Lakewood is a larger medium-sized town located in the state of New Jersey. With a population of 69,398 people and 20 associated neighborhoods, Lakewood is the 15th largest community in New Jersey. There's nothing like the smell of a brand new house, and in Lakewood, you'll find that a large proportion of houses were recently built. New growth in residential real estate is an indication that people are choosing to move to Lakewood, and putting down their money on brand new construction. Lakewood’s real estate is, on average, some of the newest in the nation. Lakewood does seem to be experiencing an influx of affluent people, because the median household income is $54,826.00.

Lakewood home prices are not only among the most expensive in New Jersey, but Lakewood real estate also consistently ranks among the most expensive in America.

One interesting thing about the economy is that relatively large numbers of people worked from their home: 12.94% of the workforce. While this number may seem small overall, as a fraction of the total workforce this is high compared to the rest of the county. These workers are often telecommuters who work in knowledge-based, white-collar professions. For example, Silicon Valley has large numbers of people who telecommute. Other at-home workers may be self-employed people who operate small businesses out of their homes.

Another interesting thing about Lakewood, despite not being a huge town, is that there is a relatively high proportion of people living here who are young, single, and upwardly-mobile professionals. This makes it a good choice for other relocating single professionals. Here, these young singles will find many others like themselves, with opportunities for friendships, socializing, romance, and fun.

The education level of Lakewood citizens is substantially higher than the typical US community, as 32.69% of adults in Lakewood have at least a bachelor's degree.

The per capita income in Lakewood in 2022 was $17,817, which is low income relative to New Jersey and the nation. This equates to an annual income of $71,268 for a family of four. However, Lakewood contains both very wealthy and poor people as well. Lakewood also has one of the higher rates of people living in poverty in the nation, with 30.14% of its population below the federal poverty line.

Lakewood is a somewhat ethnically-diverse town. The people who call Lakewood home describe themselves as belonging to a variety of racial and ethnic groups. The greatest number of Lakewood residents report their race to be White, followed by Black or African-American. Lakewood also has a sizeable Hispanic population (people of Hispanic origin can be of any race). People of Hispanic or Latino origin account for 11.68% of the town’s residents. Important ancestries of people in Lakewood include Polish, European, Hungarian, Russian, and German.

The most common language spoken in Lakewood is English. Other important languages spoken here include Spanish and German/Yiddish.