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Lakewood, NJ
Real Estate & Demographic Data






Lakewood profile


Living in Lakewood


Lakewood is a larger medium-sized town located in the state of New Jersey. With a population of 69,398 people and 20 constituent neighborhoods, Lakewood is the 15th largest community in New Jersey.

Housing costs in Lakewood are among some of the highest in the nation, although real estate prices here don't compare to real estate prices in the most expensive communities in New Jersey.

Lakewood is a decidedly white-collar town, with fully 88.64% of the workforce employed in white-collar jobs, well above the national average. Overall, Lakewood is a town of professionals, sales and office workers, and managers. There are especially a lot of people living in Lakewood who work in teaching (23.44%), office and administrative support (15.76%), and management occupations (11.04%).

Also of interest is that Lakewood has more people living here who work in computers and math than 95% of the places in the US.

One interesting thing about the economy is that relatively large numbers of people worked from their home: 10.27% 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.

One thing noticeable about Lakewood, although not a huge town, is that it has a large population of people who are young, single, educated, and upwardly-mobile career starters. That’s because Lakewood is full of single people in their 20s and 30s and who have undergraduate or graduate degrees and are starting careers in professional occupations. This makes Lakewood a pretty good place for young, educated career starters looking to find many people like themselves, with good opportunities for friendships, socializing, romance, and fun.

The population of Lakewood is very well educated relative to most cities and towns in the nation, where the average community has 21.84% of its adult population holding a 4-year degree or higher: 34.08% of adults in Lakewood have a bachelor's degree or even advanced degree.

The per capita income in Lakewood in 2018 was $15,084, which is low income relative to New Jersey and the nation. This equates to an annual income of $60,336 for a family of four. However, Lakewood contains both very wealthy and poor people as well.

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 10.22% 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.