Lakewood is a medium-sized city located in the state of Ohio. With a population of 49,337 people and 18 associated neighborhoods, Lakewood is the 18th largest community in Ohio. Lakewood has a large stock of pre-World War II architecture, making it one of the older and more historic cities in the country. Lakewood real estate is some of the most expensive in Ohio, although Lakewood house values don't compare to the most expensive real estate in the U.S.Lakewood is a decidedly white-collar city, with fully 88.22% of the workforce employed in white-collar jobs, well above the national average. Overall, Lakewood is a city of professionals, managers, and sales and office workers. There are especially a lot of people living in Lakewood who work in management occupations (12.95%), office and administrative support (9.93%), and sales jobs (9.62%). 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. Of important note, Lakewood is also a city of artists. Lakewood has more artists, designers and people working in media than 90% of the communities in America. This concentration of artists helps shape Lakewood’s character. One interesting thing about the economy is that relatively large numbers of people worked from their home: 15.33% 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. If knowledge is power, Lakewood is a pretty powerful place. 50.80% of the adults in Lakewood have earned a 4-year college degree, masters degree, MD, law degree, or even PhD. Compare that to the national average of 21.84% for all cities and towns. The per capita income in Lakewood in 2022 was $45,774, which is wealthy relative to Ohio and the nation. This equates to an annual income of $183,096 for a family of four. However, Lakewood contains both very wealthy and poor people as well. Lakewood is a somewhat ethnically-diverse city. 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. Important ancestries of people in Lakewood include German, Irish, Italian, English, and Polish. The most common language spoken in Lakewood is English. Other important languages spoken here include Other Indo-European and Arabic.
