Here's what it costs to live in Lakewood, Washington, based on the latest US government data. Renters pay a median of $1,525 per month, while the typical home is valued around $461,200. Households earn a median of $74,720 per year, leaving rent at a manageable share of income for many residents. Below: housing costs, local wages by occupation, neighborhoods, climate, jobs and major industries, and healthcare access — all drawn from US Census, BEA, BLS, HUD, EPA, and NOAA data.
Median Household Income
$74,720
Annual · Census ACS
Median Gross Rent
$1,525
Per month · Census ACS
Median Home Value
$461,200
Census ACS
Cost of Living Index
N/A
BEA RPP · US avg = 100
1BR Fair Market Rent
N/A
HUD FMR
2BR Fair Market Rent
N/A
HUD FMR
3BR Fair Market Rent
N/A
HUD FMR
HUD Fair Market Rent = 40th percentile gross rent · FY2024
| Occupation | Median Annual Wage |
|---|---|
| 💻Software Developer | N/A |
| 🏥Registered Nurse | N/A |
| 📚Elementary Teacher | N/A |
| ⚡Electrician | N/A |
| 📊Accountant | N/A |
| 🔧Plumber | N/A |
| ⚕️Nurse Practitioner | N/A |
| 🏗️Civil Engineer | N/A |
| 👔Operations Manager | N/A |
| 📈Market Research Analyst | N/A |
| 🏢Health Services Manager | N/A |
| 🚛Truck Driver | N/A |
| 👨⚕️Physician Assistant | N/A |
| 🩺Surgeon | N/A |
| 🧮Data Scientist | N/A |
| 🖥️Computer Engineer | N/A |
Source: BLS OEWS 2023 (metro-level data)
Population
62,937
Latest estimate
Median Age
37.4 yrs
Census ACS
🌬️
AQI data not available
Source: EPA AirNow
Total Neighborhoods
5
Tracked in our database
Avg Walk Score
N/A
0–100 scale
Avg Median Rent
$1,711
Per month
Avg Home Value
$506,300
Census ACS
January Avg
42°F
July Avg
67°F
Sunny Days / Year
—
Annual Snowfall
—
Climate category: Temperate · Source: NOAA/NCEI 30-year normals.
Healthcare Score
31.0
poor
Hospitals
1
Doctors per 1,000
1.00
Insurance Coverage
89.9%
What is the cost of living index for Lakewood?
The cost of living index for Lakewood is not yet available in our database.
What is the median rent in Lakewood?
The median gross rent in Lakewood is $1,525 per month according to US Census ACS data.
What is the median household income in Lakewood?
The median household income in Lakewood is $74,720 per year.
What is the median home value in Lakewood?
The median home value in Lakewood is $461,200 based on the latest Census ACS survey.
How is the air quality in Lakewood?
Air quality data for Lakewood is not yet available.
What are the taxes like in Lakewood?
Tax data for Washington is not yet available.
Data last updated: December 1, 2026 · Sources: US Census ACS, BEA RPP, BLS OEWS, HUD FMR, EPA AirNow, Tax Foundation · Methodology
