MyNeighborhood

Can you afford to live in LAKEWOOD?

Median household income, home values and rent in LAKEWOOD, CO — how they've changed since 2015 and how much of a typical paycheck housing takes compared with the rest of the country.

U.S. Census Bureau, American Community Survey 5-year estimates.

This story was assembled using AI and public data sources.

What it costs to live in LAKEWOOD.

Median household income: $85,789 — +50.6% since 2015 (not adjusted for inflation)

Median gross rent: $1,746/mo — +74.6% since 2015

Median home value, 2015 to 2023

  • 2015: 254700
  • 2023: 548200

Median household income

  • LAKEWOOD: 85789
  • Jefferson County: 107800
  • CO: 92470
  • U.S.: 78538

Median gross rent

  • LAKEWOOD: 1746
  • Jefferson County: 1792
  • CO: 1693
  • U.S.: 1348

Share of income a typical renter spends on rent: 32.3% — U.S.: 30.2%

What it means

The typical household here earns $85,789 — slightly higher than the national figure of $78,538.

The typical renter here spends 32.3% of household income on rent, above the 30% level housing agencies use to define cost burden.

Since 2015, rent has risen faster than income here (+74.6% versus +50.6%), before adjusting for inflation.

Sources

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