Can you afford to live in LAKEWOOD?
Median household income, home values and rent in LAKEWOOD, NJ — 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: $57,576 — +51.6% since 2015 (not adjusted for inflation)
Median gross rent: $1,647/mo — +27.7% since 2015
Median home value, 2015 to 2023
- 2015: 392700
- 2023: 618400
Median household income
- LAKEWOOD: 57576
- Ocean County: 86411
- NJ: 101050
- U.S.: 78538
Median gross rent
- LAKEWOOD: 1647
- Ocean County: 1702
- NJ: 1653
- U.S.: 1348
Share of income a typical renter spends on rent: 46.0% — U.S.: 30.2%
What it means
The typical household here earns $57,576 — far lower than the national figure of $78,538.
The typical renter here spends 46.0% of household income on rent, above the 30% level housing agencies use to define cost burden.
Since 2015, income has kept pace with rent here (+51.6% versus +27.7%), before adjusting for inflation.
Sources
- U.S. Census Bureau — American Community Survey (ACS) 5-year estimates — Population, income, housing, education, commuting and poverty figures
- Census Bureau API — ACS Detailed Tables — The endpoint these pages are generated from
- data.census.gov — Look up the same tables for any place yourself
- ACS accuracy statement — Estimates carry margins of error; small places vary the most
Loading the live page…