Cost of Living in Lakewood, CA
Population: 80,510 • 2026 Data
$116,794
Median Household Income
+51% vs national
$2,324
Median Monthly Rent
+72% vs national
$774,100
Median Home Value
+128% vs national
5.5%
Unemployment Rate
Housing in Lakewood
The median home value in Lakewood, CA is $774,100. Monthly rent for a typical unit averages $2,324, while total monthly housing costs (including utilities and insurance) average $2,314.
Rent-to-income ratio: 23.9%. This is within the recommended 30% threshold, suggesting housing is relatively affordable for median-income earners.
Income and Employment
The median household income in Lakewood, CA is $116,794. The unemployment rate stands at 5.5%, with a labor force of 43,858 people.
Data Sources
All data from the US Census Bureau American Community Survey 5-Year Estimates. National median figures used for comparison context.