Cost of Living in Lakewood, CO
Population: 156,309 • 2026 Data
$85,789
Median Household Income
+11% vs national
$1,746
Median Monthly Rent
+30% vs national
$548,200
Median Home Value
+62% vs national
4.5%
Unemployment Rate
Housing in Lakewood
The median home value in Lakewood, CO is $548,200. Monthly rent for a typical unit averages $1,746, while total monthly housing costs (including utilities and insurance) average $1,729.
Rent-to-income ratio: 24.4%. 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, CO is $85,789. The unemployment rate stands at 4.5%, with a labor force of 91,970 people.
Data Sources
All data from the US Census Bureau American Community Survey 5-Year Estimates. National median figures used for comparison context.