Most Expensive Lakewood Neighborhoods
Lakewood is a larger medium-sized town located in the state of New Jersey. With a population of 55,158 people and 13 constituent neighborhoods, Lakewood is the 24th largest community in New Jersey.
Housing costs in Lakewood are among some of the highest in the nation, although real estate prices here don't compare to real estate prices in the most expensive communities in New Jersey.
Unlike some towns, Lakewood isn’t mainly white- or blue-collar. Instead, the most prevalent occupations for people in Lakewood are a mix of both white- and blue-collar jobs. Overall, Lakewood is a town of professionals, service providers and sales and office workers. There are especially a lot of people living in Lakewood who work in teaching (18.79%), office and administrative support (10.93%) and sales jobs (9.59%).
Telecommuters are a relatively large percentage of the workforce: 9.67% of people work from home. While this number may seem small overall, as a fraction of the total workforce it is high relative to the nation. These workers are often telecommuters who work in knowledge-based, white-collar professions. For example, Silicon Valley has large numbers of people who telecommute. Other at-home workers may be self-employed people who operate small businesses out of their homes.
One thing noticeable about Lakewood, although not a huge town, is that it has a large population of people who are young, single, educated, and upwardly-mobile career starters. That’s because Lakewood is full of single people in their 20s and 30s and who have undergraduate or graduate degrees and are starting careers in professional occupations. This makes Lakewood a pretty good place for young, educated career starters looking to find many people like themselves, with good opportunities for friendships, socializing, romance, and fun.
The overall education level of Lakewood is somewhat higher than in the average US city of 21.84%: 26.92% of adults 25 and older in the town have at least a bachelor's degree.
The per capita income in Lakewood in 2010 was $11,775, which is low income relative to New Jersey and the nation. This equates to an annual income of $47,100 for a family of four. However, Lakewood contains both very wealthy and poor people as well. Lakewood also has one of the higher rates of people living in poverty in the nation, with 38.80% of its population below the federal poverty line.
The people who call Lakewood home describe themselves as belonging to a variety of racial and ethnic groups. The greatest number of Lakewood residents report their race to be White, followed by Black or African-American. Lakewood also has a sizeable Hispanic population (people of Hispanic origin can be of any race). People of Hispanic or Latino origin account for 14.89% of the town’s residents. Important ancestries of people in Lakewood include Polish, European, Hungarian, German and Russian.
The languages spoken by people in Lakewood are diverse. These are tabulated as the languages people preferentially speak when they are at home with their families. The most common language spoken in Lakewood is English. Other important languages spoken here include Spanish, Yiddish and Hebrew.
|NUMBER OF HOMES AND APARTMENTS||10,051|
|LAKEWOOD HOME OWNERSHIP|
|% OWNER OCCUPIED||33.64%|
|% RENTER OCCUPIED||66.36%|
|TYPE OF LAKEWOOD HOMES|
|SINGLE FAMILY DETACHED||43.02%|
|ROWHOUSES AND ATTACHED HOMES||23.50%|
|SMALL APARTMENT BUILDINGS||12.00%|
|COMPLEXES OR HIGH RISE APARTMENTS||21.25%|
|SIZE OF LAKEWOOD HOMES|
|5 OR MORE BEDROOMS||27.27%|
|AGE OF LAKEWOOD HOMES|
|NEWER HOMES (2000 OR LATER)||22.31%|
|ESTABLISHED, BUT NOT OLD HOMES (1970-1999)||44.55%|
|WELL-ESTABLISHED, OLD HOMES (1940-1969)||26.52%|
|HISTORIC (1939 OR BEFORE)||6.63%|
|LAKEWOOD REAL ESTATE INFORMATION||DETAILS|
|MEDIAN HOME VALUE||$424,801|
|MEDIAN RENTAL PRICE||$1,462|
|HOME VALUE RANGE|
|$0 - $53,000||3.99%|
|$53,001 - $107,000||2.71%|
|$107,001 - $213,000||8.66%|
|$213,001 - $320,000||15.61%|
|$320,001 - $427,000||19.82%|
|$427,001 - $533,000||18.37%|
|$533,001 - $800,000||27.00%|
|$800,001 - $1,067,000||2.96%|
|PEOPLE OF LAKEWOOD||DETAILS|
|UNDER 5 YEARS||18.29%|
|5 TO 17||31.75%|
|18 TO 24||11.21%|
|25 TO 34||14.82%|
|35 TO 54||15.76%|
|55 TO 64||3.83%|
|65 YEARS AND OVER||4.34%|
|EDUCATIONAL ATTAINMENT OF ADULTS|
|HIGH SCHOOL GRADUATES||80.70%|
|MEDIAN HOUSEHOLD INCOME||$38,025|
|PER CAPITA INCOME||$11,775|
|INDIVIDUALS BELOW POVERTY LEVEL||38.80%|
|INDUSTRIES PEOPLE WORK IN||Education (23.10%)
Professional, scientific, and technical services (4.79%)
Real estate (3.73%)
|BLACK OR AFRICAN AMERICAN||3.73%|
|AMERICAN INDIAN AND ALASKA NATIVE||0.17%|
|NATIVE HAWAIIAN AND OTHER PACIFIC ISLANDERS||0.00%|
|SOME OTHER RACE ALONE||2.91%|
|TWO OR MORE RACES||1.25%|
|HISPANIC OR LATINO (OF ANY RACE)||14.89%|
|ETHNICITIES PRESENT||Polish (9.42%)
|LANGUAGES SPOKEN||English (69.84%)
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