Lakewood 87 Exceptional
Lakewood Livability #21 ranked city in Ohio#230 ranked city in the USARanks better than 99% of areas

Pros and Cons of Living in Lakewood

PROS
  • Amenities

    Within the vicinity, you'll find a wealth of amenities, from restaurants and coffee shops to grocery stores and local shops, all easily accessible on foot.

  • Cost Of Living

    Residents in this area benefit from an affordable cost of living. This includes goods and services, transportation, housing, utilities, groceries and healthcare.

  • Crime

    This area is characterized by a crime rate, per 100,000 individuals, that falls well below the national average, indicating its potential as a very safe place to live.

  • Housing

    The housing category in this area boasts higher than average scores, likely influenced by a positive home affordability ratio, robust appreciation rates or elevated home values.

  • Health & Safety

    Earning a high health and safety score depends on factors such as good air quality and the availability of essential health facilities like hospitals, clinics, doctors, and fire stations.

CONS
  • Commute

    Commuters in this area may experience longer-than-average work commute times due to limited public transportation access.

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What's it like Living in Lakewood?

Lakewood is a medium-sized city located in the state of Ohio. The city has a population of 50,002 residents. In Lakewood, there are 9,021 people per square mile, which is well above the national population density average. If we take a look at the last Census, the vast majority of the population falls within one racial group (86% White). Given that fact, Lakewood could be considered less diverse than other cities. All the single ladies and all the single fellas might want to take notice as only 42% of the Lakewood population is married. Long travel times to work can be one of the most frustrating things in the world - right behind housework! If you decide that living in Lakewood is the right fit for you, your one way commute time will average 24 minutes, which is about average when compared to the national commute time of 26 minutes.

Are you trying to ascertain if living in Lakewood is the right fit for your lifestyle? To ensure a great experience before moving to any new city in Ohio, you will probably want to make sure that you check all of the most important boxes. Several key factors deserve attention. For one, safety is paramount, ensuring that your new area is low in crime is key. Proximity to workplaces or schools minimizes commute times and fosters convenience. Access to essential amenities like parks, grocery stores, food, fitness, shops and healthcare facilities enhances daily life. Efficient public transportation options provide mobility and connectivity. The sense of community creates a welcoming and supportive environment. Lastly, the overall atmosphere, encompassing the vibe, aesthetics, and lifestyle offerings, contributes to a fulfilling living experience. Considering these elements helps identify the ideal neighborhood for your needs and preferences. With useful information like amenities, health & safety, education, housing and other key data points, finding the best places to live in Lakewood and in the areas around Lakewood is a much easier task.

The livability score in Lakewood is 86/100 and the city is ranked in the 99th percentile of all cities across America. Pack your bags! This is a very high score in comparison to other US cities. Living in Lakewood could be a great choice! The cherry on top is that Lakewood also ranks in the top 10 percent of all cities. Based on the scores for each individual category, Lakewood has received high marks for crime (A+), cost of living (A+), education (A+) and housing (A+).

If you're living in Lakewood, you can expect to enjoy a multitude of local amenities, mostly thanks to the strategic placement of essential services such as grocery stores, restaurants, coffee shops, parks and various shops. If you're contemplating a move to this locale with the intent of establishing it as your permanent residence, you'll be pleased to find an extensive array of amenities and recreational opportunities within easy reach, either on foot or via a brief commute. This wealth of accessible amenities not only enhances the livability of the area but also ensures that you can enjoy a rich and fulfilling lifestyle, making Lakewood an attractive destination for those seeking a vibrant and well-served community to call home.

Low rates of violent crime, encompassing offenses such as murder, rape, robbery and assault, contribute significantly to a safer living environment. This reduction in crime minimizes the chances of personal harm, property theft, or violent incidents. Furthermore, low crime rates can have a positive impact on property values and the overall desirability of an area. There were 125 crimes per 100,000 residents, which signifies that Lakewood boasts an impressively low violent crime rate that falls well below the national average.

Parents and families often rely on school test scores when making decisions about local public schools. Test score data serves as a crucial metric for comparing and assessing various educational institutions. In Lakewood, the average school test scores reached an impressive 70%, significantly higher than the national average. This remarkable performance underscores the commitment of the educational system to equip students with the knowledge and resources necessary for success. It allows your children to receive the support and skills that are essential for thriving academically, making Lakewood an excellent choice for families seeking a high-quality education.

A robust real estate market serves as a crucial economic indicator, reflecting the local area's strength, stability and the confidence of its residents. Lakewood excels in the housing sector, scoring high marks based on factors such as median home and rental prices, appreciation rates and home affordability. These calculations suggest that the apartment rental and real estate market in the region is exceptionally healthy, highlighting the area's economic vitality and attractiveness to potential homebuyers and renters.

Certain items on your wish list like shopping, restaurants, nightlife, parks and proximity to public transportation are all important things to look for. Having said that, perhaps the most important metric to consider when contemplating a move to Lakewood is real estate affordability. Median real estate prices in Lakewood come in at $171,600, which is 30.1% higher than the Ohio average. The home price to income ratio compares the median home prices to the median household income. In Lakewood, the home price to income ratio is 3.2, which is 23.1% higher than the Ohio average.

Best Places to Live in and Around Lakewood

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Compare Lakewood, OH Livability

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      Lakewood transportation information

      Statistic Lakewood Ohio National
      Average one way commute24min23min26min
      Workers who drive to work77.0%83.4%76.4%
      Workers who carpool6.6%7.8%9.3%
      Workers who take public transit3.4%1.7%5.1%
      Workers who bicycle0.7%0.3%0.6%
      Workers who walk2.5%2.3%2.8%
      Working from home8.4%3.7%4.6%
      Source: The Lakewood, OH data and statistics displayed above are derived from the United States Census Bureau American Community Survey (ACS).