Lakewood 69 Good
Lakewood Livability #100 ranked city in Colorado#7,443 ranked city in the USARanks better than 74% of areas

Pros and Cons of Living in Lakewood

PROS
  • Commute

    High scores in the commute category could indicate that this area offers short commute times to work and readily available public transportation options.

  • Employment

    This area scores extremely well in the employment category. This is primarily due to the combination of low unemployment rates, higher median home income and income per capita.

  • 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.

CONS
  • Crime

    High crime rates per 100,000 people are reported in this area, potentially indicating that it is an unsafe place to live. These statistics consider both violent and property offenses.

  • Health & Safety

    Factors like poor air quality and the absence of essential health-related facilities like hospitals, clinics, nursing homes and pharmacies could have played a role in the low score in this category.

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What's it like Living in Lakewood?

Lakewood is a mid-sized city located in the state of Colorado. The city has a population of 155,733 inhabitants. In Lakewood, there are 3,582 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 (85% White). Given that fact, Lakewood could be considered less diverse than other cities. Single men and women might be happy to hear that in Lakewood, only 50% of the population is married. Long commute times to work can be incredibly frustrating, ranking just behind housework on the list of life's annoyances. If you opt to make Lakewood your home, your one-way commute time will typically last around 27 minutes, a duration that aligns with the national average commute time of 26 minutes.

If you’re considering moving to any new city, it could be a very discouraging task. However, it could also be a great experience if you are willing to get to know the area before actually living in Lakewood, Colorado. When searching for a new neighborhood, several key items should be considered. Safety is of utmost importance, ensuring a secure environment with low crime. Proximity to your workplace or school helps reduce commuting time and offers convenience. Access to amenities such as parks, grocery stores, and healthcare facilities enhances your daily life. Public transportation options contribute to easy mobility. A sense of community fosters a supportive and engaging environment. Lastly, the overall atmosphere should align with your desired lifestyle, ensuring a fulfilling living experience. Considering these items will guide you towards finding the perfect neighborhood that fits all your needs. With useful information like health & safety, employment, 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.

With a livability score of 71 out of 100, Lakewood is ranked #5,855 in the United States and #87 in Colorado. Based on the grades for each individual category, Lakewood has received high marks for employment (A) and housing (A). Unfortunately for Lakewood, there are some categories for which it does not score well, this includes: crime (F) and cost of living (D-).

A healthy real estate market serves as a key economic indicator. It could signify overall local economic strength, stability and reflects consumer confidence in the area. Based on multiple factors including: median home and rental prices, appreciation rates and home affordability, Lakewood has received high marks in the housing category. Based on these calculations, the apartment rental and real estate market appears to be very healthy.

Lakewood real estate prices and overall affordability will play a huge role in determining if the area is the right fit for you. Of course there are probably some other items on your “wish list”, but even before they are considered, let’s take a look at the home prices and affordability in Lakewood. The median home price for Lakewood homes is $398,200, which is 50.5% higher than the Colorado average. If we take a closer look at the affordability of homes in Lakewood, we’ll see that the home price to income ratio is 5.6, which is 33.3% higher than the Colorado average.

Best Places to Live in and Around Lakewood

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How Do You Rate The Livability In Lakewood?

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Compare Lakewood, CO Livability

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      Lakewood transportation information

      Statistic Lakewood Colorado National
      Average one way commute27min25min26min
      Workers who drive to work75.3%75.2%76.4%
      Workers who carpool7.8%9.3%9.3%
      Workers who take public transit4.5%3.1%5.1%
      Workers who bicycle0.7%1.3%0.6%
      Workers who walk1.4%3.0%2.8%
      Working from home9.7%7.0%4.6%
      Source: The Lakewood, CO data and statistics displayed above are derived from the United States Census Bureau American Community Survey (ACS).