Lakewood 70 Good
Lakewood Livability #416 ranked city in New York#7,328 ranked city in the USARanks better than 74% of areas

Pros and Cons of Living in Lakewood

PROS
  • 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
  • Amenities

    It appears that many amenities may not be conveniently situated within walking distance, potentially necessitating the use of a vehicle or public transit.

  • Commute

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

  • Ratings

    Polls and surveys done by AreaVibes among area residents did not yield positive feedback when it came to the walkability of amenities, safety, nearby parks and the overall sense of community.

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What's it like Living in Lakewood?

Located in the state of New York, Lakewood is a small-sized city with a population of 2,823 people. If we take a look at the last Census, the vast majority of the population falls within one racial group (95% White). Given that fact, Lakewood could be considered less diverse than other cities. With an average age of 48 years, Lakewood residents appear to be older compared to the national average. For seniors and retirees, this city presents itself as a compelling choice. If you prefer shorter commutes, living in Lakewood will be a delight. With an average one-way commute time of just 16 minutes, traveling to and from work is notably more convenient than the national average, which stands at 26 minutes.

If you’re considering moving to any new city, it could be a very daunting task. However, it could also be a great experience if you are willing to get to know the town before actually living in Lakewood, New York. 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 amenities, crime, 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.

Lakewood has a livability score of 69 out of 100 and is ranked #404 in New York and #6,801 in the USA. For each of the livability categories, we see that Lakewood ranks very well for crime (A), cost of living (A+) and housing (A). There are some categories that Lakewood does not rank well for, including: amenities (F), education (D) and employment (D). It might be worth taking a closer look to find out why.

Real estate represents the most substantial investment for homebuyers, constituting their most valuable asset. Renters, on the other hand, typically see their monthly rent as their most significant expense. The Lakewood market earns a high score in the housing category, surpassing the national average in factors like home and rental affordability and appreciation rates. This robust real estate market not only benefits individual homeowners and renters but also spurs vigorous local economic activity and job growth, solidifying its significance in driving the region's prosperity and financial well-being.

Assuming that Lakewood meets all of your requirements like low crime rates, good schools and great local amenities, the next most important item to examine is the affordability of real estate in Lakewood. Everything else becomes a lot less important if it turns out that home prices in Lakewood are simply unattainable. The median home price for Lakewood homes is $113,800, which is 60.3% lower than the New York 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 2.2, which is 53.2% lower than the New York 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, NY Livability

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      Lakewood transportation information

      Statistic Lakewood New York National
      Average one way commute16min33min26min
      Workers who drive to work89.0%53.0%76.4%
      Workers who carpool5.8%6.7%9.3%
      Workers who take public transit0.8%28.0%5.1%
      Workers who bicycle0.0%0.7%0.6%
      Workers who walk2.6%6.3%2.8%
      Working from home1.2%4.0%4.6%
      Source: The Lakewood, NY data and statistics displayed above are derived from the United States Census Bureau American Community Survey (ACS).