Lakewood, OH Employment - Median Household Income, Unemployment Rate

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C

28%

Income/capita NAT. AVG.

2%

Household income NAT. AVG.

14%

Unemployment NAT. AVG.

Index	Lakewood	Ohio	National
Income per capita	$38,106	$27,800	$29,829
Median household income	$54,487	$50,674	$55,322
Median income owner occupied	$92,201	$65,077	$70,586
Median income renter occupied	$40,568	$28,832	$35,192
Median earnings male	$44,734	$36,579	$36,919
Median earnings female	$37,002	$24,862	$26,250
Unemployment rate	4.0%	4.6%	4.7%
Poverty level	13.0%	15.4%	15.1%

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Key findings

The income per capita in Lakewood is 28% higher than the national average
The median household income in Lakewood is 2% lower than the national average
Male median earnings are 41% higher than female median earnings
The unemployment rate in Lakewood is 14% lower than the national average
The poverty level in Lakewood is 14% lower than the national average

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am i middle class

$36,321 $54,487 $108,974

City

$33,779 $50,674 $101,348

State

$36,877 $55,322 $110,644

Nation

According to the PEW research center, the middle class is defined as a range from two thirds (2/3) of the median household income to a multiple of two (2) times the median household income. Displayed above are the city, state and national median household income averages. Simply enter your median household income to determine if your income falls into the middle class or if your household income is considered upper or lower class.

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Lakewood median earnings by income bracket

Lakewood employment by industry

Labour Type	Male	Female
Construction industry	7.3%	7.3%
Manufacturing sector	11.6%	11.6%
Financial & insurance services	6.8%	6.8%
Wholesale & retail services	15.5%	15.5%
Public administration	3.8%	3.8%
Transportation, warehousing & utilities	4.7%	4.7%
Education, health & social services	12.5%	12.5%
Other	34.4%	34.4%

Nearby cities with high median household income

City	Population	Household Income	National Avg.
Bratenahl, OH	1,460	$113,750	105.6%
Avon, OH	23,233	$109,539	98.0%
Brecksville, OH	13,521	$105,527	90.8%
Independence, OH	7,167	$105,107	90.0%
Bay Village, OH	15,258	$102,938	86.1%
Lakewood, OH	50,002	$54,487	1.5%

Cities with similar population

City	Population	Household Income	National Avg.
East Hartford, CT	50,036	$59,954	8.4%
Newark, OH	49,951	$48,609	12.1%
Coral Gables, FL	49,937	$103,999	88.0%
Levittown, PA	49,921	$85,364	54.3%
Rowland Heights, CA	49,914	$75,889	37.2%
Lakewood, OH	50,002	$54,487	1.5%

Source: The Lakewood, OH employment data displayed above is derived from the United States Census Bureau American Community Survey (ACS).