Lakewood, NJ

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2023 Population

69,884

1.94% 1-year growth

US Senator

N/ACory Booker

Democratic Party

US Senator

N/AAndy Kim

Democratic Party

2023 Median Age

17.3

1.14% 1-year decrease

2023 Poverty Rate

29.3%

2.65% 1-year decrease

2023 Median Household Income

$57,576

5.02% 1-year growth

2023 Median Property Value

$618,400

2.28% 1-year growth

About

In 2023, N/A had a population of 69.9k people with a median age of 17.3 and a median household income of $57,576. Between 2022 and 2023 the population of Lakewood, NJ grew from 68,555 to 69,884, a 1.94% increase and its median household income grew from $54,826 to $57,576, a 5.02% increase.

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N/A of the households in N/A reported speaking a non-English language at home as their primary shared language. This does not consider the potential multi-lingual nature of households, but only the primary self-reported language spoken by all members of the household.

The largest universities in N/A are Beth Medrash Govoha (1,552 degrees awarded in 2023), Georgian Court University (526 degrees), and Seminary Bnos Chaim (377 degrees).

In 2023, the median property value in N/A was $618,400, and the homeownership rate was 37%.

United States New Jersey Ocean County, NJ New York-Newark-Jersey City, NY-NJ-PA Monmouth County (Central) PUMA, NJ Ocean County (Lakewood) PUMA, NJ

Economy

Employment

Occupations

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The most common job groups, by number of people living in N/A, are N/A. This chart illustrates the share breakdown of the primary jobs held by residents of N/A.

Unemployment Insurance Claims

The most recent data point uses Advance State Claims data, which can be revised in subsequent weeks.

Industries

Employment by Industries

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Median Earnings by Industry

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Median earning women ± N/A

The industries with the best median earnings for men in 2023 are Information ($161,875), Finance & Insurance, & Real Estate & Rental & Leasing ($90,580), and Other Services Except Public Administration ($68,239).

The industries with the best median earnings for women in 2023 are Finance & Insurance, & Real Estate & Rental & Leasing ($38,036), Other Services Except Public Administration ($37,557), and Transportation & Warehousing, & Utilities ($32,639).

Employment by Industry Sector

Data is only available at the state level. Showing data for New Jersey.

Y-Axis

2.27%

Year-over-year growth

Employment change between February 2022 and February 2023

As of February 2023, there are 4.24M people employed in New Jersey. This represents a 2.27% increase in employment when compared to February 2022.

Right after the beginning of the COVID-19 pandemic, during April 2020, a general dip can be seen across industry sectors, resulting in an overall decline in employment by 16.5%.

The following chart shows monthly employment numbers for each industry sector in New Jersey.

Education

In 2023, universities in Lakewood, NJ awarded 2,597 degrees. The student population of Lakewood, NJ in 2023 is skewed towards men, with 10,015 male students and 1,552 female students.

The largest universities in Lakewood, NJ by number of degrees awarded are Beth Medrash Govoha (1,552 and 59.8%), Georgian Court University (526 and 20.3%), and Seminary Bnos Chaim (377 and 14.5%).

The most popular majors in N/A are Talmudic Studies (1,694 and 65.2%), Judaic Studies (377 and 14.5%), and Registered Nursing (124 and 4.77%).

The median tuition cost in N/A for private four year colleges is $10,000.

Working Population

Educational Pyramid

Measure

This visualization shows the gender distribution of the population according to the academic level reached.

Educational Attainment

Race

This visualization illustrates the percentage distribution of the population according to the highest educational level reached. You can filter the data by race by using the selector above.

Housing & Living

The median property value in N/A was $618,400 in 2023, which is 2.04 times larger than the national average of $303,400. Between 2022 and 2023 the median property value increased from $604,600 to $618,400, a 2.28% increase. The homeownership rate in N/A is 37%, which is approximately the same as the national average of 65%.

Housing

Property

$618,400

Median Property Value 2023

±$36,980

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Median Property Taxes

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Rent vs Own

37%

Homeownership

2023

61.9%

Homeowners with Mortgage

2023

In 2023, 37% of the housing units in N/A were occupied by their owner. This percentage declined from the previous year's rate of 38.6%.

Equity

Household Income

Please note that the buckets used in this visualization were not evenly distributed by ACS when publishing the data.

$57,576

Median Household Income

± $6,504

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Number of Households

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In 2023, the median household income of the N/A households in N/A grew to $57,576 from the previous year's value of $54,826.

Transportation

Commuter Transportation

In N/A, N/A% of workers in N/A N/A, followed by those who N/A (N/A%) and those who N/A (N/A%).

The following chart shows the number of households using each mode of transportation over time, using a logarithmic scale on the y-axis to help better show variations in the smaller means of commuting.

Commute Time

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Average Travel Time

The chart below shows how the median household income in Lakewood, NJ compares to that of it's neighboring and parent geographies.

Car Ownership

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Average Number

Poverty

Poverty & Diversity

The most common racial or ethnic group living below the poverty line in N/A is N/A, followed by N/A and N/A.

The Census Bureau uses a set of money income thresholds that vary by family size and composition to determine who classifies as impoverished. If a family's total income is less than the family's threshold than that family and every individual in it is considered to be living in poverty.

The following chart shows the number of people with health coverage by gender.

Uninsured People

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Employer Coverage

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Medicaid

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Medicare

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Non-Group

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Military or VA

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The following chart shows how the percent of uninsured individuals in N/A changed over time compared with the percent of individuals enrolled in various types of health insurance.