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Lakewood Ohio Real Estate By Jennifer Hershey

Lakewood Ohio Real Estate

Lakewood, Ohio, is located in Cuyahoga County, of , and 90 miles SE of Detroit, Michigan. Lakewood has a population of 56,646.

Lakewood Homes

Lakewood properties pool is 26,693 residential properties including Lakewood new homes. Median age of real estate in Lakewood is 1939. Average Household size is 3.03 people. 5% are one bedroom homes, 18% are 2 bedroom homes, 45% are 3 bedroom homes, 24% are 4 bedroom homes, and 8% are 5+ bedroom homes.

Lakewood Mortgage Statistics

Lakewood mortgages vs. USA median statistics

Homes Lakewood USA
Homes With No Mortgage 24%
30%
Homes With Mortgage 76%
70%
First Mortgage Only 50%
54%
First & Second Mortgage or HELOC 26%
16%

Lakewood Area Real Estate Tax

Lakewood Real estate Tax: Median Real Estate Taxes (2000) were $2,186 comparing to 1999 Median Family income $ 53,433. Compare to USA median yearly Real Estate Tax $1,300 and USA median Family Income $42,000 (1999).

Lakewood School District: Children make up 21% of Lakewood population. Lakewood has 11,913 under 18 years old residents, or 0.38 kids per one worker, or 0.45 kids per one household.

Lakewood Real Estate & Lakewood Homeownership

There are 11744.92 or 44% one person households, 7740.97 or 29% two person households, and 3203.16 or 12% three person households in Lakewood, Ohio. Median residents age is 34.2, Senior citizens (65+) make up 6,888 or 12.2%% of Lakewood population.

There are 31,564 workers (over 16 years of age) in Lakewood. Of these, 85.11% drive to work. Approximately 7.82% of workers in Lakewood take public transportation. An estimated 3.59% walk to work.

Median Lakewood homeowner's housing expences are 19.7%

Crime in Lakewood (2003), crimes per 10,000 residents per year

Type of Crime Lakewood USA, 2003
Violent Crimes
15.01
47.5
Robberies
4.77
14.2
Aggravated Assaults
9.53
29.5
Property Crimes
166.65
358.8
Burglaries
33.89
74.0
Larceny-Thefts
117.75
241.5
Motor Vehicle Thefts
15.01
43.3

Invest in Lakewood Properties

When making a decision about buying real estate in Lakewood Ohio area, you should consider following statistical data:

Category Lakewood USA
Near Medium City
-
Near Large City
Detroit, Michigan
-
Lakewood Zip Codes
44107
-
Lakewood Area Codes
216
-
White population
93.07%
75.1%
African-American population
1.97%
12.3%
Asian
1.41%
3.6%
American Indian & Alaskan
0.25%
0.9%
Hispanic (of any race)
2.24%
12.5%
Median Family Income (1999)
$ 53,433%
$42,000
Population Below Poverty Level
8.75%
12.4%

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