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Apartments For Rent in Lakewood, CO

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Apartments for Rent in Lakewood, CO

Lakewood, Colorado is a medium-size city with a population of just under 152,000. At an average age of just under 40, the city's population is a bit older compared to other municipalities in the state, which has an average age of 37. Most Lakewood residents own their homes, and 41% of residents rent. At $1,216 per month, the average rent is roughly equal to the state average.

Lakewood has an average commute time of about 29 minutes. Many residents (46%) commute to work by car, while public transportation isn't extensively used. Walking isn't a common means of commuting to work.

Workers are spread across a wide range of industries in Lakewood. The four most common are retail, entertainment, healthcare, and scientific. Combined, these industries make up 25% of the labor force in the city. Meanwhile, looking at job function, 10% of the city's population works in sales, which ranks as the top profession in the city. With an average annual income of nearly $76,000, Lakewood workers earn around $5,000 less than the average Colorado resident. However, the city's average income is fairly average compared to the national level of $73,345. Compared to the national average (7%), Lakewood has a relatively large number of residents over the age of 25 with advanced degrees, as 8% possess a Master's or a Doctoral degree. In addition, 18% have earned a Bachelor's degree, which also outpaces the national average.