Lakewood is a relatively large city located in the state of Colorado. With a population of 156,120 people and 43 associated neighborhoods, Lakewood is the fifth largest community in Colorado. Housing costs in Lakewood are among some of the highest in the nation, although real estate prices here don't compare to real estate prices in the most expensive communities in Colorado.Unlike some cities where white-collar or blue-collar occupations dominate the local economy, Lakewood is neither predominantly one nor the other. Instead, it has a mixed workforce of both white- and blue-collar jobs. Overall, Lakewood is a city of professionals, managers, and sales and office workers. There are especially a lot of people living in Lakewood who work in management occupations (12.52%), office and administrative support (10.59%), and sales jobs (9.70%). Also of interest is that Lakewood has more people living here who work in computers and math than 95% of the places in the US. One interesting thing about the economy is that relatively large numbers of people worked from their home: 16.87% of the workforce. While this number may seem small overall, as a fraction of the total workforce this is high compared to the rest of the county. These workers are often telecommuters who work in knowledge-based, white-collar professions. For example, Silicon Valley has large numbers of people who telecommute. Other at-home workers may be self-employed people who operate small businesses out of their homes. The citizens of Lakewood are among the most well-educated in the nation: 44.38% of adults in Lakewood have a bachelor's degree or even advanced degree, whereas the average US city has 21.84% holding at least a bachelor's degree. The per capita income in Lakewood in 2022 was $48,299, which is upper middle income relative to Colorado, and wealthy relative to the rest of the US. This equates to an annual income of $193,196 for a family of four. However, Lakewood contains both very wealthy and poor people as well. Lakewood is a very ethnically-diverse city. The people who call Lakewood home describe themselves as belonging to a variety of racial and ethnic groups. The greatest number of Lakewood residents report their race to be White, followed by Asian. Lakewood also has a sizeable Hispanic population (people of Hispanic origin can be of any race). People of Hispanic or Latino origin account for 22.43% of the city’s residents. Important ancestries of people in Lakewood include German, Irish, English, Italian, and Scottish. The most common language spoken in Lakewood is English. Other important languages spoken here include Spanish and Vietnamese.
