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Demographics
Population
Median Income
Racial Distributions
Lakewood, California, had a population of 79,042 as of 2022 and was categorized as a "Moderate Diversity" community. The racial composition consisted of 41% Hispanic residents, 26% White residents, and 17% Asian residents. The median income was $109,309. This demographic landscape has evolved over the past decade.
Lakewood transitioned from a "White Plurality" community to a "Moderate Diversity" one between 2013 and 2022. In 2013, White residents were the largest group at 35%, but by 2022, Hispanic residents became the largest group at 41%. This change indicates a "Transitional Community" status. The Asian population remained relatively stable between 15% and 22% throughout the decade. The Black population increased slightly from 7% in 2013 to 9% in 2022, with a peak of 15% in 2019. The percentage of residents identifying as two or more races increased from 4% to 5%.
The city experienced substantial economic growth alongside these demographic shifts. The median income increased from $75,171 in 2013 to $109,309 in 2022, representing a 45% increase over the decade. This economic uptrend correlates with the increasing diversity, suggesting a possible link between changing demographics and economic opportunities.
The trends observed in Lakewood align with patterns seen in many California cities, where increasing diversity often accompanies rising income levels, particularly in suburban areas near major metropolitan centers.
Based on observed trends, Lakewood is likely to continue its trajectory towards becoming a "High Diversity" community. The Hispanic population may continue to grow, potentially reaching or exceeding 45% in the next few years. However, the increasing representation of other racial groups suggests that no single group is likely to achieve majority status.
Economically, if current trends persist, median income could continue to rise, potentially reaching or exceeding $120,000 within the next 5 years. This economic growth, coupled with increasing diversity, may attract more young professionals and families from various backgrounds, further solidifying Lakewood's status as a diverse, economically vibrant community.
The city should prepare for the challenges and opportunities that come with increasing diversity, including the need for culturally sensitive services, diverse housing options, and inclusive economic development strategies to ensure that all segments of the population benefit from the city's growth and prosperity.