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The total population of Lakewood township is estimated to be 133,875 with 66,792 males (49.89%) and 67,083 females (50.11%). There are 291 more females than males in Lakewood township.
The median household income in Lakewood township was $57,847 in 2021, which marked an a decrease of 1,677(2.82%) from $59,524 in 2020. This income is 77.54% of the U.S. median household income of $74,606 (all incomes in 2022 inflation-adjusted dollars).
Per the latest American Community Survey by the Census Bureau, Lakewood township sees its highest median household income among householders in the age group of 45 to 64 years old, at $91,748. Overall, the median household income for the township of Lakewood township stands at $63,729.
In Lakewood township, the median income for all workers aged 15 years and older, regardless of work hours, was $33,561 for males and $30,226 for females. However, when specifically considering full-time, year-round workers within the same age group, the median income was $60,430 for males and $51,689 for females.
In Lakewood township, the demographic landscape is diverse, spanning 4 distinct racial categories among households. Among these, Some Other Race households have the highest median household income at $108,100, while Black or African American households represent the opposite end with the lowest median household income of $47,878.
In 2022, the population of Lakewood township was 139,506, a 0.93% increase year-by-year from 2021. Previously, in 2021, Lakewood township's population was 138,221, an increase of 2.10% compared to a population of 135,384 in 2020.
The median age in Lakewood Township, New Jersey is 18.4, as per 2021 ACS 5-Year Estimates. Of the total population, 43.91% were under the age of 15, 20.44% aged 15 to 29, 25.83% aged 30 to 64, 7.85% aged 65 to 84, and 1.97% were 85 years of age and older.
Racial distribution of Lakewood township population: 90.08% are White, 2.66% are Black or African American, 0.05% are American Indian and Alaska Native, 0.85% are Asian, 0.01% are Native Hawaiian and other Pacific Islander, 3.96% are some other race and 2.40% are multiracial.