Salary, Cost of Living & Best Neighborhoods in Lakewood, CA
Lakewood, CA


Living In Lakewood CA Salary And Cost Of Living Overview
Lakewood, CA is a well-established suburban community in southeast Los Angeles County. Known for its tree-lined streets, mid‑century homes, and convenient access to major employment centers, Lakewood attracts families, professionals, and retirees alike. Understanding the salary expectations and cost of living in Lakewood, CA is essential for anyone considering a move to the area or evaluating a job offer nearby. The following sections provide a detailed look at average salaries, everyday expenses, housing prices, neighborhoods, and schools so you can make an informed decision about living in Lakewood, California.
Average Salary In Lakewood CA
The job market in Lakewood, CA benefits from its proximity to major employment hubs such as Long Beach, Los Angeles, and the South Bay. Residents often work in healthcare, education, government, retail, logistics, and professional services. While exact salaries vary by industry and experience, the figures below provide a useful benchmark for the average salary in Lakewood, CA.
| Job Category | Estimated Average Annual Salary (Lakewood, CA Area) |
|---|---|
| Registered Nurse | $95,000 – $120,000 |
| Public School Teacher | $70,000 – $95,000 |
| Retail Manager | $55,000 – $75,000 |
| Administrative Assistant | $45,000 – $60,000 |
| Software/IT Professional | $100,000 – $135,000 |
| Skilled Trades (Electrician/Plumber) | $65,000 – $95,000 |
Many full-time professionals in Lakewood earn between $60,000 and $100,000 per year, although incomes can be higher for specialized or senior roles. When considering an offer, it is important to compare your potential salary to the regional cost of living, particularly housing and transportation expenses.
Cost Of Living In Lakewood CA
The cost of living in Lakewood, CA generally tracks with the broader Los Angeles County region and is higher than the national average. However, many residents view Lakewood as relatively more affordable than some nearby coastal cities. Key components of the cost of living include housing, utilities, groceries, transportation, and healthcare.
| Expense Category | Approximate Monthly Cost For A Single Adult | Approximate Monthly Cost For A Family Of Four |
|---|---|---|
| Rent (see housing section for details) | $1,800 – $2,400 | $2,800 – $3,800 |
| Utilities (electric, gas, water, trash) | $120 – $200 | $180 – $260 |
| Groceries | $350 – $550 | $900 – $1,300 |
| Transportation (car payment, fuel, insurance) | $350 – $600 | $700 – $1,100 |
| Healthcare (out-of-pocket) | $100 – $250 | $300 – $600 |
| Dining & Entertainment | $150 – $300 | $300 – $500 |
Overall, many households will find that they need a combined annual income of roughly $90,000 to $120,000 to live comfortably in Lakewood, CA, particularly if they are renting a larger home or supporting children. Those with higher incomes may enjoy more flexibility for savings, travel, and discretionary spending.
Average Home Values And Rents In Lakewood CA
Housing is the largest expense for most residents, so analyzing average home values and rents in Lakewood, CA is crucial. Lakewood is largely composed of single-family homes built in the post–World War II era, along with a mix of townhomes and apartment communities.
| Housing Type | Estimated Average Price/Monthly Rent |
|---|---|
| Median Single-Family Home Value | $750,000 – $850,000 |
| Condominium/Townhome Value | $550,000 – $700,000 |
| 1-Bedroom Apartment Rent | $1,800 – $2,200 per month |
| 2-Bedroom Apartment Rent | $2,200 – $2,700 per month |
| 3-Bedroom Single-Family Rental | $2,800 – $3,500 per month |
To visualize how purchase prices compare to rental rates in Lakewood, CA, consider the following simple chart.
| Lakewood, CA Housing Comparison | Low Range | High Range |
|---|---|---|
| Median Home Value | $750,000 | $850,000 |
| Annual Cost To Rent A 3-Bedroom (Est.) | $33,600 | $42,000 |
Homebuyers in Lakewood, CA should be prepared for competitive pricing and potential multiple-offer situations, especially for well-maintained homes in desirable neighborhoods near good schools and parks. Renters, meanwhile, will find a range of apartment complexes and single-family rentals, often with easy access to shopping centers and major freeways.
Best Neighborhoods In Lakewood CA
When evaluating the best neighborhoods in Lakewood, CA, many residents prioritize safety, school quality, access to parks, and proximity to shopping and services. Lakewood is known for its walkable residential streets, community-oriented atmosphere, and numerous public amenities.
| Neighborhood/Area | Key Features |
|---|---|
| Lakewood Mutuals | Classic post-war homes, tree-lined streets, close to Lakewood Center and major retail, family-friendly environment. |
| Lakewood Park Area | Near Lakewood Country Club and several parks; popular with families who value recreation and green space. |
| Carson Park Adjacent | Quiet residential streets near Long Beach border, access to parks, convenient to freeways and job centers. |
| East Lakewood | Mix of single-family homes and townhomes; easy access to the 605 Freeway; close to shopping and dining. |
| Mayfair Area | Centered around Mayfair Park and schools; strong sense of community and popular with young families. |
As you explore neighborhoods in Lakewood, CA, it is helpful to drive through at different times of day, visit local parks, and note commute times to your workplace. Many residents appreciate the city’s well-maintained streets, active community programs, and organized recreational sports.
Schools And Education In Lakewood CA
For families and future parents, schools in Lakewood, CA play a major role in choosing where to live. Lakewood is primarily served by the Long Beach Unified School District (LBUSD), which is one of the largest districts in California and offers a range of academic programs, magnet options, and extracurricular activities.
| School Level | Examples In Or Near Lakewood, CA | Notable Features |
|---|---|---|
| Elementary Schools | Madison Elementary, MacArthur Elementary, Cleveland Elementary | Neighborhood-based schools with community events, after-school programs, and foundational academic support. |
| Middle Schools | Hoover Middle (nearby), Bancroft Middle (nearby) | Range of electives, sports, and preparation for high school pathways. |
| High Schools | Lakewood High School, Mayfair High School (in neighboring Bellflower USD) | Comprehensive programs including AP courses, athletics, arts, and career technical education pathways. |
| Colleges & Universities (Nearby) | Long Beach City College, California State University Long Beach | Accessible higher education options offering certificates, associate degrees, and bachelor’s/graduate programs. |
Parents should review current school ratings, visit campuses, and speak with other local families to evaluate academic performance and campus culture. Many Lakewood, CA neighborhoods are prized for their proximity to well-regarded schools and active parent communities.
Is Lakewood CA Right For You
In summary, Lakewood, CA offers a balanced suburban lifestyle with solid average salaries, a relatively high but manageable cost of living, and strong neighborhood and school options. The city’s median home values and rental rates reflect its location within the greater Los Angeles region, but many residents feel they gain value through community amenities, parks, and convenient access to jobs, shopping, and entertainment.
Those who thrive in Lakewood, CA tend to appreciate its family-friendly atmosphere, well-maintained neighborhoods, and proximity to major freeways and coastal areas. By carefully reviewing salary expectations, housing costs, and school options, you can determine whether Lakewood, CA aligns with your financial goals and quality-of-life priorities. With thoughtful planning and realistic budgeting, Lakewood can be an excellent place to call home in Southern California.


Frequently Asked Questions About Living in Lakewood, CA
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