Electric Consumer

Editor: Katerine G., Editor & Data Researcher · Research & publishing: Electric Consumer Editorial Team · Data retrieved · Sources named on this page: EIA-861, EPA eGRID, Census ACS, DOE LEAD, NOAA · How we got these numbers · Report an error

Electricity rates in Lakewood, New Jersey

Lakewood, NJ ranks 1 of 31 New Jersey cities for the newest homes (median year built 1992). Lakewood, New Jersey has 69,884 residents in 13,968 households; 15.1% heat with electricity.

Lakewood is a census-designated place, a Census Bureau statistical area and not an incorporated city; the figures describe Lakewood as the Bureau draws it.

Households in Lakewood, NJ can pick a supplier. How to compare.

Lakewood on the map

Ocean County with Lakewood markedOceanLakewood

Ocean County, with Lakewood marked

Who supplies Lakewood

Ocean County lists 2 utilities for Lakewood, NJ, a city of 69,884: no plan prices, and retail supplier plans are not in public data; which listed utility delivers to your street depends on the address. Ocean County page.

Housing and heating in Lakewood

Lakewood, NJ: 5,791 of 14,534 homes were built before 1980 and 5,982 in 2000 or later. Lakewood, NJ has 5,009 detached houses, 3,025 homes in 5+ unit buildings and 15 mobile homes.

Age of homes in Lakewood, NJ

% of homes by decade built, Lakewood, NJ

  1. 8pre-40
  2. 240s
  3. 650s
  4. 860s
  5. 1670s
  6. 880s
  7. 1190s
  8. 1800s
  9. 2210s
  10. 120+

Heating fuel in Lakewood, NJ

% of homes by main fuel, Lakewood

  • Utility gas78.9
  • Electricity15.1
  • Fuel oil3.4
  • Propane2.3
Lakewood, NJ housing against its county and state cities
Lakewood, NJValueCountyGapRank
Lakewood, NJ, median year built19921981+11 years1 of 31
Lakewood, NJ, built before 198039.8%48.9%-9.1 points30 of 31
Lakewood, NJ, built 2000 or later41.2%22.8%+18.3 points1 of 31
Lakewood, NJ, detached houses34.5%74.7%-40.2 points11 of 31
Lakewood, NJ, apartments in 5+ unit buildings20.8%8.1%+12.7 points22 of 31
Lakewood, NJ, mobile homes0.1%2.1%-2.0 points24 of 31
Lakewood, NJ, renter households63.0%19.8%+43.1 points15 of 31
Lakewood, NJ, median home value$618,400$366,600+$251,8004 of 31
Lakewood, NJ, median gross rent a month$1,647$1,702-$5515 of 31
Lakewood, NJ, people per household4.892.65+2.241 of 31

Facts about Lakewood

Residents of Lakewood, NJ, ACS 2023
69,88410 of 31 New Jersey cities with 30,000+
Median household income in Lakewood, NJ
$57,57625 of 31 of those cities
Households in Lakewood, NJ
13,9685.00 people each
Owner-occupied homes in Lakewood, NJ
37.0%5,173 owners and 8,795 renter households
Housing units in Lakewood, NJ
14,534566 vacant or seasonal
Homes heated by electricity in Lakewood, NJ
15.1%2,111 of 13,968 homes
Land area of Lakewood, NJ
7.1 sq mi9,872.0 people per sq mi
Bill as share of income in Lakewood, NJ
2.7%at 662 kWh a month over the $57,576 median household income
Wind and tornado reports within 15 miles of Lakewood, NJ
241NWS point reports 2015 to 2025, 344.9 per 100,000 residents
Median year homes were built in Lakewood, NJ
19925,791 of 14,534 homes (39.8%) before 1980
Median home value and rent in Lakewood, NJ
$618,400$1,647 gross rent a month, 3.20% of value a year

Bill and heat pump calculator, Lakewood

Compare Lakewood with nearby cities

Nearest New Jersey cities with 30,000+ residents to Lakewood, NJ
City near Lakewood, NJDistance from LakewoodResidentsMedian incomeMedian year builtMedian home valueStorm reports within 15 milesWork from home
Lakewood, NJ (this page)0 mi69,884$57,5761992$618,40024114.8%
Toms River, NJ7.0 mi south93,915 (+24,031)$95,759 (+$38,183)1978 (-14 yr)$377,800 (-$240,600)188 (-53)12.7% (-2.1 pts)
Long Branch, NJ18.2 mi northeast32,184 (-37,700)$73,381 (+$15,805)1969 (-23 yr)$519,000 (-$99,400)171 (-70)8.3% (-6.5 pts)
Sayreville, NJ26.4 mi north45,237 (-24,647)$98,629 (+$41,053)1973 (-19 yr)$407,600 (-$210,800)353 (+112)10.4% (-4.4 pts)
Perth Amboy, NJ29.6 mi north55,278 (-14,606)$58,490 (+$914)1957 (-35 yr)$339,200 (-$279,200)361 (+120)4.0% (-10.7 pts)
New Brunswick, NJ29.8 mi northwest55,744 (-14,140)$60,248 (+$2,672)1967 (-25 yr)$316,800 (-$301,600)362 (+121)10.2% (-4.6 pts)

Who lives in Lakewood: income, cars, homes

In Lakewood, NJ, 6,306 of 8,395 renter households pay 30% or more of income in rent; 4,680 households moved in since 2018 and 1,681 before 2000, so electric accounts turn over at a moderate pace. 20,032 residents of Lakewood, NJ live below the poverty line, and the median age is 17.3. Lakewood, NJ homes: 8,954 have 3+ bedrooms, 1,740 none or one, median 6.1 rooms. Of 17,559 workers in Lakewood, NJ, 2,596 work from home, 11,081 drive alone, 389 ride transit and 921 walk. In Lakewood, NJ, 1,347 households own no vehicle and 7,473 own two or more; home EV charging depends on that. In Lakewood, NJ, 3,733 of 13,968 households earn under $35,000, 5,001 $35,000-$75,000, 2,985 $75,000-$150,000 and 2,249 $150,000 or more.

Household income in Lakewood, NJ

% of households by income, Lakewood, NJ

  • Under $35,00026.7
  • $35,000 to $75,00035.8
  • $75,000 to $150,00021.4
  • $150,000 or more16.1
Lakewood, NJ households against New Jersey cities with 30,000+ residents
Lakewood, NJValueRank in New Jersey
Lakewood, NJ, households under $35,00026.7%13 of 31
Lakewood, NJ, households $150,000 or more16.1%21 of 31
Lakewood, NJ, residents below poverty29.3%3 of 31
Lakewood, NJ, median age17.331 of 31
Lakewood, NJ, homes with 3+ bedrooms61.6%7 of 31
Lakewood, NJ, households without a vehicle9.6%24 of 31
Lakewood, NJ, households with 2+ vehicles53.5%8 of 31
Lakewood, NJ, workers at home14.8%7 of 31
Lakewood, NJ, cost-burdened renters75.1%1 of 31
Lakewood, NJ, moved in since 201833.5%13 of 31
Lakewood, NJ, moved in before 200012.0%29 of 31

Outage risk around Lakewood

Lakewood, NJ, NWS reports within 15 miles of the centre, 2015 to 2025: 233 wind and 8 tornado, 344.9 per 100,000 residents of 69,884. Top gust near Lakewood, NJ: 85 knots, 98 mph. Damage near Lakewood, NJ: $30K.

Reports within 15 miles of Lakewood, NJ

wind and tornado reports, Lakewood, NJ

  1. 0'15
  2. 12'16
  3. 9'17
  4. 2'18
  5. 40'19
  6. 79'20
  7. 40'21
  8. 10'22
  9. 21'23
  10. 19'24
  11. 9'25
Storm reports near Lakewood, NJ
Lakewood, NJWindTornadoTotal
Lakewood, NJ, 201612012
Lakewood, NJ, 2017729
Lakewood, NJ, 2018202
Lakewood, NJ, 201940040
Lakewood, NJ, 202078179
Lakewood, NJ, 202139140
Lakewood, NJ, 202210010
Lakewood, NJ, 202317421
Lakewood, NJ, 202419019
Lakewood, NJ, 2025909

Cost of living with electricity in Lakewood

Lakewood, NJ: 13,968 households at $1,270 a year per home for electricity (Ocean County average, DOE LEAD) come to about $17.7 million, an estimate; all home energy is $2,618 a year per household.

Home energy cost, Lakewood, NJ
Group in Lakewood, NJHouseholdsPower per homePower bill of the groupShare of Lakewood, NJ median income
Lakewood, NJ, all households13,968$1,270$17.7 million2.21%
Lakewood, NJ, homeowners5,173$1,375$7.1 million2.39%
Lakewood, NJ, renters8,795$854$7.5 million1.48%

Analyst note on Lakewood

Lakewood, NJ counts 69,884 residents in 13,968 households, on 7.1 square miles. Household income in Lakewood, NJ is $57,576; 5,173 of its 13,968 households own. 2,111 of the 13,968 occupied homes in Lakewood, NJ heat with electricity.

Lakewood, NJ has 14,534 housing units, 566 of them vacant or seasonal. Lakewood, NJ ranks 1 of 31 New Jersey cities for the youngest residents (median age 17.3). Lakewood, NJ ranks 1 of 31 New Jersey cities for renters paying 30% or more of income on rent (75.1%).

Lakewood, NJ ranks 4 of 31 New Jersey cities for the highest median home value ($618,400).

ZIP codes in Lakewood

ZIP area touching Lakewood, NJShare of the ZIP's land inside LakewoodShare of Lakewood's land in the ZIP
08701 (Lakewood, NJ)28.6%100.0%

Census 2020 ZCTA to place land-area overlap. Look up any ZIP.

New Jersey: home prices since 2001, planned plants.

Questions on Lakewood

Lakewood: what is the electricity rate?

No single rate in Lakewood, NJ: New Jersey households pick a supplier and plan, and Ocean County lists 2 utilities.

Lakewood: how does it rank among New Jersey cities?

Lakewood, NJ: rank 10 of 31 by its 69,884 residents, rank 25 of 31 by $57,576 median income.

Lakewood: how many homes heat with electricity?

Lakewood, NJ: 2,111 of 13,968 occupied homes, 15.1%; Ocean County 15.2%.

Lakewood: how much income goes to electricity?

At 662 kWh a month, 2.7% of the $57,576 median income in Lakewood, NJ.

Lakewood: can I choose a supplier?

In most of New Jersey yes; municipal and co-op areas around Lakewood, NJ may be closed.

Lakewood: damaging storms reported nearby?

241 NWS wind and tornado reports within 15 miles of the centre of Lakewood, NJ, 2015 to 2025, 344.9 per 100,000 residents.

How old are the homes in Lakewood?

Lakewood, NJ: median home built 1992; 5,791 of 14,534 homes (39.8%) predate 1980, 5,009 are detached and 3,025 sit in buildings of 5+ units.

How many Lakewood, NJ renters struggle with rent?

6,306 of 8,395 renter households pay 30% or more of income in rent.

How many residents of Lakewood, NJ live below the poverty line?

20,032 residents.

How big are the homes in Lakewood, NJ?

8,954 of 14,534 homes have 3+ bedrooms; median 6.1 rooms.

Primary sources for Lakewood, NJ

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Lakewood, NJ ranks 1 of 31 New Jersey cities for the newest homes (median year built 1992).