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2024 Compare Cities Economy:
Lakewood, OH vs Silver Spring, MD

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Highlights
- Household income in Silver Spring, is 60% more than it is in Lakewood and is 25% above the National Average.
- Lakewood unemployment rate is 5.2%.
- Silver Spring unemployment rate is 5.7%.

Economy
 Lakewood, OHSilver Spring, MDUnited States
 Unemployment Rate5.2%5.7%6.0%
 Recent Job Growth1.0%0.8%1.6%
 Future Job Growth24.8%31.0%33.5%
 Sales Taxes8.0%6.0%6.2%
 Income Taxes5.0%8.0%4.6%
 Income per Cap.$40,959$49,261$37,638
 Household Income$57,588$91,970$69,021
 Family Median Income$86,597$107,455$85,028
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 Est. Households By Income
 Lakewood, OHSilver Spring, MDUnited States
 Income Less Than 15K10.8%4.7%9.4%
 Income between 15K and 20K4.1%2.1%3.8%
 Income between 20K and 30K9.0%6.3%8.1%
 Income between 30K and 40K9.4%7.0%8.0%
 Income between 40K and 50K9.1%7.1%7.6%
 Income between 50K and 60K9.2%6.1%7.2%
 Income between 60K and 75K11.3%9.0%9.6%
 Income between 75K and 100K11.2%12.1%12.8%
 Income between 100K and 150K13.3%18.8%16.3%
 Income between 150K and 200K7.1%11.5%7.8%
 Income greater than 200K5.5%15.5%9.5%
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 Population By Occupation
 Lakewood, OHSilver Spring, MDUnited States
 Management, business, finance20.3%20.2%16.4%
 Engineering, computers, science8.5%15.1%6.5%
 Community, social services2.5%1.8%1.8%
 Legal1.6%3.7%1.2%
 Education, library6.5%8.4%6.2%
 Arts, design, media, sports, entertainment3.5%4.3%2.0%
 Healthcare practitioners and technology8.7%3.7%6.2%
 Healthcare support1.7%2.4%3.3%
 Firefighters, law enforcement1.5%1.0%2.1%
 Food preparation, serving7.3%4.1%5.4%
 Building maintenance3.1%3.9%3.6%
 Personal care2.8%4.5%2.6%
 Sales, office, administrative support19.8%13.4%20.9%
 Farming, fishing, forestry0.2%0.1%0.6%
 Construction, extraction, maintenance/repair4.1%6.9%8.1%
 Production, transportation, material moving7.8%6.6%13.1%

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Reviews for Lakewood    7 Reviews

Over 10 years ago

Lakewood, Ohio has the best of everything. Restaurants, small business, walkability, library, theater, schools, century homes, front porches, neighborhoods, parks, Lake  More

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Over 11 years ago

If you get a job in Cleveland, THIS IS THE PLACE TO LIVE! It has something for everybody. I was raised here and never knew anything else at this time. Once I went away  More

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Over 11 years ago

I haven't lived here, but have spent a lot of time in the area, and most certainly will move here when I finally can move back to the Cleveland area in a few years. I  More

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Reviews for Silver Spring    18 Reviews

Growing up in Silver Spring, my family and I have been residents for the better part of 25 years. Although some of the development has been great (Discovery Channel, new  More

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What a delightful school! The first time we drove up to the school, our first impression was of the charming shaded playground with wooden structures and surrounding  More

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What a delightful school! The first time we drove up to the school, our first impression was of the charming shaded playground with wooden structures and surrounding  More

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ZIPS IN LAKEWOOD, OHIO
44107
ZIPS IN SILVER SPRING, MARYLAND
20910 20901 20903

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