2025 Compare Cities Economy:
Lakewood, OH vs Ann Arbor, MI

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Highlights
- Household income in Ann Arbor, is 27% more than it is in Lakewood and is 6% above the National Average.
- Lakewood unemployment rate is 5.2%.
- Ann Arbor unemployment rate is 3.5%.
 Lakewood, OHAnn Arbor, MIUnited States
 Unemployment Rate  Unlock3.5%6.0%
 Recent Job Growth  Unlock1.3%1.6%
 Future Job Growth24.8%  Unlock33.5%
 Sales Taxes8.0%  Unlock6.2%
 Income Taxes  Unlock4.3%4.6%
 Income per Cap.$40,959  Unlock$37,638
 Household Income  Unlock$73,276$69,021
 Family Median Income$86,597  Unlock$85,028
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 Est. Households By Income
 Lakewood, OHAnn Arbor, MIUnited States
 Income Less Than 15K  Unlock14.5%9.4%
 Income between 15K and 20K4.1%  Unlock3.8%
 Income between 20K and 30K  Unlock5.8%8.1%
 Income between 30K and 40K9.4%  Unlock8.0%
 Income between 40K and 50K  Unlock6.0%7.6%
 Income between 50K and 60K9.2%  Unlock7.2%
 Income between 60K and 75K  Unlock8.4%9.6%
 Income between 75K and 100K11.2%  Unlock12.8%
 Income between 100K and 150K  Unlock15.7%16.3%
 Income between 150K and 200K7.1%  Unlock7.8%
 Income greater than 200K  Unlock13.6%9.5%
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 Population By Occupation
 Lakewood, OHAnn Arbor, MIUnited States
 Management, business, finance20.3%  Unlock16.4%
 Engineering, computers, science  Unlock16.2%6.5%
 Community, social services2.5%  Unlock1.8%
 Legal  Unlock1.5%1.2%
 Education, library6.5%  Unlock6.2%
 Arts, design, media, sports, entertainment  Unlock3.5%2.0%
 Healthcare practitioners and technology8.7%  Unlock6.2%
 Healthcare support  Unlock2.1%3.3%
 Firefighters, law enforcement1.5%  Unlock2.1%
 Food preparation, serving  Unlock4.8%5.4%
 Building maintenance3.1%  Unlock3.6%
 Personal care  Unlock2.7%2.6%
 Sales, office, administrative support19.8%  Unlock20.9%
 Farming, fishing, forestry  Unlock0.1%0.6%
 Construction, extraction, maintenance/repair4.1%  Unlock8.1%
 Production, transportation, material moving  Unlock5.2%13.1%
Reviews for Lakewood    7 Reviews

Over 11 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 12 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 12 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 Ann Arbor    49 Reviews

Over 8 years ago

Highly educated city. traffic and parking is bad. university culture is nice, not sure about elsewhere. no good pizza! if you're looking for food, I recommend "a taste  More

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Uh, compared to my other favorite college towns this one lacks flavor. Safer and kinda pretty, but not the greenest place, it's fine. Good restaurants, music, art,  More

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Over 10 years ago

Ann Arbor bus service (AATA) is quite good. The Detroit Metro Airport is only a 20 min. drive away and is also quite good. The traffic in Ann Arbor is usually mild  More

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