Property Intelligence Report — Lakewood, Washington

Lakewood is a substantial community of nearly 920,000 people with a solid middle to upper-middle class character—the median household income sits around $91,500, which reflects a stable, working professional demographic. Home values averaging $444,600 are reasonable for the Pacific Northwest, and with nearly two-thirds of properties owner-occupied, you're looking at a neighborhood-oriented area rather than a transient rental market. The education levels are moderate, with about 27% holding bachelor's degrees or higher, suggesting a practical, blue-collar to white-collar mix.

From a natural hazards perspective, you should be aware of two considerations. Radon falls into the moderate zone (Zone 2), so testing and mitigation systems are standard precautions here—most homes have them or should. Seismic activity is more notable: the area experiences regular minor earthquakes, averaging roughly 14-15 per year with the strongest on record hitting 4.58 magnitude. These are generally not destructive, but it's worth factoring earthquake insurance into your calculations and ensuring any property inspection includes structural integrity.

Overall, Lakewood offers the stability of an established, middle-class community with reasonable property values, though the seismic and radon considerations are typical realities for this region that competent inspectors can evaluate.