Lakewood vs Arvada

The short version

  • Overall prices are about the same in both metro areas (BEA 2024).
  • The median home costs $574,400 in Lakewood and $632,600 in Arvada.
  • Households earn more in Arvada ($117,348 vs $89,792 median).

Side by side

Lakewood, COArvada, CO
People
Population (2025)156,927122,901
Growth since 2020+0.6%-1.2%
People per square mile3,6093,152
Median age38.240.0
Bachelor's degree or higher45%52%
Money and housing
Median household income$89,792$117,348
Median home value$574,400$632,600
Home value to income6.4×5.4×
Median rent (with utilities)$1,806$1,888
Metro price level (US = 100)105.8105.8
Housing price level (US = 100)146.9146.9
$75,000 elsewhere equals$79,300$79,300
Homeowners58%75%
Top state income tax4.4%4.4%
Combined sales tax7.89%7.89%
Work and commute
Average commute (minutes)25.526.1
Work from home23%25%
Take public transit2%1%
Unemployment (2020-24 avg)4.5%3.8%
Poverty rate9.2%5.8%
Weather
January high / low47° / 18°47° / 18°
July high / low90° / 59°90° / 59°
Precipitation per year15 in15 in
Snowfall per year49 in49 in
Days 90°F or hotter4242
Nights below freezing156156
Comfortable months33
Risks, air and home prices
Natural hazard risk (FEMA, county)Relatively HighRelatively High
FEMA risk score (lower is safer)94.994.9
Good air days, 202529%29%
Home prices, past year-0.5%-0.5%
Home prices, past 5 years+21.4%+21.4%

Highlighted cells are the better value where "better" is clear (lower prices, higher income, shorter commutes). Sources: Census Bureau 2025 estimates and ACS 2020-2024, BEA 2024, NOAA 1991-2020, Tax Foundation 2026.

Weather, month by month

10°20°30°40°50°60°70°80°90°100°JanFebMarAprMayJunJulAugSepOctNovDec
Lakewood Arvada. Solid lines are average highs, dashed lines average lows (°F), NOAA 1991-2020 normals.

Most comfortable months: Lakewood: May to June and September. Arvada: May to June and September.

Full monthly tables: Lakewood weather by month and Arvada weather by month.

What $75,000 is worth

A $75,000 salary in an average-priced US city buys about the same as $79,300 in Lakewood and $79,300 in Arvada. Moving from Lakewood to Arvada, you would need about $75,000 to match a $75,000 salary.

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