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Data from U.S. Census Bureau · 2026 · Methodology
CitySpend

Lakewood, OH

Population: 50,605 (2022) · Small Cities (50K–100K)

C
59/100

Average fiscal health — some areas of concern

Total Spending
$634.9M
Per Capita
$12,545
Total Revenue
$716.0M
Total Debt
$25.2M

Spending Breakdown

Other
34.1%$216.6M
Utilities
21.6%$137.3M
Housing & Community Development
19.5%$124.0M
Public Welfare
7.7%$49.0M
Parks & Recreation
5.5%$34.8M
Hospitals
4.6%$29.3M
Fire Protection
3.8%$23.9M
Sewerage
2.2%$13.7M
Police
0.7%$4.7M
Highways & Roads
0.3%$1.7M

Spending data sourced from the Census Bureau's Annual Survey of State & Local Government Finances. Per-capita comparisons use the Lincoln Institute's Fiscally Standardized Cities methodology for fair cross-city benchmarking.

Revenue Sources

Sales Tax
0.5%$3.7M
Intergovernmental
100.0%$716.0M
Charges & Fees
17.0%$122.1M
Other
24.3%$174.2M

Per Capita Spending by Department

Police$92/person
Fire Protection$472/person
Highways & Roads$34/person
Parks & Recreation$687/person

Score Breakdown

Budget Balance & Reserves (25%)54/100
Debt Burden (20%)50/100
Pension Funding (20%)76/100
Spending Efficiency (15%)99/100
Revenue Diversity (10%)0/100
Trend Direction (10%)50/100

Debt Overview

Total Debt$25.2M
Long-Term Debt$26.4M
Debt Per Capita$498
Cash & Securities$5.4M

Compare Cities

See how Lakewood stacks up against another city.

vs Columbus, OHvs Cleveland, OHvs Cincinnati, OH
Data source: U.S. Census Bureau, Annual Survey of State and Local Government Finances (2023). Population from American Community Survey.

Other Cities in Ohio

Columbus, OH

Pop. 902K

C
Total Spending
$17.0B
Per Capita
$18,858

Cleveland, OH

Pop. 370K

B
Total Spending
$8.6B
Per Capita
$23,088

Cincinnati, OH

Pop. 309K

A
Total Spending
$7.6B
Per Capita
$24,651

Toledo, OH

Pop. 270K

C
Total Spending
$1.4B
Per Capita
$5,129

Compare Lakewood With

Columbus, OH

Spending: $18,858/person · Grade: C

Cleveland, OH

Spending: $23,088/person · Grade: B

Cincinnati, OH

Spending: $24,651/person · Grade: A

Toledo, OH

Spending: $5,129/person · Grade: C

Frequently Asked Questions

Lakewood, OH spends $12,545 per resident, based on total expenditures of $634.9M for a population of 50,605. The city has a Fiscal Health Score of C (59/100).

Lakewood, OH has total expenditures of $634.9M and total revenue of $716.0M. The city carries $25.2M in total debt, based on Census Bureau data from 2023.

Lakewood, OH employs 0 government workers, of which 0 are full-time. The average government salary is $0, with 0.0 employees per 10,000 residents.

Lakewood, OH has a Fiscal Health Score of C (59/100). This score evaluates budget balance, debt burden, pension funding, spending efficiency, revenue diversity, and 3-year fiscal trajectory compared to peer cities of similar population.

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