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

Lakewood, WA

Population: 63,142 (2022) · Small Cities (50K–100K)

B
66/100

Good fiscal health — above-average across most metrics

Total Spending
$467.2M
Per Capita
$7,399
Total Revenue
$270.2M
Total Debt
$0

Spending Breakdown

Housing & Community Development
59.2%$276.6M
Other
18.5%$86.5M
Hospitals
8.3%$38.8M
Public Welfare
5.8%$27.0M
Fire Protection
4.0%$18.5M
Parks & Recreation
3.0%$14.1M
Utilities
1.2%$5.7M

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
0.7%$2.0M
Intergovernmental
100.0%$270.2M
Other
36.8%$99.4M

Per Capita Spending by Department

Fire Protection$293/person
Parks & Recreation$223/person

Score Breakdown

Budget Balance & Reserves (25%)45/100
Debt Burden (20%)100/100
Pension Funding (20%)76/100
Spending Efficiency (15%)100/100
Revenue Diversity (10%)0/100
Trend Direction (10%)50/100

Compare Cities

See how Lakewood stacks up against another city.

vs Seattle, WAvs Spokane, WAvs Tacoma, WA
Data source: U.S. Census Bureau, Annual Survey of State and Local Government Finances (2023). Population from American Community Survey.

Other Cities in Washington

Seattle, WA

Pop. 735K

C
Total Spending
$25.3B
Per Capita
$34,463

Spokane, WA

Pop. 228K

B
Total Spending
$3.7B
Per Capita
$16,224

Tacoma, WA

Pop. 219K

C
Total Spending
$5.2B
Per Capita
$23,896

Vancouver, WA

Pop. 191K

D
Total Spending
$2.6B
Per Capita
$13,434

Compare Lakewood With

Seattle, WA

Spending: $34,463/person · Grade: C

Spokane, WA

Spending: $16,224/person · Grade: B

Tacoma, WA

Spending: $23,896/person · Grade: C

Vancouver, WA

Spending: $13,434/person · Grade: D

Frequently Asked Questions

Lakewood, WA spends $7,399 per resident, based on total expenditures of $467.2M for a population of 63,142. The city has a Fiscal Health Score of B (66/100).

Lakewood, WA has total expenditures of $467.2M and total revenue of $270.2M. The city carries $0 in total debt, based on Census Bureau data from 2023.

Lakewood, WA 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, WA has a Fiscal Health Score of B (66/100). 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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