Severance vs Lakewood: Housing
| Severance | Lakewood | |
|---|---|---|
| Median Home Value | $528,500 | $574,400 |
| Median Gross Rent | $2,569/mo | $1,806/mo |
| Homeownership Rate | 91.6% | 58.1% |
| Rent as Share of Income | 24.7% | 24.1% |
Source: U.S. Census Bureau, American Community Survey, ACS 2020-2024.