Lakewood vs Sherrelwood

Which is the better fit for you?

Lakewood, CO
46
Area Score
Bottom 10% nationally
Sherrelwood, CO
51
Area Score
Bottom 25% nationally

Want a third or fourth place beside these? Open them in the shortlist and add more.

Sherrelwood receives the higher standardized Area Score. That reflects AreaProfile's weighting, not a judgment about which place is better to live in.

If you are moving

What the difference in prices, rent, homes and weather comes to, using the published figures for the two places. Add your income to see what it would take to keep pace.

Moving from Lakewood to Sherrelwood

It stays in this browser and is never sent anywhere.

Everyday prices
About the same
Regional price level 105.8 against 105.8 (US = 100). Both places sit in the same price region, so the index cannot tell them apart.
Income to keep the same purchasing power
Enter your household income to see it.
A new two-bedroom lease
The same
HUD benchmarks it at $2,089 in Sherrelwood against $2,089 in Lakewood.
The median home
25% less
$432,200 in Sherrelwood against $574,400 in Lakewood.
The weather you would swap
Similar winters
Normal January lows are 18°F in Sherrelwood against 18°F in Lakewood; July highs are 90°F against 90°F (summers the same).

These are differences between published figures, not a forecast of your budget. Income and sales taxes, commuting, schools, insurance and the job you would actually get are not in them, and a price index describes a metropolitan area, so two places in one metro read the same. HUD’s rent is a benchmark for a new lease, not a listing.

Signals

Lakewood
Sherrelwood
Opportunity: Lakewood is the more favorable of the two.
Opportunity
53 · Bottom 44%
vs
43 · Bottom 23%
Growth: Sherrelwood is the more favorable of the two.
Growth
15 · Bottom 3%
vs
59 · Top 30%
Climate
59 · Bottom 11%
vs
59 · Bottom 11%
Physical resilience: Sherrelwood is the more favorable of the two.
Physical resilience
31 · Bottom 25%
vs
65 · Top 43%
Housing affordability: Lakewood is the more favorable of the two.
Housing affordability
45 · Bottom 16%
vs
44 · Bottom 14%
Schools: Lakewood is the more favorable of the two.
Schools
43 · Bottom 41%
vs
18 · Bottom 10%
Access: Sherrelwood is the more favorable of the two.
Access
97 · Top 25%
vs
100 · Top 2%
Economic stability: Lakewood is the more favorable of the two.
Economic stability
66 · Top 32%
vs
61 · Top 43%

Measured values

MetricLakewoodSherrelwoodSource period
Population156,58318,6922024 ACS 5-Year
Median household income$89,792 — more favorable$75,3272024 ACS 5-Year
Per capita income$53,749 — more favorable$33,9852024 ACS 5-Year
Population density3,601/sq mi7,620/sq mi2024 ACS 5-Year
Median home value$574,400$432,2002024 ACS 5-Year
Median gross rent$1,806$1,702 — more favorable2024 ACS 5-Year
Market rent, two bedroom$2,089$2,089FY2026
Cost of living index105.8105.82023
Homeownership rate58.1%71.7%2024 ACS 5-Year
Unemployment rate4.0% — more favorable4.4%July 2026
Employment change (year over year)−1.9%−1.9%July 2026
Bachelor's degree or higher45.3% — more favorable20.0%2024 ACS 5-Year
Poverty rate — the two are too close to separate8.4% ±1.0%10.2% ±4%2024 ACS 5-Year
Housing units permitted (12 months)232,66412 months ending July 2026
Permits per 1,000 residents0.15.0 — more favorable12 months ending July 2026
Permit change (year over year)−82.3%+4.6%12 months ending July 2026
Average July high90°F90°F1991-2020 Normals
Average January low18°F18°F1991-2020 Normals
Annual precipitation15.4"15.4"1991-2020 Normals
Distance to major airport15 mi8 mi — more favorableNASR current cycle
Average commute27.4 min — more favorable31.6 min2024 ACS 5-Year
Median age38.232.42024 ACS 5-Year
Students per teacher15.8 — more favorable17.92024-25 school year
Math proficiency33.0% — more favorable26.6%2018-19 school year
Reading proficiency45.9% — more favorable37.8%2018-19 school year

A bolded value is the more favorable of the two where the metric has a clear direction. Metrics like population and density have no inherent better or worse and are shown unweighted.

One row above shows both figures with a ± margin and neither in bold. Those come from the American Community Survey, which samples rather than counts, and the gap between the two is smaller than the uncertainty on the figures themselves — so the survey did not find a difference to report, and calling either one the winner would be reading a result out of noise.

The number of units permitted is not marked because the larger place always permits more; the per-resident rate is the fair comparison. The year-over-year change is not marked either: a percentage on fewer than 300 units swings on a handful of permits.

Physical risk tradeoff

Lakewood

Elevated or high exposure: hail, wildfire, tornado.

Sherrelwood

Elevated or high exposure: hail.

Your best match

Weight what matters to you. Your preferences stay in this browser and never change either Area Score.

Lakewood
—
Lakewood: Your Score
46
Area Score
Sherrelwood
—
Sherrelwood: Your Score
51
Area Score

Select your priorities to see which of the two fits them better.

Full profiles: Lakewood, CO · Sherrelwood, CO · How this is calculated: methodology