Lakewood Salary

As of August 2026, the average annual salary for employees at Lakewood in the United States is $97,959. This translates to an approximate hourly wage of $47. Salaries at Lakewood typically range from $86,000 to $111,208 annually, reflecting the diverse roles and experience levels within the company.
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Current Job Openings at Lakewood

Ready for your next career move? Explore current job openings at Lakewood. Use the search tool below to find available positions by title and location and apply directly to start your career.

Is Lakewood’s Pay Competitive? Salary Benchmarking Analysis

How does Lakewood's compensation stack up against the industry and its key competitors? Our salary benchmarking analysis provides a clear comparison. The chart below visualizes this comparison alongside select peer companies.
Competitor / Benchmark Avg. Salary Variance Primary Market Influence Factor & Explanation
Eastland Healthcare Center $89,922
-8.2%
Eastland Healthcare Center likely leverages performance bonuses over the high base salary shown here.
Sandpiper Rehab/Nursing $92,084
-6.0%
Sandpiper Rehab/Nursing focuses strategically on recruiting and training entry-level apprentices.
Renaissance Healthcare & Rehabilitation Center $105,353
+7.5%
Supported by Renaissance Healthcare & Rehabilitation Center's high-margin contracts allowing higher overhead.
Cherrywood $97,769
-0.2%
Aligns perfectly with prevailing regional benchmarks for this specific job family.
Healthcare Industry $121,907
+24.4%
Pay variances are driven by organizational scale, specialized skill requirements, or geographic cost-of-living factors.
Need More Granular Data? The analysis above provides a high-level market overview. To benchmark specific job codes, adjust for real-time cost-of-living changes, or access verified HR-reported datasets, upgrade to Salary.com for Business. Precision matters when building your compensation strategy.

Employee Reviews: Working at Lakewood

Considering a career at Lakewood? Explore authentic employee reviews to learn about the work environment, career growth opportunities, pay transparency and benefits. These first-hand insights can help you set realistic compensation expectations and make informed career decisions.
I appreciate the clear communication channels throughout the organization. Leadership is approachable and transparent. Some systems feel outdated, but most tasks can still be completed efficiently without too much stress or confusion. I always feel confident in their knowledge and grateful for their thoughtful approach to health. Leadership is present and it is engaged with the ground-level teams.
This healthcare organization provides consistent schedules and decent benefits but can be bureaucratic. Overall, it’s a collaborative and caring environment that makes coming to work every day feel worthwhile. I feel proud to be part of an institution that truly values its employees and patients alike. The workplace is organized and stable, though some policies are outdated. A solid organization w...
The leadership team maintains open communication, and there’s a real focus on continuous learning. Emergency department utilization for chronic conditions is down 35%. The benefits package is good, but pay increases are rare.

Lakewood Overview

Website
www.lakewoodwestend.org
Founded In
1984
Employees
100 - 200 employees
Industry
Healthcare
Headquarter Address
1900 Lauderdale Dr Richmond Virginia VA 23238
Revenue
$10 Million - $50 Million
Phone Number
+1 8047295563
Social Media
About Lakewood
Lakewood is owned and operated by LifeSpire of Virginia, Inc., which is a non-profit, non-stock corporation. LifeSpire of Virginia has operated retirement communities in Virginia since 1948. It's governed by a Board of Trustees, which is composed of business, clergy, and lay leaders. Trustees serve without compensation. Lakewood is managed by an administrative team employed by the Board.

What Benefits Does Lakewood Offer Beyond Salary?

A competitive compensation package is more than just a salary. Lakewood offers a comprehensive benefits package designed to support your health, financial future, and overall well-being. Below are the most common key benefits:
Social Security
401(K)
Disability
Healthcare
Pension
Time Off (days)
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What Is the Cost of Living Near Richmond?

Understanding the cost of living near Richmond is key to truly evaluating a salary offer or your current compensation at Lakewood.
Richmond's Cost of Living Index is approximately 95.8 (4.2% less expensive than US average; 8.0% less than VA average). State capital, historic, arts/food scene, affordable housing. GRTC bus. When planning your budget based on a salary from Lakewood, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $1,100 - $1,600+ A significant portion of Lakewood salary. Location choices impact this heavily.
Utilities (Basic) $130 - $220 Electricity, Heating, Cooling, Water etc.
Public Transportation $60 (GRTC monthly pass) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $400 - $580 Can be higher with more dining out or specialty stores.
Personal & Leisure $380 - $700+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $370 - $690+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $2,440 - $3,790+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Lakewood

1. What is the typical salary range (low to high) for most roles at Lakewood?

The typical annual salary range for most roles at Lakewood is approximately from $86,000 to $111,208. It's important to remember that these are overall averages, actual salaries vary significantly based on specific job titles, years of experience, skills, and location.

2. How much does Lakewood pay compared to Eastland Healthcare Center?

The average annual salary at Lakewood is $97,959, or an hourly wage of $47, in comparison to Eastland Healthcare Center which pays $89,922 per year or $43 per hour.

3. Do salaries differ significantly between departments at Lakewood?

Yes, salaries often differ between departments at Lakewood due to varying market demand for specific skill sets and the nature of the roles. For example, technical roles in Engineering or IT may command different salary ranges compared to roles in Marketing or Human Resources.

4. How does experience level affect salary at Lakewood?

Experience level is a significant factor in determining salary at Lakewood, as it is with most employers. Generally, employees with more years of relevant experience and a proven track record can command higher salaries. For example, a senior-level role will typically have a higher pay band than an entry-level or mid-career position within the same job family.

5. How can I determine if a salary offer from Lakewood in Richmond is fair given the local cost of living?

To determine if a salary offer from Lakewood in Richmond is fair, first compare the gross salary to our data for similar roles at Lakewood and its competitors (see our similar company salaries section) . Then, critically, use our "Cost of Living Insights for Richmond" to understand its purchasing power.

6. What factors influence salary increases at Lakewood?

Salary increases at Lakewood are likely influenced by a combination of factors, including: individual employee performance against set goals, overall company performance and profitability, budget availability, changes in the market rate for similar roles (market adjustments), and sometimes cost-of-living increases.