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CITY

Lakewood Shores

Illinois · 459 residents · 0.348 sq mi
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The short version

Lakewood Shores has roughly average household income, with a median household income of $78,693. Population has fallen 69% since 2000, a loss of 1,028 residents. 11% of adults hold a bachelor's degree or higher, below the national rate of 36%. Median home value has more than doubled since 2000, reaching $217,100. Poverty is rare here, at 3.7% of residents.

At a glance
Average income
near the US median
US median: $82,259
Older
median age 43.4
US median: 38.9
Less educated
11% hold a bachelor's degree
US average: 36%
Stable housing
home values roughly flat, inflation adjusted
US median home: $376,019
Section 01

Population & growth

Total population
459
−69%since 2000
from 1,487 in 2000
1990 – 2024
Population density
1,319 / sq mi
−69%since 2000
from 4,273 / sq mi in 2000
US average: 281
Median age
43.4
+21%since 2000
from 35.9 in 2000
US average: 38.9
Population, 1990 – 2024
3116781K1K2K1990201020202024Lakewood Shores
2024459
1990201020202024
Section 02

Income & economy

Median household income
$78,693
−17%inflation adjusted, since 2000
from $52,097 in 2000
US average: $82,259
1990 – 2024
Per capita income
$40,124
+118%since 2000
from $18,414 in 2000
US average: $44,673
Households earning $100K+
58.0%
+23.8 ptssince 2009
from 34.2% in 2009
US average: 53.3%
Poverty rate
3.7%
+1.1 ptssince 2000
from 2.6% in 2000
US average: 12.5%
Income inequality (Gini)
0.364
+25%since 2010
from 0.292 in 2010
US average: 0.476
Workforce by industry, 2024
Information14%
US avg: 10.8%
Finance & insurance14%
US avg: 5.9%
Professional, scientific, technical14%
US avg: 5.1%
Retail trade10.8%
US avg: 9.9%
Other services8.6%
US avg: 6.7%
Public administration8.6%
US avg: 4.8%
Wholesale trade5.4%
US avg: 6.9%
Transportation & warehousing2.3%
US avg: 2.2%
Agriculture, forestry, fishing0%
US avg: 1.6%
Construction0%
US avg: 1.2%
Manufacturing0%
US avg: 0.4%
Education & health services0%
US avg: 0.9%
Arts, entertainment, food0%
US avg: 1.9%
BARS: THIS PLACE · TICKS: US AVERAGE
Section 03

Housing

Median home value
$217,100
+9%inflation adjusted, since 2000
from $108,900 in 2000
US average: $376,019
1990 – 2024
Median gross rent
$1,234
−3%inflation adjusted, since 2000
from $695 in 2000
US average: $1,442
Owner-occupied
87.0%
−3.5 ptssince 2000
from 90.5% in 2000
13.0% rent
Vacancy rate
24.3%
+18.5 ptssince 2009
from 5.8% in 2009
US average: 10.0%
Owner cost-burdened
26.2%
+2.9 ptssince 2009
from 23.3% in 2009
US average: 22.9%
Renter cost-burdened
20.0%
+20.0 ptssince 2009
from 0.0% in 2009
US average: 47.4%
Afford Score
2.8
+32%since 2000
from 2.1 in 2000
1990 – 2024
Gentrification Score
40
RELATED:See current rent listings in Lakewood Shores on RentDataNow
Section 04

Race & ethnicity

2000
White, non-Hispanic96.4%(1,433)
Black0.1%(1)
Hispanic / Latino2.2%(32)
Asian0.3%(4)
Other0%
Diversity Score6.2%(91)
2024
White, non-Hispanic85.2%(391)
Black5.9%(27)
Hispanic / Latino4.1%(19)
Asian3.5%(16)
Other1.3%(6)
Diversity Score33.5%(154)
Diversity Score
33
+444%since 2000
from 6 in 2000
1990 – 2024
Section 05

Education

Bachelor's degree or higher
11.4%
+5.9 ptssince 2000
from 5.5% in 2000
US average: 35.6%
High school or higher
96.6%
+15.0 ptssince 2000
from 81.6% in 2000
US average: 89.6%
Graduate degree
0.0%
−2.0 ptssince 2000
from 2.0% in 2000
US average: 14.0%
Section 06

Commute & transportation

Average commute
23.2 min
+10%since 2000
from 21.2 min in 2000
US average: 26.5
Drive alone to work
82.9%
−6.4 ptssince 2009
from 89.3% in 2009
US average: 68.9%
Carpooled to work
8.6%
+1.1 ptssince 2009
from 7.5% in 2009
US average: 8.5%
Public transit
0.0%
Unchangedsince 2009
from 0.0% in 2009
US average: 3.2%
Worked from home
8.6%
+5.4 ptssince 2009
from 3.2% in 2009
US average: 15.0%
Walked to work
0.0%
Unchangedsince 2009
from 0.0% in 2009
US average: 2.4%
Biked to work
0.0%
Unchangedsince 2009
from 0.0% in 2009
US average: 0.4%
No vehicle available
0.0%
−2.9 ptssince 2009
from 2.9% in 2009
US average: 8.3%
Section 07

Work & employment

Unemployment rate
2.2%
−12.7 ptssince 2011
from 14.9% in 2011
US average: 5.2%
Labor force participation
58.8%
−6.5 ptssince 2011
from 65.3% in 2011
US average: 63.5%
Self-employed
7.7%
+6.4 ptssince 2009
from 1.3% in 2009
US average: 13.1%
Management & professional
22.5%
−25.0 ptssince 2009
from 47.6% in 2009
US average: 42.5%
Section 08

People & community

Male
49.0%
−2.1 ptssince 2009
from 51.2% in 2009
Female
51.0%
+2.1 ptssince 2009
from 48.8% in 2009
Foreign born
3.5%
+2.9 ptssince 2009
from 0.6% in 2009
US average: 14.1%
Veterans
7.7%
−43.0 ptssince 2009
from 50.7% in 2009
US average: 6.2%
With a disability
14.6%
−4.2 ptssince 2012
from 18.8% in 2012
US average: 13.3%
Uninsured
3.1%
−90.6 ptssince 2013
from 93.7% in 2013
US average: 8.4%
Broadband at home
91.2%
+11.2 ptssince 2017
from 80.0% in 2017
US average: 91.0%
English only at home
95.4%
−3.8 ptssince 2016
from 99.2% in 2016
US average: 77.7%
Spanish at home
1.1%
+1.1 ptssince 2016
from 0.0% in 2016
US average: 13.6%
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Compare Lakewood Shores to nearby cities

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LAKEWOOD SHORES VS
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LAKEWOOD SHORES VS
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LAKEWOOD SHORES VS
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Income$81,708+4%
Home value$253,100+17%
Population17,658+3747%
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Frequently asked

How many people live in Lakewood Shores, Illinois?

Lakewood Shores, Illinois has about 459 residents according to the 2024 American Community Survey.

What is the median household income in Lakewood Shores, Illinois?

The typical household in Lakewood Shores, Illinois earns about $78,693 a year. Half of households make more than that, and half make less.

Is Lakewood Shores, Illinois expensive?

In Lakewood Shores, Illinois, the median home is worth about $217,100, and the typical rent is about $1,234 a month.

How educated are people in Lakewood Shores, Illinois?

About 11.4% of adults age 25 and over in Lakewood Shores, Illinois hold a bachelor's degree or higher.

What is the poverty rate in Lakewood Shores, Illinois?

About 3.7% of people in Lakewood Shores, Illinois live below the federal poverty line.

Has Lakewood Shores, Illinois grown since 1990?

Yes, Lakewood Shores, Illinois has shrunk since 1990. The population has lost about 1,199 residents, a change of about -72 percent over that period.

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DATA: US CENSUS BUREAU ACS 5-YEAR + DECENNIAL CENSUS · UPDATED 2024

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