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CITY · 2020 ACS

Lakewood Shores

Illinois · 665 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 $66,417. Population has fallen 55% since 2000, a loss of 822 residents. 8% of adults hold a bachelor's degree or higher, below the national rate of 33%. Median home value is $144,000. The poverty rate of 22.6% is well above the national figure.

At a glance
Average income
near the US median
US median: $66,278
Mid-age
median age 39.9
US median: 38.8
Less educated
8% hold a bachelor's degree
US average: 33%
More affordable
home values down 12%, inflation adjusted
US median home: $265,253
Section 01

Population & growth

Total population
665
−55%since 2000
from 1,487 in 2000
1990 – 2024
Population density
1,911 / sq mi
−55%since 2000
from 4,273 / sq mi in 2000
US average: 280
Median age
39.9
+11%since 2000
from 35.9 in 2000
US average: 38.8
Population, 1990 – 2024
3116781K1K2K1990201020202024Lakewood Shores
2024459
1990201020202024
Section 02

Income & economy

Median household income
$66,417
−15%inflation adjusted, since 2000
from $52,097 in 2000
US average: $66,278
1990 – 2024
Per capita income
$27,100
+47%since 2000
from $18,414 in 2000
US average: $35,364
Households earning $100K+
42.7%
+8.4 ptssince 2009
from 34.2% in 2009
US average: 43.9%
Poverty rate
22.6%
+20.1 ptssince 2000
from 2.6% in 2000
US average: 12.8%
Workforce by industry, 2020
Retail trade20.4%
US avg: 10%
Information11%
US avg: 11.1%
Finance & insurance9.8%
US avg: 5.5%
Professional, scientific, technical9.8%
US avg: 4.7%
Wholesale trade6.7%
US avg: 6.7%
Transportation & warehousing4.3%
US avg: 2.5%
Arts, entertainment, food3.9%
US avg: 2%
Other services1.2%
US avg: 6.6%
Agriculture, forestry, fishing0%
US avg: 1.7%
Construction0%
US avg: 1.2%
Manufacturing0%
US avg: 0.5%
Education & health services0%
US avg: 0.8%
Public administration0%
US avg: 4.7%
BARS: THIS PLACE · TICKS: US AVERAGE
Section 03

Housing

Median home value
$144,000
−12%inflation adjusted, since 2000
from $108,900 in 2000
US average: $265,253
1990 – 2024
Median gross rent
$1,339
+28%inflation adjusted, since 2000
from $695 in 2000
US average: $1,124
Owner-occupied
83.6%
−6.9 ptssince 2000
from 90.5% in 2000
16.4% rent
Afford Score
2.2
+4%since 2000
from 2.1 in 2000
1990 – 2024
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)
2020
White, non-Hispanic91.1%(606)
Black0.5%(3)
Hispanic / Latino5%(33)
Asian0.5%(3)
Other0%(0)
Diversity Score14.3%(95)
Diversity Score
14
+133%since 2000
from 6 in 2000
1990 – 2024
Section 05

Education

Bachelor's degree or higher
8.2%
+2.6 ptssince 2000
from 5.5% in 2000
US average: 32.9%
High school or higher
100.0%
+18.4 ptssince 2000
from 81.6% in 2000
US average: 88.5%
Graduate degree
0.0%
−2.0 ptssince 2000
from 2.0% in 2000
US average: 12.7%
Section 06

Commute & transportation

Average commute
30.1 min
+42%since 2000
from 21.2 min in 2000
US average: 26.9
Drive alone to work
87.3%
−2.0 ptssince 2009
from 89.3% in 2009
US average: 75.1%
No vehicle available
2.4%
−0.5 ptssince 2009
from 2.9% in 2009
US average: 8.4%
Section 07

Work & employment

Unemployment rate
1.9%
−13.0 ptssince 2011
from 14.9% in 2011
US average: 5.4%
Labor force participation
60.6%
−4.7 ptssince 2011
from 65.3% in 2011
US average: 63.4%
Management & professional
12.5%
−35.0 ptssince 2009
from 47.6% in 2009
US average: 39.3%
Section 08

People & community

Male
58.5%
+7.3 ptssince 2009
from 51.2% in 2009
Female
41.5%
−7.3 ptssince 2009
from 48.8% in 2009
Foreign born
0.0%
−0.6 ptssince 2009
from 0.6% in 2009
US average: 13.5%
Uninsured
3.7%
−90.0 ptssince 2013
from 93.7% in 2013
US average: 8.8%
Drill deeper

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Compare Lakewood Shores to nearby cities

LAKEWOOD SHORES VS
Channahon
Income$119,494+80%
Home value$327,900+128%
Population14,530+3066%
SEE FULL COMPARISON →
LAKEWOOD SHORES VS
Manhattan
Income$128,522+94%
Home value$332,600+131%
Population10,943+2284%
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LAKEWOOD SHORES VS
Minooka
Income$115,445+74%
Home value$315,600+119%
Population12,899+2710%
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LAKEWOOD SHORES VS
Bourbonnais
Income$81,708+23%
Home value$253,100+76%
Population17,658+3747%
SEE FULL COMPARISON →
Frequently asked

How many people live in Lakewood Shores, Illinois?

Lakewood Shores, Illinois has about 665 residents according to the 2020 American Community Survey.

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

The typical household in Lakewood Shores, Illinois earns about $66,417 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 $144,000, and the typical rent is about $1,339 a month.

How educated are people in Lakewood Shores, Illinois?

About 8.2% 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 22.6% 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 993 residents, a change of about -60 percent over that period.

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

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