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CITY

Lakewood

Indiana · 568 residents · 0.282 sq mi
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The short version

Lakewood is significantly wealthier than the US average, with a median household income of $123,618. Population has held roughly steady since 2023. Median home value is $278,200. Poverty is rare here, at 0.0% of residents. It ranks in the top 5% of US cities for household income. Households here earn about 72% more than the Indiana median.

At a glance
Wealthier
above the US median
US median: $82,259
Mid-age
median age 37.5
US median: 38.9
More educated
43% 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

568
+7%since 2023
from 530 in 2023
2022 – 2024
2,014 / sq mi
+7%since 2023
from 1,879 / sq mi in 2023
US average: 281
37.5
−23%since 2023
from 48.5 in 2023
US average: 38.9
Population, 20222024
50857463970477020222024Lakewood
2024568
20222024
Section 02

Income & economy

$123,618
+12%inflation adjusted, since 2023
from $107,574 in 2023
US average: $82,259
2022 – 2024
$37,974
−21%since 2023
from $48,025 in 2023
US average: $44,673
Households earning $100K+
82.2%
−0.6 ptssince 2023
from 82.8% in 2023
US average: 53.3%
0.0%
Unchangedsince 2023
from 0.0% in 2023
US average: 12.5%
0.174
−16%since 2023
from 0.207 in 2023
US average: 0.476
Workforce by industry, 2024
Retail trade23.8%
US avg: 9.9%
Wholesale trade17.2%
US avg: 6.9%
Information11.1%
US avg: 10.8%
Finance & insurance11.1%
US avg: 5.9%
Education & health services11.1%
US avg: 0.9%
Agriculture, forestry, fishing0%
US avg: 1.6%
Construction0%
US avg: 1.2%
Manufacturing0%
US avg: 0.4%
Transportation & warehousing0%
US avg: 2.2%
Professional, scientific, technical0%
US avg: 5.1%
Arts, entertainment, food0%
US avg: 1.9%
Other services0%
US avg: 6.7%
Public administration0%
US avg: 4.8%
BARS: THIS PLACE · TICKS: US AVERAGE
Section 03

Housing

$278,200
Unchangedinflation adjusted, since 2023
from $269,400 in 2023
US average: $376,019
2022 – 2024
100.0%
Unchangedsince 2023
from 100.0% in 2023
0.0% rent
0.0%
Unchangedsince 2023
from 0.0% in 2023
US average: 10.0%
5.8%
+0.3 ptssince 2023
from 5.4% in 2023
US average: 22.9%
2.3
−10%since 2023
from 2.5 in 2023
2022 – 2024
RELATED:See current rent listings in Lakewood on RentDataNow
Section 04

Race & ethnicity

2023
White, non-Hispanic100%(530)
Black0%(0)
Hispanic / Latino0%(0)
Asian0%(0)
Other0%(0)
Diversity Score0%(0)
2024
White, non-Hispanic100%(568)
Black0%(0)
Hispanic / Latino0%(0)
Asian0%(0)
Other0%(0)
Diversity Score0%(0)
0
from 0 in 2023
2022 – 2024
Section 05

Education

43.3%
−4.4 ptssince 2023
from 47.7% in 2023
US average: 35.6%
High school or higher
100.0%
Unchangedsince 2023
from 100.0% in 2023
US average: 89.6%
17.2%
−7.1 ptssince 2023
from 24.3% in 2023
US average: 14.0%
Section 06

Commute & transportation

24.5 min
+21%since 2023
from 20.2 min in 2023
US average: 26.5
86.5%
+19.5 ptssince 2023
from 67.0% in 2023
US average: 68.9%
0.0%
−15.2 ptssince 2023
from 15.2% in 2023
US average: 8.5%
0.0%
Unchangedsince 2023
from 0.0% in 2023
US average: 3.2%
13.5%
−4.3 ptssince 2023
from 17.9% in 2023
US average: 15.0%
0.0%
Unchangedsince 2023
from 0.0% in 2023
US average: 2.4%
0.0%
Unchangedsince 2023
from 0.0% in 2023
US average: 0.4%
0.0%
−7.7 ptssince 2023
from 7.7% in 2023
US average: 8.3%
Section 07

Work & employment

7.2%
−2.1 ptssince 2023
from 9.3% in 2023
US average: 5.2%
66.6%
+9.4 ptssince 2023
from 57.2% in 2023
US average: 63.5%
12.7%
+6.9 ptssince 2023
from 5.8% in 2023
US average: 13.1%
54.9%
+16.1 ptssince 2023
from 38.8% in 2023
US average: 42.5%
Section 08

People & community

50.0%
+2.8 ptssince 2023
from 47.2% in 2023
50.0%
−2.8 ptssince 2023
from 52.8% in 2023
0.0%
Unchangedsince 2023
from 0.0% in 2023
US average: 14.1%
6.0%
+1.1 ptssince 2023
from 4.9% in 2023
US average: 6.2%
0.0%
−6.5 ptssince 2023
from 6.5% in 2023
US average: 13.3%
0.0%
Unchangedsince 2023
from 0.0% in 2023
US average: 8.4%
100.0%
Unchangedsince 2023
from 100.0% in 2023
US average: 91.0%
100.0%
Unchangedsince 2023
from 100.0% in 2023
US average: 77.7%
0.0%
Unchangedsince 2023
from 0.0% in 2023
US average: 13.6%
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Frequently asked

How many people live in Lakewood, Indiana?

Lakewood, Indiana has about 568 residents according to the 2024 American Community Survey.

What is the median household income in Lakewood, Indiana?

The typical household in Lakewood, Indiana earns about $123,618 a year. Half of households make more than that, and half make less.

Is Lakewood, Indiana expensive?

In Lakewood, Indiana, the median home is worth about $278,200.

How educated are people in Lakewood, Indiana?

About 43.3% of adults age 25 and over in Lakewood, Indiana hold a bachelor's degree or higher.

What is the poverty rate in Lakewood, Indiana?

About 0.0% of people in Lakewood, Indiana live below the federal poverty line.

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

How we source and harmonize this data →