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CITY

Lakewood

South Carolina · 3,544 residents · 7.533 sq mi
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The short version

Lakewood has notably lower household income than the US average, with a median household income of $56,500. Population has grown 36% since 2000. 17% of adults hold a bachelor's degree or higher, below the national rate of 36%. Median home value has more than tripled since 2000, reaching $294,200.

At a glance
Lower income
below the US median
US median: $82,259
Older
median age 43.0
US median: 38.9
Less educated
17% hold a bachelor's degree
US average: 36%
Less affordable
home values up 247%, inflation adjusted
US median home: $376,019
Section 01

Population & growth

Total population
3,544
+36%since 2000
from 2,603 in 2000
2000 – 2024
Population density
470 / sq mi
+36%since 2000
from 346 / sq mi in 2000
US average: 281
Median age
43.0
+25%since 2000
from 34.4 in 2000
US average: 38.9
Population, 2000 – 2024
2K3K3K3K4K2000201020202024Lakewood
20244K
2000201020202024
Section 02

Income & economy

Median household income
$56,500
−12%inflation adjusted, since 2000
from $35,417 in 2000
US average: $82,259
2000 – 2024
Per capita income
$34,018
+116%since 2000
from $15,736 in 2000
US average: $44,673
Households earning $100K+
33.0%
+12.5 ptssince 2009
from 20.4% in 2009
US average: 53.3%
Poverty rate
8.2%
−3.8 ptssince 2000
from 12.0% in 2000
US average: 12.5%
Income inequality (Gini)
0.474
+5%since 2010
from 0.452 in 2010
US average: 0.476
Workforce by industry, 2024
Retail trade17.6%
US avg: 9.9%
Wholesale trade9.6%
US avg: 6.9%
Other services6%
US avg: 6.7%
Agriculture, forestry, fishing4.6%
US avg: 1.6%
Construction4.6%
US avg: 1.2%
Information3%
US avg: 10.8%
Arts, entertainment, food2.7%
US avg: 1.9%
Finance & insurance2.2%
US avg: 5.9%
Education & health services2.2%
US avg: 0.9%
Manufacturing0%
US avg: 0.4%
Transportation & warehousing0%
US avg: 2.2%
Professional, scientific, technical0%
US avg: 5.1%
Public administration0%
US avg: 4.8%
BARS: THIS PLACE · TICKS: US AVERAGE
Section 03

Housing

Median home value
$294,200
+247%inflation adjusted, since 2000
from $46,500 in 2000
US average: $376,019
2000 – 2024
Median gross rent
$939
−4%inflation adjusted, since 2000
from $537 in 2000
US average: $1,442
Owner-occupied
70.8%
−13.9 ptssince 2000
from 84.7% in 2000
29.2% rent
Vacancy rate
11.4%
+4.5 ptssince 2009
from 6.9% in 2009
US average: 10.0%
Owner cost-burdened
29.4%
+4.8 ptssince 2009
from 24.6% in 2009
US average: 22.9%
Renter cost-burdened
21.7%
+13.3 ptssince 2009
from 8.4% in 2009
US average: 47.4%
Afford Score
5.2
+297%since 2000
from 1.3 in 2000
2000 – 2024
Gentrification Score
46
RELATED:See current rent listings in Lakewood on RentDataNow
Section 04

Race & ethnicity

2000
White, non-Hispanic66%(1,717)
Black31.3%(816)
Hispanic / Latino1%(27)
Asian0.2%(5)
Other0%
Diversity Score56.3%(1,466)
2024
White, non-Hispanic48.6%(1,723)
Black35.2%(1,248)
Hispanic / Latino0%(0)
Asian0.3%(11)
Other15.9%(562)
Diversity Score76.8%(2,722)
Diversity Score
77
+36%since 2000
from 56 in 2000
2000 – 2024
Section 05

Education

Bachelor's degree or higher
17.0%
+5.5 ptssince 2000
from 11.5% in 2000
US average: 35.6%
High school or higher
89.4%
+25.2 ptssince 2000
from 64.2% in 2000
US average: 89.6%
Graduate degree
6.2%
+3.8 ptssince 2000
from 2.4% in 2000
US average: 14.0%
Section 06

Commute & transportation

Average commute
28.5 min
+86%since 2000
from 15.3 min in 2000
US average: 26.5
Drive alone to work
92.8%
+9.4 ptssince 2009
from 83.4% in 2009
US average: 68.9%
Carpooled to work
3.9%
−6.6 ptssince 2009
from 10.4% in 2009
US average: 8.5%
Public transit
0.0%
−0.7 ptssince 2009
from 0.7% in 2009
US average: 3.2%
Worked from home
3.3%
−0.7 ptssince 2009
from 4.0% 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%
−1.2 ptssince 2009
from 1.2% in 2009
US average: 0.4%
No vehicle available
1.4%
+0.7 ptssince 2009
from 0.7% in 2009
US average: 8.3%
Section 07

Work & employment

Unemployment rate
7.8%
+0.6 ptssince 2011
from 7.2% in 2011
US average: 5.2%
Labor force participation
63.9%
+3.1 ptssince 2011
from 60.8% in 2011
US average: 63.5%
Self-employed
7.4%
+0.7 ptssince 2009
from 6.6% in 2009
US average: 13.1%
Management & professional
24.0%
−26.4 ptssince 2009
from 50.4% in 2009
US average: 42.5%
Section 08

People & community

Male
43.3%
−9.8 ptssince 2009
from 53.1% in 2009
Female
56.7%
+9.8 ptssince 2009
from 46.9% in 2009
Foreign born
3.2%
−1.6 ptssince 2009
from 4.8% in 2009
US average: 14.1%
Veterans
13.0%
−33.8 ptssince 2009
from 46.8% in 2009
US average: 6.2%
With a disability
11.1%
+0.7 ptssince 2012
from 10.4% in 2012
US average: 13.3%
Uninsured
18.0%
−73.5 ptssince 2013
from 91.5% in 2013
US average: 8.4%
Broadband at home
80.8%
+17.0 ptssince 2017
from 63.8% in 2017
US average: 91.0%
English only at home
95.1%
−2.5 ptssince 2016
from 97.5% in 2016
US average: 77.7%
Spanish at home
0.0%
−2.0 ptssince 2016
from 2.0% in 2016
US average: 13.6%
Drill deeper

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Compare Lakewood to nearby cities

LAKEWOOD VS
Sumter
Income$55,592−2%
Home value$199,100−32%
Population43,094+1116%
SEE FULL COMPARISON →
LAKEWOOD VS
Lugoff
Income$69,485+23%
Home value$223,900−24%
Population9,786+176%
SEE FULL COMPARISON →
LAKEWOOD VS
Camden
Income$63,576+13%
Home value$265,300−10%
Population9,201+160%
SEE FULL COMPARISON →
LAKEWOOD VS
Columbia
Income$55,529−2%
Home value$264,300−10%
Population147,035+4049%
SEE FULL COMPARISON →
Frequently asked

How many people live in Lakewood, South Carolina?

Lakewood, South Carolina has about 3,544 residents according to the 2024 American Community Survey.

What is the median household income in Lakewood, South Carolina?

The typical household in Lakewood, South Carolina earns about $56,500 a year. Half of households make more than that, and half make less.

Is Lakewood, South Carolina expensive?

In Lakewood, South Carolina, the median home is worth about $294,200, and the typical rent is about $939 a month.

How educated are people in Lakewood, South Carolina?

About 17.0% of adults age 25 and over in Lakewood, South Carolina hold a bachelor's degree or higher.

What is the poverty rate in Lakewood, South Carolina?

About 8.2% of people in Lakewood, South Carolina live below the federal poverty line.

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

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