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CITY

Lakewood

Texas · 802 residents (2025 est.) · 0.793 sq mi
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The short version

Lakewood is significantly wealthier than the US average, with a median household income of $152,000. The city has grown rapidly, with population up 83% since 2000. Median home value has more than tripled since 2000, reaching $522,200. With a median age of 53.2, the population is older than the US median of 38.9. Poverty is rare here, at 5.1% of residents. It ranks in the top 5% of US cities for household income.

At a glance
Wealthier
above the US median
US median: $82,259
Older
median age 53.2
US median: 38.9
Average education
39% hold a bachelor's degree
US average: 36%
Less affordable
home values up 130%, inflation adjusted
US median home: $376,019
Section 01

Population & growth

Total population
627
+83%since 2000
from 342 in 2000
2000 – 2025
Population density
791 / sq mi
+83%since 2000
from 431 / sq mi in 2000
US average: 281
Median age
53.2
+39%since 2000
from 38.3 in 2000
US average: 38.9

PEP 2025 EST:802 residents (Census Bureau Vintage 2025, released March 2026)

Population, 2000 – 2024
2473945406868332000201020202024Lakewood
2024627
2000201020202024
Section 02

Income & economy

Median household income
$152,000
+25%inflation adjusted, since 2000
from $66,667 in 2000
US average: $82,259
2000 – 2024
Per capita income
$91,368
+299%since 2000
from $22,899 in 2000
US average: $44,673
Households earning $100K+
79.8%
+26.2 ptssince 2009
from 53.5% in 2009
US average: 53.3%
Poverty rate
5.1%
+3.5 ptssince 2000
from 1.6% in 2000
US average: 12.5%
Income inequality (Gini)
0.494
+28%since 2010
from 0.386 in 2010
US average: 0.476
Workforce by industry, 2024
Retail trade18.5%
US avg: 9.9%
Information13%
US avg: 10.8%
Other services12.2%
US avg: 6.7%
Public administration11.6%
US avg: 4.8%
Wholesale trade9.9%
US avg: 6.9%
Finance & insurance3.3%
US avg: 5.9%
Professional, scientific, technical3.3%
US avg: 5.1%
Arts, entertainment, food3%
US avg: 1.9%
Transportation & warehousing1.7%
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%
BARS: THIS PLACE · TICKS: US AVERAGE
Section 03

Housing

Median home value
$522,200
+130%inflation adjusted, since 2000
from $124,500 in 2000
US average: $376,019
2000 – 2024
Owner-occupied
97.9%
+4.8 ptssince 2000
from 93.2% in 2000
2.1% rent
Vacancy rate
4.3%
−3.7 ptssince 2009
from 8.1% in 2009
US average: 10.0%
Owner cost-burdened
14.3%
−11.3 ptssince 2009
from 25.7% in 2009
US average: 22.9%
Renter cost-burdened
0.0%
−60.0 ptssince 2009
from 60.0% in 2009
US average: 47.4%
Afford Score
3.4
+84%since 2000
from 1.9 in 2000
2000 – 2024
Gentrification Score
80
RELATED:See current rent listings in Lakewood on RentDataNow
Section 04

Race & ethnicity

2000
White, non-Hispanic93%(318)
Black2.3%(8)
Hispanic / Latino4.1%(14)
Asian0%(0)
Other0%
Diversity Score15.4%(53)
2024
White, non-Hispanic67.5%(423)
Black1%(6)
Hispanic / Latino21.5%(135)
Asian8.8%(55)
Other1.3%(8)
Diversity Score61.3%(384)
Diversity Score
61
+299%since 2000
from 15 in 2000
2000 – 2024
Section 05

Education

Bachelor's degree or higher
38.7%
+16.4 ptssince 2000
from 22.2% in 2000
US average: 35.6%
High school or higher
97.1%
+4.4 ptssince 2000
from 92.7% in 2000
US average: 89.6%
Graduate degree
13.9%
+4.1 ptssince 2000
from 9.8% in 2000
US average: 14.0%
Section 06

Commute & transportation

Average commute
33.3 min
−14%since 2000
from 38.8 min in 2000
US average: 26.5
Drive alone to work
69.7%
−17.0 ptssince 2009
from 86.7% in 2009
US average: 68.9%
Carpooled to work
2.3%
+0.3 ptssince 2009
from 2.0% in 2009
US average: 8.5%
Public transit
0.0%
Unchangedsince 2009
from 0.0% in 2009
US average: 3.2%
Worked from home
26.6%
+17.2 ptssince 2009
from 9.3% 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
2.5%
−1.9 ptssince 2009
from 4.4% in 2009
US average: 8.3%
Section 07

Work & employment

Unemployment rate
2.2%
−8.2 ptssince 2011
from 10.4% in 2011
US average: 5.2%
Labor force participation
70.1%
+4.6 ptssince 2011
from 65.5% in 2011
US average: 63.5%
Self-employed
19.1%
+15.8 ptssince 2009
from 3.2% in 2009
US average: 13.1%
Management & professional
50.6%
−10.5 ptssince 2009
from 61.0% in 2009
US average: 42.5%
Section 08

People & community

Male
54.7%
+3.0 ptssince 2009
from 51.7% in 2009
Female
45.3%
−3.0 ptssince 2009
from 48.3% in 2009
Foreign born
7.2%
−0.3 ptssince 2009
from 7.4% in 2009
US average: 14.1%
Veterans
7.0%
−44.6 ptssince 2009
from 51.6% in 2009
US average: 6.2%
With a disability
6.7%
+0.6 ptssince 2012
from 6.1% in 2012
US average: 13.3%
Uninsured
7.2%
−85.2 ptssince 2013
from 92.4% in 2013
US average: 8.4%
Broadband at home
97.5%
+4.6 ptssince 2017
from 92.9% in 2017
US average: 91.0%
English only at home
91.2%
−3.9 ptssince 2016
from 95.1% in 2016
US average: 77.7%
Spanish at home
1.3%
−3.3 ptssince 2016
from 4.6% in 2016
US average: 13.6%
Drill deeper

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Compare Lakewood to nearby cities

LAKEWOOD VS
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Income$119,219−22%
Home value$420,700−19%
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LAKEWOOD VS
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Income$114,511−25%
Home value$383,900−26%
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LAKEWOOD VS
Corinth
Income$120,580−21%
Home value$375,600−28%
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LAKEWOOD VS
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Income$121,747−20%
Home value$364,900−30%
Population8,860+1005%
SEE FULL COMPARISON →
Frequently asked

How many people live in Lakewood, Texas?

Lakewood, Texas has about 627 residents according to the 2024 American Community Survey.

What is the median household income in Lakewood, Texas?

The typical household in Lakewood, Texas earns about $152,000 a year. Half of households make more than that, and half make less.

Is Lakewood, Texas expensive?

In Lakewood, Texas, the median home is worth about $522,200.

How educated are people in Lakewood, Texas?

About 38.7% of adults age 25 and over in Lakewood, Texas hold a bachelor's degree or higher.

What is the poverty rate in Lakewood, Texas?

About 5.1% of people in Lakewood, Texas 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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