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CITY · 2010 ACS

Lakewood

Texas · 545 residents · 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 $74,345. The city has grown rapidly, with population up 59% since 2000. Median home value has risen by half since 2000, reaching $220,500. Households here earn about 50% more than the Texas median.

At a glance
Wealthier
above the US median
US median: $52,703
Older
median age 40.4
US median: 37.2
More educated
31% hold a bachelor's degree
US average: 28%
Less affordable
home values up 40%, inflation adjusted
US median home: $225,659
Section 01

Population & growth

Total population
545
+59%since 2000
from 342 in 2000
2000 – 2025
Population density
687 / sq mi
+59%since 2000
from 431 / sq mi in 2000
US average: 261
Median age
40.4
+5%since 2000
from 38.3 in 2000
US average: 37.2
Population, 2000 – 2024
2473945406868332000201020202024Lakewood
2024627
2000201020202024
Section 02

Income & economy

Median household income
$74,345
−12%inflation adjusted, since 2000
from $66,667 in 2000
US average: $52,703
2000 – 2024
Per capita income
$34,222
+49%since 2000
from $22,899 in 2000
US average: $27,286
Households earning $100K+
46.6%
−6.9 ptssince 2009
from 53.5% in 2009
US average: 33.3%
Poverty rate
11.5%
+9.8 ptssince 2000
from 1.6% in 2000
US average: 13.8%
Income inequality (Gini)
0.386
US average: 0.461
Workforce by industry, 2010
Retail trade18.8%
US avg: 10.9%
Information15%
US avg: 11.5%
Finance & insurance9.4%
US avg: 5.1%
Professional, scientific, technical9.4%
US avg: 4.2%
Other services8.5%
US avg: 7%
Transportation & warehousing4.7%
US avg: 3.1%
Public administration3.8%
US avg: 4.9%
Wholesale trade3.3%
US avg: 7.2%
Agriculture, forestry, fishing0.9%
US avg: 1.9%
Manufacturing0.9%
US avg: 0.5%
Construction0%
US avg: 1.4%
Education & health services0%
US avg: 0.9%
Arts, entertainment, food0%
US avg: 2.4%
BARS: THIS PLACE · TICKS: US AVERAGE
Section 03

Housing

Median home value
$220,500
+40%inflation adjusted, since 2000
from $124,500 in 2000
US average: $225,659
2000 – 2024
Median gross rent
$1,654
+80%inflation adjusted, since 2000
from $725 in 2000
US average: $853
Owner-occupied
78.4%
−14.8 ptssince 2000
from 93.2% in 2000
8.0% rent
Vacancy rate
7.9%
−0.2 ptssince 2009
from 8.1% in 2009
US average: 12.1%
Owner cost-burdened
34.5%
+8.8 ptssince 2009
from 25.7% in 2009
US average: 30.9%
Renter cost-burdened
72.2%
+12.2 ptssince 2009
from 60.0% in 2009
US average: 46.8%
Afford Score
3.0
+59%since 2000
from 1.9 in 2000
2000 – 2024
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)
2010
White, non-Hispanic83.3%(454)
Black0.7%(4)
Hispanic / Latino10.3%(56)
Asian3.3%(18)
Other5.3%(29)
Diversity Score41.4%(226)
Diversity Score
41
+169%since 2000
from 15 in 2000
2000 – 2024
Section 05

Education

Bachelor's degree or higher
30.8%
+8.6 ptssince 2000
from 22.2% in 2000
US average: 27.9%
High school or higher
93.2%
+0.5 ptssince 2000
from 92.7% in 2000
US average: 84.9%
Graduate degree
12.9%
+3.1 ptssince 2000
from 9.8% in 2000
US average: 10.2%
Section 06

Commute & transportation

Average commute
39.2 min
+1%since 2000
from 38.8 min in 2000
US average: 25.2
Drive alone to work
83.3%
−3.4 ptssince 2009
from 86.7% in 2009
US average: 76.2%
Carpooled to work
3.8%
+1.8 ptssince 2009
from 2.0% in 2009
US average: 10.4%
Public transit
0.0%
Unchangedsince 2009
from 0.0% in 2009
US average: 4.7%
Worked from home
12.0%
+2.6 ptssince 2009
from 9.3% in 2009
US average: 4.1%
Walked to work
0.0%
Unchangedsince 2009
from 0.0% in 2009
US average: 2.8%
Biked to work
0.0%
Unchangedsince 2009
from 0.0% in 2009
US average: 0.5%
No vehicle available
2.5%
−1.9 ptssince 2009
from 4.4% in 2009
US average: 8.7%
Section 07

Work & employment

Self-employed
1.9%
−1.4 ptssince 2009
from 3.2% in 2009
US average: 12.9%
Management & professional
45.5%
−15.5 ptssince 2009
from 61.0% in 2009
US average: 35.2%
Section 08

People & community

Male
51.3%
−0.4 ptssince 2009
from 51.7% in 2009
Female
48.7%
+0.4 ptssince 2009
from 48.3% in 2009
Foreign born
5.3%
−2.1 ptssince 2009
from 7.4% in 2009
US average: 12.8%
Veterans
17.6%
−34.0 ptssince 2009
from 51.6% in 2009
US average: 9.9%
Drill deeper

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Head to head

Compare Lakewood to nearby cities

LAKEWOOD VS
Little Elm
Income$119,219+60%
Home value$420,700+91%
Population62,727+7721%
SEE FULL COMPARISON →
LAKEWOOD VS
The Colony
Income$114,511+54%
Home value$383,900+74%
Population46,196+5660%
SEE FULL COMPARISON →
LAKEWOOD VS
Corinth
Income$120,580+62%
Home value$375,600+70%
Population25,297+3054%
SEE FULL COMPARISON →
LAKEWOOD VS
Paloma Creek South
Income$121,747+64%
Home value$364,900+65%
Population8,860+1005%
SEE FULL COMPARISON →
Frequently asked

How many people live in Lakewood, Texas?

Lakewood, Texas has about 545 residents according to the 2010 American Community Survey.

What is the median household income in Lakewood, Texas?

The typical household in Lakewood, Texas earns about $74,345 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 $220,500, and the typical rent is about $1,654 a month.

How educated are people in Lakewood, Texas?

About 30.8% 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 11.5% 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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