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CITY

Lakewood

Wisconsin · 182 residents · 2.765 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 $48,750. Population has fallen 39% since 2023, a loss of 115 residents. Median home value is $221,900. With a median age of 60.3, the population is older than the US median of 38.9. Households here earn about 37% less than the Wisconsin median.

At a glance
Lower income
below the US median
US median: $82,259
Older
median age 60.3
US median: 38.9
Less educated
29% 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

Total population
182
−39%since 2023
from 297 in 2023
2010 – 2024
Population density
66 / sq mi
−39%since 2023
from 107 / sq mi in 2023
US average: 281
Median age
60.3
+9%since 2023
from 55.3 in 2023
US average: 38.9
Population, 2010 – 2024
162223284344405201020202024Lakewood
2024182
201020202024
Section 02

Income & economy

Median household income
$48,750
−27%inflation adjusted, since 2023
from $65,156 in 2023
US average: $82,259
2010 – 2024
Per capita income
$38,764
+12%since 2023
from $34,556 in 2023
US average: $44,673
Households earning $100K+
35.5%
−6.0 ptssince 2023
from 41.5% in 2023
US average: 53.3%
Poverty rate
7.1%
−5.0 ptssince 2023
from 12.2% in 2023
US average: 12.5%
Income inequality (Gini)
0.397
+18%since 2023
from 0.338 in 2023
US average: 0.476
Workforce by industry, 2024
Other services26.3%
US avg: 6.7%
Retail trade14.1%
US avg: 9.9%
Information14.1%
US avg: 10.8%
Wholesale trade13.1%
US avg: 6.9%
Finance & insurance3%
US avg: 5.9%
Professional, scientific, technical3%
US avg: 5.1%
Public administration3%
US avg: 4.8%
Agriculture, forestry, fishing2%
US avg: 1.6%
Construction2%
US avg: 1.2%
Transportation & warehousing2%
US avg: 2.2%
Manufacturing0%
US avg: 0.4%
Education & health services0%
US avg: 0.9%
Arts, entertainment, food0%
US avg: 1.9%
BARS: THIS PLACE · TICKS: US AVERAGE
Section 03

Housing

Median home value
$221,900
+15%inflation adjusted, since 2023
from $187,500 in 2023
US average: $376,019
2010 – 2024
Owner-occupied
94.6%
+5.7 ptssince 2023
from 88.9% in 2023
5.4% rent
Vacancy rate
55.7%
+10.4 ptssince 2023
from 45.3% in 2023
US average: 10.0%
Owner cost-burdened
19.3%
+0.2 ptssince 2023
from 19.2% in 2023
US average: 22.9%
Renter cost-burdened
60.0%
Unchangedsince 2023
from 60.0% in 2023
US average: 47.4%
Afford Score
4.6
+58%since 2023
from 2.9 in 2023
2010 – 2024
Gentrification Score
42
RELATED:See current rent listings in Lakewood on RentDataNow
Section 04

Race & ethnicity

2023
White, non-Hispanic83.5%(248)
Black0%(0)
Hispanic / Latino12.8%(38)
Asian0%(0)
Other3.7%(11)
Diversity Score35.6%(106)
2024
White, non-Hispanic94%(171)
Black0%(0)
Hispanic / Latino0%(0)
Asian1.6%(3)
Other4.4%(8)
Diversity Score14.4%(26)
Diversity Score
14
−60%since 2023
from 36 in 2023
2010 – 2024
Section 05

Education

Bachelor's degree or higher
28.6%
+2.5 ptssince 2023
from 26.1% in 2023
US average: 35.6%
High school or higher
94.3%
+3.0 ptssince 2023
from 91.3% in 2023
US average: 89.6%
Graduate degree
2.9%
−1.1 ptssince 2023
from 4.0% in 2023
US average: 14.0%
Section 06

Commute & transportation

Average commute
15.1 min
+14%since 2023
from 13.3 min in 2023
US average: 26.5
Drive alone to work
86.9%
+18.4 ptssince 2023
from 68.5% in 2023
US average: 68.9%
Carpooled to work
3.0%
+1.0 ptssince 2023
from 2.0% in 2023
US average: 8.5%
Public transit
0.0%
Unchangedsince 2023
from 0.0% in 2023
US average: 3.2%
Worked from home
7.1%
−22.5 ptssince 2023
from 29.5% in 2023
US average: 15.0%
Walked to work
0.0%
Unchangedsince 2023
from 0.0% in 2023
US average: 2.4%
Biked to work
0.0%
Unchangedsince 2023
from 0.0% in 2023
US average: 0.4%
No vehicle available
0.0%
Unchangedsince 2023
from 0.0% in 2023
US average: 8.3%
Section 07

Work & employment

Unemployment rate
6.6%
−4.7 ptssince 2023
from 11.3% in 2023
US average: 5.2%
Labor force participation
60.6%
−3.8 ptssince 2023
from 64.4% in 2023
US average: 63.5%
Self-employed
2.0%
−3.3 ptssince 2023
from 5.4% in 2023
US average: 13.1%
Management & professional
17.2%
+1.7 ptssince 2023
from 15.4% in 2023
US average: 42.5%
Section 08

People & community

Male
57.7%
+8.9 ptssince 2023
from 48.8% in 2023
Female
42.3%
−8.9 ptssince 2023
from 51.2% in 2023
Foreign born
1.6%
+0.6 ptssince 2023
from 1.0% in 2023
US average: 14.1%
Veterans
10.3%
+3.8 ptssince 2023
from 6.5% in 2023
US average: 6.2%
With a disability
20.9%
+2.7 ptssince 2023
from 18.2% in 2023
US average: 13.3%
Uninsured
8.8%
+4.8 ptssince 2023
from 4.0% in 2023
US average: 8.4%
Broadband at home
95.7%
+8.3 ptssince 2023
from 87.4% in 2023
US average: 91.0%
English only at home
100.0%
Unchangedsince 2023
from 100.0% in 2023
US average: 77.7%
Spanish at home
0.0%
Unchangedsince 2023
from 0.0% in 2023
US average: 13.6%
Drill deeper

Places similar to Lakewood

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Pop 192
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Pop 205
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LAKEWOOD VS
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LAKEWOOD VS
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LAKEWOOD VS
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Frequently asked

How many people live in Lakewood, Wisconsin?

Lakewood, Wisconsin has about 182 residents according to the 2024 American Community Survey.

What is the median household income in Lakewood, Wisconsin?

The typical household in Lakewood, Wisconsin earns about $48,750 a year. Half of households make more than that, and half make less.

Is Lakewood, Wisconsin expensive?

In Lakewood, Wisconsin, the median home is worth about $221,900.

How educated are people in Lakewood, Wisconsin?

About 28.6% of adults age 25 and over in Lakewood, Wisconsin hold a bachelor's degree or higher.

What is the poverty rate in Lakewood, Wisconsin?

About 7.1% of people in Lakewood, Wisconsin 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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