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CITY · 2020 ACS

Lakewood

Wisconsin · 241 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 $43,125. Population has fallen 37% since 2019, a loss of 144 residents. Median home value is $123,500. With a median age of 61.8, the population is older than the US median of 38.8. Households here earn about 32% less than the Wisconsin median.

At a glance
Lower income
below the US median
US median: $66,278
Older
median age 61.8
US median: 38.8
Less educated
26% hold a bachelor's degree
US average: 33%
More affordable
home values down 9%, inflation adjusted
US median home: $265,253
Section 01

Population & growth

Total population
241
−37%since 2019
from 385 in 2019
2010 – 2024
Population density
87 / sq mi
−37%since 2019
from 139 / sq mi in 2019
US average: 280
Median age
61.8
+17%since 2019
from 52.6 in 2019
US average: 38.8
Population, 2010 – 2024
162223284344405201020202024Lakewood
2024182
201020202024
Section 02

Income & economy

Median household income
$43,125
+1%inflation adjusted, since 2019
from $42,279 in 2019
US average: $66,278
2010 – 2024
Per capita income
$25,754
Unchangedsince 2019
from $25,753 in 2019
US average: $35,364
Households earning $100K+
25.3%
+1.5 ptssince 2019
from 23.8% in 2019
US average: 43.9%
Poverty rate
8.6%
−0.4 ptssince 2019
from 9.0% in 2019
US average: 12.8%
Workforce by industry, 2020
Information20.1%
US avg: 11.1%
Retail trade15.7%
US avg: 10%
Other services13.2%
US avg: 6.6%
Agriculture, forestry, fishing3.1%
US avg: 1.7%
Construction3.1%
US avg: 1.2%
Wholesale trade2.5%
US avg: 6.7%
Manufacturing0%
US avg: 0.5%
Transportation & warehousing0%
US avg: 2.5%
Finance & insurance0%
US avg: 5.5%
Professional, scientific, technical0%
US avg: 4.7%
Education & health services0%
US avg: 0.8%
Arts, entertainment, food0%
US avg: 2%
Public administration0%
US avg: 4.7%
BARS: THIS PLACE · TICKS: US AVERAGE
Section 03

Housing

Median home value
$123,500
−9%inflation adjusted, since 2019
from $134,600 in 2019
US average: $265,253
2010 – 2024
Median gross rent
$773
+1%inflation adjusted, since 2019
from $753 in 2019
US average: $1,124
Owner-occupied
75.5%
+7.1 ptssince 2019
from 68.4% in 2019
24.5% rent
Afford Score
2.9
−10%since 2019
from 3.2 in 2019
2010 – 2024
RELATED:See current rent listings in Lakewood on RentDataNow
Section 04

Race & ethnicity

2019
White, non-Hispanic93.5%(360)
Black0%(0)
Hispanic / Latino3.9%(15)
Asian0%(0)
Other2.6%(10)
Diversity Score15.4%(59)
2020
White, non-Hispanic96.7%(233)
Black0%(0)
Hispanic / Latino1.2%(3)
Asian0%(0)
Other1.7%(4)
Diversity Score7.2%(17)
Diversity Score
7
−53%since 2019
from 15 in 2019
2010 – 2024
Section 05

Education

Bachelor's degree or higher
26.3%
−3.5 ptssince 2019
from 29.9% in 2019
US average: 32.9%
High school or higher
87.9%
+0.7 ptssince 2019
from 87.2% in 2019
US average: 88.5%
Graduate degree
2.1%
−4.1 ptssince 2019
from 6.3% in 2019
US average: 12.7%
Section 06

Commute & transportation

Average commute
16.2 min
+2%since 2019
from 15.8 min in 2019
US average: 26.9
Drive alone to work
75.5%
+5.3 ptssince 2019
from 70.2% in 2019
US average: 75.1%
No vehicle available
1.2%
−0.4 ptssince 2019
from 1.6% in 2019
US average: 8.4%
Section 07

Work & employment

Unemployment rate
14.5%
+4.0 ptssince 2019
from 10.6% in 2019
US average: 5.4%
Labor force participation
58.9%
+5.4 ptssince 2019
from 53.4% in 2019
US average: 63.4%
Management & professional
27.0%
−2.8 ptssince 2019
from 29.8% in 2019
US average: 39.3%
Section 08

People & community

Male
50.6%
+0.2 ptssince 2019
from 50.4% in 2019
Female
49.4%
−0.2 ptssince 2019
from 49.6% in 2019
Foreign born
2.0%
−0.9 ptssince 2019
from 2.9% in 2019
US average: 13.5%
Uninsured
3.1%
+2.1 ptssince 2019
from 1.0% in 2019
US average: 8.8%
Drill deeper

Places similar to Lakewood

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Pop 192
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Pop 200
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Pop 177
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Pop 205
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Frequently asked

How many people live in Lakewood, Wisconsin?

Lakewood, Wisconsin has about 241 residents according to the 2020 American Community Survey.

What is the median household income in Lakewood, Wisconsin?

The typical household in Lakewood, Wisconsin earns about $43,125 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 $123,500, and the typical rent is about $773 a month.

How educated are people in Lakewood, Wisconsin?

About 26.3% 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 8.6% 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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