At a Glance
Median Income
$185,774
$75,240 per capita
Home Value
$518,500
Zillow: $206,195
Violent Crime
47/100K
258/100K property
Bachelor's Degree+
60.6%
98.3% high school+
Unemployment
1.2%
2.0% poverty rate
Obesity Rate
39.0%
10.2% smoking rate
How Lakewood Compares to the U.S. Average
Each bar shows Lakewood's value as a percentage of the national average (100% = U.S. avg)
Thin vertical line = U.S. national average (100%)
Is Lakewood a Good Place to Live?
A
4.0 / 5.0 - Great
Based on economy, affordability, safety, and education metrics compared to national averages.
Economy & Jobs
Lakewood residents earn a median household income of $185,774 , which is 147% above the national average of $75,149.
Per capita income is $75,240. The unemployment rate stands at 1.2% (67% below the U.S. rate of 3.6%). 2.0% of residents live below the poverty line. The area is home to 7,928 business establishments, including 645 restaurants.
Housing & Cost of Living
The median home value in Lakewood is $518,500 , 84% above the national median of $281,900.
Zillow estimates the typical home at $206,195. The cost of living index is 100.0 (100 = national average). The median home was built in 1999.
Safety & Crime
Lakewood reports 47 violent crimes per 100,000 residents
, which is 88% below the national average of 380/100K.
Property crime is 258/100K.
Education
60.6% of adults in Lakewood hold a bachelor's degree or higher
(80% above the national average).
98.3% have completed high school. Local schools score 6.2/10 in standardized testing.
Climate & Weather
Lakewood has an average annual temperature of 49°F (10°C).
Winters average 23°F in January while summers reach 73°F in July. Annual precipitation totals 39.3 inches. Air quality is rated Good with a median AQI of 43.
Data Overview
People
Population4,699
Median Age40.2 yrs
Density4/mi²
Male / Female51% / 49%
Foreign Born12.1%
Veterans5.4%
Economy
A+
Median Income$185,774
Per Capita$75,240
Unemployment1.2%
Poverty2.0%
County GDP$15,983M
Avg Weekly Wage$1,060
Housing
A+
Home Value$518,500
Rent
Ownership97.6%
Zillow$206,195
Housing Units1,576
Rent Burden30.3%
Crime
F
Violent47/100K
Property258/100K
Health
Obesity39.0%
Diabetes10.1%
Smoking10.2%
Heart Disease6.0%
Premature Death5,730/100K
Climate
Avg Temp49°F
Rain39.3 in/yr
AQI43 (Good)
Elevation919 ft
Education
A+
Bachelor's+60.6%
High School+98.3%
Graduate+27.2%
School Score6.2/10
Community
2024 VoteR 52% / D 47%
Commute28 min
Broadband98.4%
Internet Speed124 Mbps
EV Stations7
Libraries13
Did You Know?
The median home in Lakewood was built in 1999.
24.5% work from home.
The nearest airport is Chicago O'Hare International (30 miles).
The Gini coefficient (income inequality) is 0.411 (U.S. avg: 0.490).
Natural hazard risk is rated "Relatively Moderate" by FEMA.
7.7% of the population has a disability.
12.1% of residents are foreign-born.
Average internet download speed is 124 Mbps.
There are 645 restaurants in the area.
The county recorded 18 fatal vehicle crashes.