Median Income
$107,574
43% higher than US avg
Home Value
$269,400
4% lower than US avg
Violent Crime
324/100K
15% lower than US avg
Bachelor's+
47.7%
42% higher than US avg
Obesity Rate
40.2%
25% higher than US avg
Unemployment
5.3%
47% higher than US avg
Poverty Rate
0.0%
100% lower than US avg
How Lakewood Compares to the U.S. Average (100% = U.S. avg)
People
Population530
Median Age48.5 yrs
Density1,893/mi²
Male / Female47% / 53%
Largest GroupWhite 100%
Veterans4.9%
Economy
A+
Median Income$107,574
Per Capita$48,025
Unemployment5.3%
Poverty0.0%
County GDP$6,571M
Commute20 min
Housing
A+
Home Value$269,400
Ownership100.0%
Zillow$229,589
Housing Units298
Rent Burden32.8%
Crime
F
Violent324/100K
Property4,931/100K
Health
Obesity40.2%
Smoking16.5%
Depression27.7%
Heart Disease5.7%
Climate
Avg Temp54°F (12°C)
AQI41 (Good)
Rain41.8 in/yr
Sunny Days293/yr
Elevation566 ft (173 m)
Education
A+
Bachelor's+47.7%
High School+100.0%
Graduate+18.8%
School Score5.86
Community
2024 VoteR 58% / D 40%
Commute20 min
Broadband100.0%
EV Stations16
Libraries2
Is Lakewood a Good Place to Live?
Based on current data, Lakewood receives an overall livability score of 3.8 out of 5.0, earning a grade of B+. Key strengths include above-average household incomes, a highly educated population, abundant sunshine, a low poverty rate. Areas to be aware of include above-average unemployment, high obesity rates. Lakewood offers a solid quality of life with a good balance of affordability, safety, and opportunity.
Economy & Jobs
The median household income in Lakewood is $107,574, which is significantly higher than the national average / 43% above $75,149. This places Lakewood among higher-income communities. The unemployment rate of 5.3% is somewhat elevated compared to the national rate of 3.6%. Only 0.0% of residents live below the poverty line, well below the national rate of 12.4%. Workers commute an average of 20 minutes.
Cost of Living & Housing
The median home value in Lakewood is $269,400, roughly aligned with the national median of $281,900. At just 2.5x median income, home prices are very affordable relative to local earnings.
Safety & Crime
Violent crime in Lakewood is below the national average at 324 per 100,000 residents (U.S. avg: 380). Property crime occurs at a rate of 4,931 per 100,000, 152% above the national average.
Education
Educational attainment is solid, with 47.7% holding a bachelor's degree or higher, near the national average. 100.0% have completed high school. Area schools have an average test score of 5.9/10.
Climate & Weather
Lakewood experiences four distinct seasons with an average temperature of 54°F. Winters average 29°F in January while summers reach 76°F in July. With 293 sunny days per year, residents enjoy well above the national average of sunshine. Annual precipitation totals 41.8 inches. Air quality is rated Good with a median AQI of 41.
Lakewood has a population of 530 with a density of 1,893 people per square mile, spread across 0.3 square miles. The median age is 48.5 years, 25% older than the national median of 38.9. The gender split is 52.8% female and 47.2% male. The city is predominantly White (100%). English is the primary language spoken at home by 100% of residents. 4.9% of the population are veterans. 6.5% of residents have a disability (below the 13.0% national average). 100.0% have health insurance coverage.
Population
48.5yrs
Median Age
25% above US avg
Language Spoken at Home
English Only
100.0%
27% above US avg
Spanish
0.0%
100% below US avg
The median household income in Lakewood is $107,574, which is 43% above the national average of $75,149. Per capita income is $48,025 (above the $39,052 national figure). The average weekly wage is $1,022, 29% lower than the U.S. average. The unemployment rate is 5.3% (above the 3.6% US average). 0.0% of residents live below the poverty line, lower than the national rate of 12.4%. The area has 2,526 business establishments, including 281 restaurants. The cost of living index is 93.3, below the national baseline of 100 / offering relatively affordable living. Workers commute an average of 20 minutes (shorter than the 28-minute US average). 17.9% of workers work from home.
Income
| Median HH Income | $107,574 |
| 43% above US avg |
| Per Capita Income | $48,025 |
| Avg Weekly Wage | $1,022 |
| IRS Avg AGI | $68,303 |
| Gini Index | 0.474 (0=equal, 1=unequal) |
Employment & Poverty
| Unemployment | 5.3% |
| 47% above US avg |
| Poverty Rate | 0.0% |
| 100% below US avg |
| Establishments (County) | 2,526 |
| County GDP | $6,571M |
Business (County)
| Restaurants | 281 |
| Healthcare | 393 |
| Retail | 394 |
| Manufacturing | 105 |
Tax & Cost of Living
| Property Tax (IRS) | $3,631 |
| 4% above US avg |
| Cost of Living | 93.30 (100=avg) |
| Effective Tax Rate | 1.35% |
Commute & Transportation
| Commute Time | 20.2 min |
| Drive Alone | 67.0% |
| Public Transit | 0.0% |
| Work from Home | 17.9% |
The median home value in Lakewood is $269,400, 4% below the national median of $281,900. Zillow estimates the typical home value at $229,589, lower than the Census estimate. Fair market rent ranges from $882 for a one-bedroom to $1,096 for a two-bedroom apartment. 100.0% of housing units are owner-occupied (above the 65.4% national rate). There are 298 total housing units in the city. The median year a home was built is 1978. The average annual property tax is $3,631. 32.8% of renters spend 30% or more of their income on housing. The home price-to-income ratio is 2.5x, well within the affordable range.
Home Values
| Census Median | $269,400 |
| 4% below US avg |
| Zillow ZHVI | $229,589 |
Real Estate Market (Redfin)
Rental Costs
HUD Fair Market Rent
| Studio | $816 |
| 1 Bedroom | $882 |
| 2 Bedrooms | $1,096 |
| 3 Bedrooms | $1,391 |
| 4 Bedrooms | $1,590 |
Ownership & Property
| Homeownership | 100.0% |
| Owner-Occupied | 100.0% |
| Renter-Occupied | 0.0% |
| Housing Units | 298 |
| Median Year Built | 1978 |
Property Tax
| Avg Tax (IRS) | $3,631 |
| 4% above US avg |
| Effective Rate | 1.35% |
In Lakewood, 40.2% of adults are obese, above the national rate of 32.1%. 11.1% have diabetes. Heart disease affects 5.7% of residents. 33.2% have high blood pressure. 16.5% are current smokers. 18.2% report binge drinking. 21.6% are physically inactive. 27.7% report depression (above the 20.0% national average). 19.5% experience frequent mental distress. The primary care physician ratio is 1:1,204. The dentist ratio is 1:1,738. 79.2% of residents have access to exercise opportunities. The food environment index is 5.7 out of 10.
Health Metrics: Lakewood vs U.S. Average (%)
Chronic Conditions
| Obesity | 40.2% |
| 25% above US avg |
| Diabetes | 11.1% |
| Heart Disease | 5.7% |
| High Blood Pressure | 33.2% |
| Asthma | 11.8% |
| COPD | 7.5% |
| Cancer | 7.6% |
| Stroke | 3.0% |
Behaviors & Mental Health
| Smoking | 16.5% |
| 18% above US avg |
| Binge Drinking | 18.2% |
| Physical Inactivity | 21.6% |
| Depression | 27.7% |
| Mental Distress | 19.5% |
| Physical Distress | 13.4% |
| Short Sleep | 37.8% |
Healthcare Access
| Insurance Rate | 100.0% |
| |
| Primary Care | 1:1,204 |
| Dentists | 1:1,738 |
| Mental Health | 1:515 |
| Checkup Rate | 78.3% |
| Dental Visits | 62.9% |
| Premature Death | 10,892/100K |
Food & Exercise
| Food Environment | 5.7/10 |
| Exercise Access | 79.2% |
| Healthcare Facilities | 393 |
Lakewood has a violent crime rate of 324 per 100,000 residents, 15% below the national average of 380. Property crime stands at 4,931 per 100,000, 152% above the U.S. average. The county recorded 20 fatal traffic crashes. Overall, Lakewood receives a safety grade of F.
Crime Rates: Lakewood vs U.S. Average (per 100,000)
Violent Crime
| Total Violent | 324.1/100K |
| 15% below US avg |
| |
Property Crime
| Total Property | 4,930.8/100K |
| 152% above US avg |
Traffic Safety
| Fatal Crashes (County/yr) | 20 |
| Avg Accident Severity | 0.0 / 4.0 |
Safety Score
| Safety Grade | F |
| Safety Score | 1.0 / 5.0 |
Lakewood experiences four distinct seasons with an average annual temperature of 54°F (12°C). Winters average 29°F in January while summers reach 76°F in July. The area gets 293 sunny days per year, well above the U.S. average of 205 / making it one of the sunnier locations in the country. Annual precipitation totals 41.8 inches. Air quality is rated Good with a median AQI of 41. The city sits at an elevation of 566 feet.
Temperature
29°F Jan (-2°C)
76°F Jul (24°C)
| Annual Average | 53.8°F |
| 0% below US avg |
| January Average | 29°F (-2°C) |
| July Average | 76°F (24°C) |
| Sunny Days | 293 days/yr |
Geography
| Elevation | 566 ft (173 m) |
| Area | 0.3 sq mi (0.7 km²) |
| Population Density | 1,893/sq mi |
| Coordinates | 39.3965°N, 87.3020°W |
| Timezone | America/Indiana/Indianapolis |
| County | Vigo County County |
| Nearest Airport | Terre Haute Regional (HUF)
4 miles away |
Precipitation & Snow
Annual Rainfall
41.8"
10% above US avg
Wettest Month (Jul)
4.76"
Air Quality
| AQI Median | 41.0 |
| Rating | Good |
Air Pollutants (EPA 2023)
| Ozone (O₃) | 0.0455 ppm |
| SO₂ (Sulfur Dioxide) | 1.01 ppb |
| PM2.5 (Fine Particles) | 10.1 μg/m³ |
Natural Hazard Risk
| Overall Risk | Relatively Moderate |
| Risk Score | 83.2 / 100 |
| Social Vulnerability | 52.4 / 100 |
| Community Resilience | 90.0 / 100 |
Hazard Breakdown
| Tornado |
Relatively Moderate |
| Hurricane |
Very Low |
| Earthquake |
Relatively Moderate |
| Wildfire |
Very Low |
| Flood |
Relatively Moderate |
| Hail |
Relatively Moderate |
| Strong Wind |
Relatively High |
| Heat Wave |
Relatively Moderate |
| Winter Weather |
Relatively High |
| Lightning |
Relatively Moderate |
| Ice Storm |
Relatively Moderate |
| Drought |
Relatively Low |
| Cold Wave |
Relatively Moderate |
| Landslide |
Relatively Low |
Source: FEMA National Risk Index v1.20 (Dec 2025)
Earthquake History
41 earthquakes (M2.5+) within 150 km since 1990.
Strongest: M5.2. Most recent: M2.6 on Aug 9, 2025.
| Apr 18, 2008 |
7 km NNE of Bellmont, Illinois |
M5.2 |
117 km |
| Apr 18, 2008 |
9 km NNE of Bellmont, Illinois |
M4.7 |
115 km |
| Apr 21, 2008 |
7 km NNE of Bellmont, Illinois |
M4.0 |
117 km |
| Jun 17, 2021 |
Illinois-Indiana border region |
M3.8 |
48 km |
| Sep 12, 2004 |
4 km NW of Manilla, Indiana |
M3.8 |
143 km |
| Nov 11, 1991 |
3 km W of Flat Rock, Illinois |
M3.8 |
65 km |
| Sep 19, 2017 |
4 km N of Bellmont, Illinois |
M3.8 |
120 km |
| Apr 25, 2008 |
8 km NNE of Bellmont, Illinois |
M3.7 |
116 km |
| Dec 20, 1990 |
5 km S of Stilesville, Indiana |
M3.7 |
62 km |
| Nov 20, 2012 |
7 km N of Bellmont, Illinois |
M3.6 |
117 km |
| Apr 14, 2000 |
4 km NW of Heritage Lake, Indiana |
M3.6 |
62 km |
| Jun 5, 2008 |
8 km WNW of Mount Carmel, Illinois |
M3.4 |
115 km |
| May 30, 2015 |
4 km ENE of Geff, Illinois |
M3.4 |
138 km |
| May 1, 2008 |
8 km NNE of Bellmont, Illinois |
M3.3 |
116 km |
| May 13, 2025 |
7 km SSW of Lerna, Illinois |
M3.3 |
88 km |
| Dec 17, 1990 |
Illinois-Indiana border region |
M3.2 |
78 km |
| Jul 18, 2008 |
6 km NNE of Bellmont, Illinois |
M3.1 |
118 km |
| May 10, 2012 |
0 km NW of Emison, Indiana |
M3.1 |
67 km |
| Dec 16, 1996 |
3 km NNE of Terre Haute, Indiana |
M3.1 |
14 km |
| Sep 9, 2017 |
4 km N of Bellmont, Illinois |
M3.1 |
120 km |
Source: USGS (M2.5+, 1990–2025)
Tornado History
480 tornadoes (EF0+) within 100 km since 1950.
Strongest: EF4. Total: 44 fatalities, 650 injuries.
| Date |
Rating |
Distance |
Fatalities |
| Jun 2, 1990 |
EF4 |
97 km |
0 |
| Jun 2, 1990 |
EF4 |
96 km |
1 |
| Apr 11, 1965 |
EF4 |
79 km |
28 |
| Mar 31, 2023 |
EF3 |
86 km |
6 |
| Mar 31, 2023 |
EF3 |
51 km |
2 |
| Mar 8, 2009 |
EF3 |
85 km |
0 |
| Nov 15, 2005 |
EF3 |
81 km |
0 |
| Sep 20, 2002 |
EF3 |
62 km |
0 |
| Apr 19, 1996 |
EF3 |
98 km |
1 |
| Nov 22, 1992 |
EF3 |
50 km |
0 |
| Nov 22, 1992 |
EF3 |
58 km |
0 |
| Nov 22, 1992 |
EF3 |
67 km |
0 |
| Jun 2, 1990 |
EF3 |
86 km |
0 |
| Mar 10, 1986 |
EF3 |
67 km |
0 |
| Jun 2, 1980 |
EF3 |
79 km |
1 |
| Jun 25, 1978 |
EF3 |
97 km |
0 |
| Aug 10, 1974 |
EF3 |
95 km |
0 |
| Aug 10, 1974 |
EF3 |
77 km |
0 |
| Apr 3, 1974 |
EF3 |
99 km |
0 |
| Apr 3, 1974 |
EF3 |
90 km |
0 |
Source: NOAA SPC (EF0+, 1950–2024)
Wildfire History
2 wildfires (100+ acres) within 100 km.
Largest: UNNAMED (1,547 ac, 2021).
| Year |
Name |
Acres |
Distance |
| 2021 |
UNNAMED |
1,547 |
95 km |
| 2016 |
UNNAMED |
898 |
94 km |
Source: NIFC/IRWIN (100+ acres)
Monthly Weather
| Month |
Avg Temperature |
Precipitation |
Summary |
| January |
29°F (-2°C) |
2.2 in |
Coldest, Driest |
| February |
31°F (-0°C) |
2.3 in |
|
| March |
42°F (5°C) |
3.7 in |
|
| April |
53°F (11°C) |
3.9 in |
|
| May |
63°F (17°C) |
4.6 in |
|
| June |
72°F (22°C) |
3.9 in |
|
| July |
76°F (24°C) |
4.8 in |
Warmest, Wettest |
| August |
74°F (23°C) |
3.9 in |
|
| September |
67°F (19°C) |
3.3 in |
|
| October |
55°F (13°C) |
2.6 in |
|
| November |
43°F (6°C) |
3.6 in |
|
| December |
32°F (0°C) |
3.0 in |
|
Lakewood has a seasonal temperature swing of 47°F / from 29°F in January to 76°F in July. Total annual precipitation is 41.8 inches, with July being the wettest month (4.8") and January the driest (2.2").
Average costs for common services in Lakewood. Prices are estimated based on regional cost of living data and may vary by provider.
Healthcare
| Doctor Visit (Primary Care) |
$233 ($140–$373) |
| Specialist Visit |
$327 ($187–$513) |
| Urgent Care Visit |
$187 ($93–$327) |
| Emergency Room Visit |
$2,053 ($746–$4,665) |
| Dental Cleaning |
$121 ($70–$187) |
| Dental Filling |
$233 ($140–$373) |
View all 40 services
Auto Repair
| Oil Change (Conventional) |
$42 ($23–$70) |
| Oil Change (Synthetic) |
$70 ($47–$112) |
| Brake Pad Replacement |
$280 ($140–$467) |
| Tire Rotation |
$37 ($19–$70) |
| New Tires (Set of 4) |
$560 ($373–$933) |
| Battery Replacement |
$187 ($93–$327) |
View all 18 services
Home Services
| Plumber (Per Hour) |
$93 ($56–$140) |
| Electrician (Per Hour) |
$84 ($47–$131) |
| HVAC Repair |
$373 ($140–$746) |
| HVAC System Install |
$6,531 ($3,732–$11,196) |
| Roof Repair |
$933 ($373–$1,866) |
| Roof Replacement |
$8,397 ($5,132–$13,995) |
View all 25 services
Legal
| Divorce (Uncontested) |
$1,400 ($467–$3,266) |
| Divorce (Contested) |
$13,995 ($4,665–$27,990) |
| DUI Defense |
$4,665 ($1,866–$9,330) |
| Bankruptcy (Chapter 7) |
$1,400 ($746–$2,799) |
| Will Preparation |
$467 ($187–$933) |
| Trust Preparation |
$2,333 ($933–$4,665) |
View all 12 services
Personal Care
| Men's Haircut |
$23 ($14–$42) |
| Women's Haircut |
$51 ($28–$93) |
| Hair Coloring (Full) |
$140 ($70–$233) |
| Manicure |
$23 ($14–$42) |
| Pedicure |
$37 ($23–$61) |
| Massage (1 Hour) |
$75 ($47–$121) |
View all 12 services
Food & Grocery
| Gallon of Milk (per gallon) |
$3.83 ($2.80–$5.13) |
| Dozen Eggs (per dozen) |
$3.27 ($2.33–$4.67) |
| Loaf of Bread |
$3.55 ($2.33–$5.13) |
| Chicken Breast (per lb) |
$4.20 ($2.80–$6.06) |
| Ground Beef (per lb) |
$5.13 ($3.73–$7.00) |
| Rice (per lb) |
$0.93 ($0.56–$1.68) |
View all 20 services
Utilities
| Electricity (Monthly) |
$131 ($75–$233) |
| Natural Gas (Monthly) |
$65 ($28–$140) |
| Water/Sewer (Monthly) |
$65 ($37–$112) |
| Internet (Monthly) |
$65 ($37–$93) |
| Cell Phone Plan (Monthly) |
$61 ($28–$93) |
| Cable TV (Monthly) |
$79 ($47–$140) |
View all 8 services
Transportation
| Monthly Parking (Downtown) |
$187 ($70–$467) |
| Car Insurance (Annual) |
$1,866 ($1,120–$3,266) |
| Bus Pass (Monthly) |
$65 ($28–$121) |
| Taxi/Uber (5-Mile Ride) |
$14 ($7.46–$23) |
| Car Registration (Annual) |
$93 ($28–$233) |
| Driver's License Renewal |
$28 ($14–$70) |
View all 8 services
Education & Childcare
| Daycare (Infant, Monthly) |
$1,120 ($560–$2,333) |
| Daycare (Toddler, Monthly) |
$933 ($467–$1,866) |
| After-School Care (Monthly) |
$373 ($187–$653) |
| Tutoring (Per Hour) |
$47 ($23–$93) |
| SAT/ACT Prep Course |
$933 ($373–$2,333) |
| Private School (K-12, Annual) |
$11,663 ($4,665–$27,990) |
View all 8 services
Pets
| Vet Visit (Routine Checkup) |
$56 ($28–$93) |
| Dog Vaccination (Annual) |
$93 ($47–$187) |
| Dog Grooming |
$56 ($28–$93) |
| Pet Boarding (Per Night) |
$37 ($19–$70) |
| Dog Spay/Neuter |
$280 ($140–$467) |
| Cat Spay/Neuter |
$187 ($93–$373) |
View all 9 services
Frequently Asked Questions About Lakewood
What is the population of Lakewood?
Lakewood has a population of 530 residents and is located in Indiana. The population density is 1,893 people per square mile, spread across 0.3 square miles. The median age of residents is 48.5 years, which is older than the national median of 38.9 years. The population is 52.8% female and 47.2% male.
Is Lakewood expensive to live in?
Lakewood is more affordable than the national average, with a cost of living index of 93.3 / below the baseline of 100. The median household income is $107,574, 43% above the national average of $75,149. The median home value is $269,400 (4% below the U.S. median). The home price-to-income ratio is 2.5x, indicating housing is reasonably affordable relative to local income levels.
Is Lakewood safe?
Lakewood is safer than the national average, with a violent crime rate of 324 per 100,000 compared to the U.S. rate of 380. Property crime occurs at a rate of 4,931 per 100,000 (above the national average). Overall, Lakewood receives a safety grade of F based on combined crime data.
What is the weather like in Lakewood?
Lakewood has a four-season climate with an average annual temperature of 54°F (12°C). Winter temperatures average 29°F in January, while summers reach an average of 76°F in July. The area receives 293 sunny days per year, well above the national average of 205. Annual rainfall totals 41.8 inches. Air quality is rated Good with a median Air Quality Index (AQI) of 41.
How is the job market in Lakewood?
The unemployment rate in Lakewood is 5.3%, somewhat above the national average of 3.6%. Job seekers may face moderate competition. The average weekly wage is $1,022. There are 2,526 business establishments in the area, including 281 restaurants and food service locations. The average commute time is 20 minutes, and 17.9% of workers work from home.
How much does housing cost in Lakewood?
The median home value in Lakewood is $269,400. Zillow estimates the typical home value at $229,589. The homeownership rate is 100.0%. The average annual property tax is $3,631.
How are the schools in Lakewood?
Schools in Lakewood score 5.9 out of 10 on standardized testing, near the national average. 47.7% of adults in Lakewood hold a bachelor's degree or higher, above the national average of 33.7%. 100.0% have completed high school. 18.8% hold a graduate or professional degree.
How healthy is Lakewood?
The obesity rate in Lakewood is 40.2% (above the national rate of 32.1%). 16.5% of adults are smokers. 21.6% are physically inactive. 27.7% of residents report depression. 79.2% of residents have access to exercise opportunities. The primary care physician ratio is 1:1,204.
What is transportation like in Lakewood?
The average commute in Lakewood is 20 minutes, shorter than the national average of 28 minutes. 67% of workers drive alone to work, and 17.9% work from home.
What are the demographics of Lakewood?
The racial and ethnic makeup of Lakewood is 100% White. 100% of residents speak only English at home. 4.9% of the population are military veterans. 6.5% of residents have a disability. 100.0% have health insurance coverage.
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