Lakewood, IN
Full City Profile · Indiana · Vigo County County
3.8
/5.0
B+
Good
530
Population
1,893/sq mi density
$107,574
Median Income
$48,025 per capita
$269,400
Home Value
$229,589 Zillow
54°F
Avg Temperature
293 sunny days/yr
324
Violent Crime/100K
4,931 property/100K
B+
Overall
3.8 / 5.0
Good overall score based on economy, affordability, safety and education
A+
Economy
4.5 / 5.0
$107,574 median income, 5.3% unemployment
A+
Affordability
5.0 / 5.0
$269,400 home value, /mo rent
F
Safety
1.0 / 5.0
324 violent crimes/100K
A+
Education
4.8 / 5.0
47.7% bachelor's degree or higher
Income Overview
Median Household Income
$107,574
43% above
US avg: $75,149
Per Capita Income
$48,025
23% above
US avg: $39,052
Unemployment Rate
5.3%
47% above
US avg: 3.6%
Poverty Rate
0.0%
100% below
US avg: 12.4%
Income Comparison: Lakewood vs. U.S. Average
Each bar shows Lakewood’s value as a percentage of the national average (100% line = U.S. avg)
Median Household
US: $75,149
$107,574
143%
Per Capita
US: $39,052
$48,025
123%
IRS Avg AGI
US: $72,000
$68,303
95%
Avg Weekly Wage
US: $1,432
$1,022
71%
Thin line = U.S. average (100%)
Employment & Commute
Avg Weekly Wage
$1,022
29% below US avg ($1,432)
Mean Commute Time
20 min
27% below US avg (28 min)
Work From Home
17.9%
18% above US avg (15.2%)
Drive Alone
67.0%
9% below US avg (73.2%)
Public Transit
0.0%
100% below US avg (5.0%)
County GDP
$6,571M
County-level GDP (BEA 2024)
How Residents Get to Work
Drive Alone
67%
Public Transit
0%
Work From Home
17.9%
Other
15.1%
Average commute time
20 minutes
US avg: 28 min
Business Landscape
Total Establishments
2,526
Restaurants
281
Healthcare
393
Retail
394
Manufacturing
105
Tax & Financial
IRS Avg Adjusted Gross Income
$68,303
5% below US avg ($72,000)
Avg Property Tax
$3,631
4% above US avg ($3,500)
Cost of Living Index
93.3
Below national average (100 = US avg)
Complete Economy Data
Income & Wages
| Median Household Income | $107,574 |
| Per Capita Income | $48,025 |
| IRS Avg Adjusted Gross Income | $68,303 |
| Avg Weekly Wage | $1,022 |
| County GDP | $6,571M |
Hardship Indicators
| Unemployment Rate | 5.3% |
| Poverty Rate | 0.0% |
| Gini Coefficient | 0.474 |
| Cost of Living Index | 93.3 |
Commute
| Mean Commute | 20 minutes |
| Drive Alone | 67.0% |
| Public Transit | 0.0% |
| Work From Home | 17.9% |
Businesses
| Total Establishments | 2,526 |
| Restaurants | 281 |
| Healthcare | 393 |
| Retail | 394 |
| Manufacturing | 105 |
Tax
| IRS Avg AGI | $68,303 |
| Avg Property Tax | $3,631 |
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