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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 Rate5.3%
Poverty Rate0.0%
Gini Coefficient0.474
Cost of Living Index93.3

Commute

Mean Commute20 minutes
Drive Alone67.0%
Public Transit0.0%
Work From Home17.9%

Businesses

Total Establishments2,526
Restaurants281
Healthcare393
Retail394
Manufacturing105

Tax

IRS Avg AGI$68,303
Avg Property Tax$3,631