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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

Lakewood, IN

At a Glance

Median Income
$107,574
43% above
$48,025 per capita
Home Value
$269,400
4% below
Zillow: $229,589
Violent Crime
324/100K
15% below
4,931/100K property
Bachelor's Degree+
47.7%
42% above
100.0% high school+
Unemployment
5.3%
47% above
0.0% poverty rate
Obesity Rate
40.2%
25% above
16.5% smoking rate
Avg Temperature
54°F
293 sunny days/yr

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)

Income
143%
Home Value
96%
Poverty
0%
Bachelor's
142%
Unemployment
147%
Crime
85%
Thin vertical line = U.S. national average (100%)

Is Lakewood a Good Place to Live?

B+
3.8 / 5.0 — Good
Based on economy, affordability, safety, and education metrics compared to national averages.

Economy & Jobs

Lakewood residents earn a median household income of $107,574 , which is 43% above the national average of $75,149. Per capita income is $48,025. The unemployment rate stands at 5.3% (47% above the U.S. rate of 3.6%). 0.0% of residents live below the poverty line. The area is home to 2,526 business establishments, including 281 restaurants.

Housing & Cost of Living

The median home value in Lakewood is $269,400 , 4% below the national median of $281,900. Zillow estimates the typical home at $229,589. The cost of living index is 93.3 (100 = national average). The median home was built in 1978.

Safety & Crime

Lakewood reports 324 violent crimes per 100,000 residents , which is 15% below the national average of 380/100K. Property crime is 4,931/100K.

Education

47.7% of adults in Lakewood hold a bachelor's degree or higher (42% above the national average). 100.0% have completed high school. Local schools score 5.9/10 in standardized testing.

Climate & Weather

Lakewood has 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. Annual precipitation totals 41.8 inches. Air quality is rated Good with a median AQI of 41.

Data Overview

People

Population530
Median Age48.5 yrs
Density1,893/mi²
Male / Female47% / 53%
Foreign Born13.6%
Veterans4.9%

Economy

A+
Median Income$107,574
Per Capita$48,025
Unemployment5.3%
Poverty0.0%
County GDP$6,571M
Avg Weekly Wage$1,022

Housing

A+
Home Value$269,400
Rent
Ownership100.0%
Zillow$229,589
Housing Units298
Rent Burden32.8%

Crime

F
Violent324/100K
Property4,931/100K

Health

Obesity40.2%
Diabetes11.1%
Smoking16.5%
Heart Disease5.7%
Premature Death10,892/100K

Climate

Avg Temp54°F
Sunny Days293/yr
Rain41.8 in/yr
AQI41 (Good)
Elevation566 ft

Education

A+
Bachelor's+47.7%
High School+100.0%
Graduate+18.8%
School Score5.9/10

Community

2024 VoteR 58% / D 40%
Commute20 min
Broadband100.0%
Internet Speed143 Mbps
EV Stations16
Libraries2

Did You Know?

The median home in Lakewood was built in 1978.
17.9% work from home.
The nearest airport is Terre Haute Regional (4 miles).
The Gini coefficient (income inequality) is 0.474 (U.S. avg: 0.490).
Natural hazard risk is rated "Relatively Moderate" by FEMA.
6.5% of the population has a disability.
13.6% of residents are foreign-born.
Average internet download speed is 143 Mbps.
There are 281 restaurants in the area.
The county recorded 20 fatal vehicle crashes.