Lakewood, SC

Full City Profile · South Carolina · Sumter County County

3.0 /5.0
B Good
3,154 Population 419/sq mi density
$49,255 Median Income $34,396 per capita
$260,900 Home Value $210,391 Zillow
$928 Median Rent 22.5% income on rent
62°F Avg Temperature
B
Overall
3.0 / 5.0
Good overall score based on economy, affordability, safety and education
B
Economy
3.1 / 5.0
$49,255 median income, 8.2% unemployment
B+
Affordability
3.7 / 5.0
$260,900 home value, $928/mo rent
C
Education
2.2 / 5.0
14.6% bachelor's degree or higher

Lakewood, SC

At a Glance

Median Income
$49,255
34% below
$34,396 per capita
Home Value
$260,900
7% below
Zillow: $210,391
Median Rent
$928/mo
20% below
22.5% of income on rent
Bachelor's Degree+
14.6%
57% below
89.8% high school+
Unemployment
8.2%
128% above
2.1% poverty rate
Obesity Rate
45.3%
41% above
19.8% smoking rate
Avg Temperature
62°F

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
66%
Home Value
93%
Rent
80%
Poverty
17%
Bachelor's
43%
Unemployment
228%
Thin vertical line = U.S. national average (100%)

Is Lakewood a Good Place to Live?

B
3.0 / 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 $49,255 , which is 34% below the national average of $75,149. Per capita income is $34,396. The unemployment rate stands at 8.2% (128% above the U.S. rate of 3.6%). 2.1% of residents live below the poverty line. The area is home to 2,305 business establishments, including 178 restaurants.

Housing & Cost of Living

The median home value in Lakewood is $260,900 , 7% below the national median of $281,900. Zillow estimates the typical home at $210,391. Median rent is $928/month, with 22.5% of renters spending more than 30% of income on housing. The cost of living index is 93.7 (100 = national average). The median home was built in 1986.

Education

14.6% of adults in Lakewood hold a bachelor's degree or higher (57% below the national average). 89.8% have completed high school. Local schools score 4.2/10 in standardized testing.

Climate & Weather

Lakewood has an average annual temperature of 62°F (17°C). Winters average 44°F in January while summers reach 80°F in July. Annual precipitation totals 48.8 inches.

Data Overview

People

Population3,154
Median Age44.2 yrs
Density419/mi²
Male / Female41% / 59%
Foreign Born2.6%
Veterans10.5%

Economy

B
Median Income$49,255
Per Capita$34,396
Unemployment8.2%
Poverty2.1%
County GDP$6,288M
Avg Weekly Wage$1,024

Housing

B+
Home Value$260,900
Rent$928
Ownership63.7%
Zillow$210,391
Housing Units1,756
Rent Burden22.5%

Health

Obesity45.3%
Diabetes14.9%
Smoking19.8%
Heart Disease7.0%
Premature Death13,356/100K

Climate

Avg Temp62°F
Rain48.8 in/yr
Elevation175 ft

Education

C
Bachelor's+14.6%
High School+89.8%
Graduate+5.9%
School Score4.2/10

Community

2024 VoteR 47% / D 52%
Commute30 min
Broadband75.2%
Internet Speed163 Mbps
EV Stations11
Libraries4

Did You Know?

The median home in Lakewood was built in 1986.
The nearest airport is Hartsville Regional (41 miles).
The Gini coefficient (income inequality) is 0.456 (U.S. avg: 0.490).
Natural hazard risk is rated "Relatively Moderate" by FEMA.
10.5% of the population has a disability.
Average internet download speed is 163 Mbps.
There are 178 restaurants in the area.
The county recorded 30 fatal vehicle crashes.