Lakewood, SC
Full City Profile · South Carolina · Sumter County County
2.6
/5.0
C+
Fair
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
308 sunny days/yr
789
Violent Crime/100K
4,676 property/100K
C+
Overall
2.6 / 5.0
Fair overall score based on economy, affordability, safety and education
B+
Economy
3.5 / 5.0
$49,255 median income, 5.1% unemployment
B+
Affordability
3.7 / 5.0
$260,900 home value, $928/mo rent
F
Safety
1.0 / 5.0
789 violent crimes/100K (108% above avg)
C
Education
2.2 / 5.0
14.6% bachelor's degree or higher
Income Overview
Median Household Income
$49,255
34% below
US avg: $75,149
Per Capita Income
$34,396
12% below
US avg: $39,052
Unemployment Rate
5.1%
42% above
US avg: 3.6%
Poverty Rate
2.1%
83% 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
$49,255
66%
Per Capita
US: $39,052
$34,396
88%
IRS Avg AGI
US: $72,000
$55,168
77%
Avg Weekly Wage
US: $1,432
$1,024
72%
Thin line = U.S. average (100%)
Employment & Commute
Avg Weekly Wage
$1,024
28% below US avg ($1,432)
Mean Commute Time
30 min
7% above US avg (28 min)
Work From Home
7.8%
49% below US avg (15.2%)
Drive Alone
89.1%
22% above US avg (73.2%)
Public Transit
0.0%
100% below US avg (5.0%)
County GDP
$6,288M
County-level GDP (BEA 2024)
How Residents Get to Work
Drive Alone
89.1%
Public Transit
0%
Work From Home
7.8%
Other
3.1%
Average commute time
30 minutes
US avg: 28 min
Business Landscape
Total Establishments
2,305
Restaurants
178
Healthcare
213
Retail
374
Manufacturing
71
Tax & Financial
IRS Avg Adjusted Gross Income
$55,168
23% below US avg ($72,000)
Avg Property Tax
$2,945
16% below US avg ($3,500)
Cost of Living Index
93.7
Below national average (100 = US avg)
Complete Economy Data
Income & Wages
| Median Household Income | $49,255 |
| Per Capita Income | $34,396 |
| IRS Avg Adjusted Gross Income | $55,168 |
| Avg Weekly Wage | $1,024 |
| County GDP | $6,288M |
Hardship Indicators
| Unemployment Rate | 5.1% |
| Poverty Rate | 2.1% |
| Gini Coefficient | 0.456 |
| Cost of Living Index | 93.7 |
Commute
| Mean Commute | 30 minutes |
| Drive Alone | 89.1% |
| Public Transit | 0.0% |
| Work From Home | 7.8% |
Businesses
| Total Establishments | 2,305 |
| Restaurants | 178 |
| Healthcare | 213 |
| Retail | 374 |
| Manufacturing | 71 |
Tax
| IRS Avg AGI | $55,168 |
| Avg Property Tax | $2,945 |
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