Lakewood Village, TX

Full City Profile · Texas · Collin County County

4.6 /5.0
A+ Excellent
784 Population 980/sq mi density
$154,219 Median Income $66,287 per capita
$494,200 Home Value $342,755 Zillow
65°F Avg Temperature
A+
Overall
4.6 / 5.0
Strong
A+
Economy
5.0 / 5.0
$154,219 median income, 2.0% unemployment
A+
Affordability
4.9 / 5.0
$494,200 home value, /mo rent
A
Education
4.0 / 5.0
37.5% bachelor's degree or higher

Lakewood Village, TX

At a Glance

Median Income
$154,219
105% above
$66,287 per capita
Home Value
$494,200
75% above
Zillow: $342,755
Bachelor's Degree+
37.5%
11% above
97.8% high school+
Unemployment
2.0%
44% below
1.2% poverty rate
Obesity Rate
34.3%
7% above
11.9% smoking rate
Avg Temperature
65°F

How Lakewood Village Compares to the U.S. Average

Each bar shows Lakewood Village's value as a percentage of the national average (100% = U.S. avg)

Income
205%
Home Value
175%
Poverty
10%
Bachelor's
111%
Unemployment
56%
Thin vertical line = U.S. national average (100%)

Is Lakewood Village a Good Place to Live?

A+
4.6 / 5.0 - Excellent
Based on economy, affordability, safety, and education metrics compared to national averages.

Economy & Jobs

Lakewood Village residents earn a median household income of $154,219 , which is 105% above the national average of $75,149. Per capita income is $66,287. The unemployment rate stands at 2.0% (44% below the U.S. rate of 3.6%). 1.2% of residents live below the poverty line. The area is home to 34,830 business establishments, including 2,668 restaurants.

Housing & Cost of Living

The median home value in Lakewood Village is $494,200 , 75% above the national median of $281,900. Zillow estimates the typical home at $342,755. The cost of living index is 97.1 (100 = national average). The median home was built in 2001.

Education

37.5% of adults in Lakewood Village hold a bachelor's degree or higher (11% above the national average). 97.8% have completed high school. Local schools score 6.9/10 in standardized testing.

Climate & Weather

Lakewood Village has an average annual temperature of 65°F (19°C). Winters average 45°F in January while summers reach 85°F in July. Annual precipitation totals 36.5 inches. Air quality is rated Good with a median AQI of 40.

Data Overview

People

Population784
Median Age49.4 yrs
Density980/mi²
Male / Female54% / 46%
Foreign Born6.1%
Veterans10.6%

Economy

A+
Median Income$154,219
Per Capita$66,287
Unemployment2.0%
Poverty1.2%
County GDP$115,358M
Avg Weekly Wage$1,694

Housing

A+
Home Value$494,200
Rent
Ownership97.9%
Zillow$342,755
Housing Units278
Rent Burden28.2%

Health

Obesity34.3%
Diabetes9.6%
Smoking11.9%
Heart Disease5.0%
Premature Death4,576/100K

Climate

Avg Temp65°F
Rain36.5 in/yr
AQI40 (Good)
Elevation552 ft

Education

A
Bachelor's+37.5%
High School+97.8%
Graduate+9.1%
School Score6.9/10

Community

2024 VoteR 54% / D 43%
Commute33 min
Broadband98.6%
Internet Speed136 Mbps
EV Stations5
Libraries16

Did You Know?

The median home in Lakewood Village was built in 2001.
26.7% work from home.
The nearest airport is Dallas-Fort Worth International (17 miles).
The Gini coefficient (income inequality) is 0.433 (U.S. avg: 0.490).
Natural hazard risk is rated "Relatively High" by FEMA.
5.6% of the population has a disability.
Average internet download speed is 136 Mbps.
There are 2,668 restaurants in the area.
The county recorded 72 fatal vehicle crashes.
91 declared natural disasters on record.