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Lakewood Village, TX

Full City Profile · Texas · Collin County County

3.7 /5.0
B+ Good
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 330 sunny days/yr
284 Violent Crime/100K 1,976 property/100K
B+
Overall
3.7 / 5.0
Good overall score based on economy, affordability, safety and education
A+
Economy
5.0 / 5.0
$154,219 median income, 1.4% unemployment
A+
Affordability
4.9 / 5.0
$494,200 home value, N/A/mo rent
F
Safety
1.0 / 5.0
284 violent crimes/100K
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
Violent Crime
284/100K
25% below
1,976/100K property
Bachelor's Degree+
37.5%
11% above
97.8% high school+
Unemployment
1.4%
61% below
1.2% poverty rate
Obesity Rate
34.3%
7% above
11.9% smoking rate
Avg Temperature
65°F
330 sunny days/yr

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
39%
Crime
75%
Thin vertical line = U.S. national average (100%)

Is Lakewood Village a Good Place to Live?

B+
3.7 / 5.0 — Good
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 1.4% (61% 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.

Safety & Crime

Lakewood Village reports 284 violent crimes per 100,000 residents , which is 25% below the national average of 380/100K. Property crime is 1,976/100K.

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 (18°C). Winters average 45°F in January while summers reach 84°F in July. The area gets 330 sunny days per year. Annual precipitation totals 38.3 inches. Air quality is rated Good with a median AQI of 42.

Data Overview

People

Population784
Median Age49.4 yrs
Density980/mi²
Male / Female54% / 46%
Foreign Born13.6%
Veterans10.6%

Economy

A+
Median Income$154,219
Per Capita$66,287
Unemployment1.4%
Poverty1.2%
County GDP$115,358M
Avg Weekly Wage$1,694

Housing

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

Crime

F
Violent284/100K
Property1,976/100K

Health

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

Climate

Avg Temp65°F
Sunny Days330/yr
Rain38.3 in/yr
AQI42 (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.
5.8% of the population has a disability.
13.6% of residents are foreign-born.
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.