At a Glance
Median Income
$65,156
$34,556 per capita
Home Value
$187,500
Zillow: $298,559
Bachelor's Degree+
26.1%
91.3% high school+
Unemployment
11.3%
0.0% poverty rate
Obesity Rate
42.4%
16.6% smoking rate
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)
Thin vertical line = U.S. national average (100%)
Is Lakewood 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 residents earn a median household income of $65,156 , which is 13% below the national average of $75,149.
Per capita income is $34,556. The unemployment rate stands at 11.3% (214% above the U.S. rate of 3.6%). 0.0% of residents live below the poverty line. The area is home to 301 business establishments, including 30 restaurants.
Housing & Cost of Living
The median home value in Lakewood is $187,500 , 33% below the national median of $281,900.
Zillow estimates the typical home at $298,559. The cost of living index is 94.1 (100 = national average). The median home was built in 1981.
Education
26.1% of adults in Lakewood hold a bachelor's degree or higher
(23% below the national average).
91.3% have completed high school. Local schools score 5.0/10 in standardized testing.
Climate & Weather
Lakewood has an average annual temperature of 42°F (5°C).
Winters average 13°F in January while summers reach 67°F in July. Annual precipitation totals 32.8 inches. Air quality is rated Good with a median AQI of 37.
Data Overview
People
Population297
Median Age55.3 yrs
Density107/mi²
Male / Female49% / 51%
Foreign Born1.0%
Veterans6.5%
Economy
B
Median Income$65,156
Per Capita$34,556
Unemployment11.3%
Poverty0.0%
County GDP$430M
Avg Weekly Wage$876
Housing
A+
Home Value$187,500
Rent
Ownership88.9%
Zillow$298,559
Housing Units257
Rent Burden42.1%
Health
Obesity42.4%
Diabetes10.0%
Smoking16.6%
Heart Disease6.2%
Premature Death11,728/100K
Climate
Avg Temp42°F
Rain32.8 in/yr
AQI37 (Good)
Elevation1,248 ft
Education
B
Bachelor's+26.1%
High School+91.3%
Graduate+5.1%
School Score5.0/10
Community
2024 VoteR 66% / D 33%
Commute13 min
Broadband87.4%
Internet Speed55 Mbps
EV Stations1
Libraries3
Did You Know?
The median home in Lakewood was built in 1981.
29.5% work from home.
The nearest airport is Menominee Regional (44 miles).
The Gini coefficient (income inequality) is 0.431 (U.S. avg: 0.490).
Natural hazard risk is rated "Relatively Low" by FEMA.
18.2% of the population has a disability.
The county recorded 1 fatal vehicle crashes.