Lakewood, WI

Full City Profile · Wisconsin · Forest County County

3.7 /5.0
B+ Good
297 Population 107/sq mi density
$65,156 Median Income $34,556 per capita
$187,500 Home Value $298,559 Zillow
42°F Avg Temperature
B+
Overall
3.7 / 5.0
Good overall score based on economy, affordability, safety and education
B
Economy
3.1 / 5.0
$65,156 median income, 11.3% unemployment
A+
Affordability
5.0 / 5.0
$187,500 home value, /mo rent
B
Education
3.1 / 5.0
26.1% bachelor's degree or higher

Housing Overview

Median Home Value
$187,500
33% below
US avg: $281,900
Homeownership Rate
88.9%
36% above US avg (65.4%)
Total Housing Units
257
Median year built: 1981

Home Value by Source

Census Median
$187,500
Zillow (ZHVI)
$298,559
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

88.9%
Owner-Occupied
11.1%
Renter-Occupied
89%
11%
US avg: 65.4% owner-occupied

Fair Market Rents (HUD FY2026)

Studio
$797/mo
1 Bedroom
$872/mo
2 Bedroom
$1,097/mo
3 Bedroom
$1,405/mo
4 Bedroom
$1,572/mo

Affordability & Housing Stock

Rent Burden
42.1%
of renters spending 30%+ of income on housing
36% above US avg (31.0%)
Median Year Built
1981
Average age of housing stock: 45 years
Homeownership Rate
88.9%

Complete Housing Data

Home Values

Census Median Value$187,500
Zillow Home Value (ZHVI)$298,559

Rent

FMR Studio$797
FMR 1-Bedroom$872
FMR 2-Bedroom$1,097
FMR 3-Bedroom$1,405
FMR 4-Bedroom$1,572

Market

Ownership & Stock

Owner-Occupied88.9%
Renter-Occupied11.1%
Homeownership Rate88.9%
Total Housing Units257
Median Year Built1981
Rent Burden42.1%