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Lakewood Park, Florida

Last updated: 2024 BLS data · Page refreshed:

City Profile — Demographics, Income, Education & Housing
Data: U.S. Census Bureau, American Community Survey 2024 5-Year Estimates
13,866
Population
$64,023
Median Income
$268,400
Home Value
50.8
Median Age

Demographics

Lakewood Park has a population of 13,866 with a median age of 50.8. Here is the racial and ethnic breakdown of the population:

White
73.7%
Black
15.5%
Hispanic
7.8%
Asian
2.3%
Other
0.7%
Demographic Value
Total Population13,866
Median Age50.8
White73.7%
Black or African American15.5%
Asian2.3%
Hispanic or Latino7.8%
Other / Two or More Races0.7%
Lakewood Park, Florida — racial composition (Census ACS 2024)Donut chart of 5 segments totaling 100.White: 73.7%Black: 15.5%Hispanic/Latino: 7.8%Asian: 2.3%Other: 0.7%13,866PopulationWhiteWhite73.7%BlackBlack15.5%Hispanic/LatinoHispanic/Latino7.8%AsianAsian2.3%OtherOther0.7%

Income & Economy

The median household income in Lakewood Park is $64,023, which is 20.6% below the national median of $80,610. The per capita income is $32,134. The poverty rate is 9.4%.

$64,023
Median Household Income
$32,134
Per Capita Income
9.4%
Poverty Rate

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Education

In Lakewood Park, 93.0% of residents age 25+ have a high school diploma or higher, and 18.8% hold a bachelor's degree or higher (5.0% with a graduate or professional degree).

HS Diploma+
93.0%
Bachelor's+
18.8%
Graduate+
5.0%
Education Level % of Adults (25+)
High School Diploma or Higher93.0%
Bachelor's Degree or Higher18.8%
Graduate or Professional Degree5.0%

Housing

The median home value in Lakewood Park is $268,400, below the national median of $303,400. The median monthly rent is $1,206. The homeownership rate is 85.4%.

$268,400
Median Home Value
$1,206/mo
Median Rent
85.4%
Homeownership Rate
Housing Metric Value
Median Home Value$268,400
Median Monthly Rent$1,206
Homeownership Rate85.4%
Vacancy Rate9.4%

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Frequently Asked Questions

What is the population of Lakewood Park, Florida?
The population of Lakewood Park, Florida is 13,866 according to U.S. Census Bureau ACS 2024 5-Year Estimates.
What is the median household income in Lakewood Park, Florida?
The median household income in Lakewood Park, Florida is $64,023. This is 20.6% below the national median of $80,610.
What is the median home value in Lakewood Park, Florida?
The median home value in Lakewood Park, Florida is $268,400. The median monthly rent is $1,206.
What percentage of people in Lakewood Park have a college degree?
In Lakewood Park, Florida, 18.8% of adults age 25 and older hold a bachelor's degree or higher, and 93.0% have a high school diploma or higher.
Is Lakewood Park, Florida an affordable place to live?
The home price-to-income ratio in Lakewood Park, Florida is 4.2x (median home value $268,400 vs. median income $64,023), making it moderately affordable by that measure. A ratio under 4.0 is generally considered affordable.

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