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Lakewood Shores, Illinois

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
459
Population
$78,693
Median Income
$217,100
Home Value
43.4
Median Age

Demographics

Lakewood Shores has a population of 459 with a median age of 43.4. Here is the racial and ethnic breakdown of the population:

White
89.3%
Black
5.9%
Hispanic
4.1%
Asian
3.5%
Demographic Value
Total Population459
Median Age43.4
White89.3%
Black or African American5.9%
Asian3.5%
Hispanic or Latino4.1%
Lakewood Shores, Illinois — racial composition (Census ACS 2024)Donut chart of 4 segments totaling 103.White: 86.9%Black: 5.7%Hispanic/Latino: 4.0%Asian: 3.4%459PopulationWhiteWhite86.9%BlackBlack5.7%Hispanic/LatinoHispanic/Latino4.0%AsianAsian3.4%

Income & Economy

The median household income in Lakewood Shores is $78,693, which is 2.4% below the national median of $80,610. The per capita income is $40,124. The poverty rate is 3.7%.

$78,693
Median Household Income
$40,124
Per Capita Income
3.7%
Poverty Rate

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Education

In Lakewood Shores, 96.6% of residents age 25+ have a high school diploma or higher, and 11.4% hold a bachelor's degree or higher.

HS Diploma+
96.6%
Bachelor's+
11.4%
Education Level % of Adults (25+)
High School Diploma or Higher96.6%
Bachelor's Degree or Higher11.4%

Housing

The median home value in Lakewood Shores is $217,100, below the national median of $303,400. The median monthly rent is $1,234. The homeownership rate is 87.0%.

$217,100
Median Home Value
$1,234/mo
Median Rent
87.0%
Homeownership Rate
Housing Metric Value
Median Home Value$217,100
Median Monthly Rent$1,234
Homeownership Rate87.0%
Vacancy Rate24.3%

Salaries in Illinois

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Frequently Asked Questions

What is the population of Lakewood Shores, Illinois?
The population of Lakewood Shores, Illinois is 459 according to U.S. Census Bureau ACS 2024 5-Year Estimates.
What is the median household income in Lakewood Shores, Illinois?
The median household income in Lakewood Shores, Illinois is $78,693. This is 2.4% below the national median of $80,610.
What is the median home value in Lakewood Shores, Illinois?
The median home value in Lakewood Shores, Illinois is $217,100. The median monthly rent is $1,234.
What percentage of people in Lakewood Shores have a college degree?
In Lakewood Shores, Illinois, 11.4% of adults age 25 and older hold a bachelor's degree or higher, and 96.6% have a high school diploma or higher.
Is Lakewood Shores, Illinois an affordable place to live?
The home price-to-income ratio in Lakewood Shores, Illinois is 2.8x (median home value $217,100 vs. median income $78,693), making it relatively affordable by that measure. A ratio under 4.0 is generally considered affordable.

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