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Lakewood, South Carolina

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
3,544
Population
$56,500
Median Income
$294,200
Home Value
43.0
Median Age

Demographics

Lakewood has a population of 3,544 with a median age of 43.0. Here is the racial and ethnic breakdown of the population:

White
48.6%
Black
35.2%
Other
15.9%
Demographic Value
Total Population3,544
Median Age43.0
White48.6%
Black or African American35.2%
Asian0.3%
Other / Two or More Races15.9%
Lakewood, South Carolina — racial composition (Census ACS 2024)Donut chart of 4 segments totaling 100.White: 48.6%Black: 35.2%Other: 15.9%Other: 0.3%3,544PopulationWhiteWhite48.6%BlackBlack35.2%OtherOther15.9%OtherOther0.3%

Income & Economy

The median household income in Lakewood is $56,500, which is 29.9% below the national median of $80,610. The per capita income is $34,018. The poverty rate is 8.2%.

$56,500
Median Household Income
$34,018
Per Capita Income
8.2%
Poverty Rate

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Education

In Lakewood, 89.4% of residents age 25+ have a high school diploma or higher, and 17.0% hold a bachelor's degree or higher (6.2% with a graduate or professional degree).

HS Diploma+
89.4%
Bachelor's+
17.0%
Graduate+
6.2%
Education Level % of Adults (25+)
High School Diploma or Higher89.4%
Bachelor's Degree or Higher17.0%
Graduate or Professional Degree6.2%

Housing

The median home value in Lakewood is $294,200, below the national median of $303,400. The median monthly rent is $939. The homeownership rate is 70.8%.

$294,200
Median Home Value
$939/mo
Median Rent
70.8%
Homeownership Rate
Housing Metric Value
Median Home Value$294,200
Median Monthly Rent$939
Homeownership Rate70.8%
Vacancy Rate11.4%

Salaries in South Carolina

Explore salary data for popular occupations in South Carolina:

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Other Cities in South Carolina

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Frequently Asked Questions

What is the population of Lakewood, South Carolina?
The population of Lakewood, South Carolina is 3,544 according to U.S. Census Bureau ACS 2024 5-Year Estimates.
What is the median household income in Lakewood, South Carolina?
The median household income in Lakewood, South Carolina is $56,500. This is 29.9% below the national median of $80,610.
What is the median home value in Lakewood, South Carolina?
The median home value in Lakewood, South Carolina is $294,200. The median monthly rent is $939.
What percentage of people in Lakewood have a college degree?
In Lakewood, South Carolina, 17.0% of adults age 25 and older hold a bachelor's degree or higher, and 89.4% have a high school diploma or higher.
Is Lakewood, South Carolina an affordable place to live?
The home price-to-income ratio in Lakewood, South Carolina is 5.2x (median home value $294,200 vs. median income $56,500), making it moderately affordable by that measure. A ratio under 4.0 is generally considered affordable.

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