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Lakewood, Texas

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
627
Population
$152,000
Median Income
$522,200
Home Value
53.2
Median Age

Demographics

Lakewood has a population of 627 with a median age of 53.2. Here is the racial and ethnic breakdown of the population:

White
75.0%
Hispanic
21.5%
Asian
8.8%
Black
1.0%
Demographic Value
Total Population627
Median Age53.2
White75.0%
Black or African American1.0%
Asian8.8%
Hispanic or Latino21.5%
Lakewood, Texas — racial composition (Census ACS 2024)Donut chart of 4 segments totaling 106.White: 70.6%Hispanic/Latino: 20.2%Asian: 8.3%Other: 0.9%627PopulationWhiteWhite70.6%Hispanic/LatinoHispanic/Latino20.2%AsianAsian8.3%OtherOther0.9%

Income & Economy

The median household income in Lakewood is $152,000, which is 88.6% above the national median of $80,610. The per capita income is $91,368. The poverty rate is 5.1%.

$152,000
Median Household Income
$91,368
Per Capita Income
5.1%
Poverty Rate

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Education

In Lakewood, 97.1% of residents age 25+ have a high school diploma or higher, and 38.7% hold a bachelor's degree or higher (13.9% with a graduate or professional degree).

HS Diploma+
97.1%
Bachelor's+
38.7%
Graduate+
13.9%
Education Level % of Adults (25+)
High School Diploma or Higher97.1%
Bachelor's Degree or Higher38.7%
Graduate or Professional Degree13.9%

Housing

The median home value in Lakewood is $522,200, above the national median of $303,400. The homeownership rate is 97.9%.

$522,200
Median Home Value
97.9%
Homeownership Rate
Housing Metric Value
Median Home Value$522,200
Homeownership Rate97.9%
Vacancy Rate4.3%

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Frequently Asked Questions

What is the population of Lakewood, Texas?
The population of Lakewood, Texas is 627 according to U.S. Census Bureau ACS 2024 5-Year Estimates.
What is the median household income in Lakewood, Texas?
The median household income in Lakewood, Texas is $152,000. This is 88.6% above the national median of $80,610.
What is the median home value in Lakewood, Texas?
The median home value in Lakewood, Texas is $522,200.
What percentage of people in Lakewood have a college degree?
In Lakewood, Texas, 38.7% of adults age 25 and older hold a bachelor's degree or higher, and 97.1% have a high school diploma or higher.
Is Lakewood, Texas an affordable place to live?
The home price-to-income ratio in Lakewood, Texas is 3.4x (median home value $522,200 vs. median income $152,000), making it relatively affordable by that measure. A ratio under 4.0 is generally considered affordable.

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