Lakewood vs New Goshen

A side-by-side comparison of Lakewood and New Goshen: population, income, housing, and more.

Lakewood and New Goshen are places in Indiana. This page compares them across population, income, housing, education, commuting, and how each has changed since 2019.

New Goshen has the higher population (649 vs 530 in Lakewood). Lakewood has the higher median household income ($107,574 vs $81,528 in New Goshen). Lakewood has the higher median home value ($269,400 vs $96,100 in New Goshen).

Population, income & housing

	Lakewood	New Goshen
Population	530	649
Median age	48.5 yrs	24.4 yrs
Median household income	$107,574	$81,528
Median home value	$269,400	$96,100
Housing units	221	195
Homeownership rate	100.0%	72.8%
Bachelor's degree or higher	47.7%	16.5%
Unemployment rate	9.3%	11.8%

Trends (ACS 5-year, 2019–2023)

	Lakewood	New Goshen
Population	748 → 530 (-29.1%)	434 → 649 (+49.5%)
Median household income	$99,351 → $107,574 (+8.3%)	$65,156 → $81,528 (+25.1%)
Median home value	$237,900 → $269,400 (+13.2%)	$96,800 → $96,100 (-0.7%)

Lakewood

Population

748530

Median household income

$99,351$107,574

Median home value

$237,900$269,400

New Goshen

Population

434649

Median household income

$65,156$81,528

Median home value

$96,800$96,100

Age & race/ethnicity

Age distribution (share)

	Lakewood	New Goshen
Under 5	5.3%	2.2%
5 to 17	17.9%	13.9%
18 to 24	0.0%	39.1%
25 to 34	9.1%	2.6%
35 to 44	14.9%	18.8%
45 to 54	9.6%	9.6%
55 to 64	18.5%	8.2%
65 to 74	17.2%	1.4%
75 and over	7.5%	4.3%

Race & ethnicity (share)

	Lakewood	New Goshen
White (non-Hispanic)	100.0%	77.8%
Black or African American	0.0%	8.2%
American Indian & Alaska Native	0.0%	0.0%
Asian	0.0%	0.0%
Native Hawaiian & Pacific Islander	0.0%	0.0%
Some other race	0.0%	0.0%
Two or more races	0.0%	9.6%
Hispanic or Latino	0.0%	4.5%

Educational attainment (age 25+)

Share of adults 25+

	Lakewood	New Goshen
No high school diploma	0.0%	5.8%
High school graduate	26.0%	44.7%
Some college or associate's	26.3%	33.0%
Bachelor's degree	23.3%	5.8%
Graduate or professional degree	24.3%	10.7%

Commute to work

How workers get to work (share)

	Lakewood	New Goshen
Drove alone	67.0%	85.1%
Carpooled	15.2%	14.9%
Public transit	0.0%	0.0%
Walked	0.0%	0.0%
Bicycle	0.0%	0.0%
Worked from home	17.9%	0.0%
Other means	0.0%	0.0%

Housing

Units in structure (share)

	Lakewood	New Goshen
1-unit, detached	100.0%	87.2%
1-unit, attached	0.0%	0.0%
2 to 4 units	0.0%	8.7%
5 to 19 units	0.0%	0.0%
20 or more units	0.0%	0.0%
Mobile home & other	0.0%	4.1%

Poverty & households

	Lakewood	New Goshen
Poverty rate	0.0%	5.4%
Average household size	2.38	3.33
Mean commute (minutes)	20	26
Median year structure built	1992	1938