Lakewood Shores

Population: 433
Median household income: $76,500
Median home value: $181,300

Lakewood Shores is a community in Will County, Illinois, home to 433 residents. At $76,500, its median household income sits below Will County's $107,799.

From 2019 to 2023, Lakewood Shores's population declined 70.3% from 1,459 to 433, while its median home value rose 19.7% from $151,400 to $181,300.

8.5% of adults 25 and older hold a bachelor's degree or higher. Owners occupy 77.4% of the area's occupied homes.

Demographics

ACS 2019–2023

Population: 433
Median age: 45.5 yrs
Median household income: $76,500
Median home value: $181,300
Median gross rent: $1,339
Housing units: 255
Homeownership rate: 77.4%
Bachelor's degree or higher: 8.5%
Unemployment rate: 2.6%

Trends

ACS 5-year · 2019–2023

Population

1,459433

Median household income

$63,625$76,500

Median home value

$151,400$181,300

Median gross rent

$1,286$1,339

Year	Population	Median household income	Median home value	Median gross rent
2019	1,459	$63,625	$151,400	$1,286
2020	566	$66,417	$144,000	$1,339
2021	561	$68,250	$155,900	$1,458
2022	550	$70,000	$180,700	$1,343
2023	433	$76,500	$181,300	$1,339

Each year is a US Census Bureau ACS 5-year estimate ending that year.

Age distribution

Under 50.2%

5 to 1718.7%

18 to 244.8%

25 to 3412.0%

35 to 4412.2%

45 to 5413.2%

55 to 6416.4%

65 to 7415.9%

75 and over6.5%

	Count	Share
Under 5	1	0.2%
5 to 17	81	18.7%
18 to 24	21	4.8%
25 to 34	52	12.0%
35 to 44	53	12.2%
45 to 54	57	13.2%
55 to 64	71	16.4%
65 to 74	69	15.9%
75 and over	28	6.5%

Race & ethnicity

	Count	Share
White (non-Hispanic)	387	89.4%
Black or African American	15	3.5%
American Indian & Alaska Native	0	0.0%
Asian	17	3.9%
Native Hawaiian & Pacific Islander	0	0.0%
Some other race	0	0.0%
Two or more races	3	0.7%
Hispanic or Latino (any race)	11	2.5%

Educational attainment (age 25+)

No high school diploma3.9%

High school graduate35.8%

Some college or associate's51.8%

Bachelor's degree8.5%

Graduate or professional degree0.0%

	Count	Share
No high school diploma	13	3.9%
High school graduate	118	35.8%
Some college or associate's	171	51.8%
Bachelor's degree	28	8.5%
Graduate or professional degree	0	0.0%

Commute to work

Mean travel time to work: 25 min

Drove alone86.4%

Carpooled8.4%

Public transit0.0%

Walked0.0%

Bicycle0.0%

Worked from home5.2%

Other means0.0%

How workers get to work

	Count	Share
Drove alone	165	86.4%
Carpooled	16	8.4%
Public transit	0	0.0%
Walked	0	0.0%
Bicycle	0	0.0%
Worked from home	10	5.2%
Other means	0	0.0%

Travel time

	Count	Share
Under 15 min	47	26.0%
15 to 29 min	70	38.7%
30 to 44 min	42	23.2%
45 to 59 min	12	6.6%
60+ min	10	5.5%

Households

Average household size: 2.28
Poverty rate: 12.2% (53 of 433)

	Count	Share
Family households	122	64.2%
Nonfamily households	68	35.8%

Housing

Median year structure built: 1963

Occupancy

	Count	Share
Occupied	190	74.5%
Vacant	65	25.5%

Tenure (of occupied units)

	Count	Share
Owner-occupied	147	77.4%
Renter-occupied	43	22.6%

1-unit, detached100.0%

1-unit, attached0.0%

2 to 4 units0.0%

5 to 19 units0.0%

20 or more units0.0%

Mobile home & other0.0%

Units in structure

	Count	Share
1-unit, detached	255	100.0%
1-unit, attached	0	0.0%
2 to 4 units	0	0.0%
5 to 19 units	0	0.0%
20 or more units	0	0.0%
Mobile home & other	0	0.0%

Geography

Place GEOID: 1741716
Type (LSAD): 57
Land area: 0.35 sq mi
Water area: 0.08 sq mi
Center point: 41.2801, -88.1428