Lakewood

Population: 530
Median household income: $107,574
Median home value: $269,400

Lakewood is a community in Vigo County, Indiana, home to 530 residents. At $107,574, its median household income sits above Vigo County's $52,525.

From 2022 to 2023, Lakewood's population declined 29.1% from 748 to 530, while its median home value rose 13.2% from $237,900 to $269,400.

The median resident is 48.5 years old. The largest age group is 55 to 64, 18.5% of residents.

Demographics

ACS 2019–2023

Population: 530
Median age: 48.5 yrs
Median household income: $107,574
Median home value: $269,400
Median gross rent: —
Housing units: 221
Homeownership rate: 100.0%
Bachelor's degree or higher: 47.7%
Unemployment rate: 9.3%

Trends

ACS 5-year · 2019–2023

Population

748530

Median household income

$99,351$107,574

Median home value

$237,900$269,400

Year	Population	Median household income	Median home value
2022	748	$99,351	$237,900
2023	530	$107,574	$269,400

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

Age distribution

Under 55.3%

5 to 1717.9%

18 to 240.0%

25 to 349.1%

35 to 4414.9%

45 to 549.6%

55 to 6418.5%

65 to 7417.2%

75 and over7.5%

	Count	Share
Under 5	28	5.3%
5 to 17	95	17.9%
18 to 24	0	0.0%
25 to 34	48	9.1%
35 to 44	79	14.9%
45 to 54	51	9.6%
55 to 64	98	18.5%
65 to 74	91	17.2%
75 and over	40	7.5%

Race & ethnicity

	Count	Share
White (non-Hispanic)	530	100.0%
Black or African American	0	0.0%
American Indian & Alaska Native	0	0.0%
Asian	0	0.0%
Native Hawaiian & Pacific Islander	0	0.0%
Some other race	0	0.0%
Two or more races	0	0.0%
Hispanic or Latino (any race)	0	0.0%

Educational attainment (age 25+)

No high school diploma0.0%

High school graduate26.0%

Some college or associate's26.3%

Bachelor's degree23.3%

Graduate or professional degree24.3%

	Count	Share
No high school diploma	0	0.0%
High school graduate	106	26.0%
Some college or associate's	107	26.3%
Bachelor's degree	95	23.3%
Graduate or professional degree	99	24.3%

Commute to work

Mean travel time to work: 20 min

Drove alone67.0%

Carpooled15.2%

Public transit0.0%

Walked0.0%

Bicycle0.0%

Worked from home17.9%

Other means0.0%

How workers get to work

	Count	Share
Drove alone	150	67.0%
Carpooled	34	15.2%
Public transit	0	0.0%
Walked	0	0.0%
Bicycle	0	0.0%
Worked from home	40	17.9%
Other means	0	0.0%

Travel time

	Count	Share
Under 15 min	66	35.9%
15 to 29 min	92	50.0%
30 to 44 min	0	0.0%
45 to 59 min	0	0.0%
60+ min	26	14.1%

Households

Average household size: 2.38
Poverty rate: 0.0% (0 of 527)

	Count	Share
Family households	188	85.1%
Nonfamily households	33	14.9%

Housing

Median year structure built: 1992

Occupancy

	Count	Share
Occupied	221	100.0%
Vacant	0	0.0%

Tenure (of occupied units)

	Count	Share
Owner-occupied	221	100.0%
Renter-occupied	0	0.0%

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	221	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: 1841706
Type (LSAD): 57
Land area: 0.28 sq mi
Water area: 0.04 sq mi
Center point: 39.3965, -87.3020