Lakewood Park, FL
Population 14,077 · Florida
About Lakewood Park, FL
Lakewood Park is a mid-sized city located in Florida with a population of 14,077 residents according to the latest US Census Bureau American Community Survey data. The median household income is $64,848 per year, which is 14% below the national median of $75,149. The median age of 51.2 years is notably older the US median age of 38.9 years, suggesting a more established community with a higher proportion of long-term residents.
Housing Market Overview
The housing market in Lakewood Park features a median home value of $252,900, which is 3% above the national median of $244,900. This positions Lakewood Park in a moderately priced market relative to the rest of the country. Median monthly rent is $1,185, 2% above the national average of $1,163/month. Of the 6,161 total housing units, 81% are owner-occupied (4,502 units) and 19% are renter-occupied (1,025 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Lakewood Park shows an unemployment rate of 4.2%, which is near the national rate of 3.7%. The poverty rate stands at 10.7%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Lakewood Park have an average one-way commute time of 34.4 minutes.
Education & Demographics
17.5% of Lakewood Park residents aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. The lower educational attainment rate may reflect the area's industry mix, with more employment in trades, manufacturing, or agricultural sectors. The community's demographic composition includes 2.2% White, 1.5% Hispanic or Latino, 1.8% Black or African American, and 3.3% Asian residents, with 11.8% of the population being foreign-born.
Cost of Living in Lakewood Park, FL
Compared to national averages, Lakewood Park has a median household income of $64,848 (14% below the national median of $75,149). Home values average $252,900, which is 3% above the national median. Monthly rent at $1,185 is 2% above the US average of $1,163. Within Florida, Lakewood Park's income is 15% below the state average of $75,893, and home values are 28% below the state median of $353,675.
Why Live in Lakewood Park, FL?
Lakewood Park offers a low poverty rate of 10.7%, better than the national average.
Potential considerations include median household income ($64,848) that falls below the national average. However, Lakewood Park’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Lakewood Park has a population of 14,077 with a median age of 51.2 years. Compare Lakewood Park with other cities to see how it stacks up, or explore all cities in Florida.
Similar Cities Near Lakewood Park
Cities in Florida with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Destin | 14,018 | $89,141 | $455,100 | Compare |
| Southchase | 14,149 | $85,573 | $344,900 | Compare |
| Bellair-Meadowbrook Terrace | 13,887 | $56,887 | $218,700 | Compare |
| Elfers | 13,877 | $52,979 | $173,400 | Compare |
| East Milton | 14,280 | $61,922 | $199,900 | Compare |
| Iona | 14,290 | $66,143 | $295,700 | Compare |
| Gonzalez | 13,861 | $81,080 | $249,800 | Compare |
| Hobe Sound | 14,313 | $63,233 | $323,700 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in Florida
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
Compare Lakewood Park With Other Cities
Frequently Asked Questions about Lakewood Park
What is the population of Lakewood Park, FL?
The population of Lakewood Park, FL is 14,077 according to the latest US Census Bureau American Community Survey estimates. This makes it a mid-sized city in Florida.
What is the median household income in Lakewood Park?
The median household income in Lakewood Park, FL is $64,848 per year, which is 14% below the national median of $75,149.
What is the median home value in Lakewood Park?
The median home value in Lakewood Park, FL is $252,900, which is 3% above the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Lakewood Park?
The median monthly rent in Lakewood Park, FL is $1,185, which is 2% above the national average of $1,163/month.
What is the unemployment rate in Lakewood Park?
The unemployment rate in Lakewood Park, FL is 4.2%, compared to the national average of 3.7%. Job seekers may want to research the dominant industries in the area.
Is Lakewood Park, FL a good place to live?
Lakewood Park offers a moderate cost of living, a competitive housing market, and growing employment opportunities. With a population of 14,077 and a median age of 51.2, the city appeals to established professionals and retirees.
How educated is Lakewood Park, FL?
17.5% of residents in Lakewood Park aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. The educational profile reflects the area's industry mix and employment landscape.
What is the cost of living in Lakewood Park?
Key cost-of-living indicators for Lakewood Park, FL: median home value is $252,900 (3% above national), median rent is $1,185/month, and median household income is $64,848. The home-value-to-income ratio is 3.9x, a moderate figure by national standards.
What is the poverty rate in Lakewood Park?
The poverty rate in Lakewood Park, FL is 10.7%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Lakewood Park, FL?
Lakewood Park's population is 2.2% White, 1.5% Hispanic or Latino, 1.8% Black or African American, 3.3% Asian, and 15.2% two or more races. 11.8% of residents are foreign-born.