Lakewood Shores, IL
Population 433 · Illinois
About Lakewood Shores, IL
Lakewood Shores is a small community in Illinois with a population of 433 residents. The median household income is $76,500 per year, which is above the national average. The median age in Lakewood Shores is 45.5 years.
Housing in Lakewood Shores has a median home value of $181,300 and median monthly rent of $1,339. Of the 255 total housing units, the majority are owner-occupied, with 147 owner-occupied and 43 renter-occupied units.
The unemployment rate in Lakewood Shores is 2.6% and the poverty rate is 12.2%. 8.5% of residents hold a bachelor's degree or higher. The average commute time is 25.2 minutes.
Cost of Living in Lakewood Shores, IL
Compared to national averages, Lakewood Shores has a median household income of $76,500 (2% above the national median of $75,149). Home values average $181,300, which is 26% below the national median. Monthly rent at $1,339 is 15% above the US average of $1,163. Within Illinois, Lakewood Shores's income is 2% above the state average of $75,072, and home values are 9% above the state median of $165,779.
Why Live in Lakewood Shores, IL?
Lakewood Shores offers a strong local economy with a median household income of $76,500, well above the national average, and affordable housing with a median home value of $181,300, below the US average of $244,900, and a strong job market with an unemployment rate of just 2.6%. Additionally, the city features a low poverty rate of 12.2%, better than the national average.
Lakewood Shores has a population of 433 with a median age of 45.5 years. Compare Lakewood Shores with other cities to see how it stacks up, or explore all cities in Illinois.
Similar Cities Near Lakewood Shores
Cities in Illinois with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Prairie du Rocher | 432 | $60,313 | $85,400 | Compare |
| Ashley | 428 | $47,031 | $70,700 | Compare |
| Ruma | 438 | $71,875 | $125,000 | Compare |
| Custer Park | 426 | $173,274 | $218,800 | Compare |
| Andover | 425 | $68,281 | $139,600 | Compare |
| Davis | 425 | $64,107 | $150,000 | Compare |
| Hartsburg | 441 | $72,500 | $89,500 | Compare |
| Olive Branch | 441 | $27,250 | $58,700 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in Illinois
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
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Frequently Asked Questions about Lakewood Shores
What is the population of Lakewood Shores, IL?
The population of Lakewood Shores, IL is 433 according to the latest Census data.
What is the median household income in Lakewood Shores?
The median household income in Lakewood Shores, IL is $76,500 per year.
What is the median home value in Lakewood Shores?
The median home value in Lakewood Shores, IL is $181,300.
What is the average rent in Lakewood Shores?
The median monthly rent in Lakewood Shores, IL is $1,339.
What is the unemployment rate in Lakewood Shores?
The unemployment rate in Lakewood Shores, IL is 2.6%.