Lakewood Village, TX
Population 784 · Texas
About Lakewood Village, TX
Lakewood Village is a small community in Texas with a population of 784 residents. The median household income is $154,219 per year, which is above the national average. The median age in Lakewood Village is 49.4 years.
Housing in Lakewood Village has a median home value of $494,200 and median monthly rent of $0. Of the 299 total housing units, the majority are owner-occupied, with 281 owner-occupied and 6 renter-occupied units.
The unemployment rate in Lakewood Village is 2.0% and the poverty rate is 4.1%. 37.5% of residents hold a bachelor's degree or higher. The average commute time is 33.4 minutes.
Cost of Living in Lakewood Village, TX
Compared to national averages, Lakewood Village has a median household income of $154,219 (105% above the national median of $75,149). Home values average $494,200, which is 102% above the national median. Monthly rent at $0 is 100% below the US average of $1,163. Within Texas, Lakewood Village's income is 112% above the state average of $72,726, and home values are 133% above the state median of $211,769.
Why Live in Lakewood Village, TX?
Lakewood Village offers a strong local economy with a median household income of $154,219, well above the national average, and rent that’s lower than the national average at $0/month, and a strong job market with an unemployment rate of just 2.0%. Additionally, the city features a well-educated community where 37.5% of residents hold a bachelor’s degree or higher, and a low poverty rate of 4.1%, better than the national average.
Potential considerations include a competitive housing market where the typical home costs $494,200. However, Lakewood Village’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Lakewood Village has a population of 784 with a median age of 49.4 years. Compare Lakewood Village with other cities to see how it stacks up, or explore all cities in Texas.
Similar Cities Near Lakewood Village
Cities in Texas with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Bardwell | 786 | $56,797 | $108,300 | Compare |
| Lometa | 787 | $53,333 | $118,300 | Compare |
| Petersburg | 787 | $38,636 | $71,400 | Compare |
| Road Runner | 781 | $42,500 | $151,400 | Compare |
| Sand Springs | 781 | $46,230 | $102,500 | Compare |
| Crowell | 788 | $38,750 | $72,000 | Compare |
| Blooming Grove | 779 | $67,143 | $104,500 | Compare |
| Beckville | 776 | $49,000 | $110,200 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in Texas
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
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Frequently Asked Questions about Lakewood Village
What is the population of Lakewood Village, TX?
The population of Lakewood Village, TX is 784 according to the latest Census data.
What is the median household income in Lakewood Village?
The median household income in Lakewood Village, TX is $154,219 per year.
What is the median home value in Lakewood Village?
The median home value in Lakewood Village, TX is $494,200.
What is the average rent in Lakewood Village?
The median monthly rent in Lakewood Village, TX is $0.
What is the unemployment rate in Lakewood Village?
The unemployment rate in Lakewood Village, TX is 2.0%.