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The total population of Lakewood is estimated to be 4,698 with 2,427 males (51.66%) and 2,271 females (48.34%). There are 156 less females than males in Lakewood.
The median household income in Lakewood was $169,138 in 2021, which marked an a decrease of 361(0.21%) from $169,499 in 2020. This income is 226.71% of the U.S. median household income of $74,606 (all incomes in 2022 inflation-adjusted dollars).
Per the latest American Community Survey by the Census Bureau, Lakewood sees its highest median household income among householders in the age group of 25 to 44 years old, at $182,339. Overall, the median household income for the village of Lakewood stands at $169,138.
In Lakewood, the median income for all workers aged 15 years and older, regardless of work hours, was $95,796 for males and $54,323 for females. However, when specifically considering full-time, year-round workers within the same age group, the median income was $165,638 for males and $71,804 for females.
In Lakewood, population is primarily represented by White households, reporting a median income of $174,147.
In 2022, the population of Lakewood was 4,290, a 0.26% decrease year-by-year from 2021. Previously, in 2021, Lakewood's population was 4,301, an increase of 0.70% compared to a population of 4,271 in 2020.
The median age in Lakewood, IL is 40.7, as per 2021 ACS 5-Year Estimates. Of the total population, 22.39% were under the age of 15, 15.75% aged 15 to 29, 50.35% aged 30 to 64, 10.80% aged 65 to 84, and 0.71% were 85 years of age and older.
Racial distribution of Lakewood population: 89.93% are White, 1.11% are Black or African American, 0.53% are American Indian and Alaska Native, 2.76% are Asian, 0.20% are some other race and 5.46% are multiracial.