Lakewood Park, TN

Census Place

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    2024 Population
    1,140
    US Senator
    Marsha Blackburn
    Republican Party
    US Senator
    Bill Hagerty
    Republican Party
    2024 Median Age
    49
    9.93% 1-year decrease
    2024 Poverty Rate
    33.8%
    18.5% 1-year decrease
    2024 Median Household Income
    $42,576
    8.7% 1-year growth
    2022 Median Property Value
    $127,000
    66.4% 1-year growth
    2024 Employed Population
    440
    12% 1-year growth

    About

    None of the households in Lakewood Park, TN reported speaking a non-English language at home as their primary shared language. This does not consider the potential multi-lingual nature of households, but only the primary self-reported language spoken by all members of the household.

    100% of the residents in Lakewood Park, TN are U.S. citizens.

    In 2022, the median property value in Lakewood Park, TN was $127,000, and the homeownership rate was 87.7%.

    Most people in Lakewood Park, TN drove alone to work, and the average commute time was 45.9 minutes. The average car ownership in Lakewood Park, TN was 2 cars per household.

    United StatesTennesseeCoffee County, TNTullahoma-Manchester, TNMacon, Dekalb & Cannon Counties PUMA, TNCoffee, Franklin & Moore Counties--Tullahoma & Manchester cities PUMA, TN

    Population & Diversity

    Lakewood Park, TN is home to a population of 1.14k people, from which 100% are citizens. As of 2024, 2.46% of Lakewood Park, TN residents were born outside of the country (28 people).

    In 2024, there were 17.5 times more White (Non-Hispanic) residents (1.03k people) in Lakewood Park, TN than any other race or ethnicity. There were 59 Asian (Non-Hispanic) and 51 Two Races Excluding Other, & Three or More Races (Non-Hispanic) residents, the second and third most common ethnic groups.

    Population & Diversity

    Citizenship

    100%
    2024 Citizenship
    100%
    2023 Citizenship

    As of 2024, 100% of Lakewood Park, TN residents were US citizens, which is higher than the national average of 93.2%. In 2023, the percentage of US citizens in Lakewood Park, TN was 100%, meaning that the rate of citizenship has been maintaining.

    The following chart shows US citizenship percentages in Lakewood Park, TN compared to that of it's neighboring and parent geographies.

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    Diversity

    Race and Ethnicity

    The 3 largest ethnic groups in Lakewood Park, TN
    1. White (Non-Hispanic)
      1.03k ± 377
    2. Asian (Non-Hispanic)
      59 ± 61
    3. Two Races Excluding Other, & Three or More Races (Non-Hispanic)
      51 ± 49

    In 2024, there were 17.5 times more White (Non-Hispanic) residents (1.03k people) in Lakewood Park, TN than any other race or ethnicity. There were 59 Asian (Non-Hispanic) and 51 Two Races Excluding Other, & Three or More Races (Non-Hispanic) residents, the second and third most common ethnic groups.

    The following chart shows the 8 races represented in Lakewood Park, TN as a share of the total population.

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    Global Diversity

    The PUMS dataset is not available at the Place level, so we are showing data for Tennessee.
    Most Common Origin
    1. Mexico
      95,077 ± 7,519 people
    2. Guatemala
      31,959 ± 4,379 people
    3. Honduras
      26,792 ± 4,011 people

    In 2024, the most common birthplace for the foreign-born residents of Tennessee was Mexico, the natal country of 95,077 Tennessee residents, followed by Guatemala with 31,959 and Honduras with 26,792.

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    Foreign-Born Population

    2.46%
    2024 Foreign-Born Population
    28 people
    2.46%
    2023 Foreign-Born Population
    25 people

    As of 2024, 2.46% of Lakewood Park, TN residents (28 people) were born outside of the United States, which is approximately the same as the national average of 14%. In 2023, the percentage of foreign-born citizens in Lakewood Park, TN was 2.46%, meaning that the rate has been decreasing.

    The following chart shows the percentage of foreign-born residents in Lakewood Park, TN compared to that of it's neighboring and parent geographies.

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    Military

    Veterans

    Vietnam
    Most Common Service Period
    28 ± 35

    The chart shows the distribution of veterans by conflict in Lakewood Park, TN.

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    Health

    88.2% of the population of Lakewood Park, TN has health coverage, with 37.5% on employee plans, 36.1% on Medicaid, 11.3% on Medicare, 3.25% on non-group plans, and 0% on military or VA plans.

    Primary care physicians in Tennessee see 1,437 patients per year on average, which represents a 0% change from the previous year (1,437 patients). Compare this to dentists who see 1779 patients per year, and mental health providers who see 500 patients per year.

    By gender, of the total number of insured persons, 49.6% were men and 50.4% were women.

    Coverage

    Health Care Diversity

    In 2024, insured persons according to age ranges were distributed in 21.9% under 18 years, 19.8% between 18 and 34 years, 42.1% between 35 and 64 years, and 16.1% over 64 years.

    By gender, of the total number of insured persons, 49.6% were men and 50.4% were women.

    The following chart shows the number of people with health coverage by gender.

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    Uninsured People

    11.8%
    Uninsured
    37.5%
    Employer Coverage
    36.1%
    Medicaid
    11.3%
    Medicare
    3.25%
    Non-Group
    0%
    Military or VA

    Between 2023 and 2024, the percent of uninsured citizens in Lakewood Park, TN declined by 27.5% from 16.3% to 11.8%.

    The following chart shows how the percent of uninsured individuals in Lakewood Park, TN changed over time compared with the percent of individuals enrolled in various types of health insurance.

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    Economy

    The economy of Lakewood Park, TN employs 440 people. In 2024, the largest industries in Lakewood Park, TN were Manufacturing (175 people), Accommodation & Food Services (77 people), and Wholesale Trade (55 people), and the highest paying industries were Manufacturing ($57,537), Arts, Entertainment, & Recreation, & Accommodations & Food Services ($19,315), and Accommodation & Food Services ($18,839).

    Employment

    Occupations

    440
    2024 Value
    ± 192
    12%
    1 Year growth
    ± 55.9%

    From 2023 to 2024, employment in Lakewood Park, TN grew at a rate of 12%, from 393 employees to 440 employees.

    The most common job groups, by number of people living in Lakewood Park, TN, are Production Occupations (102 people), Management Occupations (83 people), and Architecture & Engineering Occupations (52 people). This chart illustrates the share breakdown of the primary jobs held by residents of Lakewood Park, TN.

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    Unemployment Insurance Claims

    Data is only available at the state level. Showing data for Tennessee.

    This chart shows weekly unemployment insurance claims in Tennessee (not-seasonally adjusted) compared with the four states with the most similar impact.

    The most recent data point uses Advance State Claims data, which can be revised in subsequent weeks.

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    Industries

    Employment by Industries

    440
    2024 Value
    ± 192
    12%
    1 Year growth
    ± 55.9%

    From 2023 to 2024, employment in Lakewood Park, TN grew at a rate of 12%, from 393 employees to 440 employees.

    The most common employment sectors for those who live in Lakewood Park, TN, are Manufacturing (175 people), Accommodation & Food Services (77 people), and Wholesale Trade (55 people). This chart shows the share breakdown of the primary industries for residents of Lakewood Park, TN, though some of these residents may live in Lakewood Park, TN and work somewhere else. Census data is tagged to a residential address, not a work address.

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    Median Earnings by Industry

    $59,853
    Median earning men ± $14,047
    $29,831
    Median earning women ± $12,739

    The industries with the best median earnings for men in 2024 are Manufacturing ($59,706).

    The industries with the best median earnings for women in 2024 are Manufacturing ($30,536) and Arts, Entertainment, & Recreation, & Accommodations & Food Services ($18,884).

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    Employment by Industry Sector

    Data is only available at the state level. Showing data for Tennessee.
    Y-Axis
    3.15%
    Year-over-year growth
    Employment change between February 2022 and February 2023

    As of February 2023, there are 3.29M people employed in Tennessee. This represents a 3.15% increase in employment when compared to February 2022.

    Right after the beginning of the COVID-19 pandemic, during April 2020, a general dip can be seen across industry sectors, resulting in an overall decline in employment by 10.8%.

    The following chart shows monthly employment numbers for each industry sector in Tennessee.

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    Civics

    In the 2024 presidential election, the popular vote in Tennessee went to Donald J. Trump with 64.2% of the vote. The runner-up was Kamala Harris (34.5%), followed by Robert Kennedy (0.703%).

    Marsha Blackburn and Bill Hagerty are the senators currently representing the state of Tennessee. In the United States, senators are elected to 6-year terms with the terms for individual senators staggered.

    Tennessee is currently represented by 9 members in the U.S. house, and members of the House of Representives are elected to 2-year terms.

    Presidential Elections

    Voting results are not available for Lakewood Park, TN. Showing the available data for Tennessee.
    2024 Election Results
    1. Donald J. Trump (64.2%)
      Republican Party
    2. Kamala Harris (34.5%)
      Democratic Party
    3. Robert Kennedy (0.703%)
      Independent Party

    In the 2024 presidential election, the popular vote in Tennessee went to Donald J. Trump with 64.2% of the vote. The runner-up was Kamala Harris (34.5%), followed by Robert Kennedy (0.703%).

    The following chart shows the popular vote results in Tennessee for each registered party from 1976 to 2024.

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    Senator Elections

    US Senators from Tennessee

    Senatorial voting results are only available at the state level. Showing data for Tennessee.
    Marsha Blackburn
    Senator from Tennessee1
    Assumed office on January 3, 2019
    Bill Hagerty
    Senator from Tennessee2
    Assumed office on January 3, 2021

    Marsha Blackburn and Bill Hagerty are the senators currently representing Tennessee.

    In the United States, senators are elected to 6-year terms with the terms for individual senators staggered.

    The following chart shows elected senators in Tennessee over time, excluding special elections, colored by their political party.

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    Housing & Living

    The median property value in Lakewood Park, TN was $127,000 in 2022, which is 0.382 times smaller than the national average of $332,700. Between 2021 and 2022 the median property value increased from $76,300 to $127,000, a 66.4% increase. The homeownership rate in Lakewood Park, TN is 87.7%, which is higher than the national average of 65.2%.

    People in Lakewood Park, TN have an average commute time of 45.9 minutes, and they drove alone to work. Car ownership in Lakewood Park, TN is approximately the same as the national average, with an average of 2 cars per household.

    Housing

    Property

    $127,000
    Median Property Value 2022
    ±$101,330
    $405
    Median Property Taxes
    ±$152

    The following chart display owner-occupied housing units distributed between a series of property tax buckets compared to the national averages for each bucket. In Lakewood Park, TN the largest share of households pay taxes in the $800 - $1,499 range.

    The chart underneath the paragraph shows the property taxes in Lakewood Park, TN compared to it's parent and neighbor geographies.

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    Rent vs Own

    87.7%
    Homeownership
    2024
    66.3%
    Homeowners with Mortgage
    2024

    In 2024, 87.7% of the housing units in Lakewood Park, TN were occupied by their owner. This percentage grew from the previous year's rate of 80.2%.

    This chart shows the percentage of owner in Lakewood Park, TN compared it's parent and neighboring geographies.

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    Equity

    Household Income

    Please note that the buckets used in this visualization were not evenly distributed by ACS when publishing the data.
    $42,576
    Median Household Income
    ± $14,270
    462
    Number of Households
    ± 171

    In 2024, the median household income of the 462 households in Lakewood Park, TN grew to $42,576 from the previous year's value of $39,167.

    The following chart displays the households in Lakewood Park, TN distributed between a series of income buckets compared to the national averages for each bucket. The largest share of households have an income in the $100k - $125k range.

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    Wage Distribution

    The closest comparable wage GINI for Lakewood Park, TN is from Tennessee.
    0.457
    2024 Wage GINI in Tennessee
    0.459
    2023 Wage GINI in Tennessee

    In 2024, the income inequality in Tennessee was 0.457 according to the GINI calculation of the wage distribution. Income inequality had a 0.505% decline from 2023 to 2024, which means that wage distribution grew somewhat more even. The GINI for Tennessee was lower than than the national average of 0.474. In other words, wages are distributed more evenly in Tennessee in comparison to the national average.

    This chart shows the number of workers in Tennessee across various wage buckets compared to the national average.

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    Transportation

    Commuter Transportation

    Most Common Commute in 2024
    1. Drove Alone (68%)
    2. Worked At Home (21.4%)
    3. Carpooled (10.7%)

    In 2024, 68% of workers in Lakewood Park, TN drove alone to work, followed by those who worked at home (21.4%) and those who carpooled to work (10.7%).

    The following chart shows the number of households using each mode of transportation over time, using a logarithmic scale on the y-axis to help better show variations in the smaller means of commuting.

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    Commute Time

    45.9 minutes
    Average Travel Time

    Using averages, employees in Lakewood Park, TN have a longer commute time (45.9 minutes) than the normal US worker (26.4 minutes). Additionally, 2.02% of the workforce in Lakewood Park, TN have "super commutes" in excess of 90 minutes.

    The chart below shows how the median household income in Lakewood Park, TN compares to that of it's neighboring and parent geographies.

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    Car Ownership

    2 cars
    Average Number

    The following chart displays the households in Lakewood Park, TN distributed between a series of car ownership buckets compared to the national averages for each bucket. The largest share of households in Lakewood Park, TN have 2 cars.

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    Poverty

    Poverty & Diversity

    33.8% of the population for whom poverty status is determined in Lakewood Park, TN (385 out of 1.14k people) live below the poverty line, a number that is higher than the national average of 12.5%. The largest demographic living in poverty are Males 18 - 24, followed by Females 55 - 64 and then Males 12 - 14.

    The most common racial or ethnic group living below the poverty line in Lakewood Park, TN is White, followed by Two Or More and Asian.

    The Census Bureau uses a set of money income thresholds that vary by family size and composition to determine who classifies as impoverished. If a family's total income is less than the family's threshold than that family and every individual in it is considered to be living in poverty.

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