Lakewood Village, TX

Census Place

Add Comparison
2024 Population
627
US Senator
John Cornyn
Republican Party
US Senator
Ted Cruz
Republican Party
2024 Median Age
53.2
7.69% 1-year increase
2024 Poverty Rate
5.1%
25% 1-year increase
2024 Median Household Income
$152,000
1.44% 1-year decline
2024 Median Property Value
$522,200
5.67% 1-year growth
2024 Employed Population
362
17.5% 1-year decline

About

None of the households in Lakewood Village, TX 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.

99.5% of the residents in Lakewood Village, TX are U.S. citizens.

In 2024, the median property value in Lakewood Village, TX was $522,200, and the homeownership rate was 97.9%.

Most people in Lakewood Village, TX drove alone to work, and the average commute time was 33.3 minutes. The average car ownership in Lakewood Village, TX was 2 cars per household.

United StatesTexasDenton County, TXDallas-Fort Worth-Arlington, TXDenton County (North & West)--Denton City (Outer) PUMA, TX

Population & Diversity

Lakewood Village, TX is home to a population of 627 people, from which 99.5% are citizens. As of 2024, 7.18% of Lakewood Village, TX residents were born outside of the country (45 people).

In 2024, there were 5.64 times more White (Non-Hispanic) residents (423 people) in Lakewood Village, TX than any other race or ethnicity. There were 75 Two Races Including Other (Hispanic) and 55 Asian (Non-Hispanic) residents, the second and third most common ethnic groups.

Population & Diversity

Citizenship

99.5%
2024 Citizenship
99.7%
2023 Citizenship

As of 2024, 99.5% of Lakewood Village, TX residents were US citizens, which is higher than the national average of 93.2%. In 2023, the percentage of US citizens in Lakewood Village, TX was 99.7%, meaning that the rate of citizenship has been decreasing.

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

View Data
Save Image

Diversity

Race and Ethnicity

The 3 largest ethnic groups in Lakewood Village, TX
  1. White (Non-Hispanic)
    423 ± 135
  2. Two Races Including Other (Hispanic)
    75 ± 102
  3. Asian (Non-Hispanic)
    55 ± 57
21.5%
Hispanic Population
135 people

In 2024, there were 5.64 times more White (Non-Hispanic) residents (423 people) in Lakewood Village, TX than any other race or ethnicity. There were 75 Two Races Including Other (Hispanic) and 55 Asian (Non-Hispanic) residents, the second and third most common ethnic groups.

21.5% of the people in Lakewood Village, TX are hispanic (135 people).

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

View Data
Save Image

Global Diversity

The PUMS dataset is not available at the Place level, so we are showing data for Texas.
Most Common Origin
  1. Mexico
    2,397,739 ± 36,447 people
  2. India
    325,248 ± 13,925 people
  3. El Salvador
    221,729 ± 11,517 people

In 2023, the most common birthplace for the foreign-born residents of Texas was Mexico, the natal country of 2,397,739 Texas residents, followed by India with 325,248 and El Salvador with 221,729.

View Data
Save Image

Foreign-Born Population

7.18%
2024 Foreign-Born Population
45 people
6.12%
2023 Foreign-Born Population
48 people

As of 2024, 7.18% of Lakewood Village, TX residents (45 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 Village, TX was 6.12%, meaning that the rate has been increasing.

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

View Data
Save Image

Military

Veterans

Most Common Service Period
  1. Gulf War (2001-)
    14 ± 20
  2. Vietnam
    14 ± 27
  3. Gulf War (1990s)
    4 ± 16

Lakewood Village, TX has a large population of military personnel who served in Gulf War (2001-), 1 times greater than any other conflict.

The chart shows the distribution of veterans by conflict in Lakewood Village, TX.

View Data
Save Image

Economy

The economy of Lakewood Village, TX employs 362 people. In 2024, the largest industries in Lakewood Village, TX were Manufacturing (67 people), Retail Trade (47 people), and Finance & Insurance (42 people), and the highest paying industries were Transportation & Warehousing, & Utilities ($241,071), Transportation & Warehousing ($241,071), and Professional, Scientific, & Technical Services ($135,625).

Employment

Occupations

362
2024 Value
± 114
−17.5%
1 Year decline
± 51%

From 2023 to 2024, employment in Lakewood Village, TX declined at a rate of −17.5%, from 439 employees to 362 employees.

The most common job groups, by number of people living in Lakewood Village, TX, are Management Occupations (81 people), Business & Financial Operations Occupations (48 people), and Office & Administrative Support Occupations (47 people). This chart illustrates the share breakdown of the primary jobs held by residents of Lakewood Village, TX.

View Data
Save Image

Unemployment Insurance Claims

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

This chart shows weekly unemployment insurance claims in Texas (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.

View Data
Save Image

Industries

Employment by Industries

362
2024 Value
± 114
−17.5%
1 Year decline
± 51%

From 2023 to 2024, employment in Lakewood Village, TX declined at a rate of −17.5%, from 439 employees to 362 employees.

The most common employment sectors for those who live in Lakewood Village, TX, are Manufacturing (67 people), Retail Trade (47 people), and Finance & Insurance (42 people). This chart shows the share breakdown of the primary industries for residents of Lakewood Village, TX, though some of these residents may live in Lakewood Village, TX and work somewhere else. Census data is tagged to a residential address, not a work address.

View Data
Save Image

Median Earnings by Industry

$60,952
Median earning men ± $15,404
$73,250
Median earning women ± $24,226

The industries with the best median earnings for men in 2024 are Educational Services, & Health Care & Social Assistance ($157,500), Construction ($128,333), and Public Administration ($86,154).

The industries with the best median earnings for women in 2024 are Professional, Scientific, & Management, & Administrative & Waste Management Services ($106,250), Manufacturing ($103,214), and Finance & Insurance, & Real Estate & Rental & Leasing ($99,375).

View Data
Save Image

Employment by Industry Sector

Data is only available at the state level. Showing data for Texas.
Y-Axis
4.59%
Year-over-year growth
Employment change between February 2022 and February 2023

As of February 2023, there are 13.8M people employed in Texas. This represents a 4.59% 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 9.63%.

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

View Data
Save Image

Civics

In the 2024 presidential election, the popular vote in Texas went to Donald J. Trump with 56.1% of the vote. The runner-up was Kamala Harris (42.5%), followed by Jill Stein (0.726%).

John Cornyn and Ted Cruz are the senators currently representing the state of Texas. In the United States, senators are elected to 6-year terms with the terms for individual senators staggered.

Texas is currently represented by 38 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 Village, TX. Showing the available data for Texas.
2024 Election Results
  1. Donald J. Trump (56.1%)
    Republican Party
  2. Kamala Harris (42.5%)
    Democratic Party
  3. Jill Stein (0.726%)
    Green Party

In the 2024 presidential election, the popular vote in Texas went to Donald J. Trump with 56.1% of the vote. The runner-up was Kamala Harris (42.5%), followed by Jill Stein (0.726%).

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

View Data
Save Image

Senator Elections

US Senators from Texas

Senatorial voting results are only available at the state level. Showing data for Texas.
John Cornyn
Senator from Texas2
Assumed office on December 2, 2002
Phil Gramm resigned (effective November 30, 2002) a few weeks before the expiration of his term in hopes that his successor, fellow Republican John Cornyn, could gain seniority over other newly elected senators. However, Cornyn did not gain additional seniority due to a 1980 Rules Committee policy.
Ted Cruz
Senator from Texas1
Assumed office on January 3, 2013

John Cornyn and Ted Cruz are the senators currently representing Texas.

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 Texas over time, excluding special elections, colored by their political party.

View Data
Save Image

Housing & Living

The median property value in Lakewood Village, TX was $522,200 in 2024, which is 1.57 times larger than the national average of $332,700. Between 2023 and 2024 the median property value increased from $494,200 to $522,200, a 5.67% increase. The homeownership rate in Lakewood Village, TX is 97.9%, which is higher than the national average of 65.2%.

People in Lakewood Village, TX have an average commute time of 33.3 minutes, and they drove alone to work. Car ownership in Lakewood Village, TX is approximately the same as the national average, with an average of 2 cars per household.

Housing

Property

$522,200
Median Property Value 2024
±$141,243
$237
Median Property Taxes
±$71

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 Village, TX the largest share of households pay taxes in the $3k+ range.

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

View Data
Save Image
View Data
Save Image

Rent vs Own

97.9%
Homeownership
2024
71%
Homeowners with Mortgage
2024

In 2024, 97.9% of the housing units in Lakewood Village, TX were occupied by their owner. This percentage grew from the previous year's rate of 97.9%.

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

View Data
Save Image

Equity

Household Income

Please note that the buckets used in this visualization were not evenly distributed by ACS when publishing the data.
$152,000
Median Household Income
± $30,999
242
Number of Households
± 70

In 2024, the median household income of the 242 households in Lakewood Village, TX declined from $152,000 from the previous year's value of $154,219.

The following chart displays the households in Lakewood Village, TX 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 $200k+ range.

View Data
Save Image

Wage Distribution

The closest comparable wage GINI for Lakewood Village, TX is from Texas.
0.475
2023 Wage GINI in Texas
0.476
2022 Wage GINI in Texas

In 2023, the income inequality in Texas was 0.475 according to the GINI calculation of the wage distribution. Income inequality had a 0.208% decline from 2022 to 2023, which means that wage distribution grew somewhat more even. The GINI for Texas was lower than than the national average of 0.476. In other words, wages are distributed more evenly in Texas in comparison to the national average.

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

View Data
Save Image

Transportation

Commuter Transportation

Most Common Commute in 2024
  1. Drove Alone (69.7%)
  2. Worked At Home (26.6%)
  3. Carpooled (2.29%)

In 2024, 69.7% of workers in Lakewood Village, TX drove alone to work, followed by those who worked at home (26.6%) and those who carpooled to work (2.29%).

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.

View Data
Save Image

Commute Time

33.3 minutes
Average Travel Time

Using averages, employees in Lakewood Village, TX have a longer commute time (33.3 minutes) than the normal US worker (26.4 minutes). Additionally, 1.56% of the workforce in Lakewood Village, TX have "super commutes" in excess of 90 minutes.

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

View Data
Save Image
View Data
Save Image

Car Ownership

2 cars
Average Number

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

View Data
Save Image

Poverty

Poverty & Diversity

5.1% of the population for whom poverty status is determined in Lakewood Village, TX (32 out of 627 people) live below the poverty line, a number that is lower than the national average of 12.5%. The largest demographic living in poverty are Females 18 - 24, followed by Males 35 - 44 and then Females 5.

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

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.

View Data
Save Image

Health

92.8% of the population of Lakewood Village, TX has health coverage, with 48.6% on employee plans, 9.73% on Medicaid, 19.1% on Medicare, 13.4% on non-group plans, and 1.91% on military or VA plans.

Primary care physicians in Texas see 1,657 patients per year on average, which represents a 0% change from the previous year (1,657 patients). Compare this to dentists who see 1590 patients per year, and mental health providers who see 590 patients per year.

By gender, of the total number of insured persons, 54.7% were men and 45.3% were women.

Coverage

Health Care Diversity

In 2024, insured persons according to age ranges were distributed in 17.7% under 18 years, 12.4% between 18 and 34 years, 45.8% between 35 and 64 years, and 24.1% over 64 years.

By gender, of the total number of insured persons, 54.7% were men and 45.3% were women.

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

View Data
Save Image

Uninsured People

7.18%
Uninsured
48.6%
Employer Coverage
9.73%
Medicaid
19.1%
Medicare
13.4%
Non-Group
1.91%
Military or VA

Between 2023 and 2024, the percent of uninsured citizens in Lakewood Village, TX grew by 6.17% from 6.76% to 7.18%.

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

View Data
Save Image