Lakewood Village, TX

Census Place

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2022 Population

747

21.7% 1-year growth

US Senator

John Cornyn

Republican Party

US Senator

Ted Cruz

Republican Party

2022 Median Age

48.5

3.58% 1-year decrease

2022 Poverty Rate

7.23%

14.6% 1-year decrease

2022 Median Household Income

$168,750

8.29% 1-year growth

2022 Median Property Value

$416,700

11.4% 1-year growth

About

In 2022, Lakewood Village, TX had a population of 747 people with a median age of 48.5 and a median household income of $168,750. Between 2021 and 2022 the population of Lakewood Village, TX grew from 614 to 747, a 21.7% increase and its median household income grew from $155,833 to $168,750, a 8.29% increase.

The 5 largest ethnic groups in Lakewood Village, TX are White (Non-Hispanic) (74.3%), White (Hispanic) (10.4%), Two+ (Hispanic) (9.77%), Asian (Non-Hispanic) (2.95%), and Other (Hispanic) (0.937%).

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.

99.2% of the residents in Lakewood Village, TX are U.S. citizens.

In 2022, the median property value in Lakewood Village, TX was $416,700, and the homeownership rate was 97.8%.

Most people in Lakewood Village, TX drove alone to work, and the average commute time was 32.9 minutes. The average car ownership in Lakewood Village, TX was 2 cars per household.

United States Texas Denton County, TX Dallas-Fort Worth-Arlington, TX Denton County (North & West)--Denton City (Outer) PUMA, TX

Population & Diversity

Lakewood Village, TX is home to a population of 747 people, from which 99.2% are citizens. As of 2022, 3.61% of Lakewood Village, TX residents were born outside of the country (27 people).

In 2022, there were 7.12 times more White (Non-Hispanic) residents (555 people) in Lakewood Village, TX than any other race or ethnicity. There were 78 White (Hispanic) and 73 Two+ (Hispanic) residents, the second and third most common ethnic groups.

Citizenship

99.2%

2022 Citizenship

98.4%

2021 Citizenship

As of 2022, 99.2% of Lakewood Village, TX residents were US citizens, which is higher than the national average of 93.5%. In 2021, the percentage of US citizens in Lakewood Village, TX was 98.4%, meaning that the rate of citizenship has been increasing.

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

Diversity

Race and Ethnicity

The 3 largest ethnic groups in Lakewood Village, TX

White (Non-Hispanic)
555 ± 187
White (Hispanic)
78 ± 91
Two+ (Hispanic)
73 ± 115

21.2%

Hispanic Population

158 people

21.2% of the people in Lakewood Village, TX are hispanic (158 people).

The following chart shows the 7 races represented in Lakewood Village, TX as a share of the total population.

Foreign-Born Population

3.61%

2022 Foreign-Born Population

27 people

5.7%

2021 Foreign-Born Population

35 people

As of 2022, 3.61% of Lakewood Village, TX residents (27 people) were born outside of the United States, which is lower than the national average of 13.6%. In 2021, the percentage of foreign-born citizens in Lakewood Village, TX was 5.7%, meaning that the rate has been decreasing.

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

Military

Veterans

Most Common Service Period

Gulf War (2001-)
23 ± 25
Vietnam
19 ± 28
Gulf War (1990s)
6 ± 17

Lakewood Village, TX has a large population of military personnel who served in Gulf War (2001-), 1.21 times greater than any other conflict.

Economy

The economy of Lakewood Village, TX employs 418 people. The largest industries in Lakewood Village, TX are Manufacturing (62 people), Retail Trade (50 people), and Finance & Insurance (47 people), and the highest paying industries are Real Estate & Rental & Leasing ($168,036), Information ($119,063), and Professional, Scientific, & Technical Services ($115,833).

Employment

Occupations

418

2022 Value

± 120

20.8%

1 Year growth

± 35.3%

From 2021 to 2022, employment in Lakewood Village, TX grew at a rate of 20.8%, from 346 employees to 418 employees.

The most common job groups, by number of people living in Lakewood Village, TX, are Office & Administrative Support Occupations (75 people), Management Occupations (70 people), and Sales & Related Occupations (57 people). This chart illustrates the share breakdown of the primary jobs held by residents of Lakewood Village, TX.

Unemployment Insurance Claims

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

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.

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Industries

Employment by Industries

418

2022 Value

± 120

20.8%

1 Year growth

± 35.3%

From 2021 to 2022, employment in Lakewood Village, TX grew at a rate of 20.8%, from 346 employees to 418 employees.

The most common employment sectors for those who live in Lakewood Village, TX, are Manufacturing (62 people), Retail Trade (50 people), and Finance & Insurance (47 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.

Median Earnings by Industry

$77,083

Median earning men ± $29,060

$57,917

Median earning women ± $22,793

The industries with the best median earnings for men in 2022 are Transportation & Warehousing, & Utilities ($225,714), Manufacturing ($109,821), and Construction ($99,583).

The industries with the best median earnings for women in 2022 are Professional, Scientific, & Management, & Administrative & Waste Management Services ($144,000), Wholesale Trade ($78,125), and Finance & Insurance, & Real Estate & Rental & Leasing ($75,714).

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.

Civics

In the 2020 presidential election, the popular vote in Texas went to Donald J. Trump with 52.1% of the vote. The runner-up was Joseph R Biden Jr. (46.5%), followed by Jo Jorgensen (1.12%).

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

Presidential Popular Vote Over Time

Voting results are not available for Lakewood Village, TX. Showing the available data for Texas.

2020 Election Results

Donald J. Trump (52.1%)
Republican Party
Joseph R Biden Jr. (46.5%)
Democratic Party
Jo Jorgensen (1.12%)
Libertarian Party

In the 2020 presidential election, the popular vote in Texas went to Donald J. Trump with 52.1% of the vote. The runner-up was Joseph R Biden Jr. (46.5%), followed by Jo Jorgensen (1.12%).

The following chart shows the popular vote results in Texas for each registered party from 1976 to 2020.

Senator Elections

US Senators from Texas

Senatorial voting results are only available at the state level. Showing data for Texas.

John Cornyn

Senator from Texas

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 Texas

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.

US Representative Elections

US Representatives from Texas

Texas is currently represented by 38 members in the U.S. house.

Members of the House of Representives are elected to 2-year terms, and the following chart shows the how the members for Texas have changed over time starting in 2008.

Education

Completions

Awarded Degrees over Time

The graph shows the evolution of awarded degrees by degrees. Under the paragraphs, the average number of awarded degrees by university in each degree is shown.

Working Population

Educational Pyramid

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

Measure

In 2022, 1.59% of men over 25 years of age had not completed any academic degree (no schooling), while 1.53% of women were in the same situation.

This visualization shows the gender distribution of the population according to the academic level reached.

Educational Attainment

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

Race

The most common educational levels obtained by the working population in 2022 were High School or Equivalent (5.7M), Some college (4.97M), and Bachelors Degree (4.2M).

This visualization illustrates the percentage distribution of the population according to the highest educational level reached. You can filter the data by race by using the selector above.

Housing & Living

The median property value in Lakewood Village, TX was $416,700 in 2022, which is 1.48 times larger than the national average of $281,900. Between 2021 and 2022 the median property value increased from $373,900 to $416,700, a 11.4% increase. The homeownership rate in Lakewood Village, TX is 97.8%, which is approximately the same as the national average of 64.8%.

People in Lakewood Village, TX have an average commute time of 32.9 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.

Property

$416,700

Median Property Value 2022

±$74,148

$262

Median Property Taxes

±$77

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.

Rent vs Own

97.8%

Homeownership

2022

71.9%

Homeowners with Mortgage

2022

In 2022, 97.8% of the housing units in Lakewood Village, TX were occupied by their owner. This percentage declined from the previous year's rate of 99.2%.

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

Equity

Income by Location

Use the dropdown to filter by race/ethnicity.

Race/Ethnicity

The following map shows all of the places in Lakewood Village, TX colored by their Median Household Income (Total).

Household Income

Please note that the buckets used in this visualization were not evenly distributed by ACS when publishing the data.

$168,750

Median Household Income

± $26,545

268

Number of Households

± 72

In 2022, the median household income of the 268 households in Lakewood Village, TX grew to $168,750 from the previous year's value of $155,833.

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.

Wage Distribution

The closest comparable wage GINI for Lakewood Village, TX is from Texas.

0.476

2022 Wage GINI in Texas

0.476

2021 Wage GINI in Texas

In 2022, the income inequality in Texas was 0.476 according to the GINI calculation of the wage distribution. Income inequality had a 0.0231% decline from 2021 to 2022, which means that wage distribution grew somewhat more even. The GINI for Texas was lower than than the national average of 0.478. 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.

Transportation

Commuter Transportation

Most Common Commute in 2022

Drove Alone (70.2%)
Worked At Home (22.3%)
Carpooled (5.26%)

In 2022, 70.2% of workers in Lakewood Village, TX drove alone to work, followed by those who worked at home (22.3%) and those who carpooled to work (5.26%).

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.

Commute Time

32.9 minutes

Average Travel Time

Using averages, employees in Lakewood Village, TX have a longer commute time (32.9 minutes) than the normal US worker (26.7 minutes). Additionally, 0% 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.

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.

Poverty

Poverty & Diversity

7.23% of the population for whom poverty status is determined in Lakewood Village, TX (54 out of 747 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 6 - 11 and then Females 55 - 64.

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.

Social Needs

Data only available at the state level.

Most prevalent states

California
35,798 individuals
New York
5,087 individuals
Florida
4,915 individuals

In 2017, California had the highest estimated number of chronically homeless individuals in the nation, at 35,798. New York has the second highest (5,087), followed by Florida (4,915).

The following map shows the estimated number of chronically homeless individuals by state over multiple years.

Health

90.1% of the population of Lakewood Village, TX has health coverage, with 52.6% on employee plans, 7.1% on Medicaid, 16.1% on Medicare, 13.9% on non-group plans, and 0.402% on military or VA plans.

Primary care physicians in Denton County, TX see 1865 patients per year on average, which represents a 0.702% increase from the previous year (1852 patients). Compare this to dentists who see 1664 patients per year, and mental health providers who see 658 patients per year.

Coverage

Patient to Clinician Ratios

Data is only available at the country level. Showing data for Denton County, TX.

1,865 to 1

Patient to Primary Care Physician Ratio in Denton County, TX

Primary care physicians in Denton County, TX see an average of 1,865 patients per year. This represents a 0.702% increase from the previous year (1,852 patients).

The following chart shows how the number of patients seen by primary care physicians has been changing over time in Denton County, TX in comparison to its neighboring geographies.

Health Care Diversity

In 2022, insured persons according to age ranges were distributed in 19.4% under 18 years, 19% between 18 and 34 years, 42.3% between 35 and 64 years, and 19.3% over 64 years.

By gender, of the total number of insured persons, 50.9% were men and 49.1% were women.

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

Uninsured People

9.91%

Uninsured

52.6%

Employer Coverage

7.1%

Medicaid

16.1%

Medicare

13.9%

Non-Group

0.402%

Military or VA

Between 2021 and 2022, the percent of uninsured citizens in Lakewood Village, TX grew by 41.5% from 7% to 9.91%.

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.

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