Lakewood is a village located in Shelby County, Illinois. Lakewood has a 2026 population of 4,295. Lakewood is currently growing at a rate of 0.09% annually and its population has increased by 0.59% since the most recent census, which recorded a population of 4,270 in 2020.
The median household income in Lakewood is $173,625 with a poverty rate of 3.48%. The median age in Lakewood is 42.9 years: 40.1 years for males, and 45.7 years for females. For every 100 females there are 106.7 males.
Data after 2023 is projected based on recent change
Overall: 42.9 years
Female: 45.7 years
Male: 40.1 years
There are 3,338 adults, (575 of whom are seniors) in Lakewood.
Female: 2,277 (48.4%)
Male: 2,430 (51.6%)
The racial composition of Lakewood includes 85.36% White, 4.82% Asian, and smaller percentages for other race, Native American, Black or African American and multiracial populations.
| Race | Population ↓ | Percentage (of total) |
|---|---|---|
| White | 4,018 | 85.36% |
| Two or more races | 334 | 7.1% |
| Asian | 227 | 4.82% |
| Other race | 68 | 1.44% |
| Native American | 34 | 0.72% |
| Black or African American | 26 | 0.55% |
Lakewood 's average per capita income is $90,625. Household income levels show a median of $173,625. The poverty rate stands at 3.48%.
| Name | Median ↓ | Mean |
|---|---|---|
| Married Families | $243,250 | - |
| Families | $194,125 | $258,295 |
| Households | $173,625 | $231,493 |
| Non Families | $95,556 | $93,689 |
Average Income
Median Household Income
Poverty Rate