Living in Lakewood Park, Florida
Cost of living, income, home prices, rent and demographics of Lakewood Park · Census data 2020–2024
Lakewood Park has 13,866 residents with a median age of 50.8. The median household income is $64,023 (14% lower than the Florida median), the median home value is $268,400, the median rent is $1,206/month.
Lakewood Park at a glance
- Population
- 13,866
- Median age
- 50.8State: 42.6
- Median household income
- $64,023State: $74,568
- Median home value
- $268,400State: $359,000
- Median rent
- $1,206/moState: $1,669
- Homeowners
- 85.4%
- Bachelor's degree or higher
- 18.8%
- Average commute
- 34 min
Is Lakewood Park a good place to live?
Pros: Home values 25% lower than the state median; unemployment of 3.4%; a poverty rate of 9.4%.
Cons: Median household income 14% lower than the Florida median; an average commute of 34 minutes.
The weather is best in December to March.
Cost of living in Lakewood Park
Housing is the biggest part of the cost of living. In Lakewood Park the median home value is $268,400, 19% lower than the U.S. median. Renters pay a median of $1,206 per month, which is 32.7% of household income. Homeowners with a mortgage pay $1,533 a month in housing costs.
Lakewood Park median household income
The median household income in Lakewood Park is $64,023 and the income per person is $32,134. 9.4% of residents live below the poverty line (Florida: 12.6%).
Housing in Lakewood Park: homes for sale and rent
- Housing units
- 6,253
- Owner-occupied
- 85.4%
- Renter-occupied
- 14.6%
- Vacant
- 9.4%Includes seasonal homes
- Median year built
- 1988
- Average household size
- 2.44
Lakewood Park demographics
- Population
- 13,866
- Median age
- 50.8
- Under 18
- 16.8%
- 65 and older
- 27%
- Households
- 5,663
- Foreign-born
- 13.6%
- Veterans
- 14.4%Adults 18+
Hispanic or Latino can be of any race. Population history of Lakewood Park ›
Education in Lakewood Park
18.8% of adults 25 and older in Lakewood Park have a bachelor's degree or higher (Florida: 34.1%), and 5% have a graduate or professional degree.
Jobs and commute in Lakewood Park
- Unemployment rate
- 3.4%State: 4.8%
- Average commute
- 34 minState: 28 min
- Work from home
- 7.5%
- Drive alone
- 84.3%
- Public transit
- 0%
- Walk to work
- 0%
- Homes with broadband
- 92.7%
Lakewood Park vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Lakewood Park | 13,866 | $64,023 | $268,400 | $1,206 |
| Florida Ridge | 20,889 | $66,625 | $287,900 | $1,342 |
| St. Lucie Village | 714 | $77,386 | $443,600 | $1,281 |
| South Beach | 3,063 | $193,594 | $900,700 | $3,501 |
| Fort Pierce North | 7,224 | $40,228 | $167,600 | $921 |
| Vero Beach South | 30,344 | $73,420 | $335,200 | $1,314 |
| Vero Beach | 17,042 | $69,758 | $391,900 | $1,221 |
| Fort Pierce | 49,082 | $47,072 | $250,800 | $1,217 |
| West Vero Corridor | 10,461 | $61,927 | $216,400 | $1,706 |
More for people moving to Lakewood Park
Lakewood Park ZIP code ›Weather and climate ›Living in Lakewood Park: FAQ
What is the median household income in Lakewood Park, FL?
The median household income in Lakewood Park is $64,023, 14% lower than the Florida median of $74,568 (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
What is the average home price in Lakewood Park?
The median home value in Lakewood Park is $268,400, compared with $359,000 in Florida.
How much is rent in Lakewood Park?
The median gross rent in Lakewood Park is $1,206 per month, about 32.7% of household income.
Is Lakewood Park, FL a good place to live?
Pluses: home values 25% lower than the state median; unemployment of 3.4%; a poverty rate of 9.4%. Minuses: median household income 14% lower than the Florida median; an average commute of 34 minutes.
What is the median age in Lakewood Park?
The median age in Lakewood Park is 50.8 years (Florida: 42.6).
How long is the commute in Lakewood Park?
The average commute to work in Lakewood Park is 34 minutes; 7.5% of workers work from home.
What is the unemployment rate in Lakewood Park?
The unemployment rate in Lakewood Park is 3.4% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Lakewood Park?
18.8% of adults in Lakewood Park have a bachelor's degree or higher.
Source: U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024 (margins of error apply, especially in small towns). Figures are in 2024 dollars.
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