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Lakewood Club village, Michigan Demographics & Population 2026

Very AffordableHome value to income ratio of 2.2x is exceptionally low

As of 2026, Lakewood Club village, Michigan has a total population of 1,315, the 380th largest city in Michigan, with a median household income of $67,277, which is 5% lower than the state average. The poverty rate is 13.7%.

Key Takeaways

Lakewood Club village Quick Facts

Population 1,315
Median Household Income $67,277
Median Home Value $144,900
Poverty Rate 13.7%
Unemployment Rate 3.5%
Median Age 38.8 years
Homeownership Rate 90.2%
Affordability Ratio 2.2x
Bachelor's Degree or Higher 11.5%
High School Graduation Rate 85.5%
Diversity Index 21/100
Population 1,315 380th of 745
Median Income $67,277 above average
Poverty Rate 13.7% 10% higher national
Median Home Value $144,900 average

How Lakewood Club village Compares

Economy & Housing

Employment

3.5% Unemployment Rate State: 5.8% | National: 5.2%
67.5% Labor Force Participation

Housing Overview

Owner 90.2%
Renter 9.8%
Affordability Index Very Affordable
2.2x home value to income ratio

People & Demographics

Diversity Index

21out of 100
Very Low Diversity

A less diverse community where one racial or ethnic group represents a large majority.

State average: 44 | National average: 60

Education

Lakewood Club village Rankings in Michigan

#380 Population of 745
#262 Median Income of 745
#579 Education of 745
#382 Home Value of 745

Cities Similar to Lakewood Club village

These cities in the same state have comparable population and economic profiles.

CityPopulationMedian IncomeHome ValueBachelor's+Poverty
Rapid City CDP1,315$65,438$212,50013.0%13.8%
New Buffalo city1,306$64,524$342,70040.1%10.0%
Onsted village1,283$65,349$166,50022.1%7.9%
Bellevue village1,333$63,095$110,60014.9%11.1%
Three Oaks village1,322$60,500$185,10019.9%9.6%

Population Overview

Lakewood Club village is a small community located in Michigan. The total population is 1,315. It ranks as the 380th most populous out of 745 cities and towns in Michigan.

Age Demographics

The median age in Lakewood Club village is 38.8 years. This is 3% lower than the state median of 40.1 years.

Economy, Income & Housing

The median household income in Lakewood Club village is $67,277. This is 5% lower than the state median of $71,149. Compared to the national median of $78,538, household income here is 14% lower. The poverty rate stands at 13.7%. This is 5% higher than the state poverty rate of 13.1%. The unemployment rate is 3.5%. This is 39% lower than the state rate of 5.8%. The median home value is $144,900. Housing costs are 33% lower than the state median of $217,600. With a home-value-to-income ratio of just 2.2x, Lakewood Club village is one of the most affordable housing markets in the area. 90.2% of occupied housing units are owner-occupied. This homeownership rate is 24% higher than the state average of 72.9%.

Race & Ethnicity

Lakewood Club village has a predominantly White (non-Hispanic) population, comprising 88.3% of all residents. Hispanic or Latino residents account for 7.8%. The Black or African American population (2.1%) is well below the state average of 13.2%.

Education

11.5% of residents aged 25 and older hold a bachelor's degree or higher. This is 64% lower than the state rate of 31.8%. Nationally, 35.0% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 85.5%.

Data Sources & Methodology

All demographic data for Lakewood Club village, Michigan is sourced from the U.S. Census Bureau's American Community Survey (ACS) 5-Year Estimates (2019-2023). The ACS collects data from approximately 3.5 million households annually, providing reliable estimates for communities of all sizes. Comparisons are made against Michigan state averages and national averages calculated from the same dataset. Rankings reflect the city's position among all 745 Census-designated places in Michigan. For official data, visit data.census.gov.

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Frequently Asked Questions

What is the population of Lakewood Club village, Michigan?

Lakewood Club village, Michigan has a population of 1,315 according to the most recent U.S. Census ACS 5-Year Estimates.

What is the median household income in Lakewood Club village, MI?

The median household income in Lakewood Club village is $67,277, which is 14% lower the national median of $78,538.

What is the poverty rate in Lakewood Club village, MI?

The poverty rate in Lakewood Club village is 13.7%. This means approximately 180 residents live below the federal poverty line.

What is the racial makeup of Lakewood Club village, Michigan?

Lakewood Club village's population is 88.3% White, 2.1% Black, 7.8% Hispanic/Latino, and 0.0% Asian.

What is the median home value in Lakewood Club village, MI?

The median home value in Lakewood Club village is $144,900. The home-value-to-income ratio is 2.2x.

How educated is Lakewood Club village, Michigan?

11.5% of adults (25+) in Lakewood Club village hold a bachelor's degree or higher, and 1.4% hold a graduate or professional degree.