Lakewood, New York Demographics & Population 2026
During the 2020–2024 ACS period, Lakewood, New York had a total population of 2,957, the 500th largest village in New York, with a median household income of $67,557, which is 21% lower than the state average. The poverty rate is 11.6%.
Data vintage: U.S. Census Bureau ACS 2020–2024 5-Year Estimates · refreshed July 2026 · Methodology & source notes
Key Takeaways
- Housing is very affordable with a home-value-to-income ratio of just 2.3x.
- Unemployment rate of 9.3% is notably above the national average.
Lakewood Quick Facts
How Lakewood Changed
Change from the 2019–2023 ACS period to 2020–2024. These are rolling five-year estimates, not year-over-year measurements.
| Metric | 2019–2023 | 2020–2024 | Change |
|---|---|---|---|
| Population | 2,975 | 2,957 | -0.6% |
| Median household income | $70,962 | $67,557 | -4.8% |
| Median home value | $146,300 | $158,500 | +8.3% |
How Lakewood Compares
Median Household Income
Median Home Value
Economy & Housing
Household Income Distribution
Detailed income brackets
Employment
Housing Overview
People & Demographics
Age Distribution
Race & Ethnicity
Diversity Index
A less diverse community where one racial or ethnic group represents a large majority.
State average: 65 | National average: 61
Education
Educational Attainment (Adults 25+)
Lakewood Rankings in New York
Explore New York Rankings
Other Cities in Chautauqua County
| City | Population | Median Income | Poverty | Home Value |
|---|---|---|---|---|
| Jamestown | 28,188 | $43,523 | 25.3% | $87,700 |
| Dunkirk | 12,549 | $53,299 | 24.3% | $94,700 |
| Fredonia | 9,467 | $50,433 | 25.2% | $192,500 |
| Westfield | 3,185 | $46,774 | 15.3% | $102,600 |
| Silver Creek | 2,604 | $63,854 | 21.5% | $125,400 |
| Jamestown West | 2,424 | $54,250 | 9.5% | $146,000 |
| Falconer | 2,149 | $60,056 | 10.9% | $98,400 |
| Frewsburg | 1,792 | $75,536 | 8.4% | $142,800 |
| Brocton | 1,404 | $58,500 | 24.6% | $110,100 |
| Celoron | 1,397 | $51,964 | 16.6% | $92,700 |
Cities Similar to Lakewood
These cities in the same state have comparable population and economic profiles.
| City | Population | Median Income | Home Value | Bachelor's+ | Poverty |
|---|---|---|---|---|---|
| Vails Gate | 3,052 | $70,688 | $310,100 | 32.6% | 5.6% |
| Greenwood Lake | 3,020 | $72,902 | $340,100 | 38.9% | 15.0% |
| Green Island | 2,970 | $59,406 | $138,300 | 26.5% | 20.6% |
| East Syracuse | 3,039 | $62,143 | $126,200 | 20.2% | 11.5% |
| Calcium | 2,935 | $57,668 | $203,400 | 17.0% | 17.3% |
Population Overview
Lakewood is a small community located in New York, within Chautauqua County. The total population is 2,957. It ranks as the 500th most populous out of 1,289 Census-designated places in New York.
Age Demographics
The median age in Lakewood is 47.9 years. This is 20% higher than the state median of 39.8 years.
Economy, Income & Housing
The median household income in Lakewood is $67,557. This is 21% lower than the state median of $85,974. It is also 16% lower than the national median of $80,734. The poverty rate stands at 11.6%. This is 17% lower than the state poverty rate of 14.0%. The unemployment rate is 9.3%. This is 45% higher than the state rate of 6.4%. The median home value is $158,500. Housing costs are 63% lower than the state median of $423,800. With a home-value-to-income ratio of just 2.3x, Lakewood is one of the most affordable housing markets in the area. 64.4% of occupied housing units are owner-occupied. This homeownership rate is 19% higher than the state average of 54.4%.
Race & Ethnicity
Lakewood has a predominantly White (non-Hispanic) population, comprising 88.4% of all residents. Hispanic or Latino residents account for 5.2%. The White (non-Hispanic) population is significantly higher than the state average (88.4% vs 52.8%). The Black or African American population (0.7%) is well below the state average of 13.4%. The Hispanic or Latino population (5.2%) is well below the state average of 19.8%. The Asian population (0.8%) is well below the state average of 9.0%.
Education
39.2% of residents aged 25 and older hold a bachelor's degree or higher. This is 3% lower than the state rate of 40.2%. Nationally, 35.7% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 94.8%. Notably, 17.0% of adults hold a graduate or professional degree, indicating a highly educated workforce.
Data Sources & Methodology
All demographic data for Lakewood, New York is sourced from the U.S. Census Bureau's American Community Survey (ACS) 2020–2024 5-Year Estimates. The ACS collects data from approximately 3.5 million households annually and pools five years of responses so that even small communities can be measured, though the margin of error widens as the population falls. Comparisons are made against New York state averages and national averages calculated from the same dataset. Rankings reflect the city's position among all 1,289 Census-designated places in New York. Read more about how these figures are produced on our methodology page, or visit data.census.gov for official data.
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Frequently Asked Questions
What is the population of Lakewood, New York?
Lakewood, New York has a population of 2,957 according to the most recent U.S. Census ACS 5-Year Estimates.
What is the median household income in Lakewood, NY?
The median household income in Lakewood is $67,557, which is 16% lower than the national median of $80,734.
What is the poverty rate in Lakewood, NY?
The poverty rate in Lakewood is 11.6%. This means approximately 344 residents live below the federal poverty line.
What is the racial makeup of Lakewood, New York?
Lakewood's population is 88.4% White, 0.7% Black, 5.2% Hispanic/Latino, and 0.8% Asian.
What is the median home value in Lakewood, NY?
The median home value in Lakewood is $158,500. The home-value-to-income ratio is 2.3x.
How educated is Lakewood, New York?
39.2% of adults (25+) in Lakewood hold a bachelor's degree or higher, and 17.0% hold a graduate or professional degree.