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Lakewood Park, Tennessee Demographics & Population 2026

High PovertyPoverty rate of 33.8% is well above the state average

During the 2020–2024 ACS period, Lakewood Park, Tennessee had a total population of 1,140, the 290th largest community in Tennessee, with a median household income of $42,576, which is 39% lower than the state average. The poverty rate is 33.8%.

Data vintage: U.S. Census Bureau ACS 2020–2024 5-Year Estimates · refreshed July 2026 · Methodology & source notes

Key Takeaways

Lakewood Park Quick Facts

Population 1,140
Median Household Income $42,576
Median Home Value N/A
Poverty Rate 33.8%
Unemployment Rate 3.3%
Median Age 49.0 years
Homeownership Rate 87.7%
Affordability Ratio N/A
Bachelor's Degree or Higher 10.7%
High School Graduation Rate 78.5%
Diversity Index 18/100
Population 1,140 290th of 502
Median Income $42,576 bottom 20%
Poverty Rate 33.8% 171% higher than national
Median Home Value N/A

How Lakewood Park Changed

Change from the 2019–2023 ACS period to 2020–2024. These are rolling five-year estimates, not year-over-year measurements.

Metric2019–20232020–2024Change
Population1,0161,140+12.2%
Median household income$39,167$42,576+8.7%

How Lakewood Park Compares

Economy & Housing

Household Income Distribution

Under $25K 19.1%
$25K-$50K 37.9%
$50K-$100K 23.8%
$100K+ 19.3%
Detailed income brackets
Under $10K
0.0%
$10K-$15K
2.6%
$15K-$20K
10.8%
$20K-$25K
5.6%
$25K-$30K
10.4%
$30K-$35K
4.5%
$35K-$40K
11.0%
$40K-$45K
11.9%
$45K-$50K
0.0%
$50K-$60K
0.0%
$60K-$75K
11.9%
$75K-$100K
11.9%
$100K-$125K
13.2%
$125K-$150K
5.4%
$150K-$200K
0.0%
$200K+
0.7%

Employment

3.3% Unemployment Rate State: 4.7%|National: 5.2%
50.2% Labor Force Participation

Housing Overview

Owner 87.7%
Renter 12.3%

People & Demographics

Diversity Index

18out of 100
Very Low Diversity

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

State average: 46 | National average: 61

Education

Lakewood Park Rankings in Tennessee

#290 Population of 502
#377 Median Income of 453
#382 Education of 502
N/A Home Value of 464

Other Cities in Coffee County

CityPopulationMedian IncomePovertyHome Value
Tullahoma 21,103 $60,979 18.0% $251,900
Manchester 12,944 $57,500 14.9% $237,400
New Union 2,160 $81,367 0.7% $312,100
Hillsboro 555 N/A 15.9% $273,900

Cities Similar to Lakewood Park

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

CityPopulationMedian IncomeHome ValueBachelor's+Poverty
Luttrell1,158$41,742$154,0007.8%22.0%
Tellico Plains1,146$45,625$187,50018.0%29.8%
Embreeville1,062N/A$165,80027.6%2.7%
Linden1,122$47,689$103,30012.0%26.6%
John Sevier1,177$46,776$144,20012.7%13.3%

Population Overview

Lakewood Park is a small community located in Tennessee, within Coffee County. The total population is 1,140. It ranks as the 290th most populous out of 502 Census-designated places in Tennessee.

Age Demographics

The median age in Lakewood Park is 49.0 years. This is 26% higher than the state median of 38.9 years.

Economy, Income & Housing

The median household income in Lakewood Park is $42,576. This is 39% lower than the state median of $69,595. It is also 47% lower than the national median of $80,734. The poverty rate stands at 33.8%. This is 145% higher than the state poverty rate of 13.8%. With more than one in five residents living below the poverty line, economic hardship is a significant challenge for the community. The unemployment rate is 3.3%. This is 29% lower than the state rate of 4.7%. 87.7% of occupied housing units are owner-occupied. This homeownership rate is 31% higher than the state average of 66.9%.

Race & Ethnicity

Lakewood Park has a predominantly White (non-Hispanic) population, comprising 90.3% of all residents. Asian residents account for 5.2%. The Asian population is significantly higher than the state average (5.2% vs 1.9%).

Education

10.7% of residents aged 25 and older hold a bachelor's degree or higher. This is 66% lower than the state rate of 31.1%. Nationally, 35.7% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 78.5%.

Data Sources & Methodology

All demographic data for Lakewood Park, Tennessee 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 Tennessee state averages and national averages calculated from the same dataset. Rankings reflect the city's position among all 502 Census-designated places in Tennessee. 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 Park, Tennessee?

Lakewood Park, Tennessee has a population of 1,140 according to the most recent U.S. Census ACS 5-Year Estimates.

What is the median household income in Lakewood Park, TN?

The median household income in Lakewood Park is $42,576, which is 47% lower than the national median of $80,734.

What is the poverty rate in Lakewood Park, TN?

The poverty rate in Lakewood Park is 33.8%. This means approximately 385 residents live below the federal poverty line.

What is the racial makeup of Lakewood Park, Tennessee?

Lakewood Park's population is 90.3% White, 0.0% Black, 0.0% Hispanic/Latino, and 5.2% Asian.

What is the median home value in Lakewood Park, TN?

The Census Bureau does not publish a reliable median home value estimate for Lakewood Park — there are too few owner-occupied homes in the ACS sample. The national median is $332,700.

How educated is Lakewood Park, Tennessee?

10.7% of adults (25+) in Lakewood Park hold a bachelor's degree or higher, and 0.9% hold a graduate or professional degree.