Lakewood Village city, Texas Demographics & Population 2026

Population Overview

Lakewood Village city is a small community located in Texas. The total population is 784. It ranks as the 1112th most populous out of 1,800 cities and towns in Texas.

Age Demographics

The median age in Lakewood Village city is 49.4 years. This is 39% higher than the state median of 35.5 years.

Economy, Income & Housing

The median household income in Lakewood Village city is $154,219. This is 102% higher than the state median of $76,292. Compared to the national median of $78,538, household income here is 96% higher. The poverty rate stands at 4.1%. This is 70% lower than the state poverty rate of 13.8%. This exceptionally low poverty rate indicates strong economic prosperity across the community. The unemployment rate is 2.0%. This is 61% lower than the state rate of 5.1%. The median home value is $494,200. Housing costs are 90% higher than the state median of $260,400. The home-value-to-income ratio is 3.2x. 97.9% of occupied housing units are owner-occupied. This homeownership rate is 57% higher than the state average of 62.6%.

Race & Ethnicity

The largest racial or ethnic group in Lakewood Village city is White (non-Hispanic), making up 72.5% of the population. Hispanic or Latino residents account for 17.2%. The White (non-Hispanic) population is significantly higher than the state average (72.5% vs 39.9%). The Black or African American population (0.8%) is well below the state average of 11.9%. The Hispanic or Latino population (17.2%) is well below the state average of 39.5%. The Asian population is significantly higher than the state average (8.2% vs 5.3%).

Education

37.5% of residents aged 25 and older hold a bachelor's degree or higher. This is 13% higher than the state rate of 33.1%. Nationally, 35.0% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 97.8%.

Data Sources & Methodology

All demographic data for Lakewood Village city, Texas 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 Texas state averages and national averages calculated from the same dataset. Rankings reflect the city's position among all 1,800 Census-designated places in Texas. For official data, visit data.census.gov.