Population 2,161 · Census ACS 2020–24
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Population and households in Lakewood
Household size in Lakewood
| Period | Lakewood | Nashville area | Tennessee | U.S. |
|---|---|---|---|---|
| 2006–10 | 2.59 | 2.57 | 2.53 | 2.68 |
| 2010–14 | 2.58 | 2.63 | 2.57 | 2.73 |
| 2015–19 | 2.74 | 2.64 | 2.57 | 2.71 |
| 2020–24 | 1.96 | 2.56 | 2.53 | 2.65 |
| Change | −0.63 | −0.01 | +0.00 | −0.03 |
Lakewood is a place of small households, averaging 1.96 people against 2.65 for the U.S., which points to many singles, couples and roommates and relatively few children. Since 2006–10, household size has dropped from 2.59, but in a place this small, much of that may be survey noise rather than real change.
Household size: the average number of people living in each occupied home. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B25010).
Median age in Lakewood
| Period | Lakewood | Nashville area | Tennessee | U.S. |
|---|---|---|---|---|
| 2006–10 | 35.8 | 36.6 | 38.3 | 37.7 |
| 2010–14 | 39.7 | 37.3 | 39.2 | 38.6 |
| 2015–19 | 40.3 | 37.9 | 39.9 | 39.6 |
| 2020–24 | 44.3 | 38.0 | 39.9 | 40.1 |
| Change | +8.4 | +1.5 | +1.6 | +2.3 |
Lakewood skews older: half of its residents are older than 44.3, well above the national median of 40.1. That usually means more empty nesters and retirees, and fewer young families.
Median age: the age that splits residents into two equal halves. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B01002).
Single-parent households in Lakewood
| Period | Lakewood | Nashville area | Tennessee | U.S. |
|---|---|---|---|---|
| 2006–10 | 7.1% | 11.7% | 12.2% | 12.3% |
| 2010–14 | 12.9% | 11.6% | 12.0% | 12.3% |
| 2015–19 | 16.0% | 10.7% | 11.6% | 11.6% |
| 2020–24 | 5.5% | 10.7% | 11.8% | 11.6% |
| Change | −1.5 pts | −1.0 pts | −0.4 pts | −0.6 pts |
Single parents head only 5.5% of households in Lakewood, well below the national share of 11.6%.
Single-parent households: households where one adult with no spouse present lives with children under 18. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B11003).
Housing in Lakewood
Renters in Lakewood
| Period | Lakewood | Nashville area | Tennessee | U.S. |
|---|---|---|---|---|
| 2006–10 | 28.0% | 31.5% | 30.4% | 33.3% |
| 2010–14 | 25.5% | 34.2% | 32.9% | 35.6% |
| 2015–19 | 34.7% | 34.2% | 33.7% | 36.0% |
| 2020–24 | 29.1% | 34.8% | 33.1% | 34.8% |
| Change | +1.0 pts | +3.3 pts | +2.6 pts | +1.5 pts |
Nearly three in ten households in Lakewood rent their homes (29.1%), a little below the national share of 34.8%; the rest own. Among owners, 30.8% have paid off their mortgages, below the national share of 39.8%.
Renters: occupied homes that are rented rather than owned. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B25003).
Vacant homes in Lakewood
| Period | Lakewood | Nashville area | Tennessee | U.S. |
|---|---|---|---|---|
| 2006–10 | 11.9% | 9.1% | 11.5% | 11.4% |
| 2010–14 | 14.9% | 8.8% | 11.8% | 11.4% |
| 2015–19 | 3.9% | 8.5% | 11.8% | 11.1% |
| 2020–24 | 5.1% | 8.2% | 10.1% | 9.6% |
| Change | −6.8 pts | −0.9 pts | −1.4 pts | −1.8 pts |
Empty homes are scarce in Lakewood: just 5.1% sit vacant, compared with 9.6% nationally, a sign of a tight housing market.
Vacant homes: homes with no one living in them, including vacation homes and homes for sale or rent. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B25002).
Age of homes in Lakewood
| Period | Lakewood | Nashville area | Tennessee | U.S. |
|---|---|---|---|---|
| 2006–10 | 1965 | 1984 | 1981 | 1974 |
| 2010–14 | 1970 | 1985 | 1982 | 1975 |
| 2015–19 | 1968 | 1988 | 1983 | 1977 |
| 2020–24 | 1990 | 1992 | 1986 | 1980 |
| Change | +25 | +9 | +6 | +6 |
Much of the housing in Lakewood is relatively new: half of its homes were built after 1990, compared with 1980 for the U.S. as a whole. That is in line with the rest of the Nashville area.
Age of homes: the year that splits the housing stock into older and newer halves. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B25035).
Rent in Lakewood
| Period | Lakewood | Nashville area | Tennessee | U.S. |
|---|---|---|---|---|
| 2006–10 | $829 | $905 | $761 | $965 |
| 2010–14 | $787 | $986 | $837 | $1,040 |
| 2015–19 | $1,309 | $1,212 | $961 | $1,213 |
| 2020–24 | $1,475 | $1,653 | $1,286 | $1,571 |
| Change | +$646 | +$749 | +$526 | +$606 |
Rent in Lakewood runs $1,475 a month at the median, utilities included, below the U.S. median of $1,571. The typical renter here spends 51.0% of household income on rent, well over the 30% mark often used to define affordable rent, so many renters here are stretched.
Rent: monthly rent plus the utilities renters pay themselves. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B25064).
Education in Lakewood
Bachelor's degrees in Lakewood
| Period | Lakewood | Nashville area | Tennessee | U.S. |
|---|---|---|---|---|
| 2006–10 | 19.5% | 30.1% | 23.9% | 28.4% |
| 2010–14 | 20.1% | 32.0% | 25.3% | 29.6% |
| 2015–19 | 17.3% | 36.3% | 27.9% | 32.1% |
| 2020–24 | 26.2% | 41.0% | 31.4% | 35.6% |
| Change | +6.7 pts | +10.9 pts | +7.5 pts | +7.2 pts |
Just over a quarter of adults 25 and older in Lakewood (26.2%) have a bachelor's degree or higher, below the national share of 35.6%.
Bachelor's degrees: adults 25 and older with a bachelor's degree or higher. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B15003).
High school graduates in Lakewood
| Period | Lakewood | Nashville area | Tennessee | U.S. |
|---|---|---|---|---|
| 2006–10 | 87.7% | 86.5% | 83.3% | 84.9% |
| 2010–14 | 86.1% | 88.0% | 85.4% | 86.1% |
| 2015–19 | 77.0% | 90.0% | 87.6% | 87.7% |
| 2020–24 | 96.8% | 91.7% | 89.9% | 89.3% |
| Change | +9.0 pts | +5.1 pts | +6.6 pts | +4.3 pts |
High school completion is high in Lakewood: 96.8% of adults 25 and older have a diploma or equivalent, well above the national rate of 89.3%.
High school graduates: adults 25 and older with a high school diploma, GED or more. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B15003).
Jobs in Lakewood
| Period | Lakewood | Nashville area | Tennessee | U.S. |
|---|---|---|---|---|
| 2006–10 | 7.7% | 7.2% | 8.6% | 8.1% |
| 2010–14 | 11.5% | 7.8% | 9.6% | 9.4% |
| 2015–19 | 16.4% | 3.9% | 5.4% | 5.6% |
| 2020–24 | 0.5% | 3.6% | 4.8% | 5.4% |
| Change | −7.2 pts | −3.6 pts | −3.8 pts | −2.7 pts |
The job market in Lakewood has been strong: just 0.5% of the labor force was out of work and looking, well below the national rate of 5.4%. Because the Census pools five years of responses (2020–24), these rates smooth over short swings and lag the current job market.
Unemployment: people looking for work as a share of everyone working or looking. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B23025).
Lakewood compared with nearby cities
| City | Household size | Median age | Single parents | Renters | Vacant homes | Median year built | Median rent | Bachelor's degree | High school diploma | Unemployment |
|---|---|---|---|---|---|---|---|---|---|---|
| Lakewood | 1.96 | 44.3 | 5.5% | 29.1% | 5.1% | 1990 | $1,475 | 26.2% | 96.8% | 0.5% |
| Old Hickory | 2.44 | 44.2 | 11.9% | 21.7% | 7.4% | 1983 | $1,459 | 35.8% | 94.9% | 3.2% |
| Madison | 2.16 | 40.0 | 13.9% | 57.6% | 6.9% | 1976 | $1,298 | 24.5% | 84.1% | 4.7% |
| Hermitage | 2.31 | 39.1 | 12.6% | 47.6% | 9.1% | 1992 | $1,709 | 41.1% | 94.2% | 2.9% |
| Green Hill | 2.82 | 42.9 | 1.8% | 21.0% | 2.1% | 1986 | $2,119 | 32.1% | 100.0% | 8.4% |
| Hendersonville | 2.64 | 42.1 | 7.7% | 26.5% | 5.2% | 1993 | $1,946 | 44.9% | 95.3% | 3.9% |
| Goodlettsville | 2.39 | 40.8 | 12.4% | 37.1% | 6.4% | 1987 | $1,401 | 33.8% | 91.9% | 5.1% |
| Mount Juliet | 2.70 | 41.2 | 9.3% | 22.3% | 8.9% | 2001 | $2,097 | 47.2% | 96.1% | 3.8% |
| Whites Creek | 2.26 | 45.3 | 8.2% | 15.4% | 8.9% | 1987 | $1,258 | 38.0% | 94.2% | 9.3% |
| Nashville area | 2.56 | 38.0 | 10.7% | 34.8% | 8.2% | 1992 | $1,653 | 41.0% | 91.7% | 3.6% |
| Berry Hill | 1.65 | 29.2 | 6.1% | 63.4% | 13.9% | 2005 | $1,850 | 82.5% | 99.2% | 2.8% |
All figures 2020–24.
Cities with similar populations: McDermott, OH · Eden, MD · Edmore, MI · Williamsburg, CO · Farmington, MS · Hico, TX · Webster, SD · Valley Forge, PA · Trenton, TX · Towamensing Trails, PA
About these numbers
Every figure on this page is a BestNeighborhood calculation from the Census Bureau's American Community Survey (ACS), built up from the Census block groups that make up Lakewood. Each ACS 5-year release pools five years of responses; this page shows the last 15 releases, 2006–10 through 2020–24. Neighboring releases share four of their five years, so they move gradually and small changes between them are within the survey's margin of error; in small places the lines can jump from one release to the next for the same reason. The maps show the same measures for each neighborhood, ranked against the whole country.
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