Population 530 · Census ACS 2020–24
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Population and households in Lakewood Township
Household size in Lakewood Township
| Period | Lakewood Township | Illinois | U.S. |
|---|---|---|---|
| 2006–10 | 2.79 | 2.69 | 2.68 |
| 2010–14 | 2.63 | 2.71 | 2.73 |
| 2015–19 | 2.53 | 2.66 | 2.71 |
| 2020–24 | 2.39 | 2.58 | 2.65 |
| Change | −0.40 | −0.11 | −0.03 |
Households in Lakewood Township are small: just 2.39 people on average, compared with 2.65 nationally. That is typical of places where many people live alone or as couples, and fewer have children at home. Household size has dropped from 2.79 in 2006–10, 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 Township
| Period | Lakewood Township | Illinois | U.S. |
|---|---|---|---|
| 2006–10 | 45.4 | 37.6 | 37.7 |
| 2010–14 | 43.7 | 38.5 | 38.6 |
| 2015–19 | 47.3 | 39.6 | 39.6 |
| 2020–24 | 51.5 | 40.2 | 40.1 |
| Change | +6.1 | +2.6 | +2.3 |
Lakewood Township skews older: half of its residents are older than 51.5, 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 Township
| Period | Lakewood Township | Illinois | U.S. |
|---|---|---|---|
| 2006–10 | 3.4% | 11.7% | 12.3% |
| 2010–14 | 4.1% | 11.7% | 12.3% |
| 2015–19 | 9.0% | 11.1% | 11.6% |
| 2020–24 | 9.1% | 11.3% | 11.6% |
| Change | +5.8 pts | −0.4 pts | −0.6 pts |
Single-parent households are less common in Lakewood Township than nationally: 9.1%, against 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 Township
Renters in Lakewood Township
| Period | Lakewood Township | Illinois | U.S. |
|---|---|---|---|
| 2006–10 | 10.1% | 30.8% | 33.3% |
| 2010–14 | 16.7% | 33.1% | 35.6% |
| 2015–19 | 14.0% | 33.9% | 36.0% |
| 2020–24 | 6.1% | 32.9% | 34.8% |
| Change | −4.1 pts | +2.1 pts | +1.5 pts |
Lakewood Township is overwhelmingly a place of homeowners: only 6.1% of households rent, far below the national share of 34.8%. Owner-heavy areas like this tend to see less turnover. Among homeowners, 61.9% have no mortgage at all, well above 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 Township
| Period | Lakewood Township | Illinois | U.S. |
|---|---|---|---|
| 2006–10 | 22.7% | 10.0% | 11.4% |
| 2010–14 | 21.0% | 10.1% | 11.4% |
| 2015–19 | 16.7% | 9.8% | 11.1% |
| 2020–24 | 14.2% | 8.1% | 9.6% |
| Change | −8.5 pts | −1.9 pts | −1.8 pts |
Vacant homes make up 14.2% of the housing in Lakewood Township, far above the national rate of 9.6%. In resort and lake areas that usually means seasonal and vacation homes; elsewhere it can point to weak demand.
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 Township
| Period | Lakewood Township | Illinois | U.S. |
|---|---|---|---|
| 2006–10 | 1964 | 1966 | 1974 |
| 2010–14 | 1969 | 1967 | 1975 |
| 2015–19 | 1978 | 1968 | 1977 |
| 2020–24 | 1982 | 1970 | 1980 |
| Change | +18 | +4 | +6 |
Homes in Lakewood Township are about the same age as the nation's housing: the median home was built in 1982, versus 1980 nationally. Homes here are newer than in Illinois overall, where the median home dates to 1970.
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 Township
| Period | Lakewood Township | Illinois | U.S. |
|---|---|---|---|
| 2006–10 | $675 | $953 | $965 |
| 2010–14 | $772 | $1,028 | $1,040 |
| 2015–19 | $609 | $1,165 | $1,213 |
| 2020–24 | $855 | $1,428 | $1,571 |
| Change | +$180 | +$475 | +$606 |
The median renter in Lakewood Township pays $855 a month for rent and utilities, well below the national median of $1,571. The typical renter here spends 13.4% of household income on rent, comfortably under the 30% mark often used to define affordable rent, and a smaller share than renters pay nationally.
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 Township
Bachelor's degrees in Lakewood Township
| Period | Lakewood Township | Illinois | U.S. |
|---|---|---|---|
| 2006–10 | 22.0% | 31.2% | 28.4% |
| 2010–14 | 10.7% | 32.4% | 29.6% |
| 2015–19 | 13.9% | 34.7% | 32.1% |
| 2020–24 | 15.3% | 37.7% | 35.6% |
| Change | −6.7 pts | +6.5 pts | +7.2 pts |
Fewer adults in Lakewood Township have a four-year degree than in the country as a whole: 15.3%, against 35.6% nationally.
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 Township
| Period | Lakewood Township | Illinois | U.S. |
|---|---|---|---|
| 2006–10 | 96.1% | 86.3% | 84.9% |
| 2010–14 | 96.3% | 87.5% | 86.1% |
| 2015–19 | 90.0% | 89.1% | 87.7% |
| 2020–24 | 95.3% | 90.3% | 89.3% |
| Change | −0.8 pts | +4.0 pts | +4.3 pts |
High school completion is high in Lakewood Township: 95.3% 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 Township
| Period | Lakewood Township | Illinois | U.S. |
|---|---|---|---|
| 2006–10 | 6.3% | 8.7% | 8.1% |
| 2010–14 | 12.9% | 10.2% | 9.4% |
| 2015–19 | 8.5% | 6.1% | 5.6% |
| 2020–24 | 0.5% | 6.0% | 5.4% |
| Change | −5.7 pts | −2.7 pts | −2.7 pts |
The job market in Lakewood Township has been strong: just 0.5% of the labor force was out of work and looking, well below the national rate of 5.4%. Each figure pools five years of surveys (2020–24), so it describes that whole stretch rather than today's 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 Township 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 Township | 2.39 | 51.5 | 9.1% | 6.1% | 14.2% | 1982 | $855 | 15.3% | 95.3% | 0.5% |
| Cowden | 2.43 | 45.1 | 14.5% | 22.7% | 9.1% | 1976 | $759 | 12.1% | 93.1% | 5.1% |
| Tower Hill | 2.26 | 47.6 | 11.0% | 16.0% | 18.5% | 1976 | $718 | 12.9% | 90.2% | 4.8% |
| Shelbyville | 2.31 | 43.7 | 13.0% | 35.5% | 16.3% | 1955 | $766 | 16.6% | 94.3% | 3.5% |
| Henton | 2.37 | 50.3 | 7.8% | 14.7% | 16.8% | 1975 | $693 | 22.7% | 96.3% | 3.7% |
| Mode | 2.56 | 52.7 | 4.9% | 1.3% | 4.5% | 1961 | $738 | 22.8% | 97.9% | 0.1% |
| Middlesworth | 2.45 | 42.2 | 4.4% | 12.8% | 3.1% | 1971 | $789 | 21.1% | 97.2% | 3.0% |
| Holliday | 2.54 | 39.6 | 9.3% | 15.4% | 3.2% | 1976 | $893 | 15.5% | 94.3% | 4.9% |
| Westervelt | 2.41 | 51.6 | 6.7% | 13.1% | 9.1% | 1976 | $693 | 23.8% | 95.7% | 5.6% |
| Herrick | 2.49 | 45.4 | 11.1% | 11.4% | 19.3% | 1981 | $908 | 16.6% | 92.2% | 5.0% |
| Holland | 2.52 | 44.3 | 5.7% | 13.3% | 4.5% | 1964 | $751 | 23.0% | 95.6% | 0.8% |
All figures 2020–24.
Cities with similar populations: Jones Mills, PA · Slades Corner, WI · Sky Valley, GA · Sheppton, PA · Kerby Knob, KY · Kelayres, PA · Keene, WI · Kaycee, WY · Kattskill Bay, NY · Katesville, NC
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 Township. 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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