CitytisticsShortlist

Cost of living, pay and housing

35.65° N · 86.14° W · GEOID 4740732

Lakewood Park

Coffee County, Tennessee · part of the Tullahoma, TN metro

Limited data population under 5,000, core figures borrowed from county or metro: median_gross_rent, median_home_value

TennesseeLakewood Park, TNLakewood ParkLakewood Park

The short answer

Lakewood Park is home to 1,140 people. Median household income is $42,576 a year and median rent is $913 a month, 25.7% of income (a ratio of two medians, not any one household's burden). Rent pressure is moderate. The median home is valued at $246,800, about 5.8x annual median household income.

Median gross rent
$913
33% below the median place
Median household income
$42,576
47% below the median place
Median home value
$246,800
23% below the median place
Unemployment
3.6%
27% below the median place

Compared with the median of the 6,645 places we track. The bundle was checked 2026-11-14; each measure may refer to an older release.

What stands out about Lakewood Park

  • 33.8% of residents live below the poverty line, more than in 97% of the 2,082 places under 10,000 people we track. It is the 2nd-highest of 107 Tennessee places.
  • 30% of homes stand vacant, more than in 95% of places its size. It is the 2nd-highest of 84 Tennessee places.
  • The median resident is 49 years old, older than in 90% of places its size. It is the 3rd-highest of 112 Tennessee places.
  • The median household earns $42,576 a year, less than in 94% of places its size.
  • Half the homes were built after 2001, newer housing than in 91% of places its size.
01

Moving to Lakewood Park

Coffee County gains about 11.5 residents per 1,000 a year to moves between counties.

Moved in3,689
Moved out3,136
Net+553

Where people come from and where they go, top counties

Cannon County, TN5963−4

Within Tennessee, other states or abroad

Arrivals
Leavers
Within TennesseeOther states

Income per tax return

Arrivals$55K
Leavers$60K

People on tax returns who moved between counties, from IRS migration data, 2022 to 2023. Figures are for all of Coffee County; flows under 20 returns are not published.

Who moves here
8.5% of residents arrived from another county in the past year, 2.4% from another state. County figure.
Who arrives and who leaves
Households moving into Coffee County report $54,900 a year in income on average; those leaving, $59,900, so leavers earn more than newcomers.
Income you would need
$36,500 a year to rent the median home at the 30% line. From your city
Rent or buy
Median rent is $913 a month; owners with a mortgage pay $960 a month including taxes and insurance, on a median home of $246,800.
Getting to work
46 minutes each way on average; 9.3% work from home.
If it is close but not quite
Kingsland, TX matches it on character. Compare the two
Net movers per 1,000 people5
11.5
above the median place (median -0.6)
Income of households moving in5
$54,914
22% below the median place
Moved here in the past year1
8.5%
48% above the median place
All 5 moving measures
MeasureLakewood ParkAmong 6,645 placesVs median
Moved here in the past year1County figure8.5%48% above
Moved from another state1County figure2.4%22% above
Net movers per 1,000 people5County figure11.5above (median -0.6)
Income of households moving in5County figure$54,91422% below
Income of households moving out5County figure$59,93115% below
02

What it costs to live here

Owner costs with a mortgage is $960, 49% below the median place.

Lakewood Park25.7%
Typical place20.4%

Share of the median household income that goes to the median rent. Above 30% is the usual stress line.

Income needed to rent
$36,520
a year, at the 30% line
Rent to income
25.7%
26% above the median place
Home price to income
5.8x
53% above the median place

Could you afford it?

The median rent would take
25%
just under the 30% line
Left after rent, in US prices
$32,000
a year, prices not adjusted
Vs the typical household here
Same
as the median household

Uses the median rent in Lakewood Park, $913 a month. It runs in your browser and stores nothing.

Moving from somewhere else? Work out the salary you would need in Lakewood Park.

Sponsored · exampleMoving to Lakewood Park? Compare quotes from licensed movers. No partner is signed yet. Sponsored offers are always labelled and never change the data.
Owner costs with a mortgage1
$960
49% below the median place
Vacant homes1
29.7%
320% above the median place
Property tax rate1
0.4%
59% below the median place
All 14 cost and housing measures
MeasureLakewood ParkAmong 6,645 placesVs median
Median gross rent1County figure$91333% below
Rent to income125.7%26% above
Property tax rate10.4%59% below
Home price to income15.8x53% above
Fair market rent, 2 bedrooms2County figure$1,08833% below
Property tax paid (median)1$91372% below
Median home value1County figure$246,80023% below
Home prices, 1-year change3County figure3.5%11% above
Home prices, 5-year change3County figure72.2%40% above
Homeownership187.7%32% above
Renters paying 30%+1County figure39.0%23% below
Owner costs with a mortgage1$96049% below
Vacant homes129.7%320% above
Median year built120011% above
03

Work and pay

Commutes by transit is 0.0%, below the median place (median 0.8%).

Commutes by transit1
0.0%
below the median place (median 0.8%)
Mean commute1
46 min
84% above the median place
Poverty rate1
33.8%
214% above the median place
All 10 work and pay measures
MeasureLakewood ParkAmong 6,645 placesVs median
Median household income1$42,57647% below
Income per person1$29,86925% below
Unemployment1County figure3.6%27% below
Average annual pay4County figure$59,8029% below
Pay growth, 1 year4County figure1.0%73% below
Jobs4County figure25,87983% below
Poverty rate133.8%214% above
Mean commute146 min84% above
Works from home1County figure9.3%26% below
Commutes by transit10.0%below (median 0.8%)
04

Who lives here

Median age is 49.0, 26% above the median place.

Median age1
49.0
26% above the median place
High school or higher1
78.5%
15% below the median place
Homes with broadband1
95.2%
3% above the median place
All 8 people measures
MeasureLakewood ParkAmong 6,645 placesVs median
Population11,1406646th largest
Median age149.026% above
Bachelor's or higher1County figure21.4%33% below
High school or higher178.5%15% below
Household size12.51% below
Born abroad1County figure3.0%66% below
No health insurance1County figure10.4%63% above
Homes with broadband195.2%3% above
05

Life in Lakewood Park

16 sites are on the National Register of Historic Places.

Out the door, against the typical place

Parks per 10k residents0.0 −100%
Playgrounds per 10k0.0 −100%
Grocery stores per 10k0.0 −100%
Restaurants, cafes and bars per 10k0.0 −100%
Libraries per 10k0.0 −100%
Named paths and bike trails0 km −100%
Bus and rail stops per sq mi0.0 −100%

Mapped by volunteers in OpenStreetMap inside the city limits (Census boundaries), so coverage is fuller in some places than others. Map data © OpenStreetMap contributors, ODbL.

Businesses per 10,000 residents (county figures)

Restaurants and bars20.6 −1%
Shops43.5 +44%
Arts, recreation and fitness2.3 −44%
Doctors' offices and clinics24.1 +19%
Child care centers2.5 +9%

Counts businesses with paid staff, so small owner-run shops are not included.

Shops per 10k6
43.5
44% above the median place
Arts, recreation and fitness per 10k6
2.3
44% below the median place
Doctors' offices and clinics per 10k6
24.1
19% above the median place
All 15 schools and local life measures
MeasureLakewood ParkAmong 6,645 placesVs median
Public schools9County figure21133% above
Public school students9County figure9,19088% above
Restaurants and bars per 10k6County figure20.61% below
Shops per 10k6County figure43.544% above
Arts, recreation and fitness per 10k6County figure2.344% below
Doctors' offices and clinics per 10k6County figure24.119% above
Child care centers per 10k6County figure2.59% above
Parks per 10k70.0below (median 10.2)
Playgrounds per 10k70.0below (median 9.4)
Grocery stores per 10k70.0below (median 2.1)
Restaurants, cafes and bars per 10k70.0below (median 11.2)
Libraries per 10k70.0below (median 0.9)
Named paths and bike trails70.0below (median 2.0)
Transit stops per sq mi70.0below (median 0.2)
National Register listings8County figure1623% above
06

Safety, weather and risk

Wildfire risk is 11.6, 81% below the median place.

No crime figure yet. Either the city police department did not report to the FBI for the latest year, or our monthly fetch has not reached Lakewood Park. Larger places are fetched first.

Wildfire risk11
11.6
81% below the median place
Annual precipitation10
58.6 in
34% above the median place
Heat wave risk11
36.9
59% below the median place
All 9 weather and risk measures
MeasureLakewood ParkAmong 6,645 placesVs median
July average high10County figure87°F1% above
January average low10County figure28°F13% above
Average temperature10County figure58°F6% above
Annual precipitation10County figure58.6 in34% above
Natural hazard risk11County figure63.531% below
Hurricane risk11County figure51.927% below
Tornado risk11County figure86.36% above
Wildfire risk11County figure11.681% below
Heat wave risk11County figure36.959% below
08

Lakewood Park in 2030: where the trends point

Citytistics projections to 2030: each figure's own trend, blended with the typical trend across the places we rate, eased toward long-run US growth and carried forward from the latest release. The range is where 80% of places landed when we tested the same method on past releases.

MeasureLatest2030 projectionLikely rangeAvg. per year
Median household income$42,576 (2024)$55,000$46,500 to $65,000+4.3%
Median home value$127,000 (2022)$247,000$171,000 to $358,000+8.7%

The median home would be worth 4.5 years of the median income in 2030, against 3.0 now.

A projection of recent trends, not a prediction of the economy or advice to buy or sell. How we project.

09

Places like Lakewood Park

The closest matches on income, rent, home value, education and age, and the places nearby.

PlaceRentIncome
Kingsland, TX$892$57,268Compare
Adams, MA$927$48,775Compare
Washington, NC$856$40,186Compare
Mountain Home, AR$865$41,274Compare
Mountain Home, ARWashington, NCAdams, MAKingsland, TXLakewood Park, TNLakewood ParkKingslandAdamsWashingtonMountain HomeLakewood ParkKingslandAdamsWashingtonMountain Home

Common questions

Is Lakewood Park a good place to live?

It depends on what you need, so here is what the numbers say. 33.8% of residents live below the poverty line, more than in 97% of the 2,082 places under 10,000 people we track. It is the 2nd-highest of 107 Tennessee places. 30% of homes stand vacant, more than in 95% of places its size. It is the 2nd-highest of 84 Tennessee places. On cost, space and class size it scores 18 out of 100 for families. See how it ranks with your own weights.

Is Lakewood Park expensive to live in?

The median rent takes 25.7% of the median household income, against 20.4% in the typical place we track. Housing is a heavier load here than usual. The median home is valued at $246,800.

What salary do you need to live in Lakewood Park?

To rent the median home without spending more than 30% of income on rent, a household needs about $36,520 a year. Work it out from your current city.

What places are similar to Lakewood Park?

On income, rent, home value, education and age, the closest matches are Kingsland, TX, Adams, MA, Washington, NC and Mountain Home, AR.

Sources and methods

The small numbers beside each measure point here. Every dataset is public; links go to the publisher.

  1. American Community Survey 5-year estimates · US Census Bureau · 2020 to 2024 estimatesTables B01002, B01003, B05002, B07003, B08013, B08301, B15003, B17001, B19013, B19301, B23025, B25002, B25003, B25010, B25035, B25064, B25070, B25077, B25088, B25103, B28002, S2701
  2. Fair Market Rents · US Department of Housing and Urban Development · Fiscal year 2027
  3. House Price Index · Federal Housing Finance Agency · Latest release, retrieved 2026-11-14
  4. Quarterly Census of Employment and Wages · US Bureau of Labor Statistics · 2025 annual averages
  5. SOI Tax Stats, county-to-county migration · Internal Revenue Service · Tax years 2022 to 2023Counts tax returns and the people on them; flows under 20 returns are suppressed.
  6. County Business Patterns · US Census Bureau · 2023 data
  7. OpenStreetMap · © OpenStreetMap contributors, available under the Open Database License (ODbL) · Map data as of 2026-11
  8. National Register of Historic Places · National Park Service · Listings through 2026-05-22
  9. Common Core of Data · National Center for Education Statistics · 2024 release
  10. 1991-2020 climate normals · NOAA National Centers for Environmental Information · Series updated 2026-11-05Averages for 1991 to 2020 computed from NOAA's county climate series (nClimDiv).nClimDiv county series
  11. National Risk Index · Federal Emergency Management Agency · Latest release, retrieved 2026-11-14NRI data and maps

Derived by Citytistics from the tables above: rent to income (B25064, B19013); property tax rate (B25103, B25077); home price to income (B25077, B19013).

What stands out compares Lakewood Park with places of a similar size, using only figures measured for Lakewood Park itself; county and metro figures never count. Survey figures are estimates with margins of error. Formulas and definitions: methodology. API: /api/v1/places/lakewood-park-tennessee

Citytistics. “Lakewood Park, Tennessee.” Data as of 2026-11-14. https://www.citytistics.com/city/lakewood-park-tennessee/

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.