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Cost of living, pay and housing

33.13° N · 96.98° W · GEOID 4841050

Lakewood Village

Denton County, Texas · part of the Dallas, TX metro

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

TexasLakewood Village, TXLakewood VillageLakewood Village

The short answer

Lakewood Village is home to 627 people. Median household income is $152,000 a year and median rent is $1,728 a month, 13.6% of income (a ratio of two medians, not any one household's burden). Rent pressure is lighter than in most places. The median home is valued at $522,200, about 3.4x annual median household income.

Median gross rent
$1,728
27% above the median place
Median household income
$152,000
89% above the median place
Median home value
$522,200
63% above the median place
Unemployment
4.0%
18% 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 Village

  • 98% of homes are owner-occupied, more than in 99% of the 2,476 places under 10,000 people we track. It is the 3rd-highest of 415 Texas places.
  • Only 0% of renter households spend 30% or more of income on rent, a lower share than in 98% of places its size. It is the lowest of 379 Texas places.
  • The median resident is 53.2 years old, older than in 95% of places its size. It is the 2nd-highest of 414 Texas places.
  • The population has grown 28.1% since 2020, faster than in 96% of places its size.
  • Half the homes were built after 2002, newer housing than in 92% of places its size.

Rent is light relative to pay, but the county has a FEMA natural hazard risk score of 97 out of 100. Budget for insurance before counting the savings.

01

Moving to Lakewood Village

Denton County gains about 16.7 residents per 1,000 a year to moves between counties.

Moved in80,779
Moved out66,985
Net+13,794

Where people come from and where they go, top counties

Within Texas, other states or abroad

Arrivals
Leavers
Within TexasOther statesAbroad

Income per tax return

Arrivals$101K
Leavers$87K

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

Who moves here
8.9% of residents arrived from another county in the past year, 0.0% from another state. County figure.
Who arrives and who leaves
Households moving into Denton County report $101,300 a year in income on average; those leaving, $86,700, so newcomers earn more than leavers.
Income you would need
$69,100 a year to rent the median home at the 30% line. From your city
Rent or buy
Median rent is $1,728 a month; owners with a mortgage pay $2,696 a month including taxes and insurance, on a median home of $522,200.
Getting to work
33 minutes each way on average; 26.6% work from home.
If it is close but not quite
Kingston, MA matches it on character. Compare the two
Moved from another state1
0.0%
below the median place (median 2.0%)
Net movers per 1,000 people7
16.7
above the median place (median -0.6)
Income of households moving in7
$101,250
43% above the median place
All 5 moving measures
MeasureLakewood VillageAmong 6,645 placesVs median
Moved here in the past year1County figure8.9%56% above
Moved from another state10.0%below (median 2.0%)
Net movers per 1,000 people7County figure16.7above (median -0.6)
Income of households moving in7County figure$101,25043% above
Income of households moving out7County figure$86,70223% above
02

What it costs to live here

Renters paying 30%+ is 0.0%, below the median place (median 50.6%).

Lakewood Village13.6%
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
$69,120
a year, at the 30% line
Rent to income
13.6%
33% below the median place
Home price to income
3.4x
9% below the median place

Could you afford it?

The median rent would take
14%
comfortably under the 30% line
Left after rent, in US prices
$131,200
a year
Vs the typical household here
Same
as the median household

Uses the median rent in Lakewood Village, $1,728 a month, and local prices for everything else (100.1 against a US average of 100). It runs in your browser and stores nothing.

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

Sponsored · exampleMoving to Lakewood Village? Compare quotes from licensed movers. No partner is signed yet. Sponsored offers are always labelled and never change the data.
Renters paying 30%+1
0.0%
below the median place (median 50.6%)
Homeownership1
97.9%
47% above the median place
Median year built1
2002
1% above the median place
All 15 cost and housing measures
MeasureLakewood VillageAmong 6,645 placesVs median
Median gross rent1County figure$1,72827% above
Rent to income113.6%33% below
Property tax rate11.4%57% above
Home price to income13.4x9% below
Prices vs US average2Metro figure103.12% above
Fair market rent, 2 bedrooms3County figure$1,80712% above
Property tax paid (median)1$7,452128% above
Median home value1$522,20063% above
Home prices, 1-year change4County figure-0.9%below (median 3.2%)
Home prices, 5-year change4County figure45.7%11% below
Homeownership197.9%47% above
Renters paying 30%+10.0%below (median 50.6%)
Owner costs with a mortgage1$2,69644% above
Vacant homes1County figure4.3%39% below
Median year built120021% 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%)
Income per person1
$91,368
128% above the median place
Median household income1
$152,000
89% above the median place
All 10 work and pay measures
MeasureLakewood VillageAmong 6,645 placesVs median
Median household income1$152,00089% above
Income per person1$91,368128% above
Unemployment1County figure4.0%18% below
Average annual pay5County figure$67,9563% above
Pay growth, 1 year5County figure3.6%3% below
Jobs5County figure320,064112% above
Poverty rate1County figure7.1%34% below
Mean commute133 min34% above
Works from home126.6%113% above
Commutes by transit10.0%below (median 0.8%)
04

Who lives here

Median age is 53.2, 36% above the median place.

Median age1
53.2
36% above the median place
Population change since 20206
28.1%
above the median place (median 1.1%)
Homes with broadband1
97.5%
6% above the median place

More about who lives here, against the typical place

High school or higher97.1% +5%
Bachelor's or higher38.7% +21%
Household size2.6 +4%
Born abroad7.2% −19%
All 9 people measures
MeasureLakewood VillageAmong 6,645 placesVs median
Population16276646th largest
Population change since 2020628.1%above (median 1.1%)
Median age153.236% above
Bachelor's or higher138.7%21% above
High school or higher197.1%5% above
Household size12.64% above
Born abroad17.2%19% below
No health insurance1County figure10.6%66% above
Homes with broadband197.5%6% above
05

Life in Lakewood Village

17 sites are on the National Register of Historic Places.

Businesses per 10,000 residents (county figures)

Restaurants and bars20.6 −1%
Shops20.7 −32%
Arts, recreation and fitness3.5 −15%
Doctors' offices and clinics20.9 +3%
Child care centers2.0 −13%

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

Shops per 10k8
20.7
32% below the median place
Public school students10
175,222
above the median place (median 4,897)
Public schools10
242
above the median place (median 9)
All 9 schools and local life measures
MeasureLakewood VillageAmong 6,645 placesVs median
Public schools10County figure242above (median 9)
Public school students10County figure175,222above (median 4,897)
Students per teacher10County figure14.65% below
Restaurants and bars per 10k8County figure20.61% below
Shops per 10k8County figure20.732% below
Arts, recreation and fitness per 10k8County figure3.515% below
Doctors' offices and clinics per 10k8County figure20.93% above
Child care centers per 10k8County figure2.013% below
National Register listings9County figure1731% above
06

Safety, weather and risk

Tornado risk is 99.8, 23% above 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 Village. Larger places are fetched first.

Tornado risk12
99.8
23% above the median place
July average high11
96°F
10% above the median place
Heat wave risk12
98.0
9% above the median place
All 11 weather and risk measures
MeasureLakewood VillageAmong 6,645 placesVs median
July average high11County figure96°F10% above
January average low11County figure34°F36% above
Average temperature11County figure65°F19% above
Annual precipitation11County figure38.4 in12% below
Natural hazard risk12County figure96.95% above
Hurricane risk12County figure58.417% below
Tornado risk12County figure99.823% above
Wildfire risk12County figure93.052% above
Heat wave risk12County figure98.09% above
Median air quality index13County figure479% above
Good air days13County figure57.8%16% below
08

Lakewood Village 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$152,000 (2024)$193,000$163,000 to $228,500+4.1%
Median home value$522,200 (2024)$770,000$559,000 to $1,061,000+6.7%
Population802 (2025)910870 to 950+2.6%

The median home would be worth 4.0 years of the median income in 2030, against 3.4 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 Village

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

PlaceRentIncome
Kingston, MA$1,603$150,886Compare
New River, AZ$1,948$134,289Compare
Lake Wisconsin, WI$1,515$124,127Compare
Bear Valley Springs, CA$1,439$120,481Compare
Bear Valley Springs, CALake Wisconsin, WINew River, AZKingston, MALakewood Village, TXLakewood VillageKingstonNew RiverLake WisconsinBear Valley SpringsLakewood VillageKingstonNew RiverLake WisconsinBear Valley Springs

Common questions

Is Lakewood Village a good place to live?

It depends on what you need, so here is what the numbers say. 98% of homes are owner-occupied, more than in 99% of the 2,476 places under 10,000 people we track. It is the 3rd-highest of 415 Texas places. Only 0% of renter households spend 30% or more of income on rent, a lower share than in 98% of places its size. It is the lowest of 379 Texas places. See how it ranks with your own weights.

Is Lakewood Village expensive to live in?

The median rent takes 13.6% of the median household income, against 20.4% in the typical place we track. Housing is a lighter load here than usual. The median home is valued at $522,200.

What salary do you need to live in Lakewood Village?

To rent the median home without spending more than 30% of income on rent, a household needs about $69,120 a year. Work it out from your current city.

What places are similar to Lakewood Village?

On income, rent, home value, education and age, the closest matches are Kingston, MA, New River, AZ, Lake Wisconsin, WI and Bear Valley Springs, CA.

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. Regional Price Parities · US Bureau of Economic Analysis · Latest release, retrieved 2026-11-14
  3. Fair Market Rents · US Department of Housing and Urban Development · Fiscal year 2027
  4. House Price Index · Federal Housing Finance Agency · Latest release, retrieved 2026-11-14
  5. Quarterly Census of Employment and Wages · US Bureau of Labor Statistics · 2025 annual averages
  6. Population Estimates · US Census Bureau · Vintage 2025
  7. 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.
  8. County Business Patterns · US Census Bureau · 2023 data
  9. National Register of Historic Places · National Park Service · Listings through 2026-05-22
  10. Common Core of Data · National Center for Education Statistics · 2024 release
  11. 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
  12. National Risk Index · Federal Emergency Management Agency · Latest release, retrieved 2026-11-14NRI data and maps
  13. Air Quality System, annual AQI by county · US Environmental Protection Agency · 2025 dataAirData download files

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 Village with places of a similar size, using only figures measured for Lakewood Village itself; county and metro figures never count. Survey figures are estimates with margins of error. Formulas and definitions: methodology. API: /api/v1/places/lakewood-village-texas

Citytistics. “Lakewood Village, Texas.” Data as of 2026-11-14. https://www.citytistics.com/city/lakewood-village-texas/

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