Lakewood is located in Shelby County, Illinois. Lakewood has a 2025 population of 385 . Lakewood is currently declining at a rate of -0.26% annually and its population has decreased by -1.53% since the most recent census, which recorded a population of 391 in 2020.
The average household income in Lakewood is $86,475 with a poverty rate of 7.79%. The median age in Lakewood is 63.4 years: 60.3 years for males, and 63.8 years for females. For every 100 females there are 108.1 males.
Data after 2023 is projected based on recent change
The racial composition of Lakewood includes 100% White, and smaller percentages for and multiracial populations.
White (100%)
Race | Population | Percentage (of total) |
|---|---|---|
| White | 231 | 100% |
Married
Widowed
Divorced
Separated
Never Married
Lakewood's average per capita income is $58,864. Household income levels show a median of $91,111. The poverty rate stands at 7.79%.
Name | Median | Mean |
|---|---|---|
| Families | $92,361 | $95,249 |
| Married Families | $92,361 | - |
| Households | $91,111 | $86,475 |
| Non Families | - | $30,900 |
Average Income
Median Household Income
Poverty Rate