Lakewood is a city located in Shelby County Illinois. With a 2020 population of 4,063, it is the 364th largest city in Illinois and the 5362nd largest city in the United States . Lakewood is currently growing at a rate of 0.77% annually and its population has increased by 6.61% since the most recent census, which recorded a population of 3,811 in 2010. Lakewood reached it's highest population of 4,063 in 2021. Spanning over 5 miles, Lakewood has a population density of 886 people per square mile.
The average household income in Lakewood is $166,785 with a poverty rate of 1.35%. The median rental costs in recent years comes to - per month, and the median house value is $388,800. The median age in Lakewood is 40.6 years, 38.8 years for males, and 41.5 years for females.