Income & Economy in Lakewood Park, FL

Household income, poverty rates, employment, and economic data — 2023 ACS Data

Income Overview

Source: U.S. Census Bureau ACS (2023)

Median Household Income

$64,848

-11% vs national

Per Capita Income

$30,094

-19% vs national

Poverty Rate

10.7%

-22% vs national

Gini Index

0.3624

0 = perfect equality

Unemployment

4.2%

-20% vs national

SNAP Recipients

9.9%

of households

How Lakewood Park Compares

Source: Census ACS (2023)

Lakewood Park vs Similar Cities

Source: Census ACS (2023)

Compared to cities with 10,000 - 25,000 residents. Lakewood Park is highlighted.

Median Household Income

Per Capita Income

Poverty Rate

Unemployment Rate

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Where Do You Stack Up?

Enter your household income to see how you compare to other households in Lakewood Park. The median household income here is $64,848.

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Income Distribution

Source: U.S. Census Bureau ACS (2023)
<$25K
17.1%
$25-50K
19.0%
$50-75K
25.4%
$75-100K
15.3%
$100-150K
15.7%
$150-200K
5.9%
$200K+
1.5%

Employment Snapshot

Source: U.S. Census Bureau ACS (2023)

Unemployment Rate

4.2%

-15% vs FL avg

Labor Force

6,733

Employed

6,452

Mean Commute

33 min

How People Get to Work

Source: Census ACS (2023)

Employment by Sector

Source: Census ACS (2023)

Education & Workforce

Source: U.S. Census Bureau ACS (2023)

Bachelor's Degree+

13.2%

of adults 25+

High School Diploma+

37.0%

of adults 25+

Median Age

51.2

Work from Home

4.9%

of workers

The median household income in Lakewood Park, FL is $64,848, which is 11.4% below the national average of $73,224. Per capita income is $30,094. The poverty rate of 10.7% is lower than the FL state average of 13.5%. The Gini index of income inequality is 0.3624, where 0 represents perfect equality and 1 represents maximum inequality. The unemployment rate is 4.2%, compared to the state average of 4.9%. 13.2% of adults hold a bachelor's degree or higher. The average commute time is 33 minutes, with 4.9% working from home.