Income & Economy in Lakewood Club, MI

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

Income Overview

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

Median Household Income

$67,277

-8% vs national

Per Capita Income

$29,799

-20% vs national

Poverty Rate

13.7%

+1% vs national

Gini Index

0.3472

0 = perfect equality

Unemployment

3.5%

-32% vs national

SNAP Recipients

28.5%

of households

How Lakewood Club Compares

Source: Census ACS (2023)

Lakewood Club vs Similar Cities

Source: Census ACS (2023)

Compared to cities with under 10,000 residents. Lakewood Club 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 Club. The median household income here is $67,277.

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Income Distribution

Source: U.S. Census Bureau ACS (2023)
<$25K
8.8%
$25-50K
26.9%
$50-75K
18.5%
$75-100K
12.2%
$100-150K
20.4%
$150-200K
12.6%
$200K+
0.6%

Employment Snapshot

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

Unemployment Rate

3.5%

-37% vs MI avg

Labor Force

707

Employed

682

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+

8.0%

of adults 25+

High School Diploma+

33.1%

of adults 25+

Median Age

38.8

Work from Home

8.3%

of workers

The median household income in Lakewood Club, MI is $67,277, which is 8.1% below the national average of $73,224. Per capita income is $29,799. The poverty rate of 13.7% is lower than the MI state average of 14.1%. The Gini index of income inequality is 0.3472, where 0 represents perfect equality and 1 represents maximum inequality. The unemployment rate is 3.5%, compared to the state average of 5.6%. 8.0% of adults hold a bachelor's degree or higher.