Income & Economy in Lakewood Park, TN
Household income, poverty rates, employment, and economic data — 2023 ACS Data
Income Overview
Source: U.S. Census Bureau ACS (2023)Median Household Income
$39,167
-47% vs national
Per Capita Income
$24,656
-34% vs national
Poverty Rate
41.4%
+205% vs national
Gini Index
0.4164
0 = perfect equality
Unemployment
0.0%
-100% vs national
SNAP Recipients
37.0%
of households
How Lakewood Park Compares
Source: Census ACS (2023)Lakewood Park vs Similar Cities
Source: Census ACS (2023)Compared to cities with under 10,000 residents. Lakewood Park is highlighted.
Median Household Income
Per Capita Income
Poverty Rate
Unemployment Rate
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 $39,167.
Income Distribution
Source: U.S. Census Bureau ACS (2023)Employment Snapshot
Source: U.S. Census Bureau ACS (2023)Unemployment Rate
0.0%
-100% vs TN avg
Labor Force
393
Employed
393
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+
7.4%
of adults 25+
High School Diploma+
26.5%
of adults 25+
Median Age
54.4
Work from Home
15.5%
of workers
The median household income in Lakewood Park, TN is $39,167, which is 46.5% below the national average of $73,224. Per capita income is $24,656. The poverty rate of 41.4% is higher than the TN state average of 16.0%. The Gini index of income inequality is 0.4164, where 0 represents perfect equality and 1 represents maximum inequality. The unemployment rate is 0.0%, compared to the state average of 5.3%. 7.4% of adults hold a bachelor's degree or higher. The average commute time is 33 minutes, with 15.5% working from home.