Income & Economy in Lakewood, WI

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

Income Overview

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

Median Household Income

$65,156

-11% vs national

Per Capita Income

$34,556

-7% vs national

Poverty Rate

12.2%

-10% vs national

Gini Index

0.3379

0 = perfect equality

Unemployment

11.3%

+118% vs national

SNAP Recipients

1.5%

of households

How Lakewood Compares

Source: Census ACS (2023)

Lakewood vs Similar Cities

Source: Census ACS (2023)

Compared to cities with under 10,000 residents. Lakewood 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. The median household income here is $65,156.

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Income Distribution

Source: U.S. Census Bureau ACS (2023)
<$25K
17.8%
$25-50K
25.2%
$50-75K
15.6%
$75-100K
11.8%
$100-150K
24.4%
$150-200K
5.2%

Employment Snapshot

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

Unemployment Rate

11.3%

+223% vs WI avg

Labor Force

168

Employed

149

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+

22.2%

of adults 25+

High School Diploma+

48.5%

of adults 25+

Median Age

55.3

Work from Home

29.5%

of workers

The median household income in Lakewood, WI is $65,156, which is 11.0% below the national average of $73,224. Per capita income is $34,556. The poverty rate of 12.2% is higher than the WI state average of 10.8%. The Gini index of income inequality is 0.3379, where 0 represents perfect equality and 1 represents maximum inequality. The unemployment rate is 11.3%, compared to the state average of 3.5%. 22.2% of adults hold a bachelor's degree or higher.