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Lakewood Village, TX

Last updated
Key Indicators
A quick look at key numbers

Population

627
Source: U.S. Census Bureau American Community Survey (ACS) 2020-2024 5-Year Estimates

Median Age

53.2
years ∙ half population younger than 53.2, half older

Diversity Index

Low High
49%
chance two random people differ in race and ethnicity

Nativity

7.2%
foreign-born population
92.8%Native
7.2% Foreign-born

Geographic Context

Location, size, and surroundings

About

Lakewood Village is a city within Denton County, Texas, United States.
Location
City in Denton County, TX, US
Co-ordinates
DEC33.136069° N, 96.976542° W
DMS33° 08′ 09.85″ N, 96° 58′ 35.55″ W

Population Density & area

787.7/sq mi (304.1/km²)
Total Area
0.804 sq mi (2.084 km²)
Land Area
0.796 sq mi (2.062 km²) · 98.9%
Water Area
0.008 sq mi (0.022 km²) · 1.1%

Demographics & Living

Who lives here, how households are formed, and community composition

Population Composition

Key characteristics of the population

Sex Distribution

54.7% male
Male 54.7%
Female 45.3%
males per 100 females
Lakewood Village 120.8
Denton County 98.1
Texas 99.6

Nativity

7.2%
foreign-born population
92.8%Native
7.2% Foreign-born
% Foreign-born
Lakewood Village 7.2%
Denton County 17.4%
Texas 17.6%
Age Distribution
How the population is spread across age groups

Median Age

53.2
years ∙ half population younger than 53.2, half older
Lakewood Village
53.2
Denton County
37
Texas
35.6

Dependency ratio

Low High
71.8
dependents per 100 working-age adults
Lakewood Village 71.8
Denton County 53.7
Texas 62.4

AGE DISTRIBUTION

Distribution of age group
Median age
Lakewood Village Denton County Texas
Age Group
Children (Under 18) 17.7% 23.4% 25%
Working age (18-64) 58.2% 65.1% 61.6%
Senior (65+) 24.1% 11.5% 13.4%
Dependency ratio
Total dependency ratio 71.8 53.7 62.4
Child dependency ratio 30.4 35.9 40.6
Old-age dependency ratio 41.4 17.7 21.8
Racial & Ethnic Composition
Racial and ethnic makeup and how it compares

Race & Ethnicity

White
67.5%
Black
1%
Asian
8.8%
Hispanic
21.5%
Other
1.2%
Note: White, Black, and Asian refer to individuals belonging to a single race and not of Hispanic origin. Hispanics may be of any race.

Diversity Index

Low High
49%
chance two random people differ in race and ethnicity
Lakewood Village 49%
Denton County 65.8%
Texas 67.1%
Note: The Diversity Index (DI), based on the Blau Index, measures the probability that two randomly selected individuals differ in race and ethnicity. Values range from 0 (no diversity) to 1 (high diversity) and are shown as percentages.

RACIAL & ETHNIC COMPOSITION

Race & Ethnicity
Percentage of Lakewood Village population
Lakewood Village Denton County Texas
Hispanic or Latino 21.5% 20.5% 39.7%
Mexican 19.8% 14.3% 32.1%
Puerto Rican 0% 1.2% 0.8%
Cuban 0.5% 0.6% 0.5%
Other Hispanic / Latino 1.3% 4.4% 6.3%
Not Hispanic or Latino 78.5% 79.5% 60.3%
One race 77.2% 75% 57.2%
White 67.5% 52.4% 39.1%
Black or African American 1% 10.7% 11.9%
American Indian and Alaska Native 0% 0.1% 0.1%
Asian 8.8% 11% 5.5%
Native Hawaiian and Other Pacific Islander 0% 0.1% 0.1%
Some Other Race 0% 0.6% 0.4%
Two or more races (Multiracial) 1.3% 4.5% 3.1%
Household & Families Composition
Household size, type, and family structure

Household structure

85.1% family
Family 85.1%
Non family 14.9%
% family households
Lakewood Village 85.1%
Denton County 71.2%
Texas 67.7%

Average household size

2.59
persons per household
Lakewood Village
2.59
Denton County
2.68
Texas
2.69

Household & Family COMPOSITION

Households
Percentage of Lakewood Village population
Lakewood Village Denton County Texas
Total households 242 360,392 10,992,816
Average houshold size 2.59 2.68 2.69
Family households 206 256,456 7,443,447
Average family size 2.71 3.18 3.3
Married couple family 153 206,811 5,376,819
Other families 53 49,645 2,066,628
Male householder 45 15,980 591,475
Female householder 8 33,665 1,475,153
Non-family households 36 103,936 3,549,369
One-person households 31 81,319 2,885,361
Male householder 19 36,304 1,366,738
Senior (65+) living alone 10 7,261 338,159
Female householder 12 45,015 1,518,623
Senior (65+) living alone 10 15,965 643,272
Other living arrangements 5 22,617 664,008

Housing Profile

Housing stock, ownership, rentals, and cost burdens

Total housing units

253
housing units
Lakewood Village 253
Denton County 376,754
Texas 12,128,515

Occupancy status

95.7% occupied
Occupied 95.7%
Vacant 4.3%
vacancy rate
Lakewood Village 4.3%
Denton County 4.3%
Texas 9.4%
Housing Characteristics
How the housing supply is structured and used

Types of Housing unit

100%
Single family houses
Single family houses
100%
Apartments in multi-unit structures
0%
Mobile homes
0%
Boat, RV, van, etc
0%

Median Year Built

2002
Half of houses were built before 2002, and half after.
Historic ∙ 1939 or earlier
0%
Postwar & mid-century ∙ 1940 - 1969
2.4%
Late 20th century ∙ 1970 - 1999
42%
Modern ∙ 2000 or later
55.8%
Note: Median year built reflects occupied units only; distribution includes all units.

Housing Characteristics

Units, rooms & bedrooms
Physical characteristics of housing units
Lakewood Village Denton County Texas
Rooms per unit
Median rooms 7.6 6.1 5.4
1–3 rooms 0% 15.5% 17.1%
4–6 rooms 30.9% 41.1% 52.8%
7+ rooms 69.2% 43.5% 30.1%
Bedrooms
No bedroom / studio 0% 2.8% 3%
1 bedroom 0% 12.2% 12.7%
2 bedrooms 0.8% 14.4% 21%
3 bedrooms 53.4% 33.7% 39.5%
4+ bedrooms 45.9% 36.9% 23.9%
At a glance
Median year built 2002 2003 1992
Total housing units 253 376,754 12,128,515
Occupancy Profile
Who is inside and how they use it

Homeownership

97.9% owners
Renter-occupied 2.1%
Owner-occupied 97.9%
homeownership rate
Lakewood Village 97.9%
Denton County 65.5%
Texas 62.6%

Average household size

2.6
Owner-occupied
2
Renter-occupied
owner-occupied average size
Lakewood Village 2.6
Denton County 2.9
Texas 2.87

Housing Characteristics

Occupied unit characteristics
Tenure, crowding, and utilities
Lakewood Village Denton County Texas
Total occupied units 242 360,392 10,992,816
Year moved in
2020 or later 6.2% 32.7% 30.1%
2010 to 2019 59.5% 44.8% 40.4%
2000 to 2009 26% 14.6% 15.4%
1999 or earlier 8.2% 7.8% 14.1%
Occupants per room
1.00 or fewer 100% 97.1% 95.2%
1.01 to 1.50 0% 1.8% 3.2%
1.51 or more 0% 1.1% 1.6%
Vehicles availability
No vehicles 2.5% 3.5% 5.4%
1 vehicle 10.3% 29% 33%
2 vehicles 42.1% 44.6% 39.3%
3 or more vehicles 45% 22.9% 22.3%
House heating fuel used
Gas 28.9% 44.8% 37.4%
Electricity 71.1% 54.2% 61.2%
Solar 0% 0.2% 0.3%
Fuel oil, kerosene etc 0% 0.1% 0.1%
All other fuels 0% 0.2% 0.4%
No fuel used 0% 0.4% 0.6%
Selected characteristics
Lacking complete plumbing 0% 0.3% 0.5%
Lacking complete kitchen 0% 0.7% 0.8%
No telephone service available 0% 0.6% 0.9%
Housing Value
What owner-occupied units are worth

Median home value

$522,200
owner-occupied units
Median value(USD)
Lakewood Village
$522,200
Denton County
$437,200
Texas
$283,800

Housing Cost Burden

22.1%
of homeowners with a mortgage are cost-burdened
% Cost-Burdened Households
Owners with a mortgage
22.1%
Owners without a mortgage
3.1%
Renters
0%
Note: Households spending 30% or more of their income on housing costs are considered cost-burdened.

Financial characteristics

Property value and housing costs
Tenure, crowding, and utilities
Lakewood Village Denton County Texas
Property value
Median Value $522,200 $437,200 $283,800
Under $100,000 2.1% 3.7% 13.3%
$100,000 - $200,000 9.2% 3.2% 17.9%
$200,000 - $300,000 12.2% 11.8% 22.1%
$300,000 - $500,000 24.1% 43.7% 28%
$500,000 - $1,000,000 35.4% 32.2% 14.9%
$1,000,000 and more 16.9% 5.4% 3.7%
Owner-occupied households
With a mortgage 59.1% 70.7% 56%
Without a mortgage 40.9% 29.3% 44%
Median monthly owner costs
With a mortgage $2,696 $2,676 $2,106
Without a mortgage $1,375 $1,045 $678
Gross rent
Median rent $— $1,728 $1,403

Education Profile

How educated is the community and how education pays off

Adults with a college degree

38.7%
of adults 25+ with a bachelor's degree or higher
Lakewood Village 38.7%
Denton County 49.4%
Texas 33.8%

Adults without a high school diploma

2.9%
of adults (25+) without a high school diploma
Lakewood Village 2.9%
Denton County 6.5%
Texas 14.1%
School Enrollment
Who is enrolled in school and at what level

School enrollment

142
population (age 3+) enrolled in school
Nursery / Preschool
1.4%
K–12
79.6%
College / Undergraduate
12%
Graduate / Professional
7%

College-going rate (18-24 yr olds)

20%
of 18-24-year-olds in college or graduate school
Lakewood Village
20%
Denton County
47.4%
Texas
36.3%

Enrollment & school type

Enrollment levels, college-going rate, and public vs private school split
Population 3+ currently enrolled in a school
Lakewood Village Denton County Texas
Total enrolled (age 3+) 142 258,822 7,886,029
Nursery / preschool 1.4% 6.2% 5.6%
K–12 79.6% 65.6% 70.6%
Kindergarten 11.3% 4.8% 5.4%
Elementary: Grades 1–4 19.7% 19.7% 21.1%
Elementary: Grades 5–8 28.2% 20.1% 21.8%
High School: Grades 9–12 20.4% 21% 22.3%
College or graduate school 19% 28.2% 23.9%
College, undergraduate 12% 21.4% 18.9%
Graduate, professional school 7% 6.8% 5%
College-going rate · 18-24 yr olds 20% 47.4% 36.3%
School type
Public school 85.2% 85.4% 86.9%
Private school 14.8% 14.6% 13.1%
Education Attainment by Level & Gender
What is the highest level of education completed among adults

Education attainment

481
population 25 years and over
Total adults (25+)
Less than 9th grade
0.6%
9th-12th, no diploma
2.3%
HS graduate
19.8%
Some college no degree
31.8%
Associates degree
6.9%
Bachelors degree
24.7%
Graduate or professional degree
13.9%

Attainment by gender

Male vs Female
Adults (25+) · Share within each education level
% male · % female
Less than 9th grade
0% · 100%
9th-12th, no diploma
81.8% · 18.2%
HS graduate
62.1% · 37.9%
Some college no degree
55.6% · 44.4%
Associates degree
39.4% · 60.6%
Bachelors degree
61.3% · 38.7%
Graduate or professional degree
41.8% · 58.2%

Educational Attainment Overview

Distribution and key education attainment rates for adults (25+)
Highest credential completed · adults 25+
Lakewood Village Denton County Texas
Population (25+) 481 662,975 19,717,474
Less than 9th grade 0.6% 3.2% 7.3%
9th–12th, no diploma 2.3% 3.3% 6.8%
High school diploma or GED 19.8% 16.6% 24.3%
Some college, no degree 31.8% 19.5% 20.1%
Associate's degree 6.9% 8% 7.7%
Bachelor's degree or higher 38.7% 49.4% 33.8%
Bachelor's degree 24.7% 32.2% 21.5%
Graduate or professional 13.9% 17.2% 12.3%
High School or higher 97.1% 93.6% 86%
Earnings by education level
percentage as applicable

Median Earnings

$61,848
Median earnings for adults 25+, by level
Less than HS graduate
$—
HS graduate
$51,250
Some college or associates
$61,667
Bachelors degree
$55,625
Graduate or professional degree
$92,426

Poverty Rate

3.8%
for ages 25+, with bachelors degree or higher
Less than HS graduate
14.3%
HS graduate
0%
Some college or associates
2.7%
Bachelors degree or higher
3.8%

Outcomes by Education Level

Earnings and poverty rates across education levels (25+)
Adults 25+
Lakewood Village Denton County Texas
Median earnings
Population 25+, with earnings $61,848 $66,594 $51,033
Less than high school graduate $— $36,366 $30,970
High school graduate (includes equivalency) $51,250 $42,781 $37,956
Some college or associate's degree $61,667 $56,857 $46,890
Bachelor's degree $55,625 $81,654 $70,006
Graduate or professional degree $92,426 $99,469 $87,663
Poverty rates
Less than high school graduate 14.3% 13.7% 24.3%
High school graduate (includes equivalency) 0% 9% 14.8%
Some college or associate's degree 2.7% 5.8% 9.6%
Bachelor's degree or higher 3.8% 2.9% 4.5%
Insights for Lakewood Village, by topic

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