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Moving to Lakewood Park, IL

Thinking of making a move to Lakewood Park, IL? Get helpful local information about living costs, neighborhoods, schools, weather, housing, DMV details, and practical relocation details before you plan your move.

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Everything You Should Know Before Moving to Lakewood Park, IL

Considering a move to Lakewood Park, IL? This welcoming community of 1,250 residents offers a blend of suburban charm and convenience, with median home prices around $238,000 and average rents near $1,120. Commute times average 28 minutes and public transport is accessible, making it great for professionals. The area boasts low violent crime, strong schools, and plenty of sunny days (54% annually), ideal for families and commuters alike. Explore Lakewood Park's cost of living, education, and friendly neighborhoods to see if it's the right fit for your next move.

Demographics - Lakewood Park, IL

Lakewood Park has a population of 1,250 residents, offering a diverse community with a median age of nearly 42 and a balanced gender ratio. The area features a strong blend of backgrounds, with about 82% White, 8% Black, and 3% Asian residents, and over 8% speaking a language other than English at home. Its high population density contributes to a lively suburban atmosphere.

Population
1,250
Density
1,100 per sq mi
Median Age
41.8
Gender Ratio
96 males per 100 females
Non-English Speakers Percentage
8.4%

Ethnic Composition

White
82.0%
Black
7.5%
Asian
3.2%
Others
7.3%

Cost Of Living

What is the average cost of living in Lakewood Park, IL?

The cost of living in Lakewood Park is higher than the national average, with a cost of living index of 89.4. Median home values are around $238,000 and average rents for a two-bedroom apartment are approximately $1,120. Utilities, groceries, and transportation costs are also elevated, reflecting the area's desirable location and amenities.

Median House Value
$238,000
Gross Rent
$1,120
Monthly Electricity Charges
$128
Auto Insurance
$1,520
House Owner Cost With Mortgage
$1,650
House Owner Cost Without Mortgage
$520
State Taxes
Low: 4.95%| High: 4.95%
Cost Of Living Index
89.4
Grocery
96.1
Housing
78.5
Utilities
101.7
Transportation
94.8
Health Care
98.3
Miscellaneous
92.0

Crime

Is Lakewood Park, IL a safe place to live?

Lakewood Park is considered a safe community, with a low violent crime rate of 182 incidents per 100,000 residents and a property crime chance of 1 in 71. Most residents enjoy peace of mind, making it an attractive choice for families. The crime index remains below many urban areas in Illinois.

Violent Crimes Per 100k
182
Property Crimes Per 100k
1,410
Crime Index
1,592
Chance Of Violent Crime
1 in 549
Chance Of Property Crime
1 in 71

Weather

What is the weather like in Lakewood Park, IL year-round?

Lakewood Park experiences four distinct seasons, with warm summers reaching highs of 86°F and cold winters dipping to 18°F. The area receives about 38 inches of rainfall annually and enjoys sunshine on 54% of days. This climate offers residents a balanced mix of outdoor opportunities year-round.

Winter

Min
18°F
Max
34°F

Summer

Min
67°F
Max
86°F

Spring

Min
42°F
Max
68°F

Fall

Min
45°F
Max
70°F
Average Rainfall Inches
37.8 inches
Sunny Days Percentage
54%

Neighbors

The neighborhood boasts a healthy median household income of $78,900 and a low poverty rate of 11.8%. Over 91% of residents have at least a high school diploma, and nearly 29% hold a bachelor's degree or higher. Commute times average 28 minutes, and almost 6% use public transportation, reflecting the area's accessibility and educated population.

Median Income
$48,500
Household Income
$78,900
Family Income
$90,500
Per Capita Income
$31,600
Income Male
$45,800
Income Female
$36,700
Poverty Rate
11.8%
Non English Speakers
10.2%
Rent
$1,120
Unemployment Rate
5.1%
Public Transport Usage
6.4%
Commute Time
27.8 minutes

Education

High School or Higher
91.4%
Bachelors or More
28.6%

Education

How are the schools in Lakewood Park, IL?

Lakewood Park offers quality education options, with public schools like Pecatonica Community School District and Dakota Community Unit School District 201 known for favorable student-to-teacher ratios. Families also have access to private schools and several nearby colleges, including Highland Community College and Illinois State University. The community is committed to educational excellence for all age groups.

Public Schools

Name
Pecatonica Community School District
Street
1300 Main St
Phone
(815) 239-1639
Students
640
Student Teacher Ratio
14.1
Name
Dakota Community Unit School District 201
Street
203 W 7th St
Phone
(815) 449-2812
Students
610
Student Teacher Ratio
13.7

Private Schools

Name
St. Thomas School
Street
1822 W Stephenson St
Phone
(815) 232-0375
Students
180

Colleges

Name
Highland Community College
City
Freeport
State
IL
Distance
14 miles
Students
2,500
Name
Illinois State University
City
Normal
State
IL
Distance
125 miles
Students
21,000

Healthcare

Lakewood Park residents have access to quality healthcare, with major hospitals like FHN Memorial Hospital and SWEDISHAMERICAN HOSPITAL nearby. The community benefits from a high physician-to-resident ratio of 1.9 per 1,000 people and 92.1% health insurance coverage. Local healthcare services are reliable and comprehensive.

Major Hospitals

Name
FHN Memorial Hospital
Address
1045 W Stephenson St, Freeport, IL 61032
Phone
(815) 599-6000
Type
General & Surgical
Emergency Services
Yes
Name
SWEDISHAMERICAN HOSPITAL
Address
1401 E State St, Rockford, IL 61104
Phone
(779) 696-4400
Type
General & Surgical
Emergency Services
Yes

Healthcare Access

Physicians Per 1000
1.9
Health Insurance Coverage
92.1%
Health Care Index
68.4

Housing Market

What is the housing market like in Lakewood Park, IL?

The local housing market is strong, with a median home price of $238,000 and an owner-occupied rate of nearly 75%. The market has seen a 3.4% appreciation over the past year, and rental vacancy rates remain moderate at 6.1%. Lakewood Park offers a mix of stability and opportunity for both buyers and renters.

Median Home Price
$238,000
Average Rent For 2 Bedroom
$1,120
Owner Occupied Rate
74.6%
Rental Vacancy Rate
6.1%
Home Appreciation Rate (1yr)
3.4%
New Construction Rate
1.2%
Foreclosure Rate
0.6%

DMV Information

Residents of Lakewood Park handle vehicle services through the Illinois Secretary of State Driver Services Department, conveniently located in Springfield. The state DMV provides driver licensing, vehicle registration, and other essential services both in person and online. Information and resources are easily accessible for new and existing residents.

State
Illinois
Department
Illinois Secretary of State Driver Services Department
Address
2701 S. Dirksen Pkwy, Springfield, IL 62723
Phone
(800) 252-8980

Disclaimer: The information provided on this page is based on publicly available sources including AccuWeather, U.S. Census Bureau, local government data, and third-party partners such as Neustar. While we strive to ensure accuracy, all data is provided “as is” and should be independently verified before making any decisions. Movers.com makes no guarantees regarding the completeness or reliability of the information.

FAQs About Moving to Lakewood Park, IL

Answers use the same city data shown on this page, including costs, housing, schools, safety, weather, healthcare, and DMV details.

Before moving to Lakewood Park, review the core fields on this page: population 1,250, median home value $238,000, average rent for 2 bedroom $1,120, commute time 27.8 minutes, and sunny days percentage 54%.

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