Everything You Should Know Before Moving to Lakewood, TX
Thinking of moving to Lakewood, TX? Home to about 14,500 residents, Lakewood offers a friendly, well-educated community with a median home price around $460,000 and average rents near $1,780. The area enjoys a warm climate with 63% sunny days, crime rates below national averages, and a typical commute of 27 minutes. With top-rated schools and convenient access to Dallas, Lakewood is a standout for families and professionals seeking a vibrant Texas lifestyle.
Demographics - Lakewood, TX
Demographics - Lakewood, TX
Lakewood, TX is home to approximately 14,500 residents, featuring a balanced gender ratio and a median age of 41.2. The community is diverse, with a majority White population and significant representation from other ethnic groups, and nearly one in five residents speak a language other than English at home.
Population:
14,500
Density:
2,100 per sq mi
Median Age:
41.2
Gender Ratio:
96 males per 100 females
Non-English Speakers Percentage:
17.4%
Ethnic Composition
White:
58.2%
Black:
7.6%
Asian:
6.5%
Others:
27.7%
Cost Of Living
What is the average cost of living in Lakewood, TX?
The cost of living in Lakewood is moderately higher than the national average, with a cost of living index of 114. Housing is the largest expense, as median home values reach $460,000 and average rents are around $1,780 per month, while Texas’s lack of state income tax helps offset some costs.
Median House Value:
$460,000
Gross Rent:
$1,780
Monthly Electricity Charges:
$140
Auto Insurance:
$1,620
House Owner Cost With Mortgage:
$2,270
House Owner Cost Without Mortgage:
$730
State Taxes:
Low:
0%
|
High:
0%
Cost Of Living Index:
114.0
Grocery:
104.8
Housing:
127.3
Utilities:
102.5
Transportation:
110.7
Health Care:
103.2
Miscellaneous:
100.1
Crime
Is Lakewood, TX a safe place to live?
Lakewood experiences lower crime rates than many urban areas, with a violent crime rate of 226 incidents per 100,000 people and a property crime rate of 2,040 per 100,000. The odds of experiencing violent crime are about 1 in 443, making it a generally safe neighborhood for families and professionals.
Violent Crimes Per 100k:
226
Property Crimes Per 100k:
2,040
Crime Index:
2,266
Chance Of Violent Crime:
1 in 443
Chance Of Property Crime:
1 in 49
Weather
What is the weather like in Lakewood, TX year-round?
Residents enjoy a warm climate with mild winters (lows averaging 39°F) and hot summers (highs near 96°F). Lakewood benefits from 63% sunny days annually and receives roughly 38 inches of rainfall, supporting an active outdoor lifestyle year-round.
Winter
Min:
39°F
Max:
58°F
Spring
Min:
55°F
Max:
77°F
Summer
Min:
75°F
Max:
96°F
Fall
Min:
57°F
Max:
78°F
Average Rainfall Inches:
38.4 inches
Sunny Days Percentage:
63%
Neighbors
Lakewood’s residents have a median household income of $106,900 and a poverty rate of just 6.7%. Most neighbors are well-educated, with over half holding a bachelor’s degree or higher, and the average commute time is a manageable 27 minutes.
Median Income:
$54,700
Household Income:
$106,900
Family Income:
$113,100
Per Capita Income:
$47,800
Income Male:
$59,200
Income Female:
$46,400
Poverty Rate:
6.7%
Non English Speakers:
17.4%
Rent:
$1,780
Unemployment Rate:
3.9%
Public Transport Usage:
3.1%
Commute Time:
27.2 minutes
Education
High School or Higher:
94.8%
Bachelors or More:
52.1%
Education
How are the schools in Lakewood, TX?
Lakewood offers access to reputable public schools such as Lakewood Elementary and J.L. Long Middle School, both known for favorable student-teacher ratios. The area is also close to major colleges, including Southern Methodist University just five miles away, making it appealing for families and lifelong learners.
Public Schools
Name:
Lakewood Elementary School
Street:
3000 Hillbrook St
Phone:
972-749-7300
Students:
850
Student Teacher Ratio:
16.3
Name:
J.L. Long Middle School
Street:
6116 Reiger Ave
Phone:
972-749-5700
Students:
1,140
Student Teacher Ratio:
15.7
Private Schools
Name:
St. Thomas Aquinas Catholic School
Street:
3741 Abrams Rd
Phone:
214-826-0566
Students:
720
Colleges
Name:
Southern Methodist University
City:
Dallas
State:
TX
Distance:
5 miles
Students:
12,400
Name:
Dallas College – Eastfield Campus
City:
Mesquite
State:
TX
Distance:
11 miles
Students:
14,200
Healthcare
Access to healthcare is strong in Lakewood, with major hospitals like Baylor Scott & White Medical Center nearby and 2.6 physicians per 1,000 residents. Nearly 89% of the population has health insurance coverage, supporting overall community well-being.
Major Hospitals
Name:
Baylor Scott & White Medical Center – Dallas
Address:
3500 Gaston Ave, Dallas, TX 75246
Phone:
(214) 820-0111
Type:
General & Surgical
Emergency Services:
Yes
Name:
Texas Health Presbyterian Hospital Dallas
Address:
8200 Walnut Hill Ln, Dallas, TX 75231
Phone:
(214) 345-6789
Type:
General & Surgical
Emergency Services:
Yes
Physicians Per 1000:
2.6
Health Insurance Coverage:
88.9%
Health Care Index:
77.1
Housing Market
What is the housing market like in Lakewood, TX?
Lakewood’s housing market is competitive, with a median home price of $460,000 and home values appreciating by 4.4% over the past year. Most homes are owner-occupied, and rental options remain available with a vacancy rate of 5.7%.
Median Home Price:
$460,000
Average Rent For 2 Bedroom:
$1,780
Owner Occupied Rate:
68.2%
Rental Vacancy Rate:
5.7%
Home Appreciation Rate (1yr):
4.4%
New Construction Rate:
2.1%
Foreclosure Rate:
0.6%
DMV Information
Vehicle registration and licensing in Lakewood are managed by the Texas Department of Motor Vehicles, with comprehensive services available online and at the main office in Austin. Texas residents benefit from efficient DMV operations and no state vehicle property tax.
State:
Texas
Department:
Texas Department of Motor Vehicles
Address:
4000 Jackson Ave, Austin, TX 78731
Phone:
1-888-368-4689
Website:
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.