Everything You Should Know Before Moving to Lakewood Village, TX
Considering a move to Lakewood Village, TX? This lakeside town of 850 offers serene living with a high owner-occupied rate of 95% and median home prices around $535,000. Enjoy low crime rates (just 70 violent crimes per 100K), strong household incomes, and access to top-rated schools nearby. Residents benefit from a reasonable 32-minute average commute, warm and sunny Texas weather, and a close-knit, well-educated community for families or retirees.
Demographics - Lakewood Village, TX
Demographics - Lakewood Village, TX
Lakewood Village is a small lakeside community of approximately 850 residents, with a median age of 45 and a population density of 310 people per square mile. The town is predominantly White, with a balanced gender ratio and about 8% of residents speaking a language other than English at home, offering a close-knit and welcoming environment.
Population:
850
Density:
310 per sq mi
Median Age:
45.2
Gender Ratio:
102 males per 100 females
Non-English Speakers Percentage:
8.0%
Ethnic Composition
White:
86.0%
Black:
3.2%
Asian:
2.5%
Others:
8.3%
Cost Of Living
What is the average cost of living in Lakewood Village, TX?
The cost of living in Lakewood Village is moderately above the national average, with a cost of living index of 109.2. Residents typically pay around $535,000 for a median home and $2,200 in monthly rent, while benefiting from no state income tax and reasonable utility costs.
Median House Value:
$535,000
Gross Rent:
$2,200
Monthly Electricity Charges:
$140
Auto Insurance:
$1,520
House Owner Cost With Mortgage:
$2,600
House Owner Cost Without Mortgage:
$780
State Taxes:
Low:
0%
|
High:
0%
Cost Of Living Index:
109.2
Grocery:
99.8
Housing:
118.5
Utilities:
107.0
Transportation:
103.5
Health Care:
102.1
Miscellaneous:
97.0
Crime
Is Lakewood Village, TX a safe place to live?
Lakewood Village enjoys a low crime rate, with only 70 violent crimes and 340 property crimes per 100,000 residents, making it a safe place to live. Your chance of experiencing violent crime is just 1 in 1,430, providing peace of mind for families and retirees.
Violent Crimes Per 100k:
70
Property Crimes Per 100k:
340
Crime Index:
410
Chance Of Violent Crime:
1 in 1,430
Chance Of Property Crime:
1 in 250
Weather
What is the weather like in Lakewood Village, TX year-round?
Residents experience classic Texas weather, with mild winters averaging 36–58°F and hot summers reaching up to 96°F. The area receives about 39.5 inches of annual rainfall and enjoys sunny days 62% of the year, making it ideal for outdoor activities.
Winter
Min:
36°F
Max:
58°F
Spring
Min:
51°F
Max:
76°F
Summer
Min:
72°F
Max:
96°F
Fall
Min:
54°F
Max:
80°F
Average Rainfall Inches:
39.5 inches
Sunny Days Percentage:
62%
Neighbors
Lakewood Village boasts a high median household income of $132,000 and a low poverty rate of 2.8%, reflecting a prosperous and well-educated community where nearly 98% of adults hold a high school diploma. Commute times average about 33 minutes, and public transit use is rare, emphasizing a car-friendly lifestyle.
Median Income:
$61,000
Household Income:
$132,000
Family Income:
$145,000
Per Capita Income:
$48,500
Income Male:
$72,000
Income Female:
$54,000
Poverty Rate:
2.8%
Non English Speakers:
8.0%
Rent:
$2,200
Unemployment Rate:
2.9%
Public Transport Usage:
0.2%
Commute Time:
32.7 minutes
Education
High School or Higher:
97.8%
Bachelors or More:
46.5%
Education
How are the schools in Lakewood Village, TX?
Families in Lakewood Village are served by quality public schools with favorable student-teacher ratios and have access to private education as well. For higher education, top universities like the University of North Texas and Texas Woman's University are just a short drive away, providing excellent opportunities for lifelong learning.
Public Schools
Name:
Oak Point Elementary School
Street:
401 Shahan Prairie Rd
Phone:
972-947-9455
Students:
690
Student Teacher Ratio:
14.2
Name:
Lakeside Middle School
Street:
400 Lobo Ln, Little Elm
Phone:
972-947-9445
Students:
960
Student Teacher Ratio:
15.1
Private Schools
Name:
Selwyn School
Street:
2270 Copper Canyon Rd, Argyle
Phone:
940-382-6771
Students:
210
Colleges
Name:
University of North Texas
City:
Denton
State:
TX
Distance:
13 miles
Students:
42,000
Name:
Texas Woman's University
City:
Denton
State:
TX
Distance:
15 miles
Students:
16,400
Healthcare
Residents have convenient access to major hospitals like Medical City Denton and Texas Health Presbyterian Hospital Denton, both offering emergency services. With 2.3 physicians per 1,000 residents and over 91% health insurance coverage, healthcare services are robust and accessible.
Major Hospitals
Name:
Medical City Denton
Address:
3535 S Interstate 35 E, Denton, TX 76210
Phone:
(940) 384-3535
Type:
General & Surgical
Emergency Services:
Yes
Name:
Texas Health Presbyterian Hospital Denton
Address:
3000 N I-35, Denton, TX 76201
Phone:
(940) 898-7000
Type:
General & Surgical
Emergency Services:
Yes
Physicians Per 1000:
2.3
Health Insurance Coverage:
91.5%
Health Care Index:
78.2
Housing Market
What is the housing market like in Lakewood Village, TX?
The housing market in Lakewood Village is strong, with a median home price of $535,000 and over 95% owner occupancy. Homes appreciate at a steady rate of 4.3% annually, and rental options are limited but affordable relative to the region.
Median Home Price:
$535,000
Average Rent For 2 Bedroom:
$2,200
Owner Occupied Rate:
95.2%
Rental Vacancy Rate:
3.1%
Home Appreciation Rate (1yr):
4.3%
New Construction Rate:
1.5%
Foreclosure Rate:
0.3%
DMV Information
Vehicle registration and licensing are managed by the Texas Department of Motor Vehicles, with comprehensive services available online and at the main office in Austin. Residents benefit from efficient DMV resources and straightforward processes for all motor vehicle needs.
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.