Lakewood Shores is a small town of 550 in Illinois, with a median household income of $70,000
and a 2.3% unemployment rate.
Its cost of living index is 103 (US average = 100), which is
3% above the national average.
Strengths:
Lakewood Shores stands out for below-average home prices.
Trade-offs:
No major red flags stand out in the available data. Whether Lakewood Shores is right for you depends on your priorities — the full breakdown is below.
All Lakewood Shores city data on this page comes from official government sources —
the US Census Bureau, FBI, NCES, BEA, and NOAA — updated annually.
Cost of Living
Index: 102.6
Lakewood Shores's overall cost of living index is 102.6,
where 100 represents the US national average.
Living in Lakewood Shores costs roughly 3% more than the average American city.
Metric
Lakewood Shores, IL
National Avg
Median Home Value
$180,700
$244,900
Median Monthly Rent
$1,343
$1,163
Homeownership Rate
79.9%
65.9%
Median Household Income
$70,000
$74,755
Crime & Safety
Very Safe
Lakewood Shores's violent crime rate is 139.7 per 100,000 residents
— 63% lower than the national average of ~380 per 100,000.
Violent Crime
139.7 /100k
Property Crime
707.4 /100k
Vertical marker = national average. Source: FBI UCR Program.
Schools & Education
Metric
Lakewood Shores, IL
National Avg
School District
N/A
—
Elementary Schools
N/A
—
Middle Schools
N/A
—
High Schools
N/A
—
Student/Teacher Ratio
N/A
16:1
Bachelor's Degree or Higher
3.6%
35.4%
High School Diploma or Higher
100.0%
91.1%
Weather & Climate
Lakewood Shores sees average highs of 31.6°F in January
and 84.9°F in July,
with 38.5 inches of annual precipitation
and 18.4 inches of snow per year.
Lakewood Shores's cost of living index is 103, where 100 is the national average.
That puts Lakewood Shores roughly 3% above the national average in cost.
The median home price is $180,700 and median rent is $1,343/month.
Lakewood Shores's violent crime rate is 139.7 per 100,000 residents — the national average is ~380 per 100,000. Property crime is 707.4 per 100,000 (national avg ~2,100). Data from the FBI Uniform Crime Reporting Program.
School district information is sourced from NCES Common Core of Data.
Lakewood Shores, IL has a population of 550, a median household income of $70,000, and an unemployment rate of 2.3%.
Whether it's right for you depends on your priorities — use the compare tool above to stack it against another city you're considering.
Lakewood Shores averages 31.6°F in January and 84.9°F in July. Annual rainfall is 38.5 inches
with about 18.4 inches of snow per year.
Based on NOAA 30-year climate normals (1991–2020).
The population of Lakewood Shores, Illinois is 550 with a median age of 42.7. Source: US Census ACS 5-Year Estimates.
Key numbers for living in Lakewood Shores: cost of living index 103 (100 = US average), median home $180,700, median household income $70,000, crime index 36 (100 = US average, lower is safer). Whether these are benefits or drawbacks depends on where you're coming from — compare Lakewood Shores side by side with your current city to see the trade-offs.