What are the schools like in Lakewood, WI?

School district data for Lakewood is sourced from the National Center for Education Statistics (NCES).

What is the median household income in Lakewood?

The median household income in Lakewood, WI is $48,750 according to the most recent US Census American Community Survey 5-year estimates. The unemployment rate is 11.9%.

What is the weather like in Lakewood, WI?

Lakewood has an average high temperature of 22.5°F in January and 78.5°F in July. Annual precipitation averages 32.8 inches and annual snowfall averages 61.1 inches.

Lakewood, WI Cost of Living, Crime & Is It a Good Place to Live? (2026)

Q: Is Lakewood, WI affordable or expensive?

Lakewood's cost of living index is 92, where 100 represents the national average. This means Lakewood is 8% less expensive than the average US city. The median home value is $150,000 and the median rent is $983 per month.

Q: What is the crime rate in Lakewood, WI?

Lakewood has a violent crime rate of 84.4 incidents per 100,000 residents and a property crime rate of 614.3 per 100,000. The national average violent crime rate is approximately 380 per 100,000.

Is Lakewood, WI a Good Place to Live?

Lakewood is a small town of 278 in Wisconsin, with a median household income of $48,750 and a 11.9% unemployment rate. Its cost of living index is 92 (US average = 100), which is 8% below the national average.

Strengths: Lakewood stands out for an affordable cost of living, below-average home prices, short average commutes.

Trade-offs: Potential downsides include an elevated unemployment rate. Whether Lakewood is right for you depends on your priorities — the full breakdown is below.

All Lakewood 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: 92.1

Lakewood's overall cost of living index is 92.1, where 100 represents the US national average. Living in Lakewood costs roughly 8% less than the average American city.

Metric	Lakewood, WI	National Avg
Median Home Value	$150,000	$244,900
Median Monthly Rent	$983	$1,163
Homeownership Rate	81.2%	65.9%
Median Household Income	$48,750	$74,755

Crime & Safety

Very Safe

Lakewood's violent crime rate is 84.4 per 100,000 residents — 78% lower than the national average of ~380 per 100,000.

Violent Crime

84.4 /100k

Property Crime

614.3 /100k

Vertical marker = national average. Source: FBI UCR Program.

Schools & Education

Metric	Lakewood, WI	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	31.4%	35.4%
High School Diploma or Higher	89.4%	91.1%

Weather & Climate

Lakewood sees average highs of 22.5°F in January and 78.5°F in July, with 32.8 inches of annual precipitation and 61.1 inches of snow per year.

Metric	Lakewood, WI
Average High — January	22.5°F
Average High — July	78.5°F
Annual Precipitation	32.8"
Annual Snowfall	61.1"

Demographics

Metric	Lakewood, WI	National Avg
Population	278	—
Median Age	57.4	38.9
Unemployment Rate	11.9%	3.7%
Avg Commute Time	10.8 min	26 min
White (non-Hispanic)	96.4%	59.3%
Black or African American	0.0%	13.6%
Hispanic or Latino	2.2%	18.9%
Asian	0.0%	6.3%
Under 18	12.6%	22.2%
65 and over	31.3%	16.8%

Nearby Cities

Townsend, WI 4 mi Mountain, WI 8 mi Wabeno, WI 12 mi White Lake, WI 16 mi Laona, WI 19 mi

ZIP Codes in Lakewood

Lakewood, WI is covered by 1 ZIP code:

54138

Lakewood vs Other Cities

Lakewood, WI vs Townsend, WI Lakewood, WI vs Mountain, WI Lakewood, WI vs Wabeno, WI Lakewood, WI vs White Lake, WI Lakewood, WI vs Laona, WI

Frequently Asked Questions

Is Lakewood, WI affordable or expensive?

Lakewood's cost of living index is 92, where 100 is the national average. That makes Lakewood roughly 8% less expensive than a typical US city — a meaningful affordability advantage. The median home price is $150,000 and median rent is $983/month.

What is the crime rate in Lakewood, WI?

Lakewood's violent crime rate is 84.4 per 100,000 residents — the national average is ~380 per 100,000. Property crime is 614.3 per 100,000 (national avg ~2,100). Data from the FBI Uniform Crime Reporting Program.

What are the schools like in Lakewood?

School district information is sourced from NCES Common Core of Data.

Is Lakewood, WI a good place to live?

Lakewood, WI has a population of 278, a median household income of $48,750, and an unemployment rate of 11.9%. It offers below-average costs of living, which stretches take-home pay further than in most American cities. Whether it's right for you depends on your priorities — use the compare tool above to stack it against another city you're considering.

What is the weather like in Lakewood?

Lakewood averages 22.5°F in January and 78.5°F in July. Annual rainfall is 32.8 inches with about 61.1 inches of snow per year. Based on NOAA 30-year climate normals (1991–2020).

What ZIP codes are in Lakewood?

Lakewood, WI is covered by 1 ZIP code: 54138.

What is the population of Lakewood?

The population of Lakewood, Wisconsin is 278 with a median age of 57.4. Source: US Census ACS 5-Year Estimates.

What are the pros and cons of living in Lakewood?

Key numbers for living in Lakewood: cost of living index 92 (100 = US average), median home $150,000, median household income $48,750, crime index 25 (100 = US average, lower is safer). Whether these are benefits or drawbacks depends on where you're coming from — compare Lakewood side by side with your current city to see the trade-offs.