What is the median household income in Lakewood Park, FL?
The median household income in Lakewood Park, FL is $64,023 (±$5,862) a year (2020–2024 American Community Survey).
Paying the median gross rent of $1,206 a month would take about $48,200 a year at the common guideline of spending no more than 30% of income on rent.
In Lakewood Park, the median household income went from $49,529 in 2015–2019 to $64,023 in 2020–2024 (+29.3%).
Prices (CPI-U) rose 22.7% over the same years; the change is not measurably different from the rise in prices.
Figures last updated on .
- Median household income
- $64,023 (±$5,862)
- Median renter income
- $50,139 (±$22,991)
- Income to afford median rent
- about $48,200
Income in Lakewood Park against St. Lucie County, its state and the nation
| Lakewood Park | St. Lucie County | Florida | United States | |
|---|---|---|---|---|
| Median household income | $64,023 (±$5,862) | $71,457 (±$2,290) | $74,568 (±$284) | $80,734 |
| Median renter household income | $50,139 (±$22,991) | $47,960 (±$3,765) | $53,617 (±$353) | $52,966 |
| Median owner household income | $67,631 (±$6,756) | $79,377 (±$2,266) | $88,144 (±$469) | $100,009 |
| Median gross rent | $1,206 (±$196) | $1,585 (±$57) | $1,669 (±$5) | $1,413 |
In Lakewood Park, median household income is lower than in St. Lucie County ($71,457).
It is also lower than in Florida ($74,568).
It is lower than the national figure ($80,734).
In St. Lucie County, Lakewood Park ranks 6 of 10 places with a published estimate, from highest to lowest median household income.
Statewide, it ranks 529 of 846.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
How much you need to earn to rent in Lakewood Park
Many landlords and housing programs use 30% of gross income as the most a household should spend on rent.
At that guideline, the median gross rent of $1,206 a month ($14,472 a year) needs an income of about $48,200 a year.
The median renting household in Lakewood Park earns $50,139 a year.
This is arithmetic on the published medians, not a rule any landlord must follow; screening criteria vary and some places limit how income may be weighed.
Income against housing costs since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Median household income | $49,529 (±$4,761) | $64,023 (±$5,862) | +29.3% | No measurable change after inflation |
| Median gross rent | $975 (±$40) | $1,206 (±$196) | +23.7% | No measurable change after inflation |
| Median home value | $131,100 (±$14,029) | $268,400 (±$18,713) | +104.7% | Up after inflation |
The Census Bureau publishes 2015–2019 dollars in 2019 dollars and 2020–2024 dollars in 2024 dollars.
Prices (the CPI-U, US Bureau of Labor Statistics) rose 22.7% between 2019 and 2024, so a dollar figure’s verdict compares the two after raising the earlier one by that much, using the Census Bureau’s test for a difference.
The two periods do not overlap, as the Census Bureau recommends for 5-year estimates.
Median household income in places near Lakewood Park
| Place | Distance | Median household income | Compared with this place |
|---|---|---|---|
| Lakewood Park | — | $64,023 (±$5,862) | — |
| Florida Ridge | 3.1 mi | $66,625 (±$3,596) | Not measurably different |
| St. Lucie Village | 3.9 mi | $77,386 (±$42,081) | Not measurably different |
| South Beach | 4.1 mi | $193,594 (±$44,107) | Higher |
| Fort Pierce North | 4.7 mi | $40,228 (±$11,491) | Lower |
| Vero Beach South | 5.4 mi | $73,420 (±$3,220) | Higher |
| Vero Beach | 7.5 mi | $69,758 (±$6,028) | Not measurably different |
| Fort Pierce | 8.3 mi | $47,072 (±$3,864) | Lower |
| West Vero Corridor | 8.8 mi | $61,927 (±$5,308) | Not measurably different |
Nearby places with a measurably lower figure: Fort Pierce North, FL ($40,228), Fort Pierce, FL ($47,072).
Nearby places with a measurably higher figure: South Beach, FL ($193,594), Vero Beach South, FL ($73,420).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Median household income across St. Lucie County, place by place
| Rank | Place | Median household income |
|---|---|---|
| 1 | White City | $117,720 (±$55,221) |
| 2 | Port St. Lucie | $80,648 (±$2,686) |
| 3 | St. Lucie Village | $77,386 (±$42,081) |
| 4 | Hutchinson Island South | $65,871 (±$5,073) |
| 5 | Indian River Estates | $64,063 (±$15,660) |
| 6 | Lakewood Park | $64,023 (±$5,862) |
| 7 | River Park | $55,437 (±$14,004) |
| 8 | Fort Pierce South | $50,503 (±$22,299) |
| 9 | Fort Pierce | $47,072 (±$3,864) |
| 10 | Fort Pierce North | $40,228 (±$11,491) |
Lakewood Park is a census-designated place: an unincorporated community the Census Bureau draws for statistics, with no municipal government of its own.
Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.
Margins of error are at the 90% confidence level.
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Questions about Lakewood Park
What is the median household income in Lakewood Park?
The median household income in Lakewood Park is $64,023 (±$5,862) a year (2020–2024 American Community Survey).
How much do you need to make to afford rent in Lakewood Park?
About $48,200 a year, if rent is to stay at or below 30% of income at the median gross rent of $1,206 a month.
Have incomes in Lakewood Park kept up with inflation?
In Lakewood Park, the median household income went from $49,529 in 2015–2019 to $64,023 in 2020–2024 (+29.3%).
Prices (CPI-U) rose 22.7% over the same years; the change is not measurably different from the rise in prices.
What do renters earn in Lakewood Park?
The median renting household in Lakewood Park, FL earns $50,139 (±$22,991) a year.
Sources
- Selected Economic Characteristics (DP03), 2020–2024 ACS 5-year estimates — Lakewood Park CDP, Florida
- Median Household Income by Tenure (B25119), 2020–2024 ACS 5-year estimates — Lakewood Park CDP, Florida
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Lakewood Park CDP, Florida
- Median Household Income (B19013), 2015–2019 ACS 5-year estimates — Lakewood Park CDP, Florida
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — Lakewood Park CDP, Florida
- Median Value (B25077), 2015–2019 ACS 5-year estimates — Lakewood Park CDP, Florida
- Consumer Price Index for All Urban Consumers (CPI-U), US city average, all items, US Bureau of Labor Statistics: annual averages 2019 and 2024
To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) and detailed tables (acs/acs5) for Lakewood Park CDP, Florida (place:39062, in state:12).
Each estimate (E or PE) has a margin of error beside it (M or PM).
The 2015–2019 figures are B19013_001E, B19013_001M, B25064_001E, B25064_001M, B25077_001E, B25077_001M from the 2019 release.
The API needs a free key.
DP03_0062E, DP03_0062M, B25119_003E, B25119_003M, B25119_002E, B25119_002M, DP04_0134E, DP04_0134M
This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.
Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.
Figures last updated on .
Related
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- Median rent in Lakewood Park
- Rent by bedrooms in Lakewood Park
- Rent burden in Lakewood Park
- Renters and owners in Lakewood Park
- Home values in Lakewood Park
- Homeowner costs in Lakewood Park
- Property taxes in Lakewood Park
- Types of homes in Lakewood Park
- Bedrooms in Lakewood Park
- Age of homes in Lakewood Park
- Heating fuel in Lakewood Park
- Commute and cars in Lakewood Park
- Population growth in Lakewood Park
- How long people stay in Lakewood Park
- Crowding and facilities in Lakewood Park
- Florida landlord and tenant rules
- Housing across St. Lucie County
- Florida places ranked by median household income
- Housing data for every place in Florida