Cost Of Living
Residents in this area benefit from an affordable cost of living. This includes goods and services, transportation, housing, utilities, groceries and healthcare.
Housing
The housing category in this area boasts higher than average scores, likely influenced by a positive home affordability ratio, robust appreciation rates or elevated home values.
Amenities
It appears that many amenities may not be conveniently situated within walking distance, potentially necessitating the use of a vehicle or public transit.
Commute
Commuters in this area may experience longer-than-average work commute times due to limited public transportation access.
Health & Safety
Factors like poor air quality and the absence of essential health-related facilities like hospitals, clinics, nursing homes and pharmacies could have played a role in the low score in this category.
Schools
Factors such as lower than average graduation rates, lackluster reading and math scores and the limited accessibility of local elementary and high schools could contribute to the low schools score.
Lakewood Park, Florida is a medium-sized city with a population of 14,760 people. The majority of Lakewood Park residents report their race to be White; this is followed by Black and Asian. Lakewood Park is considered to be a city with an aging population. The average age of all residents is 55, which is well beyond the United States median age average. Long travel times to work can be one of the most frustrating things in the world - right behind housework! If you decide that living in Lakewood Park is the right fit for you, your one way commute time will average 29 minutes, which is about average when compared to the national commute time of 26 minutes.
Living in Lakewood Park can be a fulfilling experience for anyone moving to the town. Having said that, in the state of Florida, there are many amazing places to live, so choose wisely! When searching for a new neighborhood, several factors play a vital role in determining its suitability. Safety should be a top priority, ensuring a secure environment with low crime rates. Proximity to your workplace or school helps minimize commuting time and allows for a better work-life balance. Availability of essential amenities such as parks, coffee shops, restaurants, grocery stores, and healthcare facilities contributes to convenience and well-being. Access to reliable public transportation options facilitates easy commuting and connectivity. Additionally, considering the sense of community and the overall atmosphere that resonates with your lifestyle and preferences fosters a harmonious living experience. Using the livability score which includes data from categories like amenities, commute, education, you can easily compare the best places to live in Lakewood Park and also determine if there are any nearby cities that might be a better match for your lifestyle. You can also compare Lakewood Park to Florida and the national average.
Using data and statistics Lakewood Park has received a livability score of 63/100. This score is ranked in the 51st percentile when compared to all other cities. There are nine total categories that form the livability score. Lakewood Park ranks well for cost of living (A+) and housing (A+) There is at least one category that you should be aware of in Lakewood Park. The following was graded with a discouraging score: amenities (F) and education (F).
The Lakewood Park unemployment rate of 2.1% has continued to decrease over the years and is now well below the national average. The result could lead to reduced poverty and inequality in the area, higher wages and increased economic growth. This is a positive sign in the overall health of the local economy.
For home buyers, real estate will be the largest purchase they will ever make and it will also be their most valuable asset. For renters, the monthly rent paid on their Lakewood Park apartments will most likely be their largest expense. Based on tangible metrics like home and rental affordability and appreciation rates, housing in this area has received a score that is well above the average of every other US city. A thriving real estate market can also generate strong local economic activity and job creation.
Assuming that Lakewood Park meets all of your requirements like low crime rates, good schools and great local amenities, the next most important item to examine is the affordability of real estate in Lakewood Park. Everything else becomes a lot less important if it turns out that home prices in Lakewood Park are simply unattainable. The median home price for Lakewood Park homes is $286,301, which is 4.4% lower than the Florida average. If we take a closer look at the affordability of homes in Lakewood Park, we’ll see that the home price to income ratio is 3.7, which is 11.9% lower than the Florida average.
Why stop at city-to-city? With Local Insights, you can compare neighborhoods, zip codes, or even exact addresses. Access 300+ hyperlocal data points—from schools and crime to housing and amenities—to see which area is the better fit.
| Statistic | Lakewood Park | Florida | National |
| Average one way commute | 29min | 27min | 26min |
| Workers who drive to work | 83.4% | 79.5% | 76.4% |
| Workers who carpool | 9.4% | 9.3% | 9.3% |
| Workers who take public transit | 0.1% | 2.1% | 5.1% |
| Workers who bicycle | 0.0% | 0.7% | 0.6% |
| Workers who walk | 0.0% | 1.5% | 2.8% |
| Working from home | 4.9% | 5.4% | 4.6% |
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