Lakewood township, Minnesota Housing

Lakewood township, Minnesota has a population of 2,180, with a median household income of $102,400.

Current housing data for Lakewood township.

$395,000

👥

Population

2,180

💰

Median Income

$102,400

📉

Unemployment

2.90%

🏠

Housing Price

$395,000

🚨

Crime Rate

5.80

🌐

Internet Speed

200.00 Mbps

Lakewood township is a small local community located in Minnesota. The city has a population that is below the average city population in Minnesota, contributing to its local economic activity, housing demand, and infrastructure development. Population size can significantly influence transportation systems, commercial growth, educational services, and employment opportunities within the region.

Lakewood township, located in Minnesota, is a city that reflects important demographic and economic patterns within the region.

Population Overview

Lakewood township has a population of 2,180, which is below the state average. This suggests a smaller and more localized community environment.

Income and Economy

The median household income in Lakewood township is $102,400, which is above the state average. This reflects stronger earning potential and economic stability.

Housing Market

Housing prices in Lakewood township average around $395,000, which is relatively high compared to other cities in Minnesota.

Employment and Safety

The unemployment rate in Lakewood township is 2.90%, which is lower than the state average, indicating a relatively strong job market. Lakewood township has a lower crime rate than the state average, contributing to a relatively safer living environment.

City Comparison

Compared to other cities in Minnesota, Lakewood township shows distinct differences in population size, economic activity, and housing affordability, making it a unique case for analysis.

As part of Minnesota, Lakewood township contributes to the broader economic and social landscape, offering insights into regional development.

Frequently Asked Questions about Lakewood township

What is the population of Lakewood township?

The population of Lakewood township is approximately 2,180.

Is Lakewood township a good place to live?

Lakewood township offers a mix of economic conditions, housing affordability, and population size, making it suitable for different types of residents.

What is the average income in Lakewood township?

The median household income in Lakewood township is around $102,400.

How expensive is housing in Lakewood township?

The average housing price in Lakewood township is approximately $395,000.