The Town FilesLakewood Village, Texas
City in Denton County · population 635 (2020 Census)
- Median home
- $522,200
- Household income
- $152,000
- Jan low / Jul high
- 34° / 96°
- Snow a year
- 0 in
- Tornadoes ≤10 mi since 1950
- 26
- Median age
- 53.2
Lakewood Village is a city of 635 people in Denton County, Texas. The median home is worth $522,200, above the typical Texas town ($184,100). It ranks more upscale than 87% of Texas towns, better for families than 81% of Texas towns, better transit than 74% of Texas towns.
How Lakewood Village ranks
Percentile among Texas towns with at least 500 people on The Town Files lifestyle rankings. 50 is typical for the state; 90 means better than 90% of Texas towns.
Homes and cost of living
The median home in Lakewood Village is worth $522,200, above the typical Texas town ($184,100). Homes cost about 3.4 times the median household income of $152,000, which is more affordable than 32% of Texas towns. 97.9% of households own their home.
| Housing | Lakewood Village | Typical Texas town |
|---|---|---|
| Median home value | $522,200 | $184,100 |
| Median rent | — | $1,086 |
| Median household income | $152,000 | $65,842 |
| Home value ÷ income | 3.4× | 2.9× |
| Homeownership | 97.9% | 72.9% |
| Median year built | 2002 | 1985 |
| Seasonal / vacation homes | 0.0% | — |
Who lives in Lakewood Village
| People | Lakewood Village | Typical Texas town |
|---|---|---|
| Median age | 53.2 | 37.1 |
| Age 65 and over | 24.1% | 15.6% |
| Under 18 | 17.7% | — |
| Bachelor's degree or higher | 38.7% | 18.9% |
| Below the poverty line | 5.1% | 13.1% |
| Veterans | 7.0% | — |
| Born outside the U.S. | 7.2% | — |
| Work from home | 26.6% | 7.8% |
| Average commute | 33.3 min | 26.1 min |
| Homes with broadband | 97.5% | 89.2% |
Weather in Lakewood Village
July highs average 95.9°F and January lows 34.1°F. About 38.4 inches of rain and melted snow fall a year, with 0.1 inches of snow (typical Texas town: 0.2 in). Expect about 95 days a year at 90°F or hotter and 38 nights at or below freezing.
Tornadoes, storms and disasters
26 tornadoes have passed within 10 miles of Lakewood Village since 1950, compared with 21 for the typical Texas town. 7 rated (E)F2 or stronger. The strongest, an F3, struck on April 2, 1957 about 8.8 miles from the town center and killed 10. Tornadoes within 10 miles have caused 10 deaths and 207 injuries since 1950. The most recent was on August 28, 2025.
Hail of 1 inch or larger has been reported within 10 miles 276 times; the largest was 4.50 inches on May 6, 2001.
Severe weather in Denton County since 1996
Denton County has been included in 24 federal disaster or emergency declarations since 1953, most often for fire, flood, other.
| Declared | Incident | Declaration |
|---|---|---|
| May 17, 2024 | Flood | DR-4781: Severe Storms, Straight-Line Winds, Tornadoes, And Flooding |
| February 19, 2021 | Severe Ice Storm | DR-4586: Severe Winter Storms |
| February 14, 2021 | Severe Ice Storm | EM-3554: Severe Winter Storm |
| March 25, 2020 | Biological | DR-4485: Covid-19 Pandemic |
| March 13, 2020 | Biological | EM-3458: Covid-19 |
Jobs and pay in Denton County
Denton County had 313,782 jobs in 2024, paying an average of $65,626 a year. Unemployment was 3.5% in 2023; in Lakewood Village itself the ACS puts it at 2.2%.
Towns near Lakewood Village
- Oak Point, TX2.5 mi · 4,357 people · home $395,900
- Lake Dallas, TX2.7 mi · 7,708 people · home $269,000
- Hackberry, TX3.5 mi · 2,973 people · home $416,600
- Hickory Creek, TX3.8 mi · 4,718 people · home $507,200
- Shady Shores, TX3.8 mi · 2,764 people · home $492,300
- Little Elm, TX5.1 mi · 46,453 people · home $420,700
- The Colony, TX5.3 mi · 44,534 people · home $383,900
- Corinth, TX5.5 mi · 22,634 people · home $375,600
Lakewood Village questions
Is Lakewood Village, Texas a good place to retire?
On The Town Files lifestyle rankings, Lakewood Village scores better for retirees than 40% of Texas towns and quieter than 37%. 24.1% of residents are 65 or older (median age 53.2).
How much does a house cost in Lakewood Village?
The median owner-occupied home in Lakewood Village is valued at $522,200 (Census ACS 2020–2024), against a median household income of $152,000, so homes cost about 3.4 times income. Median rent is — a month.
What is the weather like in Lakewood Village?
July highs average 95.9°F and January lows 34.1°F (NOAA 1991–2020 normals). It gets about 38.4 inches of precipitation a year and 0.1 inches of snow.
Does Lakewood Village get tornadoes?
26 tornadoes have passed within 10 miles of Lakewood Village since 1950 (NOAA Storm Events); the strongest was a F3 on April 2, 1957. The typical Texas town has had 21.
- U.S. Census Bureau, American Community Survey 5-year estimates (2020–2024)
- U.S. Census Bureau, 2020 Census and 2025 Gazetteer (2020 / 2025)
- NOAA NCEI U.S. Climate Normals (1991–2020)
- NOAA NCEI Storm Events Database (1950–2026)
- FEMA OpenFEMA Disaster Declarations (this product uses the FEMA OpenFEMA API but is not endorsed by FEMA) (1953–2026)
- NCES Common Core of Data (2023–24)
- BLS Quarterly Census of Employment and Wages; USDA ERS county unemployment (BLS LAUS) (2000–2024)
- The Town Files lifestyle rankings, built from federal demographic, school, crime and housing data (2025)