The Town FilesLakewood, Wisconsin
Town in Oconto County · population 831 (2020 Census)
- Median home
- $234,200
- Household income
- $67,000
- Jan low / Jul high
- 4° / 79°
- Snow a year
- 61 in
- Tornadoes ≤10 mi since 1950
- 4
- Median age
- 57.3
Lakewood is a town of 831 people in Oconto County, Wisconsin. The median home is worth $234,200, below the typical Wisconsin town ($256,000). It ranks quieter than 100% of Wisconsin towns, better for first-time buyers than 100% of Wisconsin towns, better for a vacation home than 83% of Wisconsin towns.
How Lakewood ranks
Percentile among Wisconsin towns with at least 500 people on The Town Files lifestyle rankings. 50 is typical for the state; 90 means better than 90% of Wisconsin towns.
Homes and cost of living
The median home in Lakewood is worth $234,200, below the typical Wisconsin town ($256,000). Homes cost about 3.5 times the median household income of $67,000, which is more affordable than 32% of Wisconsin towns. 96.2% of households own their home.
| Housing | Lakewood | Typical Wisconsin town |
|---|---|---|
| Median home value | $234,200 | $256,000 |
| Median rent | — | $951 |
| Median household income | $67,000 | $82,217 |
| Home value ÷ income | 3.5× | 3.1× |
| Homeownership | 96.2% | 86.8% |
| Median year built | 1988 | 1978 |
| Seasonal / vacation homes | 66.2% | — |
Who lives in Lakewood
| People | Lakewood | Typical Wisconsin town |
|---|---|---|
| Median age | 57.3 | 45.1 |
| Age 65 and over | 32.1% | 21.0% |
| Under 18 | 10.5% | — |
| Bachelor's degree or higher | 22.7% | 23.8% |
| Below the poverty line | 14.1% | 7.2% |
| Veterans | 9.7% | — |
| Born outside the U.S. | 1.1% | — |
| Work from home | 24.5% | 10.9% |
| Average commute | 17.5 min | 24.6 min |
| Homes with broadband | 87.7% | 89.1% |
Weather in Lakewood
July highs average 78.5°F and January lows 4.3°F. About 32.8 inches of rain and melted snow fall a year, with 61.1 inches of snow (typical Wisconsin town: 45.7 in). Expect about 5 days a year at 90°F or hotter and 188 nights at or below freezing.
Tornadoes, storms and disasters
4 tornadoes have passed within 10 miles of Lakewood since 1950, compared with 15 for the typical Wisconsin town. 4 rated (E)F2 or stronger. The strongest, an F3, struck on September 28, 1971 about 9.4 miles from the town center. The most recent was on June 15, 2022.
Hail of 1 inch or larger has been reported within 10 miles 4 times; the largest was 1.75 inches on July 13, 2004.
Severe weather in Oconto County since 1996
Oconto County has been included in 6 federal disaster or emergency declarations since 1953, most often for flood, drought, hurricane.
| Declared | Incident | Declaration |
|---|---|---|
| April 4, 2020 | Biological | DR-4520: Covid-19 Pandemic |
| March 13, 2020 | Biological | EM-3454: Covid-19 |
| August 27, 2019 | Flood | DR-4459: Severe Storms, Tornadoes, Straight-Line Winds, And Flooding |
| September 13, 2005 | Hurricane | EM-3249: Hurricane Katrina Evacuation |
| June 17, 1976 | Drought | EM-3014: Drought |
Jobs and pay in Oconto County
Oconto County had 9,125 jobs in 2024, paying an average of $46,685 a year. Unemployment was 3.3% in 2023; in Lakewood itself the ACS puts it at 3%.
Towns near Lakewood
- Riverview, WI6.6 mi · 819 people · home $191,100
- Wabeno, WI8.9 mi · 1,074 people · home $178,800
- Silver Cliff, WI9.8 mi · 514 people · home $228,800
- Townsend, WI9.8 mi · 1,044 people · home $252,900
- Mountain, WI12.2 mi · 832 people · home $205,400
- Athelstane, WI15.4 mi · 554 people · home $173,400
- Wolf River, WI16.0 mi · 783 people · home $193,200
- Stephenson, WI16.0 mi · 3,494 people · home $174,600
Lakewood questions
Is Lakewood, Wisconsin a good place to retire?
On The Town Files lifestyle rankings, Lakewood scores better for retirees than 72% of Wisconsin towns and quieter than 100%. 32.1% of residents are 65 or older (median age 57.3).
How much does a house cost in Lakewood?
The median owner-occupied home in Lakewood is valued at $234,200 (Census ACS 2020–2024), against a median household income of $67,000, so homes cost about 3.5 times income. Median rent is — a month.
What is the weather like in Lakewood?
July highs average 78.5°F and January lows 4.3°F (NOAA 1991–2020 normals). It gets about 32.8 inches of precipitation a year and 61.1 inches of snow.
Does Lakewood get tornadoes?
4 tornadoes have passed within 10 miles of Lakewood since 1950 (NOAA Storm Events); the strongest was a F3 on September 28, 1971. The typical Wisconsin town has had 15.
- 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)