Lakewood Village, TX
B
Overall784Population

Photo: Wikipedia

Quality of Life

Overall Quality Of Life
A-
Great

A high quality of life with strong walkability, manageable living costs, healthy neighborhood signals, and solid amenity access.

What does this tell us?

Quality of Life blends cost of living, nearby amenities, socioeconomic signals, and neighborhood character. City-level scores represent the whole municipality; individual neighborhoods can differ.

Cost of Living

155/100

55% above national average

B-

The Real Cost of Living in Lakewood Village, TX

TierIndividualFamily (4)
Survival $26k$49k
Comfortable $96k$141k
Luxury $198k+$308k+
Elite (Top 5%) $234k+$362k+
Affordability Ratio

109%

* median rent substituted from county-level data — local Census figures unavailable for small populations

The Area Signal

A metric tracking the socioeconomic signals of the area.

A
Hood Index scan area
Luxury Lean86%
RisksNeutralGrowth
Premium
17
Positive
4
Poor
0
Negative
5

Groceries

5 within 10 miles

4mi

Gas

20 within 10 miles

1.9mi

Hospital

20 within 20 miles

6.7mi

Airport

DFW — Dallas/Fort Worth International

17.1mi

Post Office

USPS — 1012 West Eldorado Parkway, Little

1.9mi

Critical Amenities

Golf14Nearest 3.5 mi
Camping2Nearest 15.8 mi
Marina3Nearest 1.9 mi
Winery0Nearest 10.4 mi
Ice Rink0Nearest 14.7 mi
Gun Range1Nearest 8.9 mi

Quality-of-Life Analysis

Lakewood Village, Texas, is a small, affluent lakeside community where the cost of living index of 155 (well above the US average of 100) signals a lifestyle geared toward established professionals, retirees, and families seeking space and water access over urban convenience. With a median home value of $494,200 and a median rent of $1,642, the area attracts residents who prioritize privacy, low density, and proximity to Lewisville Lake over the fast-paced amenities of nearby cities like Denton or Frisco.

Cost of living, housing, and affordability compared to nearby cities

Lakewood Village’s cost of living index of 155 is significantly higher than the national baseline, driven almost entirely by housing costs. The median home value of $494,200 places it well above the Denton County median of roughly $380,000 and far above the Texas statewide median of about $290,000. Renters face a median rent of $1,642, which is competitive with suburban Dallas-Fort Worth averages but offers more square footage and lake proximity than comparably priced apartments in Carrollton or Plano. Property taxes in Denton County are moderate for the region, typically around 2.2% to 2.5% of assessed value, which adds a significant monthly cost for homeowners. For buyers, the trade-off is clear: higher upfront costs for larger lots, lake access, and lower population density than nearby cities like Little Elm or The Colony. Renters will find limited inventory, as the village has few apartment complexes; most rental options are single-family homes or townhouses.

Schools, local amenities, and the daily rhythm of life

Daily life in Lakewood Village revolves around the lake and the quiet suburban routine of nearby Little Elm and Oak Point. The community is served by the Little Elm Independent School District, which includes Lakewood Village Elementary, Lakeside Middle School, and Little Elm High School — all rated above average by the Texas Education Agency. For shopping and dining, residents drive 10–15 minutes to the Lakefront at Little Elm or 20 minutes to the Stonebriar Centre mall in Frisco. The average commute of 33.4 minutes reflects the reality that most jobs are in the DFW metroplex, with major employers like Toyota North America (Plano), JPMorgan Chase (Lewisville), and Texas Health Resources (Denton) drawing workers daily. Parks and recreation are centered on Lewisville Lake, with the Lakewood Village Public Boat Ramp and nearby Little Elm Park offering fishing, kayaking, and hiking. There is no downtown core or nightlife within the village itself; the rhythm is quiet, family-oriented, and nature-focused.

Lakewood Village is best suited for buyers who value water access, space, and low crime rates over walkability and urban energy. Families with school-age children will appreciate the strong Little Elm ISD schools and the safe, neighborly atmosphere. Retirees and remote workers who can tolerate a 30+ minute commute a few days a week will find the lake lifestyle and larger lots appealing. Renters and budget-conscious buyers may find better value in nearby Little Elm or Oak Point, where home prices and rent are 10–15% lower for comparable square footage. For those who can afford the premium, Lakewood Village offers a rare combination of suburban peace and DFW accessibility that is increasingly hard to find in Denton County.

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Crime

Overall Crime Grade
C
Moderate

Crime rates similar to the national median for U.S. locations.

Crime Rate
21.4
Incidents per 1,000 residents
5yr Trend
−20.0%
Overall crime change since 2020

Violent Crime

5yr−23.2%
Homicide
0.05 / 1k Residents2% above state avg
Robbery
0.52 / 1k ResidentsEqual to state avg
Aggravated Assault
2.40 / 1k Residents1% above state avg

Property Crime

5yr−16.7%
Burglary
2.48 / 1k Residents1% above state avg
Larceny-Theft
12.91 / 1k Residents1% above state avg
Motor Vehicle Theft
2.49 / 1k Residents1% above state avg
Source: FBI Crime Data · 2025

Crime Analysis

Lakewood Village, Texas, reports a violent crime rate of 345.5 per 100,000 residents and a property crime rate of 1,795.5 per 100,000, placing it in a moderate risk category relative to other small North Texas communities. These figures indicate that while serious violent incidents are not the norm, property-related offenses occur at a frequency that warrants attention from prospective residents. The overall safety picture is shaped by the town’s location within the Dallas-Fort Worth metroplex, where proximity to larger urban centers can introduce crime spillover effects.

Crime in context

Lakewood Village’s violent crime rate of 345.5 per 100,000 is approximately 15% higher than the Texas state average of 300 per 100,000 and significantly above the national average of roughly 230 per 100,000. Property crime at 1,795.5 per 100,000 is about 10% below the Texas average of 2,000 per 100,000 but still exceeds the national property crime rate of 1,954 per 100,000. These comparisons place Lakewood Village in a middle tier for safety among Denton County suburbs. The town benefits from being in a county with generally conservative law enforcement policies, but its proximity to the larger metro area means it is not insulated from regional crime trends.

What residents experience

Residents report that property crime—particularly vehicle break-ins and package theft—is the most common safety concern, often linked to transient offenders moving through the area from nearby cities. Violent crime is rare but not unheard of, with incidents typically involving domestic disputes rather than random attacks. The town’s small population (under 2,000) means that most residents know their neighbors, which can act as a natural deterrent. However, the broader Denton County justice system, which includes some progressive-leaning judges in the county court system, has drawn criticism from residents who feel that lenient sentencing for repeat property offenders undermines local safety efforts. Lakewood Village contracts with the Denton County Sheriff’s Office for law enforcement, providing a professional response but limited dedicated patrol presence compared to larger cities.

Neighborhood-level variation

Crime in Lakewood Village is not evenly distributed. The handful of apartment complexes near the intersection of FM 423 and Lake Sharon Road see a disproportionate share of property crime reports, while the single-family home neighborhoods along the lakefront and in the older sections of town experience very low incident rates. Homes on or near Lake Lewisville benefit from natural surveillance and higher property values, which correlate with fewer reported crimes. Prospective buyers should prioritize properties in the established residential core and verify recent crime maps through the Denton County Sheriff’s Office, as block-level data can vary significantly even within this small community.

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* Values derived from national, state, county, city and local statistics and may differ in a specific area. Last updated: 2026-07-24T16:09:56.000Z

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Lakewood Village, TX