Lakewood Village, TX
B
Overall784Population

Photo: Wikipedia

ReloMaps Score7/10
B
Housing9/10
Affordable: 3.2x income
Population Density7/10
Suburban: 1,032/sq mi
Walk1/10
Car-Dependent: 0/100
Air8/10
Great: 47 AQI
Healthcare7/10
Strong
Stability5/10
Shifting
Cost6/10
Average: 155 index
Economic Opportunity7/10
Strong: $154k median
Job Market8/10
Strong: 3.8% unemployment
Wealth Floor10/10
Great
Taxes7/10
Friendly: 8.6% burden
Crime & Safety5/10
Fair
Traffic10/10
Very Safe
Education6/10
Average
Degreed3/10
Low: 38% degreed
Homesteading10/10
Prime
Water8/10
Clean
National Disaster1/10
High-Risk
Power Grid8/10
Reliable: ~153 min/yr

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What It's Like Living in Lakewood Village, TX

Lakewood Village feels less like a typical Texas suburb and more like a quiet, well-kept secret tucked against the shores of Lake Lewisville. With just 784 residents, it’s the kind of place where neighbors know each other by name and the biggest decision of the week might be whether to grill on the deck or head to the marina. Life here moves at a deliberate, unhurried pace, and that’s exactly how most people want it.

The Daily Rhythm: Quiet Mornings, Waterfront Evenings

Most mornings in Lakewood Village start with a view of the lake or a quick walk to the water. The average commute clocks in at just over 33 minutes, which means many residents trade a longer drive to jobs in Denton, Carrollton, or even Dallas for the payoff of coming home to peace and open space. You won’t find a downtown strip or a coffee shop on every corner—the nearest grocery run usually means a short drive to Hickory Creek or Corinth. What you will find is a community that values privacy and low-key living. Weekends often revolve around the lake: fishing off a private dock, kayaking in the coves, or firing up the boat for an afternoon cruise. The Lakewood Village Marina is the social hub in warmer months, where you’ll see pontoon boats tied up and families enjoying the water. For a town this small, the outdoor access is the main draw, and residents lean into it hard.

Who Fits In: Affluent, Established, and Lake-Oriented

This isn’t a starter-home neighborhood. The median home value sits at $494,200, and the median household income is $154,219—well above the national average. The cost of living index of 155 reflects that premium, driven largely by housing and the lakefront lifestyle. The median age of 49.4 tells you this is a place where people have already built their careers and are looking for a slower, more refined pace. About 37.5% of residents hold a college degree, and many work in professional or managerial roles in the broader DFW metroplex. Families are present, but the vibe leans more toward empty-nesters, established couples, and professionals who want a weekend retreat they can live in full-time. If you’re looking for nightlife, a packed social calendar, or a bustling school-centric community, this probably isn’t the fit. But if your idea of a good weekend is a quiet sunset on the dock and a glass of wine with neighbors, you’ll feel right at home.

Sports, Entertainment, and What There Actually Is to Do

Lakewood Village doesn’t have its own high school—students attend schools in the Lake Dallas Independent School District, which is a point of pride for families who value small-school athletics. Friday night lights are a real thing here; the Lake Dallas Falcons football games draw a solid crowd, and it’s one of the few events that brings the broader lake community together. For pro sports, it’s a 35- to 45-minute drive to AT&T Stadium for Cowboys games or the American Airlines Center for Mavericks and Stars action. Most residents don’t make that trip often—they’d rather be on the water. Entertainment is DIY: boat parties, neighborhood cookouts, and the occasional trip to the nearby Lake Lewisville State Park for hiking or camping. For a night out, you’re driving to the restaurants and bars in Highland Village or The Shops at Highland Village, about 10 minutes away, where you’ll find solid options like Lava’s Mexican Restaurant or Brix & Vine for a more upscale meal. There’s no music venue or festival in town, but the annual Lake Lewisville Boat Show and local fishing tournaments bring a seasonal buzz.

Pros and Cons: What Locals Love and What Grinds Their Gears

  • Pro: Unmatched lake access. Living here means you’re never more than a few minutes from the water. Private docks, community boat ramps, and the marina make it a boater’s paradise.
  • Pro: Genuine quiet and privacy. With only 784 people, you won’t deal with traffic jams, crowded stores, or noisy neighbors. The pace is deliberately slow.
  • Pro: Strong property values. The high median home value reflects consistent demand; this isn’t a boom-and-bust market.
  • Con: Limited amenities. No grocery store, no pharmacy, no restaurant within walking distance. Everything requires a drive, and that 33-minute average commute can feel longer if you’re heading into Dallas daily.
  • Con: Higher cost of living. The index of 155 means everyday expenses—especially housing and utilities—are significantly above the national average.
  • Con: Violent crime rate of 345.5 per 100,000. This is higher than the national average and worth noting, though much of it is property-related and concentrated near the lake’s more transient areas. Most residents feel safe, but it’s not a zero-crime bubble.

Weather, Seasons, and the School Connection

Summers are hot and humid, with lake season running from May through September. Winters are mild but can bring the occasional ice storm that shuts down the area for a day or two—locals know to stock up on supplies. Spring and fall are glorious, with perfect temperatures for outdoor projects or lazy afternoons on the water. The schools—Lake Dallas Elementary, Lake Dallas Middle, and Lake Dallas High School—are a central part of community identity for families. Even if you don’t have kids, you’ll see the school calendar shape local life: game nights, band performances, and booster club events are the main social gatherings. For a town this small, the school district provides the only real civic anchor beyond the lake itself.

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