On April 26, 1977, Lakewood Village was officially incorporated as The Town of Lakewood Village, Texas. Originally envisioned and marketed as a golf course and airplane community that featured a runway for small engine planes, the town has evolved into a relaxed and quiet lakeside hometown. As of 2006 the Town was zoned entirely residential. In 2019 the International Dark-Sky Association designated Lakewood Village as the 23rd International Dark Sky Community in the world.
Geography
Lakewood Village is located at . Lakewood Village is located between I-35 and the Dallas North Tollway on the Lewisville Lake/FM 720 corridor, at the foot of the Lewisville Lake toll bridge. According to the United States Census Bureau, the city has a total area of, of which is land and 1.35% is water.
Demographics
As of the census of 2000, there were 342 people, 117 households, and 104 families residing in the city. The population density was 465.4 people per square mile. There were 123 housing units at an average density of 167.4/sq mi. The racial makeup of the city was 95.61% White, 2.34% African American, 1.17% from other races, and 0.88% from two or more races. Hispanic or Latino of any race were 4.09% of the population. There were 117 households, out of which 42.7% had children under the age of 18 living with them, 77.8% were married couplesliving together, 6.8% had a female householder with no husband present, and 11.1% were non-families. 5.1% of all households were made up of individuals, and 1.7% had someone living alone who was 65 years of age or older. The average household size was 2.92 and the average family size was 3.02. In the city, the population was spread out, with 29.2% under the age of 18, 4.1% from 18 to 24, 32.5% from 25 to 44, 26.6% from 45 to 64, and 7.6% who were 65 years of age or older. The median age was 38 years. For every 100 females, there were 113.8 males. For every 100 females age 18 and over, there were 105.1 males. The median income for a household in the city was $66,667, and the median income for a family was $56,875. Males had a median income of $50,278 versus $28,438 for females. The per capita income for the city was $22,899. None of the families and 1.6% of the population were living below the poverty line, including no under eighteens and none of those over 64.