US ZIP Code
54138

Lakewood, WI

Oconto County  ·  Wisconsin

● Active
👥 860 Population ↓ 4% since 2019
💰 $64,924 Median HH Income
▼ 15% below avg ↑ 39% since 2019
🎂 57.8 Median Age ↓ 7% since 2019
🏠 $206,000 Median Home Value
▼ 26% below avg ↑ 30% since 2019
🎓 31.2% College Grads
▼ 20% below avg
📊 5.3% Unemployment
▲ 8% above avg ↓ 33% since 2019
ZIP Code Details
ZIP Code54138
CityLakewood
StateWisconsin (WI)
CountyOconto County
Area Code534/715
Elevation1,175 ft
Latitude45.333606
Longitude-88.409689
TimezoneChicago (DST)
FIPS55083
ZIP TypeStandard
StatusActive
People & Population (ACS 2023)
♂ Male 47.4% (408) Female 52.6% (452) ♀

Race & Ethnicity

White: 90.1%Hispanic: 4.7%Other: 1.7%Race
White90.1%
Hispanic4.7%
Other1.7%

Age Breakdown

Under 5
2%
5–17
10%
18–24
3%
25–44
22%
45–64
31%
65+
17%

Key Indicators

Median Age57.8 yrs ↓ 7% since 2019
Avg Household Size2.19
Below Poverty13.4% ▲ 34% above avg
College Grads31.2% ▼ 20% below avg
Unemployment5.3% ▲ 8% above avg
No HS Diploma7 (1%)
HS Graduate331 (46.9%)
Some College93 (13.2%)
Associates55 (7.8%)
Bachelors60 (8.5%)
Graduate Degree160 (22.7%)

Education

No HS: 1%HS Grad: 46.9%Some College: 13.2%Associates: 7.8%Bachelors: 8.5%Graduate: 22.7%Edu
No HS1.0%
HS Grad46.9%
Some College13.2%
Associates7.8%
Bachelors8.5%
Graduate22.7%
Housing & Income

Housing Tenure

Owner: 93.1%Renter: 6.9%Tenure
Owner93.1%
Renter6.9%

Home Value Distribution

Under $50k
1%
$50k–100k
13%
$100k–150k
18%
$150k–200k
16%
$200k–300k
25%
$300k–500k
18%
Over $500k
9%

Financials

Median HH Income$64,924 ▼ 15% below avg ↑ 39% since 2019
Median Home Value$206,000 ▼ 26% below avg ↑ 30% since 2019
Home/Income Ratio3.2x (nat avg ~3.5x)
Total Units1,287
Vacant Units895
Avg HH Size2.19

Income Distribution

Under $25k
16%
$25k–50k
16%
$50k–75k
19%
$75k–100k
12%
$100k–150k
27%
$150k–200k
5%
Over $200k
5%
Employment & Commute

How People Get to Work

Drove Alone
72%
Work From Home
28%

Commute Time

Under 15 min
60%
15–30 min
20%
30–45 min
4%
Over 45 min
15%
Housing Stock

Year Built

Before 1940
1%
1940s–1950s
6%
1960s–1970s
10%
1980s–1990s
29%
2000+
54%

Summary

Total Units1,287
Vacant895
Owner Occupied93.1%
Renter Occupied6.9%
Avg HH Size2.19
Frequently Asked Questions
ZIP code 54138 is in Lakewood, WI, in Oconto County.
ZIP code 54138 is located in Wisconsin (WI).
ZIP code 54138 is in Oconto County, WI.
ZIP 54138 observes the Chicago timezone. Daylight Saving Time is observed.
The estimated population of ZIP code 54138 is 860 people (ACS 2023).
The median household income in ZIP code 54138 is $64,924 (ACS 2023).
The median home value in ZIP 54138 is $206,000 (ACS 2023).
About ZIP Code 54138

ZIP code 54138 is located in Lakewood, Wisconsin, within Oconto County. With a population of 860, this is a sparsely populated ZIP code with an older community — the median age is 57.8 years. Economically, 54138 is a solidly middle-class ZIP code: the median household income of $64,924 is near the national average.

Real estate in ZIP code 54138 represents an affordable housing market. The median home value of $206,000 is below the national average. Homeownership is strong here — 93.1% of occupied units are owner-occupied, suggesting an established, stable residential community. Median home values have increased by 30% since 2019.

The population of 54138 is primarily White (90.12%). Residents are moderately educated — 31.2% hold a bachelor's degree or higher, which is below the national average. Poverty affects some residents at 13.4%. Household income has grown by 39% since 2019.

The unemployment rate in 54138 stands at 5.3%, which is near the national average. A notably high share of workers — 27% — work from home, reflecting the professional makeup of the area. As in most parts of the country, driving alone is the dominant commute mode at 69%.

Overall, ZIP code 54138 in Lakewood, WI is characterized as solidly middle-class, moderately educated, an older community, and predominantly owner-occupied. With 860 residents, a median household income of $64,924, and a median home value of $206,000, it offers a clear picture of life in this part of Wisconsin.