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Lakewood Terrace, St. Petersburg,FL

Neighborhood Data
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If you’re considering a move to the southeast part of St. Petersburg, FL, Lakewood Terrace is a charming neighborhood that offers a perfect blend of suburban comfort and urban convenience. This area is especially attractive to families and professionals alike, thanks to its quiet streets lined with well-maintained homes and friendly neighbors. One of the biggest draws is the abundance of green spaces, including nearby parks where you can enjoy weekend picnics or a morning jog. Plus, the community vibe here is strong, with local events and gatherings that help newcomers quickly feel at home.

Lakewood Terrace is well-known for its close proximity to some fantastic attractions and amenities. For instance, the Sunken Gardens, a beautiful botanical garden with exotic plants and waterfalls, is just a short drive away and makes for a lovely weekend outing. Additionally, the neighborhood benefits from easy access to several shopping centers and dining options that showcase the vibrant culinary scene of St. Petersburg. Whether you’re in the mood for a casual café or a more upscale dining experience, you’ll find plenty of choices nearby. The area also boasts excellent schools, making it a great spot for families with children.

One of the biggest advantages of settling in Lakewood Terrace is how close it is to Downtown St. Petersburg, which is only about a 10 to 15-minute drive depending on traffic. This means you can enjoy the bustling downtown atmosphere, including arts and cultural events, museums, and waterfront activities, without having to live right in the middle of it all. For commuters, the location offers easy access to major roadways, helping you get around the greater Tampa Bay area with ease. Overall, Lakewood Terrace delivers a wonderful balance of peaceful neighborhood living while staying connected to all the excitement and amenities that St. Petersburg has to offer.

Community Snapshot

Population 1,889
Density (People/sqml.) 1,950
Median Age 46.6
Married Couples
50%
50% of the population of Lakewood Terrace aged 16 years and older are married.
Have Kids
10%
10% of the population aged 16 years or older have children.

In Lakewood Terrace, 10% of residents aged 16 and older are married, which is notably higher than the national average. This could point to a more settled, community-driven neighborhood where long-term residents and homeowners are common. It’s the kind of place where stability, and a close-knit atmosphere make it especially appealing to families and couples looking to put down roots.

With only 10% of people over 16 having children, you can expect an easygoing environment that tends to attract residents seeking a quieter lifestyle. The atmosphere here leans more toward adult-oriented living. Without the constant rhythm of school schedules or kid-centered events, the community maintains a slower, more relaxed pace. This makes it especially appealing to singles, couples, and empty nesters who appreciate tranquil streets, and recreation on their own terms.

Age Breakdown

Lakewood Terrace neighborhood age breakdown chart

Lakewood Terrace demographics offer valuable insights into the character and lifestyle of the neighborhood, helping you understand who lives there and what daily life might feel like. Home to only about 1,889 residents, Lakewood Terrace is notably smaller than many other St. Petersburg neighborhoods, creating a more peaceful and community-oriented atmosphere. Its lower population can translate to quieter streets, a more relaxed pace of life, and easier access to local amenities — all without sacrificing the vibrant urban lifestyle the city is known for.

With a lower than average population density of 1,950 people per square mile, Lakewood Terrace offers a more open and spacious environment compared to many other St. Petersburg neighborhoods. This often means quieter streets, less congestion, and a relaxed atmosphere — all while still providing access to the amenities and conveniences of city living.

Home to a population with a higher-than-average age of 47, this area offers a calm and refined atmosphere shaped by experience and tradition. The neighborhood’s more mature demographic fosters a strong sense of community, a relaxed pace of life, and an environment that’s both welcoming and well-established — making it an especially appealing choice for retirees seeking comfort, stability, and connection.

Crime in Lakewood Terrace

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Total Crime Incidents
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Types of Crime

Lakewood Terrace neighborhood age breakdown chart

Lakewood Terrace Crime Map

The Lakewood Terrace crime map offers a clear, data-driven look at how crime is distributed throughout the neighborhood, using block group data to highlight both safer areas and potential hot spots. The color-coded map makes it easy to see where crime is more concentrated and where it occurs less frequently, helping residents and prospective buyers better understand local safety patterns. It’s important to note that darker or red zones on the map don’t necessarily mean those areas are unsafe — locations near busy transit hubs, shopping districts, or popular attractions often show higher activity simply due to larger crowds and increased foot traffic.

Housing

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Home Price $218,600
Median Rent $1,316
People/Household 2.1

Home Price Breakdown

Lakewood Terrace neighborhood home price breakdown chart

Rent vs Own

Rent 22% Own 78%

Year Moved In

Before 2010 50% After 2010 50%

Types of Homes in the Area

Market Trends

Year-over-Year YoY data

 

Housing prices can reveal a lot about the balance and overall appeal of a neighborhood. In Lakewood Terrace, the median home price is about $218,600, which is on par with many comparable areas. This average pricing reflects a stable, affordable housing market and makes the neighborhood an appealing choice for a wide range of buyers seeking both value and long-term potential. Examining how home prices and appreciation rates in Lakewood Terrace have shifted over time can reveal important clues about the neighborhood’s future value. These trends help potential buyers and investors understand market momentum and determine whether the area is likely to deliver strong returns over the long term.

The median rent is around $1,316, which is on par with many comparable neighborhoods. This balanced pricing offers a mix of affordability and value, making it a practical choice for a wide range of renters.

Walkability & Lifestyle

Coffee Shops

Southside Craft Coffee Brew Bar
Coffee Shop
min.
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The Campus Grind
Coffee Shop
min.
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Entertainment

Theatre Arts
Theatre Arts
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Lake Maggiore Environmental Education Center
Museum
min.
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Food & Drink

McDonald's
Fast Food
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king's Liquors
Alcohol
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Groceries

Save-A-Lot
Grocery Store
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ALDI
Grocery Store
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Parks

Lakewood Terrace Neighborhood Park
Park
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Playground
Playground
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Shops

7-Eleven
Convenience Store
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Fourth Street Food Mart
Convenience Store
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Getting Around

Transit Stops

6th Street South & 36th Avenue South
Bus Stop
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6th Street South & 35th Avenue South
Bus Stop
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Transit Stations

 
 
 
 
 
 
 
 
 
 
 
 

Health & Safety

Medical Facilities

Kindred Hospital - Bay Area Saint Petersburg
Hospital
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Coast Guard Medical Clinic
Clinic
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Health Care

Bayfront Family Health Center
Doctor
min.
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Bayfront Health Saint Petersburg's Sports Medicine Center
Doctor
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Safety

Lake Maggoire Fire Department Station 8
Fire Station
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University Police Services (POL)
Police
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Top Neighborhood Schools

Name Category Grades Rating
University Preparaory Academy Hillsborough
2802 10Th St. S., St. Petersburg, FL
Elementary School M - M School Score
Lakewood Community
1400 54Th Ave S, St Petersburg, FL
Elementary School M - M School Score
Charles Britt Academy
3001 26Th Ave S, St Petersburg, FL
High School 6 - 12 School Score
Bay Vista Fundamental Elementary School
5900 Dr Martin L King St S, St Petersburg, FL
Elementary School KG - 5 School Score
Lakewood High School
1400 54Th Ave S, St Petersburg, FL
High School 9 - 12 School Score
Bethel Community Christian School
2901 54Th Ave S, St Petersburg, FL
High School KG - 12 School Score
Gibbs High School
850 34Th St S, St Petersburg, FL
High School 9 - 12 School Score

Education Level Achieved

School ratings in Lakewood Terrace combine factors like student performance, graduation rates, and standardized test scores to provide a clear picture of overall educational quality. The use of NAEP (National Assessment of Educational Progress) scores adds valuable context by offering a consistent national benchmark to see how local schools compare on a broader scale. Additionally, understanding the overall education level achieved by residents in Lakewood Terrace can give insight into the community’s priorities and opportunities, helping families make more informed decisions about where to live and how well local schools may support long-term student success.

Economy

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Income Per Capita $55,590
Household Income $72,061
Unemployment 4.4%

Income Breakdown

Lakewood Terrace Income breakdown chart

Employment by Industry

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Local economic factors help define the character and opportunities within a neighborhood, shaping everything from lifestyle to overall accessibility. Household incomes in Lakewood Terrace average around $72,061, which is about on par with many surrounding neighborhoods. This balanced income level supports a diverse community and offers a stable, well-rounded environment for residents.

The employment landscape offers valuable insight into the stability and economic health of a neighborhood. In Lakewood Terrace, the unemployment rate sits at around 4%, which is about average compared to many other areas. This balanced rate reflects a steady local economy and a reliable foundation for residents and businesses alike.

Frequently Asked Questions

What are some of the highlights?

Lakewood Terrace boasts a charming mix of historic bungalows and tree-lined streets that give the neighborhood a cozy, welcoming feel. One of the highlights is its proximity to the renowned Sunken Gardens, a 100-year-old botanical garden filled with exotic plants and waterfalls. Residents also enjoy easy access to the bustling Central Avenue, where a variety of unique shops, cafes, and art galleries add to the neighborhood’s vibrant character.

Are there major highways or transit lines nearby?

Yes, Lakewood Terrace benefits from convenient access to major routes such as Interstate 275, which connects residents to Tampa and Clearwater, as well as Downtown St. Petersburg. Additionally, the Pinellas Suncoast Transit Authority (PSTA) provides bus services throughout the area, making commuting and exploring the greater St. Petersburg region straightforward and efficient.

Are there any community events or local gatherings throughout the year?

Lakewood Terrace hosts several community-oriented events that foster neighborhood spirit. Popular gatherings include the annual Lakewood Crafts Festival, where local artisans display their work, and seasonal block parties that bring residents together for food, music, and games. The nearby Lakewood United Methodist Church also organizes charity events and social activities that engage many community members throughout the year.

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