Lakewood is a village in Preston Township, Wayne County, Pennsylvania. Lakewood is on Pennsylvania Route 370 (PA-370), about 7 miles (11 km) east of Thompson, Pennsylvania and about 10 miles (16 km) southwest of Hancock, New York. The Preston Township Municipal Building, the township's only school, Preston Area School, and the Northern Wayne Community Library, part of the Wayne Library Alliance, are both located within the community.
There are also multiple summer camps in the community including Camp Ramah, Camp Morasha, Camp Wequaic, Camp Shoshanim, Camp Nesher, and Camp Lavi.
The Preston Area School has a student enrollment of approximately 190, ranging from grades K-8. Many local volunteer groups use the school as a community center. 28 full and part time fully certified teachers as well as a support staff of 10 members assist in assuring a safe environment for the students to learn in. An active parent Teachers Organization helps support the school and funds cultural arts experiences for the students throughout the year. The Preston Campus also has an active student government that is elected through the Student Council.