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Lake, Arkansas

Last updated: 2024 BLS data · Page refreshed:

City Profile — Demographics, Income, Education & Housing
Data: U.S. Census Bureau, American Community Survey 2024 5-Year Estimates
2,144
Population
$41,434
Median Income
$133,000
Home Value
36.4
Median Age

Demographics

Lake has a population of 2,144 with a median age of 36.4. Here is the racial and ethnic breakdown of the population:

Black
51.5%
White
35.5%
Hispanic
14.8%
Demographic Value
Total Population2,144
Median Age36.4
White35.5%
Black or African American51.5%
Asian0.2%
Hispanic or Latino14.8%
Lake, Arkansas — racial composition (Census ACS 2024)Donut chart of 4 segments totaling 102.Black: 50.5%White: 34.8%Hispanic/Latino: 14.5%Other: 0.2%2,144PopulationBlackBlack50.5%WhiteWhite34.8%Hispanic/LatinoHispanic/Latino14.5%OtherOther0.2%

Income & Economy

The median household income in Lake is $41,434, which is 48.6% below the national median of $80,610. The per capita income is $24,883. The poverty rate is 18.8%.

$41,434
Median Household Income
$24,883
Per Capita Income
18.8%
Poverty Rate

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Education

In Lake, 87.6% of residents age 25+ have a high school diploma or higher, and 20.4% hold a bachelor's degree or higher (7.9% with a graduate or professional degree).

HS Diploma+
87.6%
Bachelor's+
20.4%
Graduate+
7.9%
Education Level % of Adults (25+)
High School Diploma or Higher87.6%
Bachelor's Degree or Higher20.4%
Graduate or Professional Degree7.9%

Housing

The median home value in Lake is $133,000, below the national median of $303,400. The median monthly rent is $855. The homeownership rate is 56.2%.

$133,000
Median Home Value
$855/mo
Median Rent
56.2%
Homeownership Rate
Housing Metric Value
Median Home Value$133,000
Median Monthly Rent$855
Homeownership Rate56.2%
Vacancy Rate22.1%

Salaries in Arkansas

Explore salary data for popular occupations in Arkansas:

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Other Cities in Arkansas

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Frequently Asked Questions

What is the population of Lake, Arkansas?
The population of Lake, Arkansas is 2,144 according to U.S. Census Bureau ACS 2024 5-Year Estimates.
What is the median household income in Lake, Arkansas?
The median household income in Lake, Arkansas is $41,434. This is 48.6% below the national median of $80,610.
What is the median home value in Lake, Arkansas?
The median home value in Lake, Arkansas is $133,000. The median monthly rent is $855.
What percentage of people in Lake have a college degree?
In Lake, Arkansas, 20.4% of adults age 25 and older hold a bachelor's degree or higher, and 87.6% have a high school diploma or higher.
Is Lake, Arkansas an affordable place to live?
The home price-to-income ratio in Lake, Arkansas is 3.2x (median home value $133,000 vs. median income $41,434), making it relatively affordable by that measure. A ratio under 4.0 is generally considered affordable.

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