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ZipNumbers

Arkansas · Census place 37780

Lake City city, AR

Quick answer

Lake City city has 2,452 residents, ranking #131 of 625 places in Arkansas. Median household income is $57,449, the median home is worth $125,500 and median gross rent runs $827 a month.

Population
2,452Lake City city residents
Median household income
$57,449Past 12 months, inflation adjusted
Median home value
$125,500Owner-occupied units
Median gross rent
$827Rent plus utilities, monthly
Median age
32.6 yrsAll residents
Homeownership rate
63.1%Owner-occupied households

What the numbers mean in Lake City city

Housing cost measured against local earnings.

A household earning the Lake City city median would spend about 17.3% of gross income on the median rent. The 30% mark is the federal threshold for cost burden, so anything above it signals a stretched rental market. The median home costs 2.2× the median household income; nationally that ratio sits near 4.5×. Poverty affects 13.4% of residents and 63.1% of households own their home.

Source: US Census Bureau, ACS 2019-2023 5-year estimates · rates as published for 2019-2023 ACS 5-year

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