Arkansas · Census place 38170
Lake Village city, AR
Quick answer
Lake Village city has 2,280 residents, ranking #135 of 625 places in Arkansas. Median household income is $44,803, the median home is worth $120,200 and median gross rent runs $850 a month.
- Population
- 2,280Lake Village city residents
- Median household income
- $44,803Past 12 months, inflation adjusted
- Median home value
- $120,200Owner-occupied units
- Median gross rent
- $850Rent plus utilities, monthly
- Median age
- 36.6 yrsAll residents
- Homeownership rate
- 57.2%Owner-occupied households
What the numbers mean in Lake Village city
Housing cost measured against local earnings.
A household earning the Lake Village city median would spend about 22.8% 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 2.7× the median household income; nationally that ratio sits near 4.5×. Poverty affects 18% of residents and 57.2% of households own their home.
Source: US Census Bureau, ACS 2019-2023 5-year estimates · rates as published for 2019-2023 ACS 5-year
Compare with nearby places
Places of similar size in Arkansas.
- Holiday Island city 2,405
- Bay city 2,369
- Prairie Creek CDP 2,367
- Eureka Springs city 2,269
- Fairfield Bay city 2,247
- Marked Tree city 2,235
- Star City city 2,234
Keep going
More Arkansas coverage.