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ZipNumbers

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

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