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Lake City, AR&

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Population
2,570
11% growth
Median Age
36.4
Median Household Income
$40,995
10.1% growth
Poverty Rate
18.5%
Number of Employees
1,018
13.9% growth
Median Property Value
$72,300
4.48% growth

Economy

The economy of Lake City, AR employs 1,018 people. The economy of Lake City, AR is specialized in Agriculture, Forestry, Fishing, Hunting; Utilities; and Manufacturing, which employ respectively 10.41; 4.9; and 2.46 times more people than what would be expected in a location of this size. The largest industries in Lake City, AR are Manufacturing (242), Healthcare & Social Assistance (145), and Retail trade (111), and the highest paying industries are Utilities ($75,313), Transportation & Warehousing ($50,833), and Admin., Support, Waste Management Services ($26,806).

Median household income in Lake City, AR is $40,995. Males in Lake City, AR have an average income that is 1.36 times higher than the average income of females, which is $39,715. The income inequality of Lake City, AR (measured using the Gini index) is 0.459 which is lower than the national average.

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Health & Safety

Insurance and Medicare coverage combined with state and county level health and safety statistics for Lake City, AR. In Craighead County, AR the age groups most likely to have health care coverage are 6-17 and 6-17, men and women, respectively. The location has a 1 to 111 primary care clinician to patient ratio and a Medicare reimbursement average per patient per year of $9,850. Phillips County, AR has the highest prevalence of homicides of any county in Arkansas.

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Showing data across all counties in Arkansas.

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Diversity

Lake City, AR is home to a population of 2,570 people, from which 98.8% are citizens. The ethnic composition of the population of Lake City, AR is composed of 2,410 White residents (93.8%), 124 Hispanic residents (4.82%), 31 Two+ residents (1.21%), 5 Native residents (0.19%), and 0 Other residents (N/A). The most common foreign languages in Lake City, AR are Spanish (48 speakers), German (13 speakers), and French Creole (0 speakers), but compared to other places, Lake City, AR has a relative high number of German (13 speakers), Spanish (48 speakers), and French Creole (0 speakers).

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Education

In 2015 universities in Jonesboro, AR Metro Area awarded 3,814 degrees. The student population of Jonesboro, AR Metro Area is skewed towards females, with 1,334 male students and 2,480 female students. Most students in Jonesboro, AR Metro Area are White (2,872 and 75.3%), followed by Black or African American (524 and 13.7%), Hispanic or Latino (69 and 1.81%), and Unknown (47 and 1.23%). The largest universities in Jonesboro, AR Metro Area by number of graduates are Arkansas State University-Main Campus (3,814 and 100%), N/A (N/A and N/A), and N/A (N/A and N/A). The most popular majors in Jonesboro, AR Metro Area are General Studies (199 and 5.22%), Registered Nursing (146 and 3.83%), and Early Childhood Education & Teaching (121 and 3.17%). The median tuition costs in Jonesboro, AR Metro Area are N/A for private four year colleges, and $6,060 and $12,120 respectively, for public four year colleges for in-state students and out-of-state students.

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Housing & Living

The median property value in Lake City, AR is $72,300, which is 0.35 times smaller than the national average of $205,000. Between 2015 and 2016 the median property value increased from $69,200 to $72,300, a 4.48% increase. The homeownership rate of Lake City, AR is 65.3%, which is higher than the national average of 63.6%. People in Lake City, AR have an average commute time of 22.4 minutes, and they commute by Drove Alone. Car ownership in Lake City, AR is approximately the same as the national average, with an average of 2 cars per household.

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United States
nation
Arkansas
state
Craighead County, AR
county
Jonesboro, AR
metropolitan statistical area
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