In 2020, Lake City, AR had a population of 2.56k people with a median age of 35.1 and a median household income of $50,271. Between 2019 and 2020 the population of Lake City, AR grew from 2,465 to 2,556, a 3.69% increase and its median household income grew from $47,222 to $50,271, a 6.46% increase.
The 5 largest ethnic groups in Lake City, AR are White (Non-Hispanic) (95.8%), White (Hispanic) (1.8%), Two+ (Non-Hispanic) (1.53%), Asian (Non-Hispanic) (0.352%), and Black or African American (Non-Hispanic) (0.274%).
None of the households in Lake City, AR reported speaking a non-English language at home as their primary shared language. This does not consider the potential multi-lingual nature of households, but only the primary self-reported language spoken by all members of the household.
99.5% of the residents in Lake City, AR are U.S. citizens.
In 2020, the median property value in Lake City, AR was $96,900, and the homeownership rate was 61.1%. Most people in Lake City, AR drove alone to work, and the average commute time was 19.3 minutes. The average car ownership in Lake City, AR was 2 cars per household.