Lake Village, AR

Census Place

2024 Population

2,144

US Senator

John Boozman

Republican Party

US Senator

Tom Cotton

Republican Party

2024 Median Age

36.4

0.546% 1-year decrease

2024 Poverty Rate

18.8%

4.36% 1-year increase

2024 Median Household Income

$41,434

7.52% 1-year decline

2024 Median Property Value

Population & Diversity

Lake Village, AR is home to a population of 2.14k people, from which 95.1% are citizens.

As of 2024, 5.18% of Lake Village, AR residents were born outside of the country (111 people).

In 2024, there were 1.58 times more Black or African American (Non-Hispanic) residents (1.11k people) in Lake Village, AR than any other race or ethnicity. There were 699 White (Non-Hispanic) and 146 Two Races Including Other (Hispanic) residents, the second and third most common ethnic groups.

Population & Diversity

Citizenship

95.1%

2024 Citizenship

94.9%

2023 Citizenship

As of 2024, 95.1% of Lake Village, AR residents were US citizens, which is higher than the national average of 93.2%. In 2023, the percentage of US citizens in Lake Village, AR was 94.9%, meaning that the rate of citizenship has been increasing.

The following chart shows US citizenship percentages in Lake Village, AR compared to that of it's neighboring and parent geographies.

Diversity

Race and Ethnicity

The 3 largest ethnic groups in Lake Village, AR

Black or African American (Non-Hispanic)
1.11k ± 248
White (Non-Hispanic)
699 ± 162
Two Races Including Other (Hispanic)
146 ± 132

14.8%

Hispanic Population

317 people

14.8% of the people in Lake Village, AR are hispanic (317 people).

The following chart shows the 8 races represented in Lake Village, AR as a share of the total population.

Global Diversity

The PUMS dataset is not available at the Place level, so we are showing data for Arkansas.

Most Common Origin

Mexico
66,868 ± 6,279 people
El Salvador
15,793 ± 3,077 people
India
10,798 ± 2,547 people

In 2024, the most common birthplace for the foreign-born residents of Arkansas was Mexico, the natal country of 66,868 Arkansas residents, followed by El Salvador with 15,793 and India with 10,798.

Foreign-Born Population

5.18%

2024 Foreign-Born Population

111 people

5.92%

2023 Foreign-Born Population

135 people

As of 2024, 5.18% of Lake Village, AR residents (111 people) were born outside of the United States, which is approximately the same as the national average of 14%. In 2023, the percentage of foreign-born citizens in Lake Village, AR was 5.92%, meaning that the rate has been decreasing.

The following chart shows the percentage of foreign-born residents in Lake Village, AR compared to that of it's neighboring and parent geographies.

Military

Veterans

Most Common Service Period

Vietnam
47 ± 40
Gulf War (1990s)
13 ± 24
World War II
4 ± 8

Lake Village, AR has a large population of military personnel who served in Vietnam, 3.62 times greater than any other conflict.

The chart shows the distribution of veterans by conflict in Lake Village, AR.

Economy

The economy of Lake Village, AR employs 764 people. In 2024, the largest industries in Lake Village, AR were Educational Services (106 people), Health Care & Social Assistance (78 people), and Construction (76 people), and the highest paying industries were Public Administration ($63,542), Educational Services ($50,417), and Other Services Except Public Administration ($49,250).

Employment

Occupations

764

2024 Value

± 188

−15.6%

1 Year decline

± 39.2%

From 2023 to 2024, employment in Lake Village, AR declined at a rate of −15.6%, from 905 employees to 764 employees.

The most common job groups, by number of people living in Lake Village, AR, are Sales & Related Occupations (114 people), Production Occupations (97 people), and Education Instruction, & Library Occupations (80 people). This chart illustrates the share breakdown of the primary jobs held by residents of Lake Village, AR.

Unemployment Insurance Claims

Data is only available at the state level. Showing data for Arkansas.

This chart shows weekly unemployment insurance claims in Arkansas (not-seasonally adjusted) compared with the four states with the most similar impact.

The most recent data point uses Advance State Claims data, which can be revised in subsequent weeks.

Industries

Employment by Industries

764

2024 Value

± 188

−15.6%

1 Year decline

± 39.2%

From 2023 to 2024, employment in Lake Village, AR declined at a rate of −15.6%, from 905 employees to 764 employees.

The most common employment sectors for those who live in Lake Village, AR, are Educational Services (106 people), Health Care & Social Assistance (78 people), and Construction (76 people). This chart shows the share breakdown of the primary industries for residents of Lake Village, AR, though some of these residents may live in Lake Village, AR and work somewhere else. Census data is tagged to a residential address, not a work address.

Median Earnings by Industry

$39,737

Median earning men ± $14,141

$41,500

Median earning women ± $7,372

The industries with the best median earnings for men in 2024 are Other Services Except Public Administration ($67,604), Educational Services, & Health Care & Social Assistance ($46,250), and Professional, Scientific, & Management, & Administrative & Waste Management Services ($39,408).

The industries with the best median earnings for women in 2024 are Public Administration ($57,188), Manufacturing ($43,663), and Educational Services, & Health Care & Social Assistance ($37,917).

Housing & Living

The median property value in Lake Village, AR was $133,000 in 2024, which is 0.4 times smaller than the national average of $332,700. Between 2023 and 2024 the median property value increased from $120,200 to $133,000, a 10.6% increase. The homeownership rate in Lake Village, AR is 56.2%, which is lower than the national average of 65.2%.

People in Lake Village, AR have an average commute time of 16.1 minutes, and they drove alone to work. Car ownership in Lake Village, AR is lower than the national average, with an average of 1 car per household.

Housing

Property

$133,000

Median Property Value 2024

±$35,097

$506

Median Property Taxes

±$134

The following chart display owner-occupied housing units distributed between a series of property tax buckets compared to the national averages for each bucket. In Lake Village, AR the largest share of households pay taxes in the < $800 range.

The chart underneath the paragraph shows the property taxes in Lake Village, AR compared to it's parent and neighbor geographies.

Rent vs Own

56.2%

Homeownership

2024

72.4%

Homeowners with Mortgage

2024

In 2024, 56.2% of the housing units in Lake Village, AR were occupied by their owner. This percentage declined from the previous year's rate of 57.2%.

This chart shows the percentage of owner in Lake Village, AR compared it's parent and neighboring geographies.

Equity

Household Income

Please note that the buckets used in this visualization were not evenly distributed by ACS when publishing the data.

$41,434

Median Household Income

± $8,274

900

Number of Households

± 191

In 2024, the median household income of the 900 households in Lake Village, AR declined from $41,434 from the previous year's value of $44,803.

The following chart displays the households in Lake Village, AR distributed between a series of income buckets compared to the national averages for each bucket. The largest share of households have an income in the $75k - $100k range.

Wage Distribution

The closest comparable wage GINI for Lake Village, AR is from Arkansas.

0.445

2024 Wage GINI in Arkansas

0.448

2023 Wage GINI in Arkansas

In 2024, the income inequality in Arkansas was 0.445 according to the GINI calculation of the wage distribution. Income inequality had a 0.844% decline from 2023 to 2024, which means that wage distribution grew somewhat more even. The GINI for Arkansas was lower than than the national average of 0.474. In other words, wages are distributed more evenly in Arkansas in comparison to the national average.

This chart shows the number of workers in Arkansas across various wage buckets compared to the national average.

Transportation

Commuter Transportation

Most Common Commute in 2024

Drove Alone (85.2%)
Worked At Home (7.35%)
Carpooled (6.1%)

In 2024, 85.2% of workers in Lake Village, AR drove alone to work, followed by those who worked at home (7.35%) and those who carpooled to work (6.1%).

The following chart shows the number of households using each mode of transportation over time, using a logarithmic scale on the y-axis to help better show variations in the smaller means of commuting.

Commute Time

16.1 minutes

Average Travel Time

Using averages, employees in Lake Village, AR have a shorter commute time (16.1 minutes) than the normal US worker (26.4 minutes). Additionally, 0% of the workforce in Lake Village, AR have "super commutes" in excess of 90 minutes.

The chart below shows how the median household income in Lake Village, AR compares to that of it's neighboring and parent geographies.

Car Ownership

1 car

Average Number

The following chart displays the households in Lake Village, AR distributed between a series of car ownership buckets compared to the national averages for each bucket. The largest share of households in Lake Village, AR have 1 car.

Poverty

Poverty & Diversity

18.8% of the population for whom poverty status is determined in Lake Village, AR (395 out of 2.1k people) live below the poverty line, a number that is higher than the national average of 12.5%. The largest demographic living in poverty are Males 18 - 24, followed by Males 16 - 17 and then Females 35 - 44.

The most common racial or ethnic group living below the poverty line in Lake Village, AR is Black, followed by White and Two Or More.

The Census Bureau uses a set of money income thresholds that vary by family size and composition to determine who classifies as impoverished. If a family's total income is less than the family's threshold than that family and every individual in it is considered to be living in poverty.

Social Needs

Data only available at the state level.

Most prevalent states

California
35,798 individuals
New York
5,087 individuals

In 2017, California had the highest estimated number of chronically homeless individuals in the nation, at 35,798, followed by New York (5,087).

The following map shows the estimated number of chronically homeless individuals by state over multiple years.

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