City

Lake City, AR

1 ZIP code  ·  Craighead County  ·  Arkansas

👥3,386Population
💰$58,177Median HH Income▼ 24% below avg
🎂34.6Median Age
🏠$141,400Median Home Value▼ 49% below avg
🎓34.1%College Grads▼ 12% below avg
📊6.2%Unemployment▲ 27% above avg
People & Population (ACS 2023 — weighted avg)
♂ Male 53.8% Female 46.2% ♀

Race & Ethnicity

White: 93.7%Hispanic: 0.8%Black: 1.3%Other: 3.8%Race
White93.7%
Hispanic0.8%
Black1.3%
Other3.8%

Age Breakdown

Under 5
5%
5–17
14%
18–24
9%
25–44
30%
45–64
24%
65+
7%

Key Indicators

Median Age34.6 yrs
Avg HH Size2.37
Below Poverty9.8% ≈ Avg
College Grads34.1% ▼ 12% below avg
Unemployment6.2% ▲ 27% above avg
No HS Diploma7 (0.3%)
HS Graduate771 (34.5%)
Some College453 (20.3%)
Associates240 (10.8%)
Bachelors336 (15.1%)
Graduate Degree425 (19%)

Education

No HS: 0.3%HS Grad: 34.5%Some College: 20.3%Associates: 10.8%Bachelors: 15.1%Graduate: 19%Edu
No HS0.3%
HS Grad34.5%
Some College20.3%
Associates10.8%
Bachelors15.1%
Graduate19.0%
Housing & Income

Housing Tenure

Owner: 73.1%Renter: 26.9%Tenure
Owner73.1%
Renter26.9%

Home Value Distribution

Under $50k
3%
$50k–$100k
29%
$100k–$150k
22%
$150k–$200k
20%
$200k–$300k
19%
$300k–$500k
6%
Over $500k
1%

Financials

Median HH Income$58,177 ▼ 24% below avg
Median Home Value$141,400 ▼ 49% below avg
Home/Income Ratio2.4x (nat avg ~3.5x)
Median Rent$827/mo
Total Housing Units1,533
Vacant Units130

Income Distribution

Under $25k
15%
$25k–$50k
18%
$50k–$75k
30%
$75k–$100k
10%
$100k–$150k
12%
$150k–$200k
8%
Over $200k
6%
Employment & Commute

How People Get to Work

Drove Alone
98%
Work From Home
2%

Commute Time

Under 15 min
24%
15–30 min
51%
30–45 min
14%
Over 45 min
11%
Housing Stock

Year Built

Before 1940
1%
1940s–1950s
6%
1960s–1970s
17%
1980s–1990s
19%
2000+
57%
About Lake City, AR

Lake City is a city in Arkansas, located in Craighead County. The city spans 1 ZIP code and is home to approximately 3,386 residents. It is a relatively young city, with a median age of 34.6 years.

Economically, Lake City is a solidly middle-class community. The median household income of $58,177 is below the national average. Approximately 9.8% of residents live below the poverty line. The unemployment rate is 6.2%, above the national average.

The real estate market in Lake City is one of the more affordable housing markets in the country. Median home values stand at $141,400, which is below the national average. Renters typically pay around $827 per month. Homeownership is high at 73.1%, typical of suburban and family-oriented communities.

The population of Lake City is moderately educated. 34.1% of adults hold a bachelor's degree or higher — near the national average. The community is primarily White (93.74%).

Lake City, AR offers residents a cost-conscious lifestyle within Arkansas.

ZIP Codes in Lake City
ZIPPopulationMedian IncomeMedian HomeMedian RentUnemp.CollegeOwner Occ.
72437 3,386 $58,177 $141,400 $827 6.2% 34.1% 73.1%