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CITY · 2020 ACS

Lake City

Arkansas · 2,326 residents · 3.153 sq mi
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The short version

Lake City has lower-than-average household income, with a median household income of $50,271. Population has grown 19% since 2000. 13% of adults hold a bachelor's degree or higher, below the national rate of 33%. Median home value has more than doubled since 2000, reaching $96,900.

At a glance
Lower income
below the US median
US median: $66,278
Younger
median age 35.1
US median: 38.8
Less educated
13% hold a bachelor's degree
US average: 33%
Less affordable
home values up 37%, inflation adjusted
US median home: $265,253
Section 01

Population & growth

Total population
2,326
+19%since 2000
from 1,956 in 2000
1990 – 2025
Population density
738 / sq mi
+19%since 2000
from 620 / sq mi in 2000
US average: 280
Median age
35.1
Unchangedsince 2000
from 35.1 in 2000
US average: 38.8
Population, 1990 – 2024
2K2K2K2K3K1990201020202024Lake City
20243K
1990201020202024
Section 02

Income & economy

Median household income
$50,271
+8%inflation adjusted, since 2000
from $30,844 in 2000
US average: $66,278
1990 – 2024
Per capita income
$24,247
+72%since 2000
from $14,126 in 2000
US average: $35,364
Households earning $100K+
24.9%
+13.7 ptssince 2009
from 11.1% in 2009
US average: 43.9%
Poverty rate
15.3%
+0.7 ptssince 2000
from 14.6% in 2000
US average: 12.8%
Workforce by industry, 2020
Retail trade20.8%
US avg: 10%
Finance & insurance14.6%
US avg: 5.5%
Professional, scientific, technical13.4%
US avg: 4.7%
Information12.4%
US avg: 11.1%
Wholesale trade5.9%
US avg: 6.7%
Agriculture, forestry, fishing4.1%
US avg: 1.7%
Construction4.1%
US avg: 1.2%
Other services3.6%
US avg: 6.6%
Transportation & warehousing3%
US avg: 2.5%
Public administration2.5%
US avg: 4.7%
Education & health services1.2%
US avg: 0.8%
Manufacturing0%
US avg: 0.5%
Arts, entertainment, food0%
US avg: 2%
BARS: THIS PLACE · TICKS: US AVERAGE
Section 03

Housing

Median home value
$96,900
+37%inflation adjusted, since 2000
from $46,900 in 2000
US average: $265,253
1990 – 2024
Median gross rent
$827
+27%inflation adjusted, since 2000
from $433 in 2000
US average: $1,124
Owner-occupied
65.6%
−4.2 ptssince 2000
from 69.8% in 2000
34.4% rent
Afford Score
1.9
+27%since 2000
from 1.5 in 2000
1990 – 2024
RELATED:See current rent listings in Lake City on RentDataNow
Section 04

Race & ethnicity

2000
White, non-Hispanic98.1%(1,918)
Black0.1%(1)
Hispanic / Latino1%(20)
Asian0.1%(1)
Other0%
Diversity Score2.8%(55)
2020
White, non-Hispanic90.8%(2,112)
Black1.8%(42)
Hispanic / Latino2.6%(61)
Asian0.2%(5)
Other1.5%(35)
Diversity Score15.2%(354)
Diversity Score
15
+443%since 2000
from 3 in 2000
1990 – 2024
Section 05

Education

Bachelor's degree or higher
12.8%
+2.3 ptssince 2000
from 10.5% in 2000
US average: 32.9%
High school or higher
90.3%
+29.2 ptssince 2000
from 61.1% in 2000
US average: 88.5%
Graduate degree
2.4%
−0.6 ptssince 2000
from 3.0% in 2000
US average: 12.7%
Section 06

Commute & transportation

Average commute
19.3 min
+42%since 2000
from 13.6 min in 2000
US average: 26.9
Drive alone to work
86.3%
−0.1 ptssince 2009
from 86.4% in 2009
US average: 75.1%
No vehicle available
3.2%
−1.0 ptssince 2009
from 4.1% in 2009
US average: 8.4%
Section 07

Work & employment

Unemployment rate
7.8%
+0.7 ptssince 2011
from 7.1% in 2011
US average: 5.4%
Labor force participation
65.3%
+10.4 ptssince 2011
from 54.9% in 2011
US average: 63.4%
Management & professional
20.1%
−41.0 ptssince 2009
from 61.1% in 2009
US average: 39.3%
Section 08

People & community

Male
46.1%
+0.3 ptssince 2009
from 45.8% in 2009
Female
53.9%
−0.3 ptssince 2009
from 54.2% in 2009
Foreign born
1.6%
+1.2 ptssince 2009
from 0.4% in 2009
US average: 13.5%
Uninsured
5.6%
−77.4 ptssince 2013
from 83.0% in 2013
US average: 8.8%
Drill deeper

Places similar to Lake City

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Head to head

Compare Lake City to nearby cities

LAKE CITY VS
Jonesboro
Income$55,424+10%
Home value$223,200+130%
Population83,296+2879%
SEE FULL COMPARISON →
LAKE CITY VS
Paragould
Income$56,980+13%
Home value$181,500+87%
Population31,135+1014%
SEE FULL COMPARISON →
LAKE CITY VS
Blytheville
Income$47,865−5%
Home value$119,000+23%
Population12,227+337%
SEE FULL COMPARISON →
LAKE CITY VS
Kennett
Income$52,500+4%
Home value$112,000+16%
Population10,118+262%
SEE FULL COMPARISON →
Frequently asked

How many people live in Lake City, Arkansas?

Lake City, Arkansas has about 2,326 residents according to the 2020 American Community Survey.

What is the median household income in Lake City, Arkansas?

The typical household in Lake City, Arkansas earns about $50,271 a year. Half of households make more than that, and half make less.

Is Lake City, Arkansas expensive?

In Lake City, Arkansas, the median home is worth about $96,900, and the typical rent is about $827 a month.

How educated are people in Lake City, Arkansas?

About 12.8% of adults age 25 and over in Lake City, Arkansas hold a bachelor's degree or higher.

What is the poverty rate in Lake City, Arkansas?

About 15.3% of people in Lake City, Arkansas live below the federal poverty line.

Has Lake City, Arkansas grown since 1990?

Yes, Lake City, Arkansas has grown since 1990. The population has added about 493 residents, a change of about 27 percent over that period.

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DATA: US CENSUS BUREAU ACS 5-YEAR + DECENNIAL CENSUS · UPDATED 2024

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