Horseshoe Lake, AR
Full City Profile · Arkansas · Tunica County County
Horseshoe Lake, AR
At a Glance
How Horseshoe Lake Compares to the U.S. Average
Each bar shows Horseshoe Lake's value as a percentage of the national average (100% = U.S. avg)
Is Horseshoe Lake a Good Place to Live?
Economy & Jobs
Horseshoe Lake residents earn a median household income of $58,750 , which is 22% below the national average of $75,149. Per capita income is $37,867. The unemployment rate stands at 6.0% (67% above the U.S. rate of 3.6%). 5.0% of residents live below the poverty line. The area is home to 270 business establishments, including 33 restaurants.
Housing & Cost of Living
The median home value in Horseshoe Lake is $93,500 , 67% below the national median of $281,900. Zillow estimates the typical home at $141,832. Median rent is $821/month, with 14.1% of renters spending more than 30% of income on housing. The cost of living index is 86.9 (100 = national average). The median home was built in 1975.
Education
10.6% of adults in Horseshoe Lake hold a bachelor's degree or higher (69% below the national average). 88.2% have completed high school. Local schools score 4.9/10 in standardized testing.
Climate & Weather
Horseshoe Lake has an average annual temperature of 63°F (17°C). Winters average 41°F in January while summers reach 82°F in July. Annual precipitation totals 50.4 inches.