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Lake City, AR
Full City Profile · Arkansas · Craighead County County
Lake City, AR
At a Glance
How Lake City Compares to the U.S. Average
Each bar shows Lake City's value as a percentage of the national average (100% = U.S. avg)
Is Lake City a Good Place to Live?
Economy & Jobs
Lake City residents earn a median household income of $57,449 , which is 24% below the national average of $75,149. Per capita income is $30,302. The unemployment rate stands at 4.9% (36% above the U.S. rate of 3.6%). 9.5% of residents live below the poverty line. The area is home to 3,006 business establishments, including 267 restaurants.
Housing & Cost of Living
The median home value in Lake City is $125,500 , 55% below the national median of $281,900. Zillow estimates the typical home at $161,664. Median rent is $827/month, with 22.0% 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 1982.
Safety & Crime
Lake City reports 154 violent crimes per 100,000 residents , which is 59% below the national average of 380/100K. Property crime is 731/100K. The murder rate is 0.0/100K.
Education
17.4% of adults in Lake City hold a bachelor's degree or higher (48% below the national average). 86.8% have completed high school. Local schools score 5.3/10 in standardized testing.
Climate & Weather
Lake City has an average annual temperature of 62°F (16°C). Winters average 39°F in January while summers reach 82°F in July. The area gets 301 sunny days per year. Annual precipitation totals 52.2 inches. Air quality is rated Good with a median AQI of 43.