Lake City, AR
Full City Profile · Arkansas · Craighead County County
3.0
/5.0
B
Good
2,452
Population
778/sq mi density
$57,449
Median Income
$30,302 per capita
$125,500
Home Value
$161,664 Zillow
$827
Median Rent
22.0% income on rent
62°F
Avg Temperature
301 sunny days/yr
154
Violent Crime/100K
731 property/100K
B
Overall
3.0 / 5.0
Good overall score based on economy, affordability, safety and education
B+
Economy
3.5 / 5.0
$57,449 median income, 4.9% unemployment
A+
Affordability
5.0 / 5.0
$125,500 home value, $827/mo rent
F
Safety
1.0 / 5.0
154 violent crimes/100K
C
Education
2.4 / 5.0
17.4% bachelor's degree or higher
Income Overview
Median Household Income
$57,449
24% below
US avg: $75,149
Per Capita Income
$30,302
22% below
US avg: $39,052
Unemployment Rate
4.9%
36% above
US avg: 3.6%
Poverty Rate
9.5%
23% below
US avg: 12.4%
Income Comparison: Lake City vs. U.S. Average
Each bar shows Lake City’s value as a percentage of the national average (100% line = U.S. avg)
Median Household
US: $75,149
$57,449
76%
Per Capita
US: $39,052
$30,302
78%
IRS Avg AGI
US: $72,000
$72,055
100%
Avg Weekly Wage
US: $1,432
$994
69%
Thin line = U.S. average (100%)
Employment & Commute
Avg Weekly Wage
$994
31% below US avg ($1,432)
Mean Commute Time
20 min
29% below US avg (28 min)
Work From Home
1.1%
93% below US avg (15.2%)
Drive Alone
90.0%
23% above US avg (73.2%)
Public Transit
0.0%
100% below US avg (5.0%)
County GDP
$7,259M
County-level GDP (BEA 2024)
How Residents Get to Work
Drive Alone
90%
Public Transit
0%
Work From Home
1.1%
Other
8.9%
Average commute time
20 minutes
US avg: 28 min
Business Landscape
Total Establishments
3,006
Restaurants
267
Healthcare
386
Retail
441
Manufacturing
90
Tax & Financial
IRS Avg Adjusted Gross Income
$72,055
0% below US avg ($72,000)
Avg Property Tax
$2,983
15% below US avg ($3,500)
Cost of Living Index
86.9
Below national average (100 = US avg)
Complete Economy Data
Income & Wages
| Median Household Income | $57,449 |
| Per Capita Income | $30,302 |
| IRS Avg Adjusted Gross Income | $72,055 |
| Avg Weekly Wage | $994 |
| County GDP | $7,259M |
Hardship Indicators
| Unemployment Rate | 4.9% |
| Poverty Rate | 9.5% |
| Gini Coefficient | 0.493 |
| Cost of Living Index | 86.9 |
Commute
| Mean Commute | 20 minutes |
| Drive Alone | 90.0% |
| Public Transit | 0.0% |
| Work From Home | 1.1% |
Businesses
| Total Establishments | 3,006 |
| Restaurants | 267 |
| Healthcare | 386 |
| Retail | 441 |
| Manufacturing | 90 |
Tax
| IRS Avg AGI | $72,055 |
| Avg Property Tax | $2,983 |
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