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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 Rate4.9%
Poverty Rate9.5%
Gini Coefficient0.493
Cost of Living Index86.9

Commute

Mean Commute20 minutes
Drive Alone90.0%
Public Transit0.0%
Work From Home1.1%

Businesses

Total Establishments3,006
Restaurants267
Healthcare386
Retail441
Manufacturing90

Tax

IRS Avg AGI$72,055
Avg Property Tax$2,983