Population 2,668 · Census ACS 2020–24
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Median age by neighborhoodHistory and comparison ↓︎
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Population and households in Lake City
Household size in Lake City
| Period | Lake City | Arkansas | U.S. |
|---|---|---|---|
| 2006–10 | 2.42 | 2.54 | 2.68 |
| 2010–14 | 2.56 | 2.57 | 2.73 |
| 2015–19 | 2.56 | 2.55 | 2.71 |
| 2020–24 | 2.36 | 2.53 | 2.65 |
| Change | −0.06 | −0.00 | −0.03 |
Households in Lake City are small: just 2.36 people on average, compared with 2.65 nationally. That is typical of places where many people live alone or as couples, and fewer have children at home.
Household size: the average number of people living in each occupied home. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B25010).
Median age in Lake City
| Period | Lake City | Arkansas | U.S. |
|---|---|---|---|
| 2006–10 | 41.8 | 37.9 | 37.7 |
| 2010–14 | 41.7 | 38.7 | 38.6 |
| 2015–19 | 43.1 | 39.5 | 39.6 |
| 2020–24 | 38.8 | 39.6 | 40.1 |
| Change | −3.0 | +1.7 | +2.3 |
Half of the people in Lake City are younger than 38.8 and half are older, close to the national median of 40.1. Since 2006–10, the median age has dropped from 41.8, but in a place this small, much of that may be survey noise rather than real change.
Median age: the age that splits residents into two equal halves. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B01002).
Single-parent households in Lake City
| Period | Lake City | Arkansas | U.S. |
|---|---|---|---|
| 2006–10 | 10.4% | 12.5% | 12.3% |
| 2010–14 | 9.6% | 12.5% | 12.3% |
| 2015–19 | 11.8% | 12.3% | 11.6% |
| 2020–24 | 14.0% | 12.3% | 11.6% |
| Change | +3.6 pts | −0.2 pts | −0.6 pts |
Single-parent households are more common in Lake City than nationally: 14.0%, against 11.6%.
Single-parent households: households where one adult with no spouse present lives with children under 18. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B11003).
Housing in Lake City
Renters in Lake City
| Period | Lake City | Arkansas | U.S. |
|---|---|---|---|
| 2006–10 | 23.5% | 32.3% | 33.3% |
| 2010–14 | 31.6% | 33.5% | 35.6% |
| 2015–19 | 25.1% | 34.4% | 36.0% |
| 2020–24 | 27.7% | 33.6% | 34.8% |
| Change | +4.2 pts | +1.3 pts | +1.5 pts |
More than a quarter of households in Lake City rent their homes (27.7%), below the national share of 34.8%; the rest own. About half of owners (49.7%) have paid off their mortgages, above the national share of 39.8%.
Renters: occupied homes that are rented rather than owned. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B25003).
Vacant homes in Lake City
| Period | Lake City | Arkansas | U.S. |
|---|---|---|---|
| 2006–10 | 9.9% | 13.4% | 11.4% |
| 2010–14 | 8.5% | 13.9% | 11.4% |
| 2015–19 | 11.3% | 14.4% | 11.1% |
| 2020–24 | 9.5% | 13.1% | 9.6% |
| Change | −0.5 pts | −0.3 pts | −1.8 pts |
Vacancy in Lake City is close to the national rate: 9.5% of homes are empty, against 9.6%. The rate is lower than in Arkansas overall (13.1%).
Vacant homes: homes with no one living in them, including vacation homes and homes for sale or rent. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B25002).
Age of homes in Lake City
| Period | Lake City | Arkansas | U.S. |
|---|---|---|---|
| 2006–10 | 1974 | 1981 | 1974 |
| 2010–14 | 1976 | 1983 | 1975 |
| 2015–19 | 1979 | 1985 | 1977 |
| 2020–24 | 1992 | 1988 | 1980 |
| Change | +18 | +6 | +6 |
Lake City has newer housing than the country as a whole: the median home was built in 1992, versus 1980 nationally.
Age of homes: the year that splits the housing stock into older and newer halves. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B25035).
Rent in Lake City
| Period | Lake City | Arkansas | U.S. |
|---|---|---|---|
| 2006–10 | $588 | $660 | $965 |
| 2010–14 | $673 | $718 | $1,040 |
| 2015–19 | $832 | $785 | $1,213 |
| 2020–24 | $885 | $1,007 | $1,571 |
| Change | +$297 | +$346 | +$606 |
A typical rental in Lake City costs $885 a month with utilities, well below the national median of $1,571. Rent takes 26.9% of the typical renter's income, comfortably under the 30% mark often used to define affordable rent.
Rent: monthly rent plus the utilities renters pay themselves. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B25064).
Education in Lake City
Bachelor's degrees in Lake City
| Period | Lake City | Arkansas | U.S. |
|---|---|---|---|
| 2006–10 | 6.8% | 20.6% | 28.4% |
| 2010–14 | 12.4% | 21.8% | 29.6% |
| 2015–19 | 11.9% | 23.8% | 32.1% |
| 2020–24 | 17.5% | 26.2% | 35.6% |
| Change | +10.6 pts | +5.6 pts | +7.2 pts |
College degrees are relatively uncommon in Lake City: 17.5% of adults 25 and older hold a bachelor's or higher, well below the national share of 35.6%.
Bachelor's degrees: adults 25 and older with a bachelor's degree or higher. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B15003).
High school graduates in Lake City
| Period | Lake City | Arkansas | U.S. |
|---|---|---|---|
| 2006–10 | 75.9% | 82.6% | 84.9% |
| 2010–14 | 78.9% | 84.6% | 86.1% |
| 2015–19 | 85.7% | 86.6% | 87.7% |
| 2020–24 | 88.4% | 88.7% | 89.3% |
| Change | +12.6 pts | +6.1 pts | +4.3 pts |
High school completion in Lake City is close to the national rate: 88.4% of adults have a diploma or equivalent, against 89.3%.
High school graduates: adults 25 and older with a high school diploma, GED or more. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B15003).
Jobs in Lake City
| Period | Lake City | Arkansas | U.S. |
|---|---|---|---|
| 2006–10 | 7.5% | 7.7% | 8.1% |
| 2010–14 | 6.4% | 8.4% | 9.4% |
| 2015–19 | 5.4% | 5.2% | 5.6% |
| 2020–24 | 5.4% | 5.1% | 5.4% |
| Change | −2.1 pts | −2.6 pts | −2.7 pts |
At 5.4%, unemployment in Lake City is the same as the national rate. Each figure pools five years of surveys (2020–24), so it describes that whole stretch rather than today's job market.
Unemployment: people looking for work as a share of everyone working or looking. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B23025).
Lake City compared with nearby cities
| City | Household size | Median age | Single parents | Renters | Vacant homes | Median year built | Median rent | Bachelor's degree | High school diploma | Unemployment |
|---|---|---|---|---|---|---|---|---|---|---|
| Lake City | 2.36 | 38.8 | 14.0% | 27.7% | 9.5% | 1992 | $885 | 17.5% | 88.4% | 5.4% |
| Lunsford | 2.41 | 30.6 | 10.3% | 43.0% | 11.6% | 1978 | $860 | 12.3% | 87.2% | 4.7% |
| Bunney | 2.94 | 42.5 | 10.4% | 13.1% | 9.4% | 1976 | $969 | 27.2% | 83.9% | 0.9% |
| Needham | 2.41 | 42.9 | 17.9% | 24.0% | 8.2% | 1997 | $1,017 | 20.9% | 88.8% | 2.6% |
| Monette | 2.56 | 37.7 | 8.0% | 25.8% | 18.8% | 1978 | $595 | 29.0% | 92.3% | 6.5% |
| Caraway | 2.46 | 34.9 | 10.8% | 30.2% | 10.1% | 1977 | $675 | 12.8% | 81.5% | 2.8% |
| Elm Grove | 2.16 | 39.0 | 11.7% | 48.2% | 12.3% | 1975 | $704 | 7.7% | 82.1% | 5.2% |
| Black Oak | 2.78 | 41.8 | 10.0% | 15.7% | 11.6% | 1982 | $817 | 23.2% | 84.7% | 3.5% |
| Cottonwood Corner | 2.43 | 39.2 | 9.2% | 29.4% | 19.9% | 1977 | $602 | 26.1% | 90.9% | 7.6% |
| Bay | 2.64 | 37.7 | 13.4% | 39.4% | 3.6% | 1981 | $1,020 | 15.6% | 88.5% | 1.5% |
| Walters | 2.97 | 36.0 | 4.6% | 10.8% | 14.2% | 1983 | $695 | 35.8% | 92.4% | 1.8% |
All figures 2020–24.
Cities with similar populations: Brookville, NY · Silver Lake, IN · Anson, TX · Malmstrom Air Force Base, MT · Millersport, OH · Millsap, TX · Mount Ulla, NC · North Kingsville, OH · Ozona, TX · Peapack and Gladstone, NJ
About these numbers
Every figure on this page is a BestNeighborhood calculation from the Census Bureau's American Community Survey (ACS), built up from the Census block groups that make up Lake City. Each ACS 5-year release pools five years of responses; this page shows the last 15 releases, 2006–10 through 2020–24. Neighboring releases share four of their five years, so they move gradually and small changes between them are within the survey's margin of error; in small places the lines can jump from one release to the next for the same reason. The maps show the same measures for each neighborhood, ranked against the whole country.
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