Housing data for Lake City, AR
Lake City, AR has an estimated 2,531 residents and 1,115 homes (US Census Bureau, 2020–2024 American Community Survey).
It is a city in Craighead County.
34.2% of households rent.
The median gross rent is $854 a month.
Its population grew measurably since 2015–2019 (+2.7%).
Figures last updated on .
- Residents
- 2,531 (±19)
- Housing units
- 1,115 (±124)
- Households that rent
- 34.2%
- Median gross rent
- $854
- Residents since 2015–2019
- +2.7%
What stands out in Lake City
Homes in buildings of 5 or more units: 0.0% (±6.1 points) in Lake City, lower than in Craighead County (12.4%).
Working from home: 0.6% (±1.0 points) in Lake City, lower than in Craighead County (6.8%).
Median home value: $152,000 (±$28,255) in Lake City, lower than in Craighead County ($210,400).
Median gross rent: $854 (±$64) in Lake City, lower than in Craighead County ($958).
- Types of homes in Lake City
- Commute and cars in Lake City
- Home values in Lake City
- Median rent in Lake City
Housing in Lake City at a glance
- Median rent: $854 median gross rent a month
- Rent by bedrooms: $825 median gross rent, 2 bedrooms
- Rent burden: 42.4% of renters pay 30% or more of income
- Renters and owners: 34.2% of households rent
- Income and affordability: $60,273 median household income
- Home values: $152,000 median home value
- Homeowner costs: $1,136 median monthly cost with a mortgage
- Property taxes: $975 median real estate taxes a year
- Types of homes: 0.0% of homes are in buildings of 5 or more units
- Bedrooms: 68.4% of homes have 3 or more bedrooms
- Age of homes: 45.3% of homes were built before 1980
- Vacancy rate: 4.6% rental vacancy rate (Small sample: wide margin of error)
- Heating fuel: 57.9% heat with utility gas
- Commute and cars: 21.3 minutes average trip to work
- Crime reported to police: 212 violent crimes per 100,000 residents
- Growth: +2.7% residents since 2015–2019
- How long people stay: 31.2% moved in since 2020
- Crowding and facilities: 1.3% of homes have more than 1 person per room (Small sample: wide margin of error)
Lake City against Craighead County, its state and the nation
| Lake City | Craighead County | Arkansas | United States | |
|---|---|---|---|---|
| Residents | 2,531 (±19) | 113,249 (exact) | 3,049,391 (exact) | 334,922,499 |
| Housing units | 1,115 (±124) | 48,885 (±52) | 1,394,673 (±514) | 143,775,355 |
| Households that rent | 34.2% (±9.4 points) | 39.9% (±1.6 points) | 33.6% (±0.4 points) | 34.8% |
| Median gross rent | $854 (±$64) | $958 (±$24) | $947 (±$6) | $1,413 |
| Median household income | $60,273 (±$3,828) | $59,548 (±$3,493) | $60,773 (±$467) | $80,734 |
| Median home value | $152,000 (±$28,255) | $210,400 (±$6,913) | $188,000 (±$1,754) | $332,700 |
| Median real estate taxes (a year) | $975 (±$261) | $1,125 (±$61) | $1,040 (±$13) | $3,119 |
| Built before 1980 | 45.3% (±14.8 points) | 33.8% (±2.2 points) | 39.6% (±0.4 points) | 49.7% |
| Average commute | 21.3 minutes (±3.0) | 19.6 minutes (±0.6) | 22.5 minutes (±0.2) | 26.4 minutes |
| Households with broadband | 91.9% (±4.6 points) | 88.0% (±1.6 points) | 86.7% (±0.3 points) | 91.0% |
| Median age of residents | 32.1 years (±5.7) | 34.5 years (±0.2) | 38.5 years (±0.2) | 38.9 years |
Lake City covers 3.2 square miles of land, about 803 residents per square mile (Census Bureau Gazetteer).
How Lake City has changed since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Residents | 2,465 (±34) | 2,531 (±19) | +2.7% | Measurable increase |
| Housing units | 1,024 (±105) | 1,115 (±124) | +8.9% | Not a measurable change |
| Median gross rent | $838 (±$36) | $854 (±$64) | +1.9% | Down after inflation |
| Median home value | $93,500 (±$6,343) | $152,000 (±$28,255) | +62.6% | Up after inflation |
| Median household income | $47,222 (±$5,647) | $60,273 (±$3,828) | +27.6% | No measurable change after inflation |
| Median owner cost with a mortgage | $846 (±$107) | $1,136 (±$216) | +34.3% | No measurable change after inflation |
| Median real estate taxes | $482 (±$116) | $975 (±$261) | +102.3% | Up after inflation |
| Households that rent | 31.3% (±6.7 points) | 34.2% (±9.4 points) | +2.9 percentage points | Not a measurable change |
| Rental vacancy rate | 0.0% (±10.0 points) | 4.6% (±5.7 points) | +4.6 percentage points | Not a measurable change |
The Census Bureau publishes 2015–2019 dollars in 2019 dollars and 2020–2024 dollars in 2024 dollars.
Prices (the CPI-U, US Bureau of Labor Statistics) rose 22.7% between 2019 and 2024, so a dollar figure’s verdict compares the two after raising the earlier one by that much, using the Census Bureau’s test for a difference.
The two periods do not overlap, as the Census Bureau recommends for 5-year estimates.
Crime reported to police in Lake City
In 2025, the Lake City Police Department reported 212 violent and 1,165 property crimes per 100,000 residents to the FBI.
Across Craighead County, the departments that report recorded 473 violent and 2,028 property crimes per 100,000 residents that year.
Places near Lake City
| Place | Distance | Median gross rent | Median home value | Households that rent |
|---|---|---|---|---|
| Black Oak | 5.0 mi | $850 | $68,400 | 11.8% |
| Bay | 7.5 mi | $1,028 | $118,400 | 52.2% |
| Monette | 8.0 mi | $583 | $114,200 | 31.9% |
| Caraway | 8.4 mi | $603 | $85,900 | 34.2% |
| Brookland | 8.5 mi | $1,008 | $169,200 | 49.4% |
| Trumann | 11 mi | $586 | $112,300 | 48.3% |
| Jonesboro | 13 mi | $956 | $223,200 | 45.7% |
| Leachville | 13 mi | $520 | $111,800 | 34.4% |
Places in Arkansas most like Lake City
| Place | Median gross rent | Median home value | Median household income | Households that rent |
|---|---|---|---|---|
| Smackover | $860 | $118,600 | $55,995 | 34.2% |
| Southside | $843 | $151,300 | $65,655 | 34.2% |
| Heber Springs | $847 | $176,300 | $50,636 | 32.4% |
| Mineral Springs | $832 | $110,600 | $52,031 | 32.0% |
| Keiser | $1,019 | $128,700 | $56,667 | 28.0% |
| Alpena | $775 | $127,400 | $50,625 | 32.5% |
Matched on rent, home value, income, the share who rent, the age of the homes, the share in apartment buildings and the commute, each measured against the spread across Arkansas.
HUD Fair Market Rent for Lake City, fiscal year 2027
| Studio | 1 bedroom | 2 bedrooms | 3 bedrooms | 4 bedrooms |
|---|---|---|---|---|
| $889 | $895 | $1,079 | $1,418 | $1,424 |
HUD income limits for Lake City, fiscal year 2026
| Household size | Extremely low (30%) | Very low (50%) | Low (80%) |
|---|---|---|---|
| 1 person | $15,960 | $26,500 | $42,350 |
| 2 people | $21,640 | $30,250 | $48,400 |
| 3 people | $27,320 | $34,050 | $54,450 |
| 4 people | $33,000 | $37,800 | $60,500 |
| 5 people | $38,680 | $40,850 | $65,350 |
| 6 people | $43,850 | $43,850 | $70,200 |
| 7 people | $46,900 | $46,900 | $75,050 |
| 8 people | $49,900 | $49,900 | $79,900 |
These are the limits HUD sets for its housing programs in the Jonesboro, AR HUD Metro FMR Area, where HUD’s median family income for fiscal year 2026 is $75,600.
A program can use its own limits; tax-credit and local programs often do.
Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.
Margins of error are at the 90% confidence level.
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Questions about Lake City
What is the average rent in Lake City, AR?
The Census Bureau publishes the median rather than the average: the median gross rent in Lake City is $854 (±$64) a month (2020–2024 American Community Survey), so half of renting households pay less and half pay more.
How much is a one-bedroom apartment in Lake City?
The median gross rent for a one-bedroom home in Lake City, AR is $383 (±$248) a month (2020–2024 American Community Survey).
Are renters in Lake City rent-burdened?
42.4% of renting households in Lake City pay 30% or more of their income in gross rent, the share housing researchers usually call rent-burdened (2020–2024 American Community Survey).
How many renters are there in Lake City?
Lake City has an estimated 352 (±116) renting households, 34.2% of its occupied homes (2020–2024 American Community Survey).
What is the median household income in Lake City?
The median household income in Lake City is $60,273 (±$3,828) a year (2020–2024 American Community Survey).
What is the average home value in Lake City, AR?
The Census Bureau publishes the median: $152,000 (±$28,255) for owner-occupied homes in Lake City (2020–2024 American Community Survey).
Is Lake City growing?
In Lake City, the number of residents went from 2,465 in 2015–2019 to 2,531 in 2020–2024 (+2.7%), a measurable increase.
Sources
- Demographic and Housing Estimates (DP05), 2020–2024 ACS 5-year estimates — Lake City city, Arkansas
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Lake City city, Arkansas
- Selected Economic Characteristics (DP03), 2020–2024 ACS 5-year estimates — Lake City city, Arkansas
- Median Real Estate Taxes Paid by Mortgage Status (B25103), 2020–2024 ACS 5-year estimates — Lake City city, Arkansas
- Selected Social Characteristics (DP02), 2020–2024 ACS 5-year estimates — Lake City city, Arkansas
- Total Population (B01003), 2015–2019 ACS 5-year estimates — Lake City city, Arkansas
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — Lake City city, Arkansas
- HUD Fair Market Rents, fiscal year 2027: Jonesboro, AR HUD Metro FMR Area
- HUD Income Limits, fiscal year 2026: Jonesboro, AR HUD Metro FMR Area
- FBI Uniform Crime Reporting Program, Crime Data Explorer: Lake City Police Department (ORI AR0160300)
- FBI: Uniform Crime Reporting statistics and their proper use
- Consumer Price Index for All Urban Consumers (CPI-U), US city average, all items, US Bureau of Labor Statistics: annual averages 2019 and 2024
- US Census Bureau, 2024 Gazetteer Files
To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) for Lake City city, Arkansas (place:37780, in state:05).
Each estimate (E or PE) has a margin of error beside it (M or PM).
The 2015–2019 figures are B01003_001E, B01003_001M, B25064_001E, B25064_001M from the 2019 release.
The API needs a free key.
DP05_0001E, DP05_0001M, DP04_0001E, DP04_0001M, DP04_0047PE, DP04_0047PM, DP04_0134E, DP04_0134M, DP03_0062E, DP03_0062M, DP04_0089E, DP04_0089M
This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.
Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.
Figures last updated on .