What percentage of people rent in Lake Hamilton, AR?

27.0% (±11.4 points) of the occupied homes in Lake Hamilton, AR are rented (2020–2024 American Community Survey).

That is 227 renting households against 613 that own their home.

In Lake Hamilton, the share of households that rent went from 38.1% in 2015–2019 to 27.0% in 2020–2024 (−11.1 percentage points), not a measurable change.

Figures last updated on .

Households that rent
27.0% (±11.4 points)
Renting households
227 (±97)
Median renter income
$44,519 (±$28,512)

Who rents and who owns in Lake Hamilton

Tenure, estimate (90% margin of error)
Lake HamiltonGarland CountyArkansasUnited States
Renter-occupied share27.0% (±11.4 points)30.6% (±1.7 points)33.6% (±0.4 points)34.8%
Renting households227 (±97)13,371 (±840)405,123 (±3,925)45,017,354
Owning households613 (±191)30,296 (±842)800,864 (±6,305)84,210,142
Average renter household size2.5 (±0.9)2.1 (±0.1)2.3 (±0.0)2.3
Average owner household size2.5 (±0.8)2.3 (±0.1)2.5 (±0.0)2.6
Median renter household income$44,519 (±$28,512)$39,229 (±$3,394)$39,315 (±$589)$52,966
Median owner household income$89,120 (±$17,038)$67,148 (±$2,942)$75,473 (±$657)$100,009

In Lake Hamilton, the renter share is not measurably different from Garland County (30.6%).

It is not measurably different from Arkansas (33.6%).

It is not measurably different from the national figure (34.8%).

In Garland County, Lake Hamilton ranks 5 of 8 places with a published estimate, from highest to lowest renter share.

Statewide, it ranks 289 of 515.

Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.

How renting in Lake Hamilton has changed since 2015–2019

2015–2019 and 2020–2024 American Community Survey 5-year estimates
2015–20192020–2024Amount of changeVerdict
Households that rent38.1% (±20.3 points)27.0% (±11.4 points)−11.1 percentage pointsNot a measurable change
Median gross rent$751 (±$41)$1,129 (±$189)+50.3%Up after inflation
Median household income$54,000 (±$24,989)$73,696 (±$27,486)+36.5%No measurable change after inflation

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.

Households that rent in places near Lake Hamilton

Nearest places with a published estimate, compared with Lake Hamilton
PlaceDistanceHouseholds that rentCompared with this place
Lake Hamilton—27.0% (±11.4 points)—
Rockwell4.1 mi33.9% (±9.2 points)Not measurably different
Hot Springs4.4 mi43.0% (±2.6 points)Higher
Piney6.4 mi46.7% (±9.5 points)Higher
Mountain Pine11 mi28.4% (±14.9 points)Not measurably different
Midway14 mi3.7% (±4.9 points)Lower
Friendship15 mi30.2% (±18.6 points)Not measurably different
Malvern15 mi49.8% (±6.4 points)Higher
Fountain Lake15 mi22.6% (±12.9 points)Not measurably different

Nearby places with a measurably lower figure: Midway, AR (3.7%).

Nearby places with a measurably higher figure: Hot Springs, AR (43.0%), Piney, AR (46.7%), Malvern, AR (49.8%).

Distance is measured in a straight line between the Census Bureau’s internal points for each place.

Households that rent across Garland County, place by place

RankPlaceHouseholds that rent
1Piney46.7% (±9.5 points)
2Hot Springs43.0% (±2.6 points)
3Rockwell33.9% (±9.2 points)
4Mountain Pine28.4% (±14.9 points)
5Lake Hamilton27.0% (±11.4 points)
6Fountain Lake22.6% (±12.9 points)
7Hot Springs Village12.4% (±3.2 points)
8Lonsdale1.9% (±10.7 points)

Lake Hamilton is a census-designated place: an unincorporated community the Census Bureau draws for statistics, with no municipal government of its own.

Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.

Margins of error are at the 90% confidence level.

What you can do on Seayora in Lake Hamilton

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Questions about Lake Hamilton

How many renters are there in Lake Hamilton?

Lake Hamilton has an estimated 227 (±97) renting households, 27.0% of its occupied homes (2020–2024 American Community Survey).

Is renting growing in Lake Hamilton?

In Lake Hamilton, the share of households that rent went from 38.1% in 2015–2019 to 27.0% in 2020–2024 (−11.1 percentage points), not a measurable change.

How big are renting households in Lake Hamilton?

A renting household in Lake Hamilton has 2.5 people on average, against 2.5 in an owned home.

How much do renters earn in Lake Hamilton?

The median renting household in Lake Hamilton, AR has an income of $44,519 (±$28,512) a year, against $89,120 for households that own their home.

Sources

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) and detailed tables (acs/acs5) for Lake Hamilton CDP, Arkansas (place:37930, in state:05).

Each estimate (E or PE) has a margin of error beside it (M or PM).

The 2015–2019 figures are DP04_0047PE, DP04_0047PM, B25064_001E, B25064_001M, B19013_001E, B19013_001M from the 2019 release.

The API needs a free key.

Request a Census API key.

DP04_0047PE, DP04_0047PM, DP04_0047E, DP04_0047M, DP04_0046E, DP04_0046M, DP04_0049E, DP04_0049M, DP04_0048E, DP04_0048M, B25119_003E, B25119_003M, B25119_002E, B25119_002M

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 .

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