What percentage of people rent in Lake Village, AR?

Name: Renters and owners in Lake Village, AR, 2020–2024
Creator: US Census Bureau
License: https://www.census.gov/data/developers/about/terms-of-service.html

43.8% (±9.7 points) of the occupied homes in Lake Village, AR are rented (2020–2024 American Community Survey).

That is 394 renting households against 506 that own their home.

In Lake Village, the share of households that rent went from 44.1% in 2015–2019 to 43.8% in 2020–2024 (−0.3 percentage points), not a measurable change.

Figures last updated on November 12, 2026.

Households that rent: 43.8% (±9.7 points)
Renting households: 394 (±137)
Median renter income: $35,114 (±$8,945)

Who rents and who owns in Lake Village

Tenure, estimate (90% margin of error)
	Lake Village	Chicot County	Arkansas	United States
Renter-occupied share	43.8% (±9.7 points)	30.8% (±4.6 points)	33.6% (±0.4 points)	34.8%
Renting households	394 (±137)	1,220 (±204)	405,123 (±3,925)	45,017,354
Owning households	506 (±94)	2,745 (±205)	800,864 (±6,305)	84,210,142
Average renter household size	2.1 (±0.4)	2.2 (±0.3)	2.3 (±0.0)	2.3
Average owner household size	2.5 (±0.3)	2.3 (±0.2)	2.5 (±0.0)	2.6
Median renter household income	$35,114 (±$8,945)	$34,631 (±$9,183)	$39,315 (±$589)	$52,966
Median owner household income	$47,045 (±$26,697)	$43,240 (±$13,254)	$75,473 (±$657)	$100,009

In Lake Village, the renter share is higher than in Chicot County (30.8%).

It is also higher than in Arkansas (33.6%).

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

In Chicot County, Lake Village ranks 1 of 3 places with a published estimate, from highest to lowest renter share.

Statewide, it ranks 105 of 515.

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

How renting in Lake Village has changed since 2015–2019

2015–2019 and 2020–2024 American Community Survey 5-year estimates
	2015–2019	2020–2024	Amount of change	Verdict
Households that rent	44.1% (±7.0 points)	43.8% (±9.7 points)	−0.3 percentage points	Not a measurable change
Median gross rent	$559 (±$105)	$855 (±$384)	+53.0%	No measurable change after inflation
Median household income	$37,656 (±$4,851)	$41,434 (±$8,274)	+10.0%	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 Village

Nearest places with a published estimate, compared with Lake Village
Place	Distance	Households that rent	Compared with this place
Lake Village	—	43.8% (±9.7 points)	—
Montrose	12 mi	8.6% (±13.2 points)	Lower
Greenville	14 mi	46.1% (±3.1 points)	Not measurably different
Portland	15 mi	17.3% (±8.1 points)	Lower
Eudora	15 mi	30.5% (±9.3 points)	Not measurably different
Dermott	16 mi	40.1% (±9.2 points)	Not measurably different
Metcalfe	18 mi	34.6% (±13.5 points)	Not measurably different
Arkansas City	20 mi	27.0% (±15.2 points)	Not measurably different
Parkdale	21 mi	7.1% (±26.1 points)	Lower

Nearby places with a measurably lower figure: Montrose, AR (8.6%), Portland, AR (17.3%), Parkdale, AR (7.1%).

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

Households that rent across Chicot County, place by place

Rank	Place	Households that rent
1	Lake Village	43.8% (±9.7 points)
2	Dermott	40.1% (±9.2 points)
3	Eudora	30.5% (±9.3 points)

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 Village

How many renters are there in Lake Village?

Lake Village has an estimated 394 (±137) renting households, 43.8% of its occupied homes (2020–2024 American Community Survey).

Is renting growing in Lake Village?

In Lake Village, the share of households that rent went from 44.1% in 2015–2019 to 43.8% in 2020–2024 (−0.3 percentage points), not a measurable change.

How big are renting households in Lake Village?

A renting household in Lake Village has 2.1 people on average, against 2.5 in an owned home.

How much do renters earn in Lake Village?

The median renting household in Lake Village, AR has an income of $35,114 (±$8,945) a year, against $47,045 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 Village city, Arkansas (place:38170, 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.