Lake Village city, Arkansas Demographics & Population 2026

Population Overview

Lake Village city is a small community located in Arkansas. The total population is 2,280. It ranks as the 135th most populous out of 617 cities and towns in Arkansas.

Age Demographics

The median age in Lake Village city is 36.6 years. This is 5% lower than the state median of 38.4 years.

Economy, Income & Housing

The median household income in Lake Village city is $44,803. This is 24% lower than the state median of $58,773. Compared to the national median of $78,538, household income here is 43% lower. The poverty rate stands at 18.0%. This is 12% higher than the state poverty rate of 16.0%. The unemployment rate is 7.6%. This is 50% higher than the state rate of 5.1%. The median home value is $120,200. Housing costs are 31% lower than the state median of $175,300. With a home-value-to-income ratio of just 2.7x, Lake Village city is one of the most affordable housing markets in the area. 57.2% of occupied housing units are owner-occupied. This homeownership rate is 14% lower than the state average of 66.1%.

Race & Ethnicity

The largest racial or ethnic group in Lake Village city is Black or African American, making up 50.4% of the population. White (non-Hispanic) residents account for 34.3%. The Black or African American population is significantly higher than the state average (50.4% vs 14.8%). The Hispanic or Latino population is significantly higher than the state average (13.5% vs 8.8%).

Education

21.4% of residents aged 25 and older hold a bachelor's degree or higher. This is 15% lower than the state rate of 25.1%. Nationally, 35.0% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 86.3%.

Data Sources & Methodology

All demographic data for Lake Village city, Arkansas is sourced from the U.S. Census Bureau's American Community Survey (ACS) 5-Year Estimates (2019-2023). The ACS collects data from approximately 3.5 million households annually, providing reliable estimates for communities of all sizes. Comparisons are made against Arkansas state averages and national averages calculated from the same dataset. Rankings reflect the city's position among all 617 Census-designated places in Arkansas. For official data, visit data.census.gov.