Living in Lake Hamilton, Arkansas
Cost of living, income, home prices, rent and demographics of Lake Hamilton · Census data 2020–2024
Lake Hamilton has 2,127 residents with a median age of 37.9. The median household income is $73,696 (21% higher than the Arkansas median), the median home value is $405,900, the median rent is $1,129/month.
Lake Hamilton at a glance
- Population
- 2,127
- Median age
- 37.9State: 38.5
- Median household income
- $73,696State: $60,773
- Median home value
- $405,900State: $188,000
- Median rent
- $1,129/moState: $947
- Homeowners
- 73%
- Bachelor's degree or higher
- 34.4%
- Average commute
- 22 min
Is Lake Hamilton a good place to live?
Pros: Median household income 21% higher than the Arkansas median; an average commute of 22 minutes; unemployment of 1.1%; a poverty rate of 12.5%.
Cons: Home values 116% higher than the state median.
The weather is best in April–May and September–October.
Cost of living in Lake Hamilton
Housing is the biggest part of the cost of living. In Lake Hamilton the median home value is $405,900, 22% higher than the U.S. median. Renters pay a median of $1,129 per month, which is 18.9% of household income. Homeowners with a mortgage pay $1,492 a month in housing costs.
Lake Hamilton median household income
The median household income in Lake Hamilton is $73,696 and the income per person is $43,210. 12.5% of residents live below the poverty line (Arkansas: 16%).
Housing in Lake Hamilton: homes for sale and rent
- Housing units
- 1,574
- Owner-occupied
- 73%
- Renter-occupied
- 27%
- Vacant
- 46.6%Includes seasonal homes
- Median year built
- 1989
- Average household size
- 2.53
46.6% of homes are vacant most of the year, a sign that Lake Hamilton has many vacation and second homes.
Lake Hamilton demographics
- Population
- 2,127
- Median age
- 37.9
- Under 18
- 27.8%
- 65 and older
- 24.8%
- Households
- 840
- Foreign-born
- 0.2%
- Veterans
- 7.5%Adults 18+
Hispanic or Latino can be of any race. Population history of Lake Hamilton ›
Education in Lake Hamilton
34.4% of adults 25 and older in Lake Hamilton have a bachelor's degree or higher (Arkansas: 25.7%), and 12.3% have a graduate or professional degree.
Jobs and commute in Lake Hamilton
- Unemployment rate
- 1.1%State: 4.9%
- Average commute
- 22 minState: 23 min
- Work from home
- 14.8%
- Drive alone
- 78.3%
- Public transit
- 0%
- Walk to work
- 0%
- Homes with broadband
- 90.4%
Lake Hamilton vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Lake Hamilton | 2,127 | $73,696 | $405,900 | $1,129 |
| Rockwell | 3,986 | $63,500 | $289,800 | $1,009 |
| Hot Springs | 37,920 | $47,760 | $165,500 | $914 |
| Piney | 4,458 | $50,901 | $134,400 | $971 |
| Jones Mills | 230 | $53,750 | $156,100 | — |
| Mountain Pine | 555 | $49,013 | — | $624 |
| Pearcy | 363 | $30,278 | $53,400 | — |
| Midway | 728 | $96,250 | $160,400 | — |
| Friendship | 168 | $55,625 | $163,800 | $694 |
More for people moving to Lake Hamilton
Lake Hamilton ZIP code ›Weather and climate ›Living in Lake Hamilton: FAQ
What is the median household income in Lake Hamilton, AR?
The median household income in Lake Hamilton is $73,696, 21% higher than the Arkansas median of $60,773 (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
What is the average home price in Lake Hamilton?
The median home value in Lake Hamilton is $405,900, compared with $188,000 in Arkansas.
How much is rent in Lake Hamilton?
The median gross rent in Lake Hamilton is $1,129 per month, about 18.9% of household income.
Is Lake Hamilton, AR a good place to live?
Pluses: median household income 21% higher than the Arkansas median; an average commute of 22 minutes; unemployment of 1.1%; a poverty rate of 12.5%. Minuses: home values 116% higher than the state median.
What is the median age in Lake Hamilton?
The median age in Lake Hamilton is 37.9 years (Arkansas: 38.5).
How long is the commute in Lake Hamilton?
The average commute to work in Lake Hamilton is 22 minutes; 14.8% of workers work from home.
What is the unemployment rate in Lake Hamilton?
The unemployment rate in Lake Hamilton is 1.1% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Lake Hamilton?
34.4% of adults in Lake Hamilton have a bachelor's degree or higher.
Source: U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024 (margins of error apply, especially in small towns). Figures are in 2024 dollars.
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