Living in Lake View, Arkansas
Cost of living, income, home prices, rent and demographics of Lake View · Census data 2020–2024
Lake View has 357 residents with a median age of 55.1. The median household income is $27,857 (54% lower than the Arkansas median), the median home value is $57,000, the median rent is $485/month.
Lake View is a small town, so Census survey estimates have wide margins of error. Treat percentages as approximate.
Lake View at a glance
- Population
- 357
- Median age
- 55.1State: 38.5
- Median household income
- $27,857State: $60,773
- Median home value
- $57,000State: $188,000
- Median rent
- $485/moState: $947
- Homeowners
- 33.9%
- Bachelor's degree or higher
- 9.7%
- Average commute
- 31 min
Is Lake View a good place to live?
Pros: Home values 70% lower than the state median; unemployment of 3.9%.
Cons: Median household income 54% lower than the Arkansas median; an average commute of 31 minutes; a poverty rate of 20%.
The weather is best in April–May and September–October.
Cost of living in Lake View
Housing is the biggest part of the cost of living. In Lake View the median home value is $57,000, 83% lower than the U.S. median. Renters pay a median of $485 per month, which is 28% of household income. Homeowners with a mortgage pay $764 a month in housing costs.
Lake View median household income
The median household income in Lake View is $27,857 and the income per person is $21,736. 20% of residents live below the poverty line (Arkansas: 16%).
Housing in Lake View: homes for sale and rent
- Housing units
- 231
- Owner-occupied
- 33.9%
- Renter-occupied
- 66.1%
- Vacant
- 22.1%Includes seasonal homes
- Median year built
- 1981
- Average household size
- 1.98
Lake View demographics
- Population
- 357
- Median age
- 55.1
- Under 18
- 20.4%
- 65 and older
- 35.9%
- Households
- 180
- Foreign-born
- 0%
- Veterans
- 5.6%Adults 18+
Hispanic or Latino can be of any race. Population history of Lake View ›
Education in Lake View
9.7% of adults 25 and older in Lake View have a bachelor's degree or higher (Arkansas: 25.7%), and 4% have a graduate or professional degree.
Jobs and commute in Lake View
- Unemployment rate
- 3.9%State: 4.9%
- Average commute
- 31 minState: 23 min
- Work from home
- 0%
- Drive alone
- 66.3%
- Public transit
- 0%
- Walk to work
- 11.2%
- Homes with broadband
- 53.9%
Lake View vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Lake View | 357 | $27,857 | $57,000 | $485 |
| Elaine | 487 | $29,792 | $64,800 | $326 |
| Friars Point | 884 | $17,205 | $56,400 | $446 |
| Marvell | 1,160 | $51,875 | $58,200 | $641 |
| Lexa | 138 | $45,089 | $93,100 | $713 |
| Helena-West Helena | 8,935 | $36,019 | $73,200 | $771 |
| Rondo | 111 | $35,714 | $61,700 | $1,375 |
| Coahoma | 208 | $25,054 | $58,000 | $429 |
| Rena Lara | 104 | $96,500 | $118,800 | — |
More for people moving to Lake View
Lake View ZIP code ›Weather and climate ›Living in Lake View: FAQ
What is the median household income in Lake View, AR?
The median household income in Lake View is $27,857, 54% lower 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 View?
The median home value in Lake View is $57,000, compared with $188,000 in Arkansas.
How much is rent in Lake View?
The median gross rent in Lake View is $485 per month, about 28% of household income.
Is Lake View, AR a good place to live?
Pluses: home values 70% lower than the state median; unemployment of 3.9%. Minuses: median household income 54% lower than the Arkansas median; an average commute of 31 minutes; a poverty rate of 20%.
What is the median age in Lake View?
The median age in Lake View is 55.1 years (Arkansas: 38.5).
How long is the commute in Lake View?
The average commute to work in Lake View is 31 minutes; 0% of workers work from home.
What is the unemployment rate in Lake View?
The unemployment rate in Lake View is 3.9% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Lake View?
9.7% of adults in Lake View 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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