"This section provides data and information related to summary for Lake , AR summary

Welcome to the Townfolio for Lake , AR where you will find a full community profile.
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Demographics

View the Demographics tab for information such as Median Age, Median Household Income and more. Data is populated from census, state and municipal sources, along with third-party projections.

Total Population

2,570

Median Household Income

37,226

Total Visible Minorities

N/A

Median Age

36.4

What is the Median Age of Lake , AR?

Lake , AR has a median age of 36 years old. Overall, the median age in Lake , AR is dwindling at an average of -2.7% per year.

Median Household Income

In Lake , AR, the median household income is $37226 per year. Overall, it is growing at an average of 1.1% per year. In the last census, its median household income declined by $1953.

Us Income Distribution

According to OECD, the gini coefficient measures how the distribution of income among households within an economy deviates from a perfectly equal distribution of incomes. Simply, it measures the extent of income inequality in an economy. Inequality on the Gini scale is measured between 0, where everyone's equal, and 1, where all the country's income is earned by one person. Lake , AR has a gini coefficient of 0.53 out of 1, while the 2015 national gini coefficient is 0.39.

Us Marital Status

Majority of the population are married, making up 20.87 per cent of the population. Having a predominantly married population is highy beneficial to Lake , AR as married couples usually bring in larger incomes, higher net worth and gains on average. They also help boost the community's liveliness and labour force, as they are most likely to bear children and create the best economic conditions for them. Furthermore, this group also spends more compared to most of their counterparts and contributes a huge portion towards tax revenues.

Us Period Of Migration

The largest influx of immigrants to the U.S. was from 2000 to 2009. where 20 people surveyed called U.S. their new home. Historically, most people who migrated to the U.S. are born outside of the U.S.

Us Sex By Age

Overall, women outnumber men by 160. people. The 50 to 54 years old age cohort exhibits the largest discrepancy with a difference of 30 people between the sexes. Furthermore, majority of the population is between the ages 35 to 39 years old, comprising 9.18 per cent of the population. Meanwhile, 67.08 per cent are part of its working-age population, or those between the ages 15 to 64 years old, while 18.52 per cent make up the younger population that will also be part of the labour force in two decades or less. At the present, 370 people are expected to retire in the coming years.

Labor Force

View the Labor Force tab for information such as Us Median Salary By Occupation and more. Data is populated from census, state and municipal sources, along with third-party projections.

Us Median Salary By Occupation

The highest paying occupations in Lake , AR are those in Service occupations, where the median salary hovers around $40060.0. The U.S. Bureau of Census divides occupations into five broad categories: (1) Management, business, science, and arts occupations (2) Service occupations (3) Sales and office occupations (4) Natural resources, construction, and maintenance occupations (5) Production, transportation, and material moving occupations The highest paid occupations in management are those of Business and financial operations occupations where median salary is at $61000.0. In the services industry, those in Other protective service occupations earn the most at $43269.0 per annum as a median salary.The highest paying occupations in sales are that of Sales and related occupations, where the annual median salary is $35438.0. Natural resources occupations’ top salaries go to those in Installation, maintenance, and repair occupations where median salaries are around $42500.0. Meanwhile, occupations related to production have those working in Production occupations paid the most with a median salary of $36250.0 per year.

Real Estate

View the Real Estate tab for information such as Median Gross Rent, Heating Sources and more. Data is populated from census, state and municipal sources, along with third-party projections.

Housing Occupied

93.06%

Housing Vacant

6.94%

No. of Families

687

No. of Non-Families

212

Median Gross Rent

Lake , AR has an average rent of $728 per month. Overall, the average rent in Lake , AR is growing at an average of 4.09% per year. In the last two census, its average rent grew by $28.

Heating Sources

Most people in Lake , AR uses utility gas to heat up their homes. With 527 households using it, it is the leading heating source in Lake , AR. Moreover, 39.82% of households say they use electricity making it the second most popular choice. The third widely used heating source is wood, with 9 households saying they use it as their primary heating source.

Transportation

View the Transportation tab for information such as Car Ownership, Us Time Leaving For Work and more. Data is populated from census, state and municipal sources, along with third-party projections.

Most Used
Transportation

N/A

Busiest Time
On Roads

N/A

Residents Who
Work Locally

N/A

Vehicle Drivers

N/A

Car Ownership

Most households in Lake , AR have three vehicles for transportation. 395 people responding in Lake , AR feel that having three vehicles is sufficient. Moreover, 31.66% of households say they use four vehicles. Moreover, 111 households have two vehicles

Us Time Leaving For Work

Majority of commuters in Lake , AR leave their homes from 6:00am to 6:30am, saying that it's enough time to get to work. The second most popular time to head to work, with 13.25% of respondents, is from 6:30am to 7:00am. However, 109 of commuters still prefer to leave from 8:00am to 9:00am.

Us Transportation Mode

Majority of commuters in Lake , AR are driving alone in a private car, truck, or van to go to work. Moreover, 16.87% of respondents say that they prefer carpooling in a private car, truck, or van. The third most popular means of transportation is walking with 13 commuters have preferring it. Meanwhile, there are 13 people who do not need to commute to get to work, as they work from home.

Education

View the Education tab for information such as Us Field Of Study and more. Data is populated from census, state and municipal sources, along with third-party projections.

Dominant Level
of Education

N/A

Most Popular
Field of Study

N/A

Most Popular
Educational Destination

N/A

Least Popular
Field of Study

N/A

Us Field Of Study

Most are in Business with 87 people practicing it in Lake , AR. Education is another popular field of expertise, as 19.42% of inhabitants are involved in it. The third group are those who are in Psychology, with 30 people responding that it is their line of work. STEM (Science, Technology, Engineering, and Math) is expected to be a growing industry, however, Pew Research Center confirms that there is still a huge need for labour in these industries. Lake , AR has 98 people or 35.25% of workers in STEM industries.

Utilities

View the Utilities tab for information such as and more. Data is populated from census, state and municipal sources, along with third-party projections.