The City of Lake City had a population of 2,281 as of July 1, 2018. Lake City ranks in the upper quartile for Population Density and the lower quartile for Diversity Index when compared to the other cities, towns and Census Designated Places (CDPs) in Arkansas. See peer rankings below.
The primary coordinate point for Lake City is located at latitude 35.8194 and longitude -90.4539 in Craighead County. The formal boundaries for the City of Lake City (see map below) encompass a land area of 3.02 sq. miles and a water area of 0.04 sq. miles. Craighead County is in the Central time zone (GMT -6). The elevation is 226 feet.
The City of Lake City (GNIS ID: 2404860) has a C1 Census Class Code which indicates an active incorporated place that does not serve as a county subdivision equivalent. It also has a Functional Status Code of "A" which identifies an active government providing primary general-purpose functions.
Alternate Unofficial Names for Lake City: Old Town, Oldtown, Sunk Lands.
|Population in Households||2,231|
|Population in Familes||1,889|
|Population in Group Qrtrs||50|
|Median Household Income||$36,460|
|Average Household Income||$49,389|
|Per Capita Income||$19,509|
|Total Housing Units||960 (100%)|
|Owner Occupied HU||606 (63.1%)|
|Renter Occupied HU||262 (27.3%)|
|Vacant Housing Units||92 ( 9.6%)|
|Median Home Value||$87,626|
|Average Home Value||$98,311|
|Average Household Size||2.57|
|Average Family Size||3|
GROWTH RATE / YEAR
|Median Household Income||3.58%|
|Per Capita Income||3.57%|
The table below compares Lake City to the other 540 incorporated cities, towns and CDPs in Arkansas by rank and percentile using July 1, 2018 data. The location Ranked # 1 has the highest value. A location that ranks higher than 75% of its peers would be in the 75th percentile of the peer group.
|Total Population||# 132||76th|
|Population Density||# 137||75th|
|Diversity Index||# 424||21st|
|Median Household Income||# 331||39th|
|Per Capita Income||# 395||27th|
Additional comparisons and rankings can be made with a VERY EASY TO USE Arkansas Census Data Comparison Tool.