Lake Hamilton, AR Profile: Facts & Data

The Lake Hamilton CDP⁽¹⁾ had a population of 2,100 as of July 1, 2024. Lake Hamilton ranks in the upper quartile for Population Density when compared to the other cities, towns and Census Designated Places (CDPs) in Arkansas. See peer rankings below.

The primary coordinate point for Lake Hamilton is located at latitude 34.4245 and longitude -93.0952 in Garland County. The formal boundaries for the Lake Hamilton Census Designated Place encompass a land area of 1.95 sq. miles and a water area of 1.91 sq. miles. Garland County is in the Central time zone (GMT -6).

The Lake Hamilton Census Designated Place has a U1 Census Class Code which indicates a census designated place with an official federally recognized name. It also has a Functional Status Code of "S" which identifies a statistical entity.

The Lake Hamilton Census Designated Place is located within , a minor civil division (MCD) of Garland County.

A Census Designated Place (CDP) is a statistical counterpart to a self-governing (incorporated) place such as a city, town, or village. A CDP is not a legal entity and has no governmental functions.

Lake Hamilton, AR Data & Demographics (As of July 1, 2024)

POPULATION
Total Population	2,100 (100%)
Population in Households	2,100 (100.0%)
Population in Families	1,531 (72.9%)
Population in Group Quarters¹	0
Population Density	1,014
Diversity Index²	44


INCOME
Median Household Income	$65,136
Average Household Income	$108,124
% of Income for Mortgage⁴	40%
Per Capita Income	$51,539
Wealth Index⁵	134
Socioeconomic Status Index⁶	Moderate (63.0)

HOUSING
Total HU (Housing Units)	1,699 (100%)
Owner Occupied HU	636 (37.4%)
Renter Occupied HU	365 (21.5%)
Vacant Housing Units	698 (41.1%)
Median Home Value	$418,129
Average Home Value	$483,451
Housing Affordability Index³	64

HOUSEHOLDS
Total Households	1,001
Average Household Size	2.10
Family Households	597
Average Family Size	3.00

NOTES

Group Quarters - a place where people live or stay in a group living arrangement. Includes college residents halls, nursing facilities, military barracks, and correctional facilities.
The Diversity Index is a scale of 0 to 100 that represents the likelihood that two persons, chosen at random from the same area, belong to different races or ethnic groups. If an area's entire population belongs to one race AND one ethnic group, then the area has zero diversity. An area's diversity index increases to 100 when the population is evenly divided into two or more race/ethnic groups.
The Housing Affordability Index base is 100 and represents a balance point where a resident with a median household income can normally qualify to purchase a median price home. Values above 100 indicate increased affordability, while values below 100 indicate decreased affordability.
The % of Income for Mortgage quantifies the percentage of median household income dedicated to mortgage payments on a home priced at the median value (assuming a 30-year mortgage and a 20% down payment).
The Wealth Index is based on a number of indicators of affluence including average household income and average net worth, but it also includes the value of material possessions and resources. It represents the wealth of the area relative to the national level. Values above or below 100 represent above-average wealth or below-average wealth compared to the national level.
The Socioeconomic Index ranges from zero (lowest relative status) to 100 (highest relative status). This measure quantifies disparities in social position of an area's inhabitants and is built from a broad range of demographic, housing, and socioeconomic inputs. More information on this measure can be found in Esri's SEI tutorial.

Lake Hamilton, AR - Peer Comparisons by Rank and Percentile

The table below compares Lake Hamilton to the other 625 incorporated cities, towns and CDPs in Arkansas by rank and percentile using July 1, 2024 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.

GROWTH RATE / YEAR	2020-2024	2024-2029
Population	0.18%	-0.07%
Households	0.02%	0.04%
Families		-0.10%
Median Household Income		3.41%
Per Capita Income		3.70%
Owner Occupied HU		0.56%

Variable Description	Rank	Percentile
Total Population	# 138	78th
Population Density	# 57	91st
Median Household Income	# 123	80th
Housing Affordability Index	# 153	24th
Per Capita Income	# 13	98th
Diversity Index	# 227	64th

Lake Hamilton, AR Profile: Facts & Data

Lake Hamilton, Arkansas - Basic Facts

Lake Hamilton, AR Data & Demographics (As of July 1, 2024)

POPULATION

INCOME

HOUSING

HOUSEHOLDS

GROWTH RATE / YEAR

Lake Hamilton, AR - Peer Comparisons by Rank and Percentile

Lake Hamilton, AR - Most Popular Things to Do

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