Lake Hamilton, AR Profile: Facts & Data

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Lake Hamilton, Arkansas - Basic Facts

The Lake Hamilton Census Designated Place had a population of 2,083 as of July 1, 2019. 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 elevation is 449 feet.

The Lake Hamilton Census Designated Place (GNIS ID: 2403190) 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 Township of Lake Hamilton, a minor civil division (MCD) of Garland County.


Jump to... (On This Page!)
  1. Lake Hamilton 2019 Demographic Data
  2. Growth Rates for Lake Hamilton (Historical & 5-Year Forecast)
  3. Peer Comparisons (Rank and Percentile)
  1. Neighborhoods Demographics (Home Values, Household Income, etc.)
  2. Arkansas Research Tools (Easy Tools & Current Data)
  3. Arkansas Data Comparison Tool - 2019 Demographics

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Boundary Maps, Demographic Data, School Zones Review maps and data for the neighborhood, city, county, ZIP Code, and school zone. July 1, 2019, data includes home values, household income, percentage of homes owned, rented or vacant, etc.


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Lake Hamilton, AR Data & Demographics (As of July 1, 2019)

HOUSING AFFORDABILITY INDEX

Lake Hamilton, AR Housing Affordability Index is 105
State of Arkansas Housing Affordability Index is 177
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.

WEALTH INDEX

Lake Hamilton, AR Wealth Index is 144
State of Arkansas Wealth Index is 67
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.

These new demographic attributes are availiable for Neighborhoods, Cities, Counties, and ZIP Codes.

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  1. For information about schools and school attendance zones, use the HTL Address Tool
  2. Our new HTL Neighborhood Explorer provides lots of detail about any neighborhood.
  3. The new 2-Minute Introduction and Concise Guide to Big Data which will help you make the most effective use of HomeTownLocator Tools.
  4. See the References & Data Sources page for more information about methodology and sources of data.
  5. See the Arkansas COVID-19 Data and US COVID-19 Data for more information on the spread of the novel coronavirus.

POPULATION

Total Population 2,083
Population in Households 2,076
Population in Families 1,508
Population in Group Qrtrs 7
Population Density 1,071
Diversity Index1 31
 

INCOME

Median Household Income $64,893
Average Household Income $102,112
Per Capita Income $48,731
Wealth Index3 144

HOUSING

Total Housing Units 1,637 (100%)
Owner Occupied HU 526 (32.1%)
Renter Occupied HU 474 (29.0%)
Vacant Housing Units 637 (38.9%)
Median Home Value $335,507
Housing Affordability Index2 105
 

HOUSEHOLDS

Total Households 1,000
Average Household Size 2.08
Family Households 587
Average Family Size 3
NOTES
  1. 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 race 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.
  2. 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.
  3. 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.

GROWTH RATE / YEAR

2010-2019 2019-2024
Population -0.31% -0.09%
Households -0.28% -0.08%
Families -0.68% -0.34%
Median Household Income   4.41%
Per Capita Income   3.37%

Lake Hamilton, AR - Peer Comparisons by Rank and Percentile

The table below compares Lake Hamilton to the other 540 incorporated cities, towns and CDPs in Arkansas by rank and percentile using July 1, 2019 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.

Variable Description Rank Percentile
Total Population # 147 73rd
Population Density # 55 90th
Diversity Index # 261 52nd
Median Household Income # 24 96th
Per Capita Income # 3 100th

Additional comparisons and rankings can be made with a VERY EASY TO USE Arkansas Census Data Comparison Tool.

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Arkansas Census Data Comparison Tool

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