US > Arkansas > Chicot County > Lake Village, AR 71653

71653 ZIP Code Profile, Map, Data & Demographics

Related Place Profiles:
Ashton, AR | Chanticleer, AR | Fairview, AR | Jennie, AR | Lake Village, AR | Luna, AR | Macon Lake, AR | Panther Forest, AR | Red Leaf, AR | Shives, AR
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ZIP Code 71653: Basic Data & USPS Preferred City Name

Preferred Name, USPS
Lake Village, AR 71653

Acceptable Alternative
Jennie, AR 71653

Not Acceptable, USPS
Ashton, AR 71653
Chanticleer, AR 71653
Fairview, AR 71653
Gaines Landing, AR 71653
Luna, AR 71653
Macon Lake, AR 71653
McMilan Corner, AR 71653
Panther Forest, AR 71653
Red Leaf, AR 71653
Shives, AR 71653

  • ZIP Code Type: STANDARD
  • County: Chicot County
  • Centroid: Latitude 33.33, Longitude -91.284
  • Time Zone: Central Time Zone (UTC -6 hours)
  • Observes DST: Yes
  • Businesses Addresses: 225
  • PO Box Addresses: 246
  • Residential Addresses: 2,034
    • Multi-Family Addresses: 123
    • Single Family Addresses: 1,911

The ZIP Code maps and database are updated 4 times per year.
Database updated: June 1, 2024, Maps updated: May 1, 2024.

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Lake Village, AR 71653 Data & Demographics (As of July 1, 2024)

POPULATION

Total Population 4,183 (100%)
Population in Households 4,183 (100.0%)
Population in Families 3,328 (79.6%)
Population in Group Quarters1 0
Population Density 18
Diversity Index2 63
 
 

INCOME

Median Household Income $47,170
Average Household Income $80,524
% of Income for Mortgage4 26%
Per Capita Income $35,228
Wealth Index5 84
Socioeconomic Status Index6 Moderate (45.6)
 

HOUSING

Total HU (Housing Units) 2,362 (100%)
Owner Occupied HU 1,255 (53.1%)
Renter Occupied HU 575 (24.3%)
Vacant Housing Units 532 (22.5%)
Median Home Value $198,410
Average Home Value $232,669
Housing Affordability Index3 98
 

HOUSEHOLDS

Total Households 1,830
Average Household Size 2.29
Family Households 1,103
Average Family Size 3.00
NOTES
  1. 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.
  2. 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.
  3. 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.
  4. 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).
  5. 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.
  6. 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.

GROWTH RATE / YEAR

 2020-2024 2024-2029
Population -1.20% -1.02%
Households -0.69% -0.62%
Families   -0.72%
Median Household Income   2.99%
Per Capita Income   3.39%
Owner Occupied HU   -0.21%

Lake Village, AR 71653 - Peer Comparisons by Rank and Percentile

The table below compares 71653 to the other 584 ZIP Codes 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.

Variable Description Rank Percentile
Total Population # 158 73rd
Population Density # 332 43rd
Median Household Income # 356 39th
Housing Affordability Index # 144 25th
Per Capita Income # 85 86th
Diversity Index # 43 93rd

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


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