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Lake Village, AR 71653 has a population of approximately 4,703 and experiences a population change rate of -18.14%. The population density is 14.9 / sq mi .
The median household income for Lake Village, AR 71653 is $44,142, with 1,745 households and an average household size of 2.52.
The median value of a home in Lake Village, AR 71653 is $115,800 with an appreciation rate of 19.70%. 55.57% of housing in the state is owned while 20.96% is rented.
The cost of living in Lake Village, AR 71653 is 74.7 %.
The unemployment rate in Lake Village, AR 71653 is 4.30%, and recent job growth is at 1.68%. Future job growth is projected at 24.39%.
The sales tax rate in Lake Village, AR 71653 is 10.50%, while the income tax rate is 5.50% .
School expenditures in Lake Village, AR 71653 are $12,418, and the school ratio is 10.3:1.
The average high temperature in July is 92.2 degrees, with an average low temperature in January of 33.1 degrees. The average rainfall is approximately 54.7 inches per year, with 0.4 inches of snow per year.