Arkansas / County

Moving to Lake Village, AR

Thinking of making a move to Lake Village, AR? Get helpful local information about living costs, neighborhoods, schools, weather, housing, DMV details, and practical relocation details before you plan your move.

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Everything You Should Know Before Moving to Lake Village, AR

Considering a move to Lake Village, AR? This welcoming community of 2,075 residents offers a blend of suburban charm and convenience, with median home prices around $86,000 and average rents near $630. Commute times average 14 minutes and public transport is accessible, making it great for professionals. The area boasts low violent crime, strong schools, and plenty of sunny days (62% annually), ideal for families and commuters alike. Explore Lake Village's cost of living, education, and friendly neighborhoods to see if it's the right fit for your next move.

Demographics - Lake Village, AR

Lake Village has a population of 2,075 residents, offering a diverse community with a median age of nearly 39 and a balanced gender ratio. The area features a strong blend of backgrounds, with about 35% White, 61% Black, and 0% Asian residents, and over 3% speaking a language other than English at home. Its high population density contributes to a lively suburban atmosphere.

Population
2,075
Density
1,150 per sq mi
Median Age
38.9
Gender Ratio
88 males per 100 females
Non-English Speakers Percentage
2.6%

Ethnic Composition

White
35.2%
Black
61.3%
Asian
0.4%
Others
3.1%

Cost Of Living

What is the average cost of living in Lake Village, AR?

The cost of living in Lake Village is higher than the national average, with a cost of living index of 74.1. Median home values are around $86,000 and average rents for a two-bedroom apartment are approximately $620. Utilities, groceries, and transportation costs are also elevated, reflecting the area's desirable location and amenities.

Median House Value
$86,000
Gross Rent
$620
Monthly Electricity Charges
$125
Auto Insurance
$1,280
House Owner Cost With Mortgage
$910
House Owner Cost Without Mortgage
$330
State Taxes
Low: 2.0%| High: 5.9%
Cost Of Living Index
74.1
Grocery
91.5
Housing
38.2
Utilities
96.1
Transportation
77.8
Health Care
81.4
Miscellaneous
84.0

Crime

Is Lake Village, AR a safe place to live?

Lake Village is considered a safe community, with a low violent crime rate of 596 incidents per 100,000 residents and a property crime chance of 1 in 32. Most residents enjoy peace of mind, making it an attractive choice for families. The crime index remains below many urban areas in Arkansas.

Violent Crimes Per 100k
596
Property Crimes Per 100k
3,100
Crime Index
3,696
Chance Of Violent Crime
1 in 168
Chance Of Property Crime
1 in 32

Weather

What is the weather like in Lake Village, AR year-round?

Lake Village experiences four distinct seasons, with warm summers reaching highs of 92°F and cold winters dipping to 36°F. The area receives about 53 inches of rainfall annually and enjoys sunshine on 62% of days. This climate offers residents a balanced mix of outdoor opportunities year-round.

Winter

Min
36°F
Max
54°F

Summer

Min
70°F
Max
92°F

Spring

Min
52°F
Max
76°F

Fall

Min
54°F
Max
77°F
Average Rainfall Inches
53 inches
Sunny Days Percentage
62%

Neighbors

The neighborhood boasts a healthy median household income of $30,500 and a low poverty rate of 34.7%. Over 81% of residents have at least a high school diploma, and nearly 14% hold a bachelor's degree or higher. Commute times average 14 minutes, and almost 0% use public transportation, reflecting the area's accessibility and educated population.

Median Income
$21,400
Household Income
$30,500
Family Income
$37,200
Per Capita Income
$16,900
Income Male
$29,200
Income Female
$22,700
Poverty Rate
34.7%
Non English Speakers
2.6%
Rent
$620
Unemployment Rate
6.8%
Public Transport Usage
0.2%
Commute Time
14.2 minutes

Education

High School or Higher
81.2%
Bachelors or More
14.2%

Education

How are the schools in Lake Village, AR?

Lake Village offers quality education options, with public schools like Lakeside High School and Lakeside Middle School known for favorable student-to-teacher ratios. Families also have access to private schools and several nearby colleges, including University of Arkansas at Monticello (Drew County). The community is committed to educational excellence for all age groups.

Public Schools

Name
Lakeside High School
Street
366 Hwy 82 W
Phone
870-265-2232
Students
390
Student Teacher Ratio
11.7
Name
Lakeside Middle School
Street
360 Hwy 82 W
Phone
870-265-2229
Students
250
Student Teacher Ratio
13.1

Private Schools

Name
Our Lady of the Lake Catholic School
Street
106 S Lakeshore Dr
Phone
870-265-5289
Students
75

Colleges

Name
University of Arkansas at Monticello (Drew County)
City
Monticello
State
AR
Distance
38 miles
Students
3,700

Healthcare

Lake Village residents have access to quality healthcare, with major hospitals like Chicot Memorial Medical Center nearby. The community benefits from a high physician-to-resident ratio of 1.2 per 1,000 people and 85.0% health insurance coverage. Local healthcare services are reliable and comprehensive.

Major Hospitals

Name
Chicot Memorial Medical Center
Address
2729 S Hwy 65 & 82, Lake Village, AR 71653
Phone
(870) 265-5351
Type
General & Surgical
Emergency Services
Yes

Healthcare Access

Physicians Per 1000
1.2
Health Insurance Coverage
85.0%
Health Care Index
71.3

Housing Market

What is the housing market like in Lake Village, AR?

The local housing market is strong, with a median home price of $86,000 and an owner-occupied rate of nearly 56%. The market has seen a 2.3% appreciation over the past year, and rental vacancy rates remain moderate at 8.4%. Lake Village offers a mix of stability and opportunity for both buyers and renters.

Median Home Price
$86,000
Average Rent For 2 Bedroom
$630
Owner Occupied Rate
55.6%
Rental Vacancy Rate
8.4%
Home Appreciation Rate (1yr)
2.3%
New Construction Rate
0.3%
Foreclosure Rate
0.8%

DMV Information

Residents of Lake Village handle vehicle services through the Arkansas Department of Finance & Administration - Office of Motor Vehicle, conveniently located in Lake Village. The state DMV provides driver licensing, vehicle registration, and other essential services both in person and online. Information and resources are easily accessible for new and existing residents.

State
Arkansas
Department
Arkansas Department of Finance & Administration - Office of Motor Vehicle
Address
113 S. Court St., Lake Village, AR 71653
Phone
870-265-5655

Disclaimer: The information provided on this page is based on publicly available sources including AccuWeather, U.S. Census Bureau, local government data, and third-party partners such as Neustar. While we strive to ensure accuracy, all data is provided “as is” and should be independently verified before making any decisions. Movers.com makes no guarantees regarding the completeness or reliability of the information.

FAQs About Moving to Lake Village, AR

Answers use the same city data shown on this page, including costs, housing, schools, safety, weather, healthcare, and DMV details.

Before moving to Lake Village, review the core fields on this page: population 2,075, median home value $86,000, average rent for 2 bedroom $630, commute time 14.2 minutes, and sunny days percentage 62%.

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