HomeArkansasChicot CountyLake Village city
Lake Village city, Arkansas: commercial real estate data.
Lake Village city is a Census city of 2,144 people across 2.39 square miles of land, in Chicot County. Median household income is $41,434, 56.2 percent of occupied homes are owned, and the SBA record carries 1 7(a) approvals to borrowers here worth $101,000.
76 sourced place values · tier FULL · 8 sections
Lake Village
What Lake Village is
- Census place typecity
- Land area2.39 sq mi
- Water area0 sq mi
- Population per square mile of land897
- County holding the largest share of its areaChicot County, 100.0 percent
US Census Bureau, cartographic boundary file, places, 2024 vintage. US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Lake Village
How many people live in Lake Village
- Population2,144
- Median age36.4
- Population under 18592 plus or minus 153
- Share under 1827.6 percent plus or minus 5.8
- Population 65 and over375 plus or minus 94
- Share 65 and over17.5 percent plus or minus 3.5
- Households900
- Family households564 plus or minus 147
- Share of households that are families62.7 percent
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Lake Village
Income and work in Lake Village
- Median household income$41,434 plus or minus $8,274
- Per capita income$24,883
- Civilian labor force854 plus or minus 183
- Employed764 plus or minus 162
- Unemployed90 plus or minus 69
- Unemployment rate10.5 percent plus or minus 7.8
- Adults 25 and over1,447
- Adults 25 and over with a high school diploma or higher87.6 percent
- Adults 25 and over with a bachelor degree or higher20.4 percent plus or minus 5.4
- Adults 25 and over with a graduate degree7.9 percent plus or minus 4.0
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Lake Village
Housing in Lake Village
- Housing units1,155
- Occupied units900
- Vacant units255 plus or minus 97
- Vacancy rate22.1 percent plus or minus 7.9
- Owner occupied506
- Renter occupied394 plus or minus 137
- Ownership rate56.2 percent
- Median owner-occupied home value$133,000 plus or minus $35,097
- Median gross rent, monthly$855 plus or minus $384
- Annual rent as a share of median income24.8 percent plus or minus 12.2
- Single family units806
- Share single family69.8 percent
- Units in buildings of two or more139 plus or minus 62
- Share in buildings of two or more12.0 percent plus or minus 5.1
- Mobile homes210 plus or minus 99
- Median year structure built1981
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Lake Village
How Lake Village gets to work
- Workers 16 and over who commute668
- Commuting under 15 minutes348 plus or minus 108
- Share commuting under 15 minutes52.1 percent plus or minus 12.9
- Commuting 30 minutes or more161 plus or minus 81
- Share commuting 30 minutes or more24.1 percent plus or minus 11.2
- Drove alone85.2 percent
- Carpooled6.1 percent plus or minus 5.0
- Public transport0.0 percent
- Walked1.4 percent plus or minus 1.8
- Worked from home7.4 percent plus or minus 6.8
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Lake Village
SBA 7(a) lending to Lake Village borrowers
- Approvals1
- Gross approval$101,000
- Average approval$101,000
- Median approval$101,000
- Ninetieth percentile approval$101,000
- Largest approval$101,000
- Jobs supported5
- Jobs per approval5.0
- Loans with a final outcome0
- Paid in full0
- Charged off0
- Median term120 months
- Share on real estate terms of 20 years or more0.0 percent
- Share to franchises0.0 percent
- Distinct lenders1
- Distinct industries by NAICS1
A charge-off rate is not published here. only 0 resolved loans, too few to publish a rate, and a rate over that few outcomes would move several points on one loan.
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30.
Lake Village
SBA 504 lending to Lake Village borrowers
- Approvals1
- Gross approval$681,000
- Average approval$681,000
- Median approval$681,000
- Largest approval$681,000
- Jobs supported11
- Loans with a final outcome0
- Charged off0
- Median term300 months
- Distinct CDCs1
US Small Business Administration, 504 FOIA release, FY2010 to FY2026 year to date, as of 2026-06-30.
Chicot County, not Lake Village
Chicot County context, not Lake Village figures
These are Chicot County figures. There is no place level equivalent published for any of them, so they are shown as the county backdrop and never as Lake Village measurements.
- Establishments in Chicot County197
- Employment at those establishments, Chicot County2,164
- Covered employment, Chicot County2,663
- Average annual pay, Chicot County$43,395
- Average weekly wage, Chicot County$835
- Housing units permitted, Chicot County0
- Of those, single family, Chicot County0
- County product, 2024, Chicot County$372,073,000
- County product change over the prior year, Chicot County2.1 percent
- Average income of an arriving household, Chicot County$37,227
Every figure in this section is published for Chicot County as a whole and is not a measurement of Lake Village. It is here because a county backdrop is what a credit committee reads a place against, and it is labelled so that it can never be quoted as the place's own.
US Census Bureau, County Business Patterns, 2023. US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages. US Census Bureau, Building Permits Survey, 2024 annual. US Bureau of Economic Analysis, Regional, table CAGDP2, CAGDP2, through 2024. US Internal Revenue Service, Statistics of Income county migration flows, 2021 to 2022 filing years.
Coverage
What this page does not hold.
Every item below could be filled with a plausible figure. None of them is. On a page a lender may read, a number that cannot be traced is worse than an absence, so the absences are named.
- This place is not listed as a community in the FEMA Community Status Book, so no NFIP participation or CRS class is shown.
- Parcel level detail, zoning and flood zone at an address are resolved in the platform, not on this page.
SBA figures count approvals to borrowers whose address is in the place. They are not approvals for projects inside the place boundary: the tape records a borrower city and a project county, and those can differ.
Common questions
Lake Village questions, answered from the record.
How many people live in Lake Village, Arkansas?
2,144, in 900 households. Lake Village city covers 2.39 square miles of land, which is 897 people per square mile. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
What county is Lake Village in?
Chicot County, which holds 100.0 percent of the place by area. Source: US Census Bureau, cartographic boundary file, places, 2024 vintage.
What is the median household income in Lake Village?
$41,434. The median owner-occupied home is valued at $133,000. Median gross rent is $855 per month. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
How much SBA lending goes to Lake Village businesses?
1 7(a) approvals totalling $101,000, across 1 lenders, median approval $101,000, plus 1 504 approvals worth $681,000. These count approvals to borrowers whose address is in Lake Village, not projects sited inside the place boundary, and they are approvals recorded in the release rather than loans disbursed.
Do SBA loans to Lake Village borrowers get paid back?
No rate is published for Lake Village. only 0 resolved loans, too few to publish a rate, and a percentage over that few outcomes would move several points on a single loan. The counts are shown instead.
Are the county figures on this page Lake Village figures?
No, and they are labelled so. County Business Patterns, QCEW, the Building Permits Survey, BEA product and IRS migration are published for Chicot County as a whole and there is no place level equivalent. They appear in one clearly marked section as context and are never presented as measurements of Lake Village.
Is zoning published for Lake Village?
Not yet. The zoning layer is in build. Nothing on this page presents parcel level zoning.