Horseshoe Lake, AR
Population 396 · Arkansas
About Horseshoe Lake, AR
Horseshoe Lake is a small community located in Arkansas with a population of 396 residents according to the latest US Census Bureau American Community Survey data. The median household income is $58,750 per year, which is 22% below the national median of $75,149. The median age of 59.4 years is notably older the US median age of 38.9 years, suggesting a more established community with a higher proportion of long-term residents.
Housing Market Overview
The housing market in Horseshoe Lake features a median home value of $93,500, which is 62% below the national median of $244,900. This makes Horseshoe Lake one of the more affordable markets in the country, potentially attractive for first-time homebuyers. Median monthly rent is $821, 29% below the national average of $1,163/month. Of the 293 total housing units, 83% are owner-occupied (180 units) and 17% are renter-occupied (37 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Horseshoe Lake shows an unemployment rate of 6.0%, which is significantly above the national rate of 3.7%, suggesting economic challenges in the area. The poverty rate stands at 10.4%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Horseshoe Lake have an average one-way commute time of 45.4 minutes, suggesting many residents commute to jobs in a nearby metro area.
Education & Demographics
10.6% of Horseshoe Lake residents aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. The lower educational attainment rate may reflect the area's industry mix, with more employment in trades, manufacturing, or agricultural sectors. The community's demographic composition includes 1.3% White, 12.9% Hispanic or Latino, 0.0% Black or African American, and 0.0% Asian residents, with 0.8% of the population being foreign-born.
Cost of Living in Horseshoe Lake, AR
Compared to national averages, Horseshoe Lake has a median household income of $58,750 (22% below the national median of $75,149). Home values average $93,500, which is 62% below the national median. Monthly rent at $821 is 29% below the US average of $1,163. Within Arkansas, Horseshoe Lake's income is 12% above the state average of $52,241, and home values are 25% below the state median of $125,457.
Why Live in Horseshoe Lake, AR?
Horseshoe Lake offers affordable housing with a median home value of $93,500, below the US average of $244,900, and rent that’s lower than the national average at $821/month, and a low poverty rate of 10.4%, better than the national average.
Potential considerations include median household income ($58,750) that falls below the national average. However, Horseshoe Lake’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Horseshoe Lake has a population of 396 with a median age of 59.4 years. Compare Horseshoe Lake with other cities to see how it stacks up, or explore all cities in Arkansas.
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Cities in Arkansas with a similar population size.
Demographics
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Economy & Education
Housing
Other Cities in Arkansas
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
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Frequently Asked Questions about Horseshoe Lake
What is the population of Horseshoe Lake, AR?
The population of Horseshoe Lake, AR is 396 according to the latest US Census Bureau American Community Survey estimates. This makes it a small community in Arkansas.
What is the median household income in Horseshoe Lake?
The median household income in Horseshoe Lake, AR is $58,750 per year, which is 22% below the national median of $75,149.
What is the median home value in Horseshoe Lake?
The median home value in Horseshoe Lake, AR is $93,500, which is 62% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Horseshoe Lake?
The median monthly rent in Horseshoe Lake, AR is $821, which is 29% below the national average of $1,163/month.
What is the unemployment rate in Horseshoe Lake?
The unemployment rate in Horseshoe Lake, AR is 6.0%, compared to the national average of 3.7%. Job seekers may want to research the dominant industries in the area.
Is Horseshoe Lake, AR a good place to live?
Horseshoe Lake offers a moderate cost of living, affordable housing, and growing employment opportunities. With a population of 396 and a median age of 59.4, the city appeals to established professionals and retirees.
How educated is Horseshoe Lake, AR?
10.6% of residents in Horseshoe Lake aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. The educational profile reflects the area's industry mix and employment landscape.
What is the cost of living in Horseshoe Lake?
Key cost-of-living indicators for Horseshoe Lake, AR: median home value is $93,500 (62% below national), median rent is $821/month, and median household income is $58,750. The home-value-to-income ratio is 1.6x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Horseshoe Lake?
The poverty rate in Horseshoe Lake, AR is 10.4%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Horseshoe Lake, AR?
Horseshoe Lake's population is 1.3% White, 12.9% Hispanic or Latino, 0.0% Black or African American, 0.0% Asian, and 4.5% two or more races. 0.8% of residents are foreign-born.