Lake Hamilton, AR
Population 1,912 · Arkansas
About Lake Hamilton, AR
Lake Hamilton is a small community in Arkansas with a population of 1,912 residents. The median household income is $87,870 per year, which is above the national average. The median age in Lake Hamilton is 41.7 years.
Housing in Lake Hamilton has a median home value of $411,000 and median monthly rent of $806. Of the 1,434 total housing units, the majority are owner-occupied, with 572 owner-occupied and 170 renter-occupied units.
The unemployment rate in Lake Hamilton is 0.5% and the poverty rate is 7.7%. 35.8% of residents hold a bachelor's degree or higher. The average commute time is 24.1 minutes.
How Lake Hamilton Ranks in Arkansas
Cost of Living in Lake Hamilton, AR
Compared to national averages, Lake Hamilton has a median household income of $87,870 (17% above the national median of $75,149). Home values average $411,000, which is 68% above the national median. Monthly rent at $806 is 31% below the US average of $1,163. Within Arkansas, Lake Hamilton's income is 68% above the state average of $52,241, and home values are 228% above the state median of $125,457.
Why Live in Lake Hamilton, AR?
Lake Hamilton offers a strong local economy with a median household income of $87,870, well above the national average, and rent that’s lower than the national average at $806/month, and a strong job market with an unemployment rate of just 0.5%. Additionally, the city features a well-educated community where 35.8% of residents hold a bachelor’s degree or higher, and a low poverty rate of 7.7%, better than the national average, and short commute times averaging just 24.1 minutes.
Potential considerations include a competitive housing market where the typical home costs $411,000. However, Lake Hamilton’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Lake Hamilton has a population of 1,912 with a median age of 41.7 years. Compare Lake Hamilton with other cities to see how it stacks up, or explore all cities in Arkansas.
Similar Cities Near Lake Hamilton
Cities in Arkansas with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Highfill | 1,899 | $102,000 | $229,000 | Compare |
| Cave City | 1,930 | $41,250 | $119,900 | Compare |
| Dover | 1,932 | $33,491 | $106,700 | Compare |
| Augusta | 1,881 | $49,744 | $117,100 | Compare |
| Hazen | 1,960 | $48,816 | $109,900 | Compare |
| Lepanto | 1,858 | $42,730 | $66,900 | Compare |
| Eudora | 1,843 | $27,140 | $52,200 | Compare |
| Lamar | 1,826 | $41,579 | $139,500 | Compare |
Demographics
Racial & Ethnic Composition
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 Lake Hamilton
What is the population of Lake Hamilton, AR?
The population of Lake Hamilton, AR is 1,912 according to the latest Census data.
What is the median household income in Lake Hamilton?
The median household income in Lake Hamilton, AR is $87,870 per year.
What is the median home value in Lake Hamilton?
The median home value in Lake Hamilton, AR is $411,000.
What is the average rent in Lake Hamilton?
The median monthly rent in Lake Hamilton, AR is $806.
What is the unemployment rate in Lake Hamilton?
The unemployment rate in Lake Hamilton, AR is 0.5%.