Lake Village vs Melbourne
Side-by-side comparison
How does Lake Village, AR compare to Melbourne, AR? Lake Village has a population of 2,280 with a median household income of $44,803, while Melbourne has 2,227 residents and a median income of $34,303. Below you'll find a detailed breakdown of demographics, economy, and housing for both cities.
| Metric | Lake Village, AR | Melbourne, AR | Difference |
|---|---|---|---|
| Population | 2,280 | 2,227 | +2.4% |
| Median Age | 36.6 | 35.8 | +2.2% |
| Foreign Born % | 5.9% | 0.8% | +510.0% |
| Metric | Lake Village | Melbourne | Difference |
|---|---|---|---|
| Median Income | $44,803 | $34,303 | +30.6% |
| Unemployment | 7.7% | 6% | +28.3% |
| Poverty Rate | 18% | 36.4% | -50.5% |
| Bachelor's+ | 21.4% | 15.8% | +35.4% |
| Metric | Lake Village | Melbourne | Difference |
|---|---|---|---|
| Home Value | $120,200 | $203,000 | -40.8% |
| Median Rent | $850/mo | $620/mo | +37.1% |
| Housing Units | 1,104 | 1,001 | +10.3% |