Melbourne vs Lake Village
Side-by-side comparison
How does Melbourne, AR compare to Lake Village, AR? Melbourne has a population of 2,227 with a median household income of $34,303, while Lake Village has 2,280 residents and a median income of $44,803. Below you'll find a detailed breakdown of demographics, economy, and housing for both cities.
| Metric | Melbourne, AR | Lake Village, AR | Difference |
|---|---|---|---|
| Population | 2,227 | 2,280 | -2.3% |
| Median Age | 35.8 | 36.6 | -2.2% |
| Foreign Born % | 0.8% | 5.9% | -86.4% |
| Metric | Melbourne | Lake Village | Difference |
|---|---|---|---|
| Median Income | $34,303 | $44,803 | -23.4% |
| Unemployment | 6% | 7.7% | -22.1% |
| Poverty Rate | 36.4% | 18% | +102.2% |
| Bachelor's+ | 15.8% | 21.4% | -26.2% |
| Metric | Melbourne | Lake Village | Difference |
|---|---|---|---|
| Home Value | $203,000 | $120,200 | +68.9% |
| Median Rent | $620/mo | $850/mo | -27.1% |
| Housing Units | 1,001 | 1,104 | -9.3% |