Caraway vs Lake City

A side-by-side comparison of Caraway and Lake City: population, income, housing, and more.

Caraway and Lake City are places in Arkansas. This page compares them across population, income, housing, education, commuting, and how each has changed since 2019.

Lake City has the higher population (2,452 vs 1,078 in Caraway). Lake City has the higher median household income ($57,449 vs $41,667 in Caraway). Lake City has the higher median home value ($125,500 vs $73,800 in Caraway).

Population, income & housing

	Caraway	Lake City
Population	1,078	2,452
Median age	32.4 yrs	32.6 yrs
Median household income	$41,667	$57,449
Median home value	$73,800	$125,500
Median gross rent	$481	$827
Housing units	497	1,116
Homeownership rate	68.7%	63.1%
Bachelor's degree or higher	13.0%	17.4%
Unemployment rate	4.7%	7.5%

Trends (ACS 5-year, 2019–2023)

	Caraway	Lake City
Population	1,000 → 1,078 (+7.8%)	2,465 → 2,452 (-0.5%)
Median household income	$43,958 → $41,667 (-5.2%)	$47,222 → $57,449 (+21.7%)
Median home value	$48,800 → $73,800 (+51.2%)	$93,500 → $125,500 (+34.2%)
Median gross rent	$573 → $481 (-16.1%)	$838 → $827 (-1.3%)

Caraway

Population

1,0001,078

Median household income

$43,958$41,667

Median home value

$48,800$73,800

Median gross rent

$573$481

Lake City

Population

2,4652,452

Median household income

$47,222$57,449

Median home value

$93,500$125,500

Median gross rent

$838$827

Age & race/ethnicity

Age distribution (share)

	Caraway	Lake City
Under 5	5.3%	7.6%
5 to 17	21.2%	15.3%
18 to 24	9.2%	10.8%
25 to 34	18.9%	22.4%
35 to 44	10.4%	7.0%
45 to 54	9.6%	10.4%
55 to 64	9.7%	8.2%
65 to 74	7.4%	8.2%
75 and over	8.3%	10.2%

Race & ethnicity (share)

	Caraway	Lake City
White (non-Hispanic)	90.6%	91.4%
Black or African American	0.0%	1.8%
American Indian & Alaska Native	0.1%	0.5%
Asian	0.0%	0.0%
Native Hawaiian & Pacific Islander	0.0%	0.0%
Some other race	0.0%	0.0%
Two or more races	5.1%	5.3%
Hispanic or Latino	4.2%	1.1%

Educational attainment (age 25+)

Share of adults 25+

	Caraway	Lake City
No high school diploma	19.6%	13.2%
High school graduate	49.2%	37.3%
Some college or associate's	18.2%	32.2%
Bachelor's degree	7.8%	9.9%
Graduate or professional degree	5.2%	7.5%

Commute to work

How workers get to work (share)

	Caraway	Lake City
Drove alone	69.3%	90.0%
Carpooled	27.4%	8.9%
Public transit	0.0%	0.0%
Walked	0.0%	0.0%
Bicycle	0.9%	0.0%
Worked from home	2.4%	1.1%
Other means	0.0%	0.0%

Housing

Units in structure (share)

	Caraway	Lake City
1-unit, detached	76.3%	82.6%
1-unit, attached	2.2%	0.4%
2 to 4 units	13.5%	12.7%
5 to 19 units	0.0%	0.0%
20 or more units	0.0%	0.0%
Mobile home & other	8.0%	4.3%

Poverty & households

	Caraway	Lake City
Poverty rate	22.6%	13.4%
Average household size	2.46	2.34
Mean commute (minutes)	21	20
Median year structure built	1974	1982