Lakeview is a small town in Arkansas with a population of just under 1,000. It's a comfortable place to settle down, as retirees make up a greater percentage of the population (44%) here than they do nationally (14%), while young adults are less well-represented. Overall, the town's population, with an average age of just under 55, skews notably older than most cities in Arkansas, ranking as the seventh-oldest municipality in the state. Just 17% of residents rent in Lakeview, as the majority own their homes. Renting remains an affordable option, though, as the town boasts a relatively low average rent of $696 per month. Over the course of a year, renters in Lakeview will save around $800 compared to the state average.
Lakeview residents have an average commute of about 20 minutes, outperforming the state average of about 22 minutes. Many residents (38%) commute to work by car or truck, while public transit isn't used. Not many commuters walk to work.
There are three primary industries in Lakeview: healthcare, manufacturing, and entertainment. Combined, these industries make up 21% of the town's workforce. Meanwhile, looking at job function, many workers in these industries are in management, as 8% of the town's population reports this as their field of work, the highest number of any profession. Lakeview workers earn an average annual income of just over $56,000, roughly the same as their peers elsewhere in Arkansas. However, Lakeview compares less favorably to the national average of $73,345. Compared to the national average (19%), Lakeview has a relatively high percentage of residents over the age of 25 who possess a Bachelor's or Associate's degree (23%). Additionally, 2% have a Master's or Doctoral degree.
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