Median Income
$62,130
household / year
Median Home Value
$364,000
owner-occupied
Median Rent
$844
gross / month
Cost of Living
94
national avg = 100

Is Lake Hamilton, AR a Good Place to Live?

Lake Hamilton is a small town of 2,031 in Arkansas, with a median household income of $62,130 . Its cost of living index is 94 (US average = 100), which is 6% below the national average.

Strengths: Lake Hamilton stands out for an affordable cost of living, short average commutes.

Trade-offs: No major red flags stand out in the available data. Whether Lake Hamilton is right for you depends on your priorities — the full breakdown is below.

All Lake Hamilton city data on this page comes from official government sources — the US Census Bureau, FBI, NCES, BEA, and NOAA — updated annually.

Cost of Living

Index: 94.0

Lake Hamilton's overall cost of living index is 94.0, where 100 represents the US national average. Living in Lake Hamilton costs roughly 6% less than the average American city.

Metric Lake Hamilton, AR National Avg
Median Home Value $364,000 $244,900
Median Monthly Rent $844 $1,163
Homeownership Rate 75.2% 65.9%
Median Household Income $62,130 $74,755

Crime & Safety

Higher than Average

Lake Hamilton's violent crime rate is 559.4 per 100,000 residents — 47% higher than the national average of ~380 per 100,000.

Violent Crime
559.4 /100k
Property Crime
2763.0 /100k

Vertical marker = national average. Source: FBI UCR Program.

Schools & Education

Metric Lake Hamilton, AR National Avg
School District N/A —
Elementary Schools N/A —
Middle Schools N/A —
High Schools N/A —
Student/Teacher Ratio N/A 16:1
Bachelor's Degree or Higher 27.6% 35.4%
High School Diploma or Higher 95.2% 91.1%

Weather & Climate

Lake Hamilton sees average highs of 51.7°F in January and 93.1°F in July, with 57.4 inches of annual precipitation and 1.1 inches of snow per year.

MetricLake Hamilton, AR
Average High — January51.7°F
Average High — July93.1°F
Annual Precipitation57.4"
Annual Snowfall1.1"

Demographics

MetricLake Hamilton, ARNational Avg
Population2,031—
Median Age42.638.9
Unemployment Rate0.0%3.7%
Avg Commute Time25.1 min26 min
White (non-Hispanic)95.4%59.3%
Black or African American0.8%13.6%
Hispanic or Latino0.0%18.9%
Asian2.0%6.3%
Under 1822.5%22.2%
65 and over27.1%16.8%

Nearby Cities

Lake Hamilton vs Other Cities

Frequently Asked Questions

Lake Hamilton's cost of living index is 94, where 100 is the national average. That makes Lake Hamilton roughly 6% less expensive than a typical US city — a meaningful affordability advantage. The median home price is $364,000 and median rent is $844/month.
Lake Hamilton's violent crime rate is 559.4 per 100,000 residents — the national average is ~380 per 100,000. Property crime is 2763.0 per 100,000 (national avg ~2,100). Data from the FBI Uniform Crime Reporting Program.
School district information is sourced from NCES Common Core of Data.
Lake Hamilton, AR has a population of 2,031, a median household income of $62,130, and an unemployment rate of 0.0%. It offers below-average costs of living, which stretches take-home pay further than in most American cities. Whether it's right for you depends on your priorities — use the compare tool above to stack it against another city you're considering.
Lake Hamilton averages 51.7°F in January and 93.1°F in July. Annual rainfall is 57.4 inches with about 1.1 inches of snow per year. Based on NOAA 30-year climate normals (1991–2020).
The population of Lake Hamilton, Arkansas is 2,031 with a median age of 42.6. Source: US Census ACS 5-Year Estimates.
Key numbers for living in Lake Hamilton: cost of living index 94 (100 = US average), median home $364,000, median household income $62,130, crime index 141 (100 = US average, lower is safer). Whether these are benefits or drawbacks depends on where you're coming from — compare Lake Hamilton side by side with your current city to see the trade-offs.