Lake Village is a very small city located in the state of Arkansas. With a population of 1,856 people and two associated neighborhoods, Lake Village is the 154th largest community in Arkansas.

One interesting thing about the economy is that relatively large numbers of people worked from their home: 7.35% of the workforce. While this number may seem small overall, as a fraction of the total workforce this is high compared to the rest of the county. These workers are often telecommuters who work in knowledge-based, white-collar professions. For example, Silicon Valley has large numbers of people who telecommute. Other at-home workers may be self-employed people who operate small businesses out of their homes.

Compared to the rest of the country, citizens of Lake Village spend much less time in their cars: on average, their commute to work is only 19.02 minutes. This also means that noise and pollution levels in the city are less than they would otherwise be.

Being a small city, Lake Village does not have a public transit system used by locals to get to and from work.

The education level of Lake Village citizens, measured as those with bachelor's degrees or advanced degrees, is similar to the national average for all American cities and towns. 20.39% of adults 25 and older in Lake Village have a college degree.

The per capita income in Lake Village in 2022 was $24,883, which is middle income relative to Arkansas, and low income relative to the rest of the US. This equates to an annual income of $99,532 for a family of four. However, Lake Village contains both very wealthy and poor people as well.

Lake Village is an extremely ethnically-diverse city. The people who call Lake Village home describe themselves as belonging to a variety of racial and ethnic groups. The greatest number of Lake Village residents report their race to be Black or African-American, followed by White. Lake Village also has a sizeable Hispanic population (people of Hispanic origin can be of any race). People of Hispanic or Latino origin account for 14.79% of the city’s residents. Important ancestries of people in Lake Village include Irish, English, Italian, German, and Scottish.

The most common language spoken in Lake Village is English. Other important languages spoken here include Spanish and Italian.