Lake Hamilton Arkansas Area Home Supply Charts

This page looks at a variety of housing data taken from the most recent 2019 American Community Survey census data. Figure 1 shows the total number of housing units for each city in the local area shown. Lake Hamilton shows it has 1,645 housing units which is the 6th ranked in housing units out of 10 total in the area .

Figure 2 illustrates the housing density in the area as measured by houses per square land mile and it has 844.0 housing density which is more than all other places in the area . Comparing housing density to the United States average of 38.6, Lake Hamilton is considerably bigger. Also, measured against the state of Arkansas, housing density of 26.1, Lake Hamilton is substantially bigger.

The next Figure 4 charge shows the change in housing units and shows Lake Hamilton shows it has 0.5% change in the housing units which is the 5th ranked in change in the housing units out of 10 total in the area . The place with the highest change in the housing units in the area is Rockwell with a housing units of 17.0% is very much bigger. Comparing change in the housing units to the United States average of 4.9%, Lake Hamilton is approximately a tenth the size. Also, measured against the state of Arkansas, change in the housing units of 3.5%, Lake Hamilton is approximately a sixth the size.

Figure 5 shows the percentage of renter households to total households. Lake Hamilton shows it has 36.1% Renter Percent which is the 4th ranked in Renter Percent out of 10 total in the area . Figure 6 shows the number of owner housing units and it has 63.9% Owner Percent which is the 4th ranked in Owner Percent out of 10 total in the area .

Lake Hamilton Arkansas Home Cost Charts

Looking at the housing data in Figure 7 we start with home values for the area. Lake Hamilton shows it has $360,300 median home value which is more than all other places in the area . Figure 8 shows the median rental rate in the area. Lake Hamilton shows it has $728 rental rates which is the 4th ranked in rental rates out of 10 total in the area . The place with the highest rental rates in the area is Rockwell with a rate of $888 measures 22.0% larger. Comparing rental rates to the United States average of $1,023, Lake Hamilton is approximately three-fourths the size. Also, versus the state of Arkansas, rental rates of $729, Lake Hamilton is about the same size.

Figure 9 is a frequency distribution that shows home values. Lake Hamilton has the largest proportion of home values worth between $300,000 to $400,000 at 26% of the total and is ranked #1. Second, it has the largest proportion of home values worth between $400,000 to $500,000 at 25% of the total and is ranked #1. Also, it has the largest proportion of home values worth between $750,000 to $1,000,000 at 4% of the total and is ranked #1. In addition, it has the largest proportion of home values worth between $1,000,000 to $1,500,000 at 5% of the total and is ranked #1. Furthermore, it has the largest proportion of home values worth between $1,500,000 to $2,000,000 at 5% of the total and is ranked #1. Next it has the largest proportion of home values worth $2,000,000 or More at 5% of the total and is ranked #1.

Median owner costs are shown in Figure 10 and includes costs associated with mortgage, utilities, insurance, etc. Lake Hamilton shows it has $1,003 median ownership cost which is at the top of all other places in the area . Figure 11 shows the median owner cost as a percent of total household income and it has 19% cost as a percent of household income which is more than all other places in the area . The next chart, Figure 12, shows the median home value as a percent of a median workers earnings and shows that it has 710% median home value as a percent of median worker earnings which is the largest of all places in the area .

Figure 14 depicts the median housing costs for owners with mortgages. Lake Hamilton shows it has $1,894 median housing cost which is the largest of all places in the area . Figure 15 are median housing costs for owners without mortgages and it has $574 median housing cost which is the largest of all places in the area .

Figure 16 shows the distribution in total housing cost for property owners. This cost includes mortgages, lines of credit, utilities, taxes, insurance, etc. Lake Hamilton has the largest proportion of Owner Cost Between $500 and $700 at 29% of the total and is ranked #1. Second, it has the largest proportion of Owner Cost Between $1,500 and $2,000 at 16% of the total and is ranked #1. Also, it has the largest proportion of Owner Cost Between $2,500 and $3,000 at 19% of the total and is ranked #1. In addition, it has the largest proportion of Owner Cost Between $3,500 and $4,000 at 2% of the total and is ranked #1.

Next shown in Figure 17 is housing cost as a percent of household income for owners with mortgages is shown. Lake Hamilton shows it has 37% cost as a percent of household income which is more than all other places in the area . Housing cost as a percent of household income for owners without mortgages is shown in Figure 18. This analysis can be useful for understanding the cost involved in home ownership excluding the cost of a mortgage. Lake Hamilton demonstrates it has 9% cost as a percent of household income which is the 5th ranked in cost as a percent of household income out of 10 total in the area . The place with the highest cost as a percent of household income in the area is Rockwell with a cost of 13% measures 40.0% larger.

Figure 19 looks at the number of households rent as a percent of household income and shows that Lake Hamilton has the largest proportion of rent as a percent of income is less than 10 pct at 6% of the total and is ranked #1. Second, it has the largest proportion of Rent as a percent of income is between 20pct to 30pct at 32% of the total and is ranked #1. Also, it has the largest proportion of Rent as a percent of income is between 40pct to 50pct at 9% of the total and is ranked #1. In addition, it has Rent as a percent of income is over 50pct less than most other places in the area at 23% of the total and is ranked 3d last in the group.

Figure 20 shows housing costs for owners or renters where costs for renters include: rent, utilities (if paid), insurance, etc. Lake Hamilton has the largest proportion of Housing Cost Between $500 and $700 at 22% of the total and is ranked #1. Second, it has the largest proportion of Housing Cost Between $700 and $1,000 at 36% of the total and is ranked #1. Also, it has the largest proportion of Housing Cost Between $1,500 and $2,000 at 10% of the total and is ranked #1. In addition, it has the largest proportion of Housing Cost Between $2,500 and $3,000 at 12% of the total and is ranked #1.

Figure 21 shows real estate taxes paid for each city in the local area and it has $1,888 median real estate taxes paid which is the largest of all places in the area . Comparing median real estate taxes paid to the United States average of $2,375, Lake Hamilton is approximately three-fourths the size. Also, in comparison with the state of Arkansas, median real estate taxes paid of $776, Lake Hamilton is approximately 2.4 times bigger.

Figure 23 shows the distribution of rental rates for area. Lake Hamilton Arkansas has the largest proportion of rent between 500 and 750 dollars at 72% of the total and is ranked #1.

Lake Hamilton Arkansas Home Financing Charts

The analysis in Figure 25 shows the detailed distribution of owned homes by mortgage status. Lake Hamilton has the largest proportion of With Mortgage at 60% of the total and is ranked #1. Second, it has the largest proportion of No 2nd Mortgage and no HELOC at 60% of the total and is ranked #1.

Figure 26 shows the proportion of houses with a mortgage versus those without a mortgage. Lake Hamilton has the largest proportion of Houses with a Mortgage at 60% of the total and is ranked #1.

Lake Hamilton Arkansas Home Characteristics Charts

Figure 28 shows the household size for families living in the area and it has 2.7 family members per housing unit which is the 4th smallest family members per housing unit of all the other places in the area . The place with the highest family members per housing unit in the area is Hot Springs with a size of 3.3 is 18.8% larger. Comparing family members per housing unit to the United States average of 3.3, Lake Hamilton is about 21.1% smaller. Also, measured against the state of Arkansas, family members per housing unit of 3.2, Lake Hamilton is about 15.6% smaller.

Figure 29 show the median number of rooms in a typical home for each city in the area. Lake Hamilton shows it has 5.3 average number of rooms in a house which is the 4th ranked in average number of rooms in a house out of 10 total in the area . The place with the highest average number of rooms in a house in the area is Lake Hamilton township with an average number of rooms in a house of 5.7 is 7.5% larger. Figure 30 shows, for the average house in each city, the median year that a house was built. This can be useful for understanding the relative age of one neighborhood versus another. Lake Hamilton shows it has 1991 year built which is the 2nd most of all the places in the area . The place with the highest year built in the area is De Roche township with a year of 1992 is about the same size.

Figure 31 looks at the distribution housing units by date built in this area. Lake Hamilton Arkansas has the largest proportion of homes built between 2000 to 2009 at 33% of the total and is ranked #1. Second, it has the largest proportion of homes built between 1980 to 1989 at 25% of the total and is ranked #1.

Figure 33 shows the difference in the number of housing units based on whether they are occupied by owners or renters. Lake Hamilton has the largest proportion of 2 Units at 7% of the total and is ranked #1. Second, it has the largest proportion of 3 or 4 Units at 9% of the total and is ranked #1. Also, it has the largest proportion of 5 to 9 Units at 14% of the total and is ranked #1.

Figure 34 shows the median value of homes broken down by the year that they were built. Lake Hamilton has the largest proportion of value of homes built 2000 to 2009 at $357,900 of the total and is ranked #1. Second, it has the largest proportion of value of homes built 1980 to 1989 at $400,000 of the total and is ranked #1. Also, it has the largest proportion of value of homes built 1960 to 1969 at $407,500 of the total and is ranked #1.

Figure 35 compares the total number of occupied to vacant housing units. Lake Hamilton has the largest proportion of Vacant Housing Units at 46% of the total and is ranked #1.

The next two charts show both the household size of homeowners and renters. Starting with Figure 36 we see the household size of homeowners. Lake Hamilton shows it has 2.5 homeowner household size which is the 4th ranked in homeowner household size out of 10 total in the area . The place with the highest homeowner household size in the area is Rockwell with a size of 2.6 is 6.5% larger.

Figure 37 shows the household size for renters Lake Hamilton shows it has 2.3 renter household size which is the 3d most of all other places in the area . The place with the highest renter household size in the area is Rockwell with a size of 2.6 is 16.2% larger.

Figure 38 shows the year that people who own homes moved into the area. Lake Hamilton has the largest proportion of Owners Moved in 2000 to 2009 at 49% of the total and is ranked #1. Figure 39 shows the year that people who own homes moved into the area. Lake Hamilton has the largest proportion of Renters Moved in 2017 or later at 42% of the total and is ranked #1. Second, it has the largest proportion of Renters Moved in 2010 to 2014 at 58% of the total and is ranked #1.

Figure 40 compares the median year that a home owner moved into their home. Lake Hamilton indicates it has 2005 median year that a home owner moved in which is the 2nd most of all the places in the area . Figure 41 compares the median year that a renter moved into their home. Lake Hamilton shows it has 2014 median year that a renter moved in which is the 2nd most of all the places in the area .