The Lake Village, AR employment information can be a key indicator when searching for a new job. A good indicator of the strength of the job market is the income per capita and the median household income. The income per capita in Lake Village is $18,499, which is 21% lower than than the Arkansas average and 38% lower than than the national average. The median household income is $33,462, which is 21% lower than than the Arkansas average and 40% lower than than the national average. The unemployment rate in Lake Village is 6%, which is 30% higher than than the national average. The poverty rate in Lake Village is 30% which is 97% higher than than the national average.