The Town of Lake Arthur had a population of 482 as of July 1, 2020. Lake Arthur ranks in the upper quartile for Population Density and Diversity Index when compared to the other cities, towns and Census Designated Places (CDPs) in New Mexico. See peer rankings below.
The primary coordinate point for Lake Arthur is located at latitude 32.9982 and longitude -104.3666 in Chaves County. The formal boundaries for the Town of Lake Arthur encompass a land area of 0.55 sq. miles and a water area of 0 sq. miles. Chaves County is in the Mountain time zone (GMT -7). The elevation is 3,379 feet.
The Town of Lake Arthur (GNIS ID: 2412862) has a C1 Census Class Code which indicates an active incorporated place that does not serve as a county subdivision equivalent. It also has a Functional Status Code of "A" which identifies an active government providing primary general-purpose functions.
New Mexico is one of 20 states where Census County Divisions (CCDs) are used for statistical tracking of subdivisions within each county. The Town of Lake Arthur is located within Hagerman Division of Chaves County.
|Total Population||482 (100%)|
|Population in Households||482 (100.0%)|
|Population in Families||413 (85.7%)|
|Population in Group Quarters1||0|
|Median Household Income||$50,956|
|Average Household Income||$63,922|
|% of Income for Mortgage4||7%|
|Per Capita Income||$21,338|
|Total HU (Housing Units)||182 (100%)|
|Owner Occupied HU||125 (68.7%)|
|Renter Occupied HU||39 (21.4%)|
|Vacant Housing Units||19 (10.4%)|
|Median Home Value||$85,714|
|Average Home Value||$112,500|
|Housing Affordability Index3||350|
|Average Household Size||2.96|
|Average Family Size||3|
GROWTH RATE / YEAR
|Median Household Income||0.96%|
|Per Capita Income||1.95%|
|Owner Occupied HU||0.48%|
The table below compares Lake Arthur to the other 443 incorporated cities, towns and CDPs in New Mexico by rank and percentile using July 1, 2020 data. The location Ranked # 1 has the highest value. A location that ranks higher than 75% of its peers would be in the 75th percentile of the peer group.
|Total Population||# 217||51st|
|Population Density||# 52||88th|
|Median Household Income||# 110||75th|
|Housing Affordability Index||# 443||100th|
|Per Capita Income||# 231||48th|
|Diversity Index||# 39||91st|
Additional comparisons and rankings can be made with a VERY EASY TO USE New Mexico Census Data Comparison Tool.