Paragould vs Lake City

Which is the better fit for you?

Paragould, AR
50
Area Score
Bottom 20% nationally
Lake City, FL
51
Area Score
Bottom 25% nationally

Want a third or fourth place beside these? Open them in the shortlist and add more.

Lake City receives the higher standardized Area Score. That reflects AreaProfile's weighting, not a judgment about which place is better to live in.

If you are moving

What the difference in prices, rent, homes and weather comes to, using the published figures for the two places. Add your income to see what it would take to keep pace.

Moving from Paragould to Lake City

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Everyday prices
The Bureau of Economic Analysis publishes no regional price index for Paragould or Lake City, so nothing here is estimated in its place.
Income to keep the same purchasing power
Needs a price index for both places.
A new two-bedroom lease
+$413 a month
HUD benchmarks it at $1,318 in Lake City against $905 in Paragould.
The median home
2% more
$184,900 in Lake City against $181,500 in Paragould.
The weather you would swap
Winters 10°F milder
Normal January lows are 41°F in Lake City against 31°F in Paragould; July highs are 90°F against 91°F (summers 1°F cooler).

These are differences between published figures, not a forecast of your budget. Income and sales taxes, commuting, schools, insurance and the job you would actually get are not in them, and a price index describes a metropolitan area, so two places in one metro read the same. HUD’s rent is a benchmark for a new lease, not a listing.

Signals

Paragould
Lake City
Opportunity: Paragould is the more favorable of the two.
Opportunity
27 · Bottom 4%
vs
26 · Bottom 4%
Growth: Paragould is the more favorable of the two.
Growth
59 · Top 30%
vs
39 · Bottom 28%
Climate: Lake City is the more favorable of the two.
Climate
70 · Top 49%
vs
90 · Top 4%
Physical resilience: Paragould is the more favorable of the two.
Physical resilience
31 · Bottom 24%
vs
30 · Bottom 24%
Housing affordability: Lake City is the more favorable of the two.
Housing affordability
72 · Top 33%
vs
73 · Top 31%
Schools: Lake City is the more favorable of the two.
Schools
53 · Top 45%
vs
61 · Top 35%
Access: Lake City is the more favorable of the two.
Access
84 · Bottom 27%
vs
98 · Top 21%
Economic stability: Paragould is the more favorable of the two.
Economic stability
36 · Bottom 16%
vs
35 · Bottom 15%

Measured values

MetricParagouldLake CitySource period
Population30,21512,5152024 ACS 5-Year
Median household income — the two are too close to separate$56,980 ±$3,639$56,472 ±$5,4042024 ACS 5-Year
Per capita income — the two are too close to separate$28,136 ±$1,297$29,767 ±$5,2472024 ACS 5-Year
Population density951/sq mi875/sq mi2024 ACS 5-Year
Median home value$181,500$184,9002024 ACS 5-Year
Median gross rent$925 — more favorable$1,0402024 ACS 5-Year
Market rent, two bedroom$905 — more favorable$1,318FY2026
Homeownership rate56.6%39.9%2024 ACS 5-Year
Unemployment rate4.7% — more favorable5.9%July 2026
Employment change (year over year)−2.8%−1.4% — more favorableJuly 2026
Bachelor's degree or higher16.1%23.7% — more favorable2024 ACS 5-Year
Poverty rate — the two are too close to separate16.5% ±3%20.2% ±6%2024 ACS 5-Year
Housing units permitted (12 months)1552612 months ending July 2026
Permits per 1,000 residents5.1 — more favorable2.112 months ending July 2026
Permit change (year over year)+9.9%−29.7%12 months ending July 2026
Average July high91°F90°F1991-2020 Normals
Average January low31°F41°F1991-2020 Normals
Annual precipitation48.5"54.0"1991-2020 Normals
Distance to major airport32 mi4 mi — more favorableNASR current cycle
Average commute — the two are too close to separate21.5 min ±1.6 min24.9 min ±3.0 min2024 ACS 5-Year
Median age36.236.92024 ACS 5-Year
Public schools13132024-25 school year
Students per teacher14.1 — more favorable18.32024-25 school year
Math proficiency46.3%63.9%2018-19 school year
Reading proficiency43.8%60.2%2018-19 school year
Free or reduced-price lunch eligibility73.7%54.6%2024-25 school year

A bolded value is the more favorable of the two where the metric has a clear direction. Metrics like population and density have no inherent better or worse and are shown unweighted.

4 rows above show both figures with a ± margin and neither in bold. Those come from the American Community Survey, which samples rather than counts, and the gap between the two is smaller than the uncertainty on the figures themselves — so the survey did not find a difference to report, and calling either one the winner would be reading a result out of noise.

The number of units permitted is not marked because the larger place always permits more; the per-resident rate is the fair comparison. The year-over-year change is not marked either: a percentage on fewer than 300 units swings on a handful of permits.

Arkansas and Florida do not give the same test. Each state writes its own assessment and sets its own passing score, so the two proficiency rows above are not directly comparable — the difference between them partly measures which standard is harder. Students per teacher and the school count are unaffected, and each profile ranks its own proficiency within its own state.

Physical risk tradeoff

Paragould

Elevated or high exposure: ice storm, drought, tornado.

Lake City

Elevated or high exposure: hurricane.

Your best match

Weight what matters to you. Your preferences stay in this browser and never change either Area Score.

Paragould
—
Paragould: Your Score
50
Area Score
Lake City
—
Lake City: Your Score
51
Area Score

Select your priorities to see which of the two fits them better.

Full profiles: Paragould, AR · Lake City, FL · How this is calculated: methodology