Lake City, AR

Lake City is a small town located in the Ouachita Mountains of Northwest Arkansas. The population was just over 2,000 in the 2010 census, and it has been growing at a steady rate since then. The town is situated at the base of Mount Magazine, and it is surrounded by beautiful mountain scenery.

The economy of Lake City is based largely on tourism and real estate. The town has many natural attractions that make it a popular tourist destination, including hiking trails, fishing spots, and scenic drives. There are also several businesses that cater to tourists, such as restaurants and bed-and-breakfasts.

The real estate market in Lake City is very active. There are many homes for sale in the town, and most of them are occupied by families who love the area for its natural beauty and friendly atmosphere. The median price for a home in Lake City was $129,900 in 2016 according to Zillow data. This means that there is plenty of opportunity to find a home that meets your needs at an affordable price.