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The total population of Lake Providence is estimated to be 3,542 with 1,497 males (42.26%) and 2,045 females (57.74%). There are 548 more females than males in Lake Providence.
The median household income in Lake Providence was $24,068 in 2021, which marked an an increase of 2,605(12.14%) from $21,463 in 2020. This income is 32.26% of the U.S. median household income of $74,606 (all incomes in 2022 inflation-adjusted dollars).
Per the latest American Community Survey by the Census Bureau, Lake Providence sees its highest median household income among householders in the age group of 45 to 64 years old, at $58,138. Overall, the median household income for the town of Lake Providence stands at $24,068.
In Lake Providence, the median income for all workers aged 15 years and older, regardless of work hours, was $27,225 for males and $13,792 for females. However, when specifically considering full-time, year-round workers within the same age group, the median income was $30,368 for males and $29,288 for females.
In Lake Providence, there are just two different racial groups among households. Among these, White households report a median household income of $58,690, while Black or African American households have a median household income of $20,390.
In 2022, the population of Lake Providence was 3,296, a 4.55% decrease year-by-year from 2021. Previously, in 2021, Lake Providence's population was 3,453, a decline of 2.73% compared to a population of 3,550 in 2020.
The median age in Lake Providence, LA is 30.2, as per 2021 ACS 5-Year Estimates. Of the total population, 32.76% were under the age of 15, 17.00% aged 15 to 29, 31.72% aged 30 to 64, 16.06% aged 65 to 84, and 2.46% were 85 years of age and older.
Racial distribution of Lake Providence population: 17.15% are White, 82.06% are Black or African American and 0.79% are multiracial.