The labor pool participation rate in Lamar is 50.7%, with an unemployment rate of 6%. For those of you when you look at the labor pool, the typical commute time is 21.3 minutes. 7% of Lamar’s community have a masters diploma, and 9.7% have earned a bachelors degree. For all without a college degree, 15.7% have some college, 46.6% have a high school diploma, and only 21.1% have an education less than senior high school. 10.9% are not included in health insurance.
The typical household size in Lamar, AR is 3.39 household members, with 76% being the owner of their particular domiciles. The mean home valuation is $97267. For those paying rent, they pay out an average of $515 per month. 46.3% of households have dual incomes, and the average domestic income of $31625. Average income is $17298. 28.7% of residents exist at or below the poverty line, and 22.2% are disabled. 7.9% of residents of the town are ex-members regarding the military.
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