Life in Lake Arbor research summary. HomeSnacks has been using Saturday Night Science to research the quality of life in Lake Arbor over the past nine years using Census, FBI, Zillow, and other primary data sources. Based on the most recently available data, we found the following about life in Lake Arbor:
The population in Lake Arbor is 14,901.
The median home value in Lake Arbor is $411,841.
The median income in Lake Arbor is $118,518.
The cost of living in Lake Arbor is 130 which is 1.3x higher than the national average.
The median rent in Lake Arbor is $2,263.
The unemployment rate in Lake Arbor is 5.1%.
The poverty rate in Lake Arbor is 6.1%.
The average high in Lake Arbor is 66.1° and the average low is 45.1°.
Cost of living in Lake Arbor summary. We use data on the cost of living to determine how expensive it is to live in Lake Arbor. Real estate prices drive most of the variance in cost of living around Maryland. Key points include:
The cost of living in Lake Arbor is 130 with 100 being average.
The cost of living in Lake Arbor is 1.3x higher than the national average.
The median home value in Lake Arbor is $411,841.
The median income in Lake Arbor is $118,518.
Living Expense | Lake Arbor | Maryland | National Average | |
---|---|---|---|---|
Overall | 130 | 120 | 100 | |
Services | 117 | 109 | 100 | |
Groceries | 110 | 108 | 100 | |
Health | 100 | 92 | 100 | |
Housing | 166 | 156 | 100 | |
Transportation | 108 | 100 | 100 | |
Utilities | 114 | 108 | 100 |
The average high in Lake Arbor is 66.1° and the average low is 45.1°.
There are 76.3 days of precipitation each year.
Expect an average of 42.6 inches of precipitation each year with 14.0 inches of snow.
Stat | Lake Arbor |
---|---|
Average Annual High | 66.1 |
Average Annual Low | 45.1 |
Annual Precipitation Days | 76.3 |
Average Annual Precipitation | 42.6 |
Average Annual Snowfall | 14.0 |
The current population in Lake Arbor is 14,901. The population has increased 44.5% from 2010.
Year | Population | % Change |
---|---|---|
2022 | 14,901 | 42.5% |
2021 | 10,456 | 0.4% |
2020 | 10,410 | 0.3% |
2019 | 10,380 | -0.3% |
2018 | 10,414 | -5.8% |
2017 | 11,052 | 4.0% |
2016 | 10,625 | -2.7% |
2015 | 10,925 | 5.3% |
2014 | 10,374 | 0.6% |
2013 | 10,309 | - |
7.2% White with 1,075 White residents.
86.0% African American with 12,816 African American residents.
0.1% American Indian with 11 American Indian residents.
0.9% Asian with 127 Asian residents.
0.0% Hawaiian with 0 Hawaiian residents.
0.0% Other with 0 Other residents.
1.8% Two Or More with 264 Two Or More residents.
4.1% Hispanic with 608 Hispanic residents.
Race | Lake Arbor | MD | USA |
---|---|---|---|
White | 7.2% | 48.5% | 58.9% |
African American | 86.0% | 29.5% | 12.1% |
American Indian | 0.1% | 0.1% | 0.6% |
Asian | 0.9% | 6.4% | 5.7% |
Hawaiian | 0.0% | 0.0% | 0.2% |
Other | 0.0% | 0.5% | 0.4% |
Two Or More | 1.8% | 4.0% | 3.5% |
Hispanic | 4.1% | 10.9% | 18.7% |
Lake Arbor is 53.7% female with 8,001 female residents.
Lake Arbor is 46.3% male with 6,900 male residents.
Gender | Lake Arbor | MD | USA |
---|---|---|---|
Female | 53.7% | 51.3% | 50.4% |
Male | 46.3% | 48.7% | 49.6% |
1.0% of adults in Lake Arbor completed < 9th grade.
3.0% of adults in Lake Arbor completed 9-12th grade.
16.0% of adults in Lake Arbor completed high school / ged.
19.0% of adults in Lake Arbor completed some college.
6.0% of adults in Lake Arbor completed associate's degree.
30.0% of adults in Lake Arbor completed bachelor's degree.
19.0% of adults in Lake Arbor completed master's degree.
3.0% of adults in Lake Arbor completed professional degree.
3.0% of adults in Lake Arbor completed doctorate degree.
Education | Lake Arbor | MD | USA |
---|---|---|---|
< 9th Grade | 1.0% | 4.0% | 4.0% |
9-12th Grade | 3.0% | 5.0% | 6.0% |
High School / GED | 16.0% | 24.0% | 26.0% |
Some College | 19.0% | 18.0% | 20.0% |
Associate's Degree | 6.0% | 7.0% | 9.0% |
Bachelor's Degree | 30.0% | 22.0% | 21.0% |
Master's Degree | 19.0% | 14.0% | 10.0% |
Professional Degree | 3.0% | 3.0% | 2.0% |
Doctorate Degree | 3.0% | 3.0% | 2.0% |
3.5% of households in Lake Arbor earn Less than $10,000.
1.0% of households in Lake Arbor earn $10,000 to $14,999.
2.3% of households in Lake Arbor earn $15,000 to $24,999.
1.7% of households in Lake Arbor earn $25,000 to $34,999.
6.5% of households in Lake Arbor earn $35,000 to $49,999.
8.9% of households in Lake Arbor earn $50,000 to $74,999.
15.1% of households in Lake Arbor earn $75,000 to $99,999.
27.0% of households in Lake Arbor earn $100,000 to $149,999.
17.7% of households in Lake Arbor earn $150,000 to $199,999.
16.4% of households in Lake Arbor earn $200,000 or more.
Income | Lake Arbor | MD | USA |
---|---|---|---|
Less than $10,000 | 3.5% | 4.2% | 4.9% |
$10,000 to $14,999 | 1.0% | 2.6% | 3.8% |
$15,000 to $24,999 | 2.3% | 4.8% | 7.0% |
$25,000 to $34,999 | 1.7% | 5.2% | 7.4% |
$35,000 to $49,999 | 6.5% | 8.1% | 10.7% |
$50,000 to $74,999 | 8.9% | 13.6% | 16.1% |
$75,000 to $99,999 | 15.1% | 12.3% | 12.8% |
$100,000 to $149,999 | 27.0% | 19.3% | 17.1% |
$150,000 to $199,999 | 17.7% | 12.1% | 8.8% |
$200,000 or more | 16.4% | 17.9% | 11.4% |