Median Income
$118,518
household / year
Median Home Value
$417,000
owner-occupied
Median Rent
$2,263
gross / month
Cost of Living
109
national avg = 100

Is Lake Arbor, MD a Good Place to Live?

Lake Arbor is a small city of 14,901 in Maryland, with a median household income of $118,518 and a 5.1% unemployment rate. Its cost of living index is 109 (US average = 100), which is 9% above the national average.

Strengths: Lake Arbor stands out for a well-educated population.

Trade-offs: Potential downsides include high home prices, longer commutes, an elevated unemployment rate. Whether Lake Arbor is right for you depends on your priorities — the full breakdown is below.

All Lake Arbor city data on this page comes from official government sources — the US Census Bureau, FBI, NCES, BEA, and NOAA — updated annually.

Cost of Living

Index: 108.6

Lake Arbor's overall cost of living index is 108.6, where 100 represents the US national average. Living in Lake Arbor costs roughly 9% more than the average American city.

Metric Lake Arbor, MD National Avg
Median Home Value $417,000 $244,900
Median Monthly Rent $2,263 $1,163
Homeownership Rate 63.0% 65.9%
Median Household Income $118,518 $74,755

Crime & Safety

Crime data for Lake Arbor is not currently available from the FBI's Uniform Crime Reporting program. Not all local agencies report to the UCR each year.

Schools & Education

Metric Lake Arbor, MD National Avg
School District N/A
Elementary Schools N/A
Middle Schools N/A
High Schools N/A
Student/Teacher Ratio N/A 16:1
Bachelor's Degree or Higher 55.7% 35.4%
High School Diploma or Higher 95.8% 91.1%

Weather & Climate

Lake Arbor sees average highs of 43.9°F in January and 88.5°F in July, with 45.0 inches of annual precipitation and 15.9 inches of snow per year.

MetricLake Arbor, MD
Average High — January43.9°F
Average High — July88.5°F
Annual Precipitation45.0"
Annual Snowfall15.9"

Demographics

MetricLake Arbor, MDNational Avg
Population14,901
Median Age43.738.9
Unemployment Rate5.1%3.7%
Avg Commute Time37.1 min26 min
White (non-Hispanic)7.6%59.3%
Black or African American87.6%13.6%
Hispanic or Latino1.8%18.9%
Asian0.9%6.3%
Under 1819.0%22.2%
65 and over17.5%16.8%

Nearby Cities

Lake Arbor vs Other Cities

Frequently Asked Questions

Lake Arbor's cost of living index is 109, where 100 is the national average. That puts Lake Arbor roughly 9% above the national average in cost. The median home price is $417,000 and median rent is $2,263/month.
Crime data for Lake Arbor is not available in the current FBI UCR reporting year. Not all jurisdictions submit data annually.
School district information is sourced from NCES Common Core of Data.
Lake Arbor, MD has a population of 14,901, a median household income of $118,518, and an unemployment rate of 5.1%. Whether it's right for you depends on your priorities — use the compare tool above to stack it against another city you're considering.
Lake Arbor averages 43.9°F in January and 88.5°F in July. Annual rainfall is 45.0 inches with about 15.9 inches of snow per year. Based on NOAA 30-year climate normals (1991–2020).
The population of Lake Arbor, Maryland is 14,901 with a median age of 43.7. Source: US Census ACS 5-Year Estimates.
Key numbers for living in Lake Arbor: cost of living index 109 (100 = US average), median home $417,000, median household income $118,518. Whether these are benefits or drawbacks depends on where you're coming from — compare Lake Arbor side by side with your current city to see the trade-offs.