Lake Arbor, MD
Population 14,932 · Maryland
About Lake Arbor, MD
Lake Arbor is a mid-sized city in Maryland with a population of 14,932 residents. The median household income is $128,616 per year, which is above the national average. The median age in Lake Arbor is 43.7 years.
Housing in Lake Arbor has a median home value of $457,800 and median monthly rent of $2,293. Of the 6,815 total housing units, the majority are owner-occupied, with 4,194 owner-occupied and 2,283 renter-occupied units.
The unemployment rate in Lake Arbor is 4.8% and the poverty rate is 4.8%. 57.8% of residents hold a bachelor's degree or higher. The average commute time is 39.3 minutes.
Cost of Living in Lake Arbor, MD
Compared to national averages, Lake Arbor has a median household income of $128,616 (71% above the national median of $75,149). Home values average $457,800, which is 87% above the national median. Monthly rent at $2,293 is 97% above the US average of $1,163. Within Maryland, Lake Arbor's income is 19% above the state average of $107,956, and home values are 14% above the state median of $402,447.
Why Live in Lake Arbor, MD?
Lake Arbor offers a strong local economy with a median household income of $128,616, well above the national average, and a well-educated community where 57.8% of residents hold a bachelor’s degree or higher, and a low poverty rate of 4.8%, better than the national average.
Potential considerations include a competitive housing market where the typical home costs $457,800. However, Lake Arbor’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Lake Arbor has a population of 14,932 with a median age of 43.7 years. Compare Lake Arbor with other cities to see how it stacks up, or explore all cities in Maryland.
Similar Cities Near Lake Arbor
Cities in Maryland with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Glenn Dale | 14,896 | $139,625 | $531,000 | Compare |
| Havre de Grace | 14,857 | $106,798 | $348,800 | Compare |
| Bensville | 14,792 | $161,568 | $475,800 | Compare |
| Rossville | 15,088 | $91,469 | $296,600 | Compare |
| Kemp Mill | 14,437 | $160,750 | $567,300 | Compare |
| Mays Chapel | 15,616 | $118,462 | $447,300 | Compare |
| Summerfield | 15,635 | $92,042 | $339,800 | Compare |
| Hillcrest Heights | 15,670 | $77,696 | $340,500 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in Maryland
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
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Frequently Asked Questions about Lake Arbor
What is the population of Lake Arbor, MD?
The population of Lake Arbor, MD is 14,932 according to the latest Census data.
What is the median household income in Lake Arbor?
The median household income in Lake Arbor, MD is $128,616 per year.
What is the median home value in Lake Arbor?
The median home value in Lake Arbor, MD is $457,800.
What is the average rent in Lake Arbor?
The median monthly rent in Lake Arbor, MD is $2,293.
What is the unemployment rate in Lake Arbor?
The unemployment rate in Lake Arbor, MD is 4.8%.