In 2023, Lake Arbor, MD had a population of 14.9k people with a median age of 43.7 and a median household income of $128,616. Between 2022 and 2023 the population of Lake Arbor, MD grew from 14,901 to 14,932, a 0.208% increase and its median household income grew from $118,518 to $128,616, a 8.52% increase.
The 5 largest ethnic groups in Lake Arbor, MD are Black or African American (Non-Hispanic) (83.5%), White (Non-Hispanic) (6.68%), Black or African American (Hispanic) (3.51%), Two+ (Non-Hispanic) (1.77%), and Asian (Non-Hispanic) (1.32%).
None of the households in Lake Arbor, MD reported speaking a non-English language at home as their primary shared language. This does not consider the potential multi-lingual nature of households, but only the primary self-reported language spoken by all members of the household.
95.2% of the residents in Lake Arbor, MD are U.S. citizens.
The largest universities in Lake Arbor, MD are University of Maryland Global Campus (15,061 degrees awarded in 2022).
In 2023, the median property value in Lake Arbor, MD was $457,800, and the homeownership rate was 64.8%.
Most people in Lake Arbor, MD drove alone to work, and the average commute time was 39.3 minutes. The average car ownership in Lake Arbor, MD was 3 cars per household.
