In 2020, Lake Arbor, MD had a population of 13.7k people with a median age of 40.5 and a median household income of $108,750. Between 2019 and 2020 the population of Lake Arbor, MD grew from 9,973 to 13,720, a 37.6% increase and its median household income grew from $94,807 to $108,750, a 14.7% increase.
The 5 largest ethnic groups in Lake Arbor, MD are Black or African American (Non-Hispanic) (88.1%), White (Non-Hispanic) (6.12%), Two+ (Non-Hispanic) (1.84%), Asian (Non-Hispanic) (1.47%), and Two+ (Hispanic) (1.01%).
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.
95.9% of the residents in Lake Arbor, MD are U.S. citizens.
The largest universities in Lake Arbor, MD are University of Maryland Global Campus (15,422 degrees awarded in 2021).
In 2020, the median property value in Lake Arbor, MD was $343,300, and the homeownership rate was 62.7%.
Most people in Lake Arbor, MD drove alone to work, and the average commute time was 38.7 minutes. The average car ownership in Lake Arbor, MD was 2 cars per household.