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Population & People
Population
14,901
Median age
44.6
Median household income
$121,211
Poverty rate
4.5%
Unemployment rate
5.0%
Bachelor's degree+
55.9%
Avg. commute
30 min
Hispanic or Latino
4.7%
Source: U.S. Census Bureau, American Community Survey.
Housing & Rent
Median home value
$460,600
Median gross rent
$2,431/mo
Homeownership rate
62.95%
HUD FMR — 2 bedroom
$1,657
HUD Fair Market Rent (Maryland statewide average across 24 areas — not specific to Lake Arbor), 2026. Efficiency $1314, 1BR $1404, 2BR $1657, 3BR $2133, 4BR $2449. This is a different official figure from Census median gross rent above.
Energy
Maryland commercial electricity
14.74¢/kWh
Maryland industrial electricity
12.5¢/kWh
Maryland residential electricity
19.48¢/kWh
Economy
Gross Domestic Product: All Industry Total
568139.7
Real Gross Domestic Product: All Industry Total
436172
All-Transactions House Price Index for Maryland
722.18
Unemployment Rate
4.2%
Source: FRED, Maryland-specific series.