Lake Arbor is a city in Maryland state in USA with a population of 13720 residents.. The poverty rate of Lake Arbor is 3.6%, which is 74% lower than national average. The typical household in Lake Arbor earns $108750 a year, compared to the national median of $67,500. Nearly 12.5% of households earn less than $50,000 a year compared to 39% national rate.

A high school education is a basic prerequisite for most jobs, and in Lake Arbor, only 96% of adults have a high school diploma, compared to the 87.7% of adults nationwide. The unemployment rate of Lake Arbor remained 2.6%, which is 45% lower than national rate. Higher educational attainment can lead to improved job security and reduce the likelihood of financial insecurity. In Lake Arbor, only 57% of adults have a bachelor's degree and 23% have some college but no degree.

Cost of living in Lake Arbor is 130, which is 30% higher than national average. Median home value in Lake Arbor is $343300 , which is 49% higher than national average. While median income in Lake Arbor remained $108750, which is 61% higher than national average. Not only are incomes low in the town, but it also has a high cost of living, meaning a dollar does not go as far as it might elsewhere.