Cost of Living in Lake Arbor, MD
Population 14,932 · Maryland · Data vintage 2023
(100 = US avg)
Lake Arbor is a smaller Maryland community of around 15000 residents, where median household incomes of $128,616 and housing costs ($458,000 for a typical home) give the local cost-of-living profile a distinctly small-town shape.
Geographically, Lake Arbor sits roughly 10 miles east of Washington. Median home values run roughly 37% lower than Washington's $725,000.
Cost Overview
Scale: 100 = US national average. Green < 90, Red > 110.
About the Cost of Living in Lake Arbor
The median home value in Lake Arbor is $457,800 — 50% above the national median of $305,000. Median rent runs $2,293/month, 75% higher than the national median of $1,314/month. The median household income of $128,616/year is 72% higher than the US median of $74,580. The local unemployment rate is 4.8%, above the national average of 4.8%. Maryland's top state income tax rate is 5.8% and the combined sales tax is 6.0%. Overall, Lake Arbor has a cost of living index of 160 versus the US average of 100, meaning it is 60% more expensive.
🏠 Housing
HUD Fair Market Rents by Bedroom
💰 Estimated Monthly Budget
Estimates based on median data and national averages. Actual costs vary.
🛒 Food & Groceries
National BLS average prices (2023). Local prices may vary.
🚗 Transportation
Commute Mode
⚡ Utilities
📋 Taxes
💼 Income & Employment
🎓 Education
👥 Demographics
💨 Air Quality
EPA AQS 2023 — county-level monitoring data
Frequently Asked Questions
What is the cost of living in Lake Arbor, MD?
Lake Arbor has a cost index of 160 (100 = national average). It is 60% above the national average.
What is average rent in Lake Arbor, MD?
The median gross rent in Lake Arbor is $2,293 per month based on 2023 Census data.
What is the average home price in Lake Arbor?
The median home value in Lake Arbor is $457,800 according to Zillow and Census data.
What is the median income in Lake Arbor?
The median household income in Lake Arbor is $128,616 per year (2023 ACS 5-year estimates).
What is the sales tax in Lake Arbor, MD?
The combined state and local sales tax rate in Lake Arbor is 6.0%. The Maryland state income tax top rate is 5.8%.
Is Lake Arbor, MD affordable?
Lake Arbor is above average in cost of living, with an index of 160 — about 60% higher than the national average.
Lake Arbor at a Glance
- Population
- 14,932
- Median Income
- $128,616
- Home Value
- $457,800
- Median Rent
- $2,293/mo
- Unemployment
- 4.8%
- Sales Tax
- 6.0%
Nearby Cities
Explore county-level cost of living data
Maryland Rankings
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