Lake Arbor is located close to the center of Maryland. Lake Arbor has 3.01 square miles of land area and 0.06 square miles of water area. As of 2010-2014, the total Lake Arbor population is 11,052, which has grown 29.52% since 2000. The population growth rate is much higher than the state average rate of 11.16% and is much higher than the national average rate of 11.61%. Lake Arbor median household income is $94,898 in 2010-2014 and has grown by 27.21% since 2000. The income growth rate is lower than the state average rate of 40.25% and is about the same as the national average rate of 27.36%. Lake Arbor median house value is $285,400 in 2010-2014 and has grown by 65.55% since 2000. The house value growth rate is lower than the state average rate of 96.92% and is higher than the national average rate of 46.91%. As a reference, the national Consumer Price Index (CPI) inflation rate for the same period is 26.63%. On average, the public school district that covers Lake Arbor is worse than the state average in quality.
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