Last updated: 2024 BLS data · Page refreshed:
Lake Arbor has a population of 14,335 with a median age of 44.6. Here is the racial and ethnic breakdown of the population:
| Demographic | Value |
|---|---|
| Total Population | 14,335 |
| Median Age | 44.6 |
| White | 5.8% |
| Black or African American | 88.3% |
| Asian | 0.9% |
| Hispanic or Latino | 4.7% |
The median household income in Lake Arbor is $121,211, which is 50.4% above the national median of $80,610. The per capita income is $62,686. The poverty rate is 4.5%.
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In Lake Arbor, 95.7% of residents age 25+ have a high school diploma or higher, and 55.9% hold a bachelor's degree or higher (26.8% with a graduate or professional degree).
| Education Level | % of Adults (25+) |
|---|---|
| High School Diploma or Higher | 95.7% |
| Bachelor's Degree or Higher | 55.9% |
| Graduate or Professional Degree | 26.8% |
The median home value in Lake Arbor is $460,600, above the national median of $303,400. The median monthly rent is $2,431. The homeownership rate is 62.9%.
| Housing Metric | Value |
|---|---|
| Median Home Value | $460,600 |
| Median Monthly Rent | $2,431 |
| Homeownership Rate | 62.9% |
| Vacancy Rate | 5.5% |
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