Lake Shore, Maryland
Moving to or Living in Lake Shore Pros and Cons, Cost of Living, Crime Rate, Demographics
Living In Lake Shore, Maryland
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Explore the life in Lake Shore based on crime, public schools, cost of living, real estate, housing, properties, job opportunities, and local amenities data and Statistics.
About Lake Shore, Maryland
Is Lake Shore, Maryland a good place to live?
Lake Shore is a city in Maryland state in USA with a population of 18523 residents..
The poverty rate of Lake Shore is 4.8%, which is 66% lower than national average.
The typical household in Lake Shore earns $111940 a year, compared to the national median of $67,500.
Nearly 18.9% 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 Shore, only 94% of adults have a high school diploma, compared to the 87.7% of adults nationwide. The unemployment rate of Lake Shore remained 3.9%, which is 17% lower than national rate. Higher educational attainment can lead to improved job security and reduce the likelihood of financial insecurity. In Lake Shore, only 32% of adults have a bachelor's degree and 33% have some college but no degree.
Cost of living in Lake Shore is 127, which is 27% higher than national average. Median home value in Lake Shore is $404600 , which is 76% higher than national average. While median income in Lake Shore remained $111940, which is 66% 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.
A high school education is a basic prerequisite for most jobs, and in Lake Shore, only 94% of adults have a high school diploma, compared to the 87.7% of adults nationwide. The unemployment rate of Lake Shore remained 3.9%, which is 17% lower than national rate. Higher educational attainment can lead to improved job security and reduce the likelihood of financial insecurity. In Lake Shore, only 32% of adults have a bachelor's degree and 33% have some college but no degree.
Cost of living in Lake Shore is 127, which is 27% higher than national average. Median home value in Lake Shore is $404600 , which is 76% higher than national average. While median income in Lake Shore remained $111940, which is 66% 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.
Population
18523
Unemployment
3.9%
Poverty
4.8%
Overall Score
6
Median Home
$404600
76%
NAT AVG.
Median Income
$111940
66%
NAT AVG.
Median Rent
$1561
35%
NAT AVG.
Cost Of Living
127
27%
NAT AVG.
People Living BPL
1 in 21
Unemployed People
1 in 26
People Earning < $10,000
1 in 32
People Earning < $50,000
18.9%
People with <= High School
1 in 2.9
People With Any Degree
1 in 2.4
Pros & Cons Overview
Jobs85%
Housing90%
Affordability70%
Safety85%
Amenities85%
Diversity60%
Education85%
Commute30%
Cost of Living
| Expense | Lake Shore | Maryland | National Avg. |
|---|---|---|---|
| Services | 106 | 111 | 100 |
| Groceries | 114 | 114 | 100 |
| Health | 82 | 84 | 100 |
| Housing | 185 | 151 | 100 |
| Transportation | 101 | 109 | 100 |
| Utilities | 106 | 108 | 100 |
Cost of Living
Lake Shore Maryland
Gender
| Gender | Lake Shore | Maryland | Country |
|---|---|---|---|
| Female | 50.5% | 51.5% | 50.8% |
| Male | 49.5% | 48.5% | 49.2% |
Gender
Female Male
Household Income
< $10000 $10K to $15K $15K to $25K $25K to $35K $35K to $50K $50K to $75K $75K to $100K $100K to $150K $150K to $200K $200K or more
| Income | Lake Shore | Maryland | Country |
|---|---|---|---|
| Less than $10,000 | 3.1% | 4.6% | 5.8% |
| $10,000 to $14,999 | 0.7% | 2.6% | 4.1% |
| $15,000 to $24,999 | 5.4% | 5.6% | 8.5% |
| $25,000 to $34,999 | 3% | 6.1% | 8.6% |
| $35,000 to $49,999 | 6.7% | 9.3% | 12.0% |
| $50,000 to $74,999 | 14.8% | 15.2% | 17.2% |
| $75,000 to $99,999 | 10.4% | 13% | 12.8% |
| $100,000 to $149,999 | 23.8% | 19.3% | 15.6% |
| $150,000 to $199,999 | 14.9% | 10.8% | 7.1% |
| $200,000 or more | 17.2% | 13.4% | 8.3% |
Education
< 9th Grade 9-12th Grade High School or GED Other College Associate Degree Bachelor Degree Masters Degree Professional Degree Doctorate Degree
| Education | Lake Shore | Maryland | Country |
|---|---|---|---|
| < 9th Grade | 2% | 3% | 5.0% |
| 9-12th Grade | 4% | 6% | 7.0% |
| High School or GED | 29% | 24% | 27.0% |
| Other College | 24% | 19% | 20.0% |
| Associate's Degree | 9% | 7% | 9% |
| Bachelor's Degree | 19% | 22% | 20.0% |
| Master's Degree | 11% | 13% | 9.0% |
| Professional Degree | 1% | 3% | 2.0% |
| Doctorate Degree | 1% | 3% | 1.0% |
Household Income
Lake Shore Maryland Country
Education
Lake Shore Maryland Country
Race / Ethnicity
White African American American Indian Asian Hispanic Hawaiian Mixed Other
| Ethnicity | Lake Shore | Maryland | Country |
|---|---|---|---|
| White | 86.9% | 50.2% | 60.1% |
| African American | 3% | 29.4% | 12.2% |
| American Indian | 0.6% | 0.2% | 0.6% |
| Asian | 1.9% | 6.3% | 5.6% |
| Hawaiian | 0% | 0% | 0.2% |
| Other | 0% | 0.4% | 0.3% |
| Multiracial | 3% | 3.3% | 2.8% |
| Hispanic | 4.7% | 10.3% | 18.2% |
Race / Ethnicity
Lake Shore Maryland Country