Lake Shore, Maryland

Moving to or Living in Lake Shore Pros and Cons, Cost of Living, Crime Rate, Demographics

Living In Lake Shore, Maryland
Moving to Lake Shore In Maryland ? Find out the best and worst about to live, raise a family or retire in Lake Shore, the Pros and Cons of Living in Lake Shore.

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.

  1. Overview - Life In Lake Shore
  2. Pros and Cons of Living In Lake Shore
  3. Crime In Lake Shore
  4. Cost of Living In Lake Shore
  5. Gender In Lake Shore
  6. Household Income For Lake Shore
  7. Education In Lake Shore
  8. Race & Ethnicity In Lake Shore
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.
Population
18523
Unemployment
3.9%
17% NAT AVG.
Poverty
4.8%
66% NAT AVG.
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
Gender
Gender Lake Shore Maryland Country
Female 50.5% 51.5% 50.8%
Male 49.5% 48.5% 49.2%
Gender

Household Income


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


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
Education
Race / Ethnicity


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