What percentage of people rent in Lake Shore, MD?
9.1% (±2.9 points) of the occupied homes in Lake Shore, MD are rented (2020–2024 American Community Survey).
That is 621 renting households against 6,197 that own their home.
In Lake Shore, the share of households that rent went from 10.1% in 2015–2019 to 9.1% in 2020–2024 (−1.0 percentage points), not a measurable change.
Figures last updated on .
- Households that rent
- 9.1% (±2.9 points)
- Renting households
- 621 (±194)
- Median renter income
- $74,792 (±$39,398)
Who rents and who owns in Lake Shore
| Lake Shore | Anne Arundel County | Maryland | United States | |
|---|---|---|---|---|
| Renter-occupied share | 9.1% (±2.9 points) | 24.9% (±0.8 points) | 32.4% (±0.3 points) | 34.8% |
| Renting households | 621 (±194) | 55,896 (±1,724) | 765,363 (±6,619) | 45,017,354 |
| Owning households | 6,197 (±537) | 168,852 (±1,914) | 1,597,565 (±8,362) | 84,210,142 |
| Average renter household size | 2.4 (±0.4) | 2.3 (±0.0) | 2.3 (±0.0) | 2.3 |
| Average owner household size | 2.7 (±0.1) | 2.7 (±0.0) | 2.7 (±0.0) | 2.6 |
| Median renter household income | $74,792 (±$39,398) | $83,319 (±$4,539) | $62,703 (±$866) | $52,966 |
| Median owner household income | $139,205 (±$15,409) | $143,751 (±$2,324) | $129,423 (±$883) | $100,009 |
In Lake Shore, the renter share is lower than in Anne Arundel County (24.9%).
It is also lower than in Maryland (32.4%).
It is lower than the national figure (34.8%).
In Anne Arundel County, Lake Shore ranks 25 of 31 places with a published estimate, from highest to lowest renter share.
Statewide, it ranks 311 of 388.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
How renting in Lake Shore has changed since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Households that rent | 10.1% (±2.9 points) | 9.1% (±2.9 points) | −1.0 percentage points | Not a measurable change |
| Median gross rent | $1,737 (±$307) | $1,806 (±$141) | +4.0% | No measurable change after inflation |
| Median household income | $108,904 (±$7,599) | $130,689 (±$11,332) | +20.0% | No measurable change after inflation |
The Census Bureau publishes 2015–2019 dollars in 2019 dollars and 2020–2024 dollars in 2024 dollars.
Prices (the CPI-U, US Bureau of Labor Statistics) rose 22.7% between 2019 and 2024, so a dollar figure’s verdict compares the two after raising the earlier one by that much, using the Census Bureau’s test for a difference.
The two periods do not overlap, as the Census Bureau recommends for 5-year estimates.
Households that rent in places near Lake Shore
| Place | Distance | Households that rent | Compared with this place |
|---|---|---|---|
| Lake Shore | — | 9.1% (±2.9 points) | — |
| Arnold | 3.5 mi | 13.5% (±2.4 points) | Higher |
| Severna Park | 4.1 mi | 9.3% (±2.2 points) | Not measurably different |
| Cape St. Claire | 4.1 mi | 11.7% (±4.2 points) | Not measurably different |
| Herald Harbor | 5.4 mi | 7.5% (±6.2 points) | Not measurably different |
| Riviera Beach | 5.4 mi | 18.1% (±5.4 points) | Higher |
| Pasadena | 5.8 mi | 16.3% (±2.8 points) | Higher |
| Arden on the Severn | 6.0 mi | 20.6% (±12.2 points) | Not measurably different |
| Crownsville | 7.2 mi | 0.0% (±7.1 points) | Lower |
Nearby places with a measurably lower figure: Crownsville, MD (0.0%).
Nearby places with a measurably higher figure: Arnold, MD (13.5%), Riviera Beach, MD (18.1%), Pasadena, MD (16.3%).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Households that rent across Anne Arundel County, place by place
| Rank | Place | Households that rent |
|---|---|---|
| 19 (tie) | Annapolis Neck | 11.7% (±3.9 points) |
| 19 (tie) | Cape St. Claire | 11.7% (±4.2 points) |
| 21 | Shady Side | 11.1% (±5.9 points) |
| 22 | Highland Beach | 10.2% (±17.8 points) |
| 23 | Severna Park | 9.3% (±2.2 points) |
| 24 | Mayo | 9.2% (±4.5 points) |
| 25 | Lake Shore | 9.1% (±2.9 points) |
| 26 | Gambrills | 8.2% (±6.3 points) |
| 27 | Herald Harbor | 7.5% (±6.2 points) |
| 28 | Deale | 6.7% (±4.1 points) |
| 29 | Galesville | 3.5% (±5.8 points) |
| 30 | Riva | 3.1% (±2.6 points) |
| 31 | Crownsville | 0.0% (±7.1 points) |
Showing 13 of 31 places in Anne Arundel County, ranked from highest to lowest.
Lake Shore is a census-designated place: an unincorporated community the Census Bureau draws for statistics, with no municipal government of its own.
Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.
Margins of error are at the 90% confidence level.
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Questions about Lake Shore
How many renters are there in Lake Shore?
Lake Shore has an estimated 621 (±194) renting households, 9.1% of its occupied homes (2020–2024 American Community Survey).
Is renting growing in Lake Shore?
In Lake Shore, the share of households that rent went from 10.1% in 2015–2019 to 9.1% in 2020–2024 (−1.0 percentage points), not a measurable change.
How big are renting households in Lake Shore?
A renting household in Lake Shore has 2.4 people on average, against 2.7 in an owned home.
How much do renters earn in Lake Shore?
The median renting household in Lake Shore, MD has an income of $74,792 (±$39,398) a year, against $139,205 for households that own their home.
Sources
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Lake Shore CDP, Maryland
- Median Household Income by Tenure (B25119), 2020–2024 ACS 5-year estimates — Lake Shore CDP, Maryland
- Selected Housing Characteristics (DP04), 2015–2019 ACS 5-year estimates — Lake Shore CDP, Maryland
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — Lake Shore CDP, Maryland
- Median Household Income (B19013), 2015–2019 ACS 5-year estimates — Lake Shore CDP, Maryland
- Consumer Price Index for All Urban Consumers (CPI-U), US city average, all items, US Bureau of Labor Statistics: annual averages 2019 and 2024
To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) and detailed tables (acs/acs5) for Lake Shore CDP, Maryland (place:44975, in state:24).
Each estimate (E or PE) has a margin of error beside it (M or PM).
The 2015–2019 figures are DP04_0047PE, DP04_0047PM, B25064_001E, B25064_001M, B19013_001E, B19013_001M from the 2019 release.
The API needs a free key.
DP04_0047PE, DP04_0047PM, DP04_0047E, DP04_0047M, DP04_0046E, DP04_0046M, DP04_0049E, DP04_0049M, DP04_0048E, DP04_0048M, B25119_003E, B25119_003M, B25119_002E, B25119_002M
This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.
Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.
Figures last updated on .
Related
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- Median rent in Lake Shore
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- Property taxes in Lake Shore
- Types of homes in Lake Shore
- Bedrooms in Lake Shore
- Age of homes in Lake Shore
- Vacancy rate in Lake Shore
- Heating fuel in Lake Shore
- Commute and cars in Lake Shore
- Population growth in Lake Shore
- How long people stay in Lake Shore
- Crowding and facilities in Lake Shore
- Maryland landlord and tenant rules
- Housing across Anne Arundel County
- Maryland places ranked by share of renters
- Housing data for every place in Maryland