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The typical family unit size in Lake Shore, MD is 3.25 residential members, with 89.9% owning their very own dwellings. The mean home appraisal is $382461. For those paying rent, they spend an average of $1737 per month. 68% of homes have dual sources of income, and an average domestic income of $108904. Average income is $46810. 3.7% of residents are living at or beneath the poverty line, and 9.7% are handicapped. 10.8% of residents of the town are former members of this military.
The labor pool participation rate in Lake Shore is 72.8%, with an unemployment rate of 3.6%. For all those when you look at the labor force, the typical commute time is 34.5 minutes. 12.3% of Lake Shore’s population have a masters degree, and 20.6% have a bachelors degree. For everyone without a college degree, 33.6% attended at least some college, 27.7% have a high school diploma, and just 5.7% have an education less than twelfth grade. 3.6% are not covered by medical health insurance.