Lake Arrowhead, ME

Lake Arrowhead, ME

At a Glance

How Lake Arrowhead Compares to the U.S. Average

Each bar shows Lake Arrowhead's value as a percentage of the national average (100% = U.S. avg)

Is Lake Arrowhead a Good Place to Live?

Economy & Jobs

Lake Arrowhead residents earn a median household income of $84,221 , which is 12% above the national average of $75,149. Per capita income is $28,302. The unemployment rate stands at 1.8% (50% below the U.S. rate of 3.6%). 9.3% of residents live below the poverty line. The area is home to 8,870 business establishments, including 801 restaurants.

Housing & Cost of Living

The median home value in Lake Arrowhead is $226,400 , 20% below the national median of $281,900. Zillow estimates the typical home at $377,301. Median rent is $2,120/month, with 18.8% of renters spending more than 30% of income on housing. The cost of living index is 97.1 (100 = national average). The median home was built in 1995.

Education

20.6% of adults in Lake Arrowhead hold a bachelor's degree or higher (39% below the national average). 96.0% have completed high school. Local schools score 6.1/10 in standardized testing.

Climate & Weather

Lake Arrowhead has an average annual temperature of 44°F (7°C). Winters average 19°F in January while summers reach 68°F in July. Annual precipitation totals 52.1 inches. Air quality is rated Good with a median AQI of 34.

Data Overview

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