Lake Arrowhead, ME population, income and ZIP codes

Lake Arrowhead CDP is a small town in Maine, with 3,273 residents counted in the Census American Community Survey 2019-2023 ACS 5-year estimates, which places it #44 of 155 ranked by population — larger than 72% of them. The median age here is 31 years against 39.1 nationally, a distinctly younger profile, typical of places with students, military posts or a fast-growing family population. At this population the ACS sample is small, so the margin of error around every dollar figure below is wide — treat the numbers as a band, not a point, and expect them to move between annual releases without the place itself changing.

Households in Lake Arrowhead CDP earn a median of $84,221 a year, 7.2% above the national figure of $78,538 and 43% above the $58,992 median for the 106 Maine cities we cover. Median household income counts every pre-tax dollar arriving at an address — wages, self-employment, Social Security, pensions, interest and public assistance — for everyone living there, so multi-earner households pull the figure up even where individual pay is modest. Poverty reaches 14.3% of residents here, above the 12.4% national rate.

The typical owner-occupied home in Lake Arrowhead CDP is valued at $226,400, 25.4% below the national figure and within a couple of points of the $221,600 peer median, while median gross rent runs $2,120 a month, 50.8% above the national figure, or roughly $25,440 across a full year. A household on the local median income would put about 30.2% of gross pay toward that rent against the federal 30% cost-burden threshold, so renting here is a stretch on median earnings. The home-price-to-income ratio works out to 2.7×, against roughly 3.9× nationally, so buying is easier here than in the average US market. 95.1% of occupied homes are owner-occupied versus 65% nationally, an owner-dominated market where rental listings are scarce and rent medians rest on a thin sample. Gross rent folds in the utilities a tenant pays separately, so it is closer to the real monthly outlay than a headline rent figure.

Lake Arrowhead CDP is the unusual combination of expensive to rent and cheap to buy: rent takes 30.2% of median income while homes cost only 2.7× it. Where that pattern shows up, the gap is normally down to down-payment and credit barriers rather than price. Median income runs above the national figure while poverty also runs above it — a split distribution, not a uniformly comfortable place. Averages hide that; the two numbers together do not.

No figure on this page is estimated by us; each one comes straight from the published ACS tables for this area. Small-area estimates still carry wider margins of error than state or national figures, so check the linked ACS tables before relying on them for lending, appraisal or legal work.