Lake of the Woods, VA
Demographics And Statistics

Demographics | Cost Of Living
Updated: 2023-11-16

Living In Lake of the Woods, Virginia Summary

Life in Lake of the Woods research summary. HomeSnacks has been researching the quality of life in Lake of the Woods over the past eight years using Census data, FBI crime data, cost of living data, and other primary sources. Based on the most recently available data, we found the following about life in Lake of the Woods:

  • The population in Lake of the Woods is 8,557.

  • The median home value in Lake of the Woods is $289,400.

  • The median income in Lake of the Woods is $88,438.

  • The cost of living in Lake of the Woods is 114 which is 1.1x higher than the national average.

  • The median rent in Lake of the Woods is $1,432.

  • The unemployment rate in Lake of the Woods is 6.5%.

  • The poverty rate in Lake of the Woods is 13.0%.

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Lake Of The Woods SnackAbility

5
Overall SnackAbility
Jobs
8/10
Housing
1
Affordability
1
Diversity
8
Safety
N/A
Amenities
8
Education
9
Commute
3
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Lake Of The Woods, VA Cost Of Living

Cost of living in Lake of the Woods summary. We use data on the cost of living to determine how expensive it is to live in Lake of the Woods. Real estate prices drive most of the variance in cost of living around Virginia. Key points include:

  • The cost of living in Lake of the Woods is 114 with 100 being average.

  • The cost of living in Lake of the Woods is 1.1x higher than the national average.

  • The median home value in Lake of the Woods is $289,400.

  • The median income in Lake of the Woods is $88,438.

114
Lake Of The Woods's Overall Cost Of Living
1.1x
Higher Than The National Average

Cost Of Living In Lake of the Woods Comparison Table

Living Expense Lake of the Woods Virginia National Average
Overall 114 102 100
Services 107 102 100
Groceries 99 98 100
Health 104 102 100
Housing 140 107 100
Transportation 90 95 100
Utilities 100 102 100

Rankings for Lake of the Woods in Virginia

Locations Around Lake of the Woods

Map Of Lake of the Woods, VA

Best Places Around Lake of the Woods

1

Franklin Farm, VA
Population 18,906

2

Floris, VA
Population 7,592

3

Broadlands, VA
Population 14,835

4

South Run, VA
Population 6,953

5

Crosspointe, VA
Population 5,049

6

Dunn Loring, VA
Population 9,251

7

South Riding, VA
Population 33,828

8

Burke, VA
Population 44,191

9

Kings Park West, VA
Population 13,812

10

Fort Hunt, VA
Population 16,322

Lake of the Woods Demographics And Statistics

Population over time in Lake of the Woods

The current population in Lake of the Woods is 8,557. The population has increased 9.4% from 2010.

Year Population % Change
2021 8,557 11.9%
2020 7,649 3.4%
2019 7,401 0.5%
2018 7,362 -7.1%
2017 7,926 6.3%
2016 7,454 4.0%
2015 7,168 -4.4%
2014 7,498 -0.6%
2013 7,547 -3.6%
2012 7,825 -

Race / Ethnicity in Lake of the Woods

White
75.7% (6,479)
African American
12.2% (1,045)
American Indian
0.0% (0)
Asian
5.7% (492)
Hawaiian
0.0% (0)
Other
0.7% (59)
Two Or More
2.0% (170)
Hispanic
3.6% (312)

Lake of the Woods is:

  • 75.7% White with 6,479 White residents.

  • 12.2% African American with 1,045 African American residents.

  • 0.0% American Indian with 0 American Indian residents.

  • 5.7% Asian with 492 Asian residents.

  • 0.0% Hawaiian with 0 Hawaiian residents.

  • 0.7% Other with 59 Other residents.

  • 2.0% Two Or More with 170 Two Or More residents.

  • 3.6% Hispanic with 312 Hispanic residents.

Race Lake of the Woods VA USA
White 75.7% 60.6% 59.4%
African American 12.2% 18.7% 12.2%
American Indian 0.0% 0.2% 0.6%
Asian 5.7% 6.7% 5.6%
Hawaiian 0.0% 0.1% 0.2%
Other 0.7% 0.4% 0.4%
Two Or More 2.0% 3.7% 3.2%
Hispanic 3.6% 9.8% 18.4%

Gender in Lake of the Woods

Female
50.0% (4,275)
Male
50.0% (4,282)
  • Lake of the Woods is 50.0% female with 4,275 female residents.

  • Lake of the Woods is 50.0% male with 4,282 male residents.

Gender Lake of the Woods VA USA
Female 50.0% 50.5% 50.5%
Male 50.0% 49.5% 49.5%

Highest level of educational attainment in Lake of the Woods for adults over 25

< 9th Grade
1.0% (85)
9-12th Grade
3.0% (256)
High School / GED
22.0% (1,882)
Some College
26.0% (2,224)
Associate's Degree
7.0% (598)
Bachelor's Degree
23.0% (1,968)
Master's Degree
18.0% (1,540)
Professional Degree
0.0% (0)
Doctorate Degree
0.0% (0)
  • 1.0% of adults in Lake of the Woods completed < 9th grade.

  • 3.0% of adults in Lake of the Woods completed 9-12th grade.

  • 22.0% of adults in Lake of the Woods completed high school / ged.

  • 26.0% of adults in Lake of the Woods completed some college.

  • 7.0% of adults in Lake of the Woods completed associate's degree.

  • 23.0% of adults in Lake of the Woods completed bachelor's degree.

  • 18.0% of adults in Lake of the Woods completed master's degree.

  • 0.0% of adults in Lake of the Woods completed professional degree.

  • 0.0% of adults in Lake of the Woods completed doctorate degree.

Education Lake of the Woods VA USA
< 9th Grade 1.0% 3.0% 5.0%
9-12th Grade 3.0% 5.0% 6.0%
High School / GED 22.0% 24.0% 26.0%
Some College 26.0% 19.0% 20.0%
Associate's Degree 7.0% 8.0% 9.0%
Bachelor's Degree 23.0% 23.0% 21.0%
Master's Degree 18.0% 13.0% 9.0%
Professional Degree 0.0% 3.0% 2.0%
Doctorate Degree 0.0% 2.0% 2.0%

Household Income For Lake of the Woods, Virginia

  • 8.6% of households in Lake of the Woods earn Less than $10,000.

  • 0.0% of households in Lake of the Woods earn $10,000 to $14,999.

  • 4.4% of households in Lake of the Woods earn $15,000 to $24,999.

  • 5.0% of households in Lake of the Woods earn $25,000 to $34,999.

  • 1.9% of households in Lake of the Woods earn $35,000 to $49,999.

  • 17.3% of households in Lake of the Woods earn $50,000 to $74,999.

  • 18.0% of households in Lake of the Woods earn $75,000 to $99,999.

  • 25.7% of households in Lake of the Woods earn $100,000 to $149,999.

  • 10.5% of households in Lake of the Woods earn $150,000 to $199,999.

  • 8.5% of households in Lake of the Woods earn $200,000 or more.

Less than $10,000
8.6% (73,565)
$10,000 to $14,999
0.0% (0)
$15,000 to $24,999
4.4% (37,833)
$25,000 to $34,999
5.0% (42,971)
$35,000 to $49,999
1.9% (16,347)
$50,000 to $74,999
17.3% (147,832)
$75,000 to $99,999
18.0% (154,371)
$100,000 to $149,999
25.7% (220,230)
$150,000 to $199,999
10.5% (89,446)
$200,000 or more
8.5% (73,098)
Income Lake of the Woods VA USA
Less than $10,000 8.6% 4.6% 5.5%
$10,000 to $14,999 0.0% 3.0% 3.9%
$15,000 to $24,999 4.4% 6.4% 7.8%
$25,000 to $34,999 5.0% 6.9% 8.2%
$35,000 to $49,999 1.9% 10.1% 11.4%
$50,000 to $74,999 17.3% 15.8% 16.8%
$75,000 to $99,999 18.0% 12.8% 12.8%
$100,000 to $149,999 25.7% 17.6% 16.3%
$150,000 to $199,999 10.5% 9.7% 7.8%
$200,000 or more 8.5% 13.1% 9.5%

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