Life in Lake Ridge research summary. HomeSnacks has been researching the quality of life in Lake Ridge 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 Ridge:
The population in Lake Ridge is 44,697.
The median home value in Lake Ridge is $364,000.
The median income in Lake Ridge is $108,654.
The cost of living in Lake Ridge is 128 which is 1.3x higher than the national average.
The median rent in Lake Ridge is $1,903.
The unemployment rate in Lake Ridge is 4.4%.
The poverty rate in Lake Ridge is 4.8%.
Cost of living in Lake Ridge summary. We use data on the cost of living to determine how expensive it is to live in Lake Ridge. Real estate prices drive most of the variance in cost of living around Virginia. Key points include:
The cost of living in Lake Ridge is 128 with 100 being average.
The cost of living in Lake Ridge is 1.3x higher than the national average.
The median home value in Lake Ridge is $364,000.
The median income in Lake Ridge is $108,654.
Living Expense | Lake Ridge | Virginia | National Average | |
---|---|---|---|---|
Overall | 128 | 102 | 100 | |
Services | 107 | 102 | 100 | |
Groceries | 121 | 98 | 100 | |
Health | 101 | 102 | 100 | |
Housing | 172 | 107 | 100 | |
Transportation | 101 | 95 | 100 | |
Utilities | 97 | 102 | 100 |
The current population in Lake Ridge is 44,697. The population has increased 13.4% from 2010.
Year | Population | % Change |
---|---|---|
2021 | 44,697 | 0.6% |
2020 | 44,430 | -0.3% |
2019 | 44,552 | -0.3% |
2018 | 44,685 | 1.6% |
2017 | 43,963 | -1.4% |
2016 | 44,593 | 4.3% |
2015 | 42,761 | 4.9% |
2014 | 40,775 | 3.1% |
2013 | 39,531 | 0.3% |
2012 | 39,421 | - |
45.1% White with 20,172 White residents.
22.5% African American with 10,041 African American residents.
0.4% American Indian with 184 American Indian residents.
8.7% Asian with 3,883 Asian residents.
0.0% Hawaiian with 17 Hawaiian residents.
0.7% Other with 313 Other residents.
5.1% Two Or More with 2,274 Two Or More residents.
17.5% Hispanic with 7,813 Hispanic residents.
Race | Lake Ridge | VA | USA |
---|---|---|---|
White | 45.1% | 60.6% | 59.4% |
African American | 22.5% | 18.7% | 12.2% |
American Indian | 0.4% | 0.2% | 0.6% |
Asian | 8.7% | 6.7% | 5.6% |
Hawaiian | 0.0% | 0.1% | 0.2% |
Other | 0.7% | 0.4% | 0.4% |
Two Or More | 5.1% | 3.7% | 3.2% |
Hispanic | 17.5% | 9.8% | 18.4% |
Lake Ridge is 53.4% female with 23,846 female residents.
Lake Ridge is 46.6% male with 20,851 male residents.
Gender | Lake Ridge | VA | USA |
---|---|---|---|
Female | 53.4% | 50.5% | 50.5% |
Male | 46.6% | 49.5% | 49.5% |
3.0% of adults in Lake Ridge completed < 9th grade.
3.0% of adults in Lake Ridge completed 9-12th grade.
17.0% of adults in Lake Ridge completed high school / ged.
18.0% of adults in Lake Ridge completed some college.
11.0% of adults in Lake Ridge completed associate's degree.
25.0% of adults in Lake Ridge completed bachelor's degree.
19.0% of adults in Lake Ridge completed master's degree.
2.0% of adults in Lake Ridge completed professional degree.
2.0% of adults in Lake Ridge completed doctorate degree.
Education | Lake Ridge | VA | USA |
---|---|---|---|
< 9th Grade | 3.0% | 3.0% | 5.0% |
9-12th Grade | 3.0% | 5.0% | 6.0% |
High School / GED | 17.0% | 24.0% | 26.0% |
Some College | 18.0% | 19.0% | 20.0% |
Associate's Degree | 11.0% | 8.0% | 9.0% |
Bachelor's Degree | 25.0% | 23.0% | 21.0% |
Master's Degree | 19.0% | 13.0% | 9.0% |
Professional Degree | 2.0% | 3.0% | 2.0% |
Doctorate Degree | 2.0% | 2.0% | 2.0% |
1.6% of households in Lake Ridge earn Less than $10,000.
1.3% of households in Lake Ridge earn $10,000 to $14,999.
3.2% of households in Lake Ridge earn $15,000 to $24,999.
2.7% of households in Lake Ridge earn $25,000 to $34,999.
5.2% of households in Lake Ridge earn $35,000 to $49,999.
12.7% of households in Lake Ridge earn $50,000 to $74,999.
16.5% of households in Lake Ridge earn $75,000 to $99,999.
27.7% of households in Lake Ridge earn $100,000 to $149,999.
14.0% of households in Lake Ridge earn $150,000 to $199,999.
15.1% of households in Lake Ridge earn $200,000 or more.
Income | Lake Ridge | VA | USA |
---|---|---|---|
Less than $10,000 | 1.6% | 4.6% | 5.5% |
$10,000 to $14,999 | 1.3% | 3.0% | 3.9% |
$15,000 to $24,999 | 3.2% | 6.4% | 7.8% |
$25,000 to $34,999 | 2.7% | 6.9% | 8.2% |
$35,000 to $49,999 | 5.2% | 10.1% | 11.4% |
$50,000 to $74,999 | 12.7% | 15.8% | 16.8% |
$75,000 to $99,999 | 16.5% | 12.8% | 12.8% |
$100,000 to $149,999 | 27.7% | 17.6% | 16.3% |
$150,000 to $199,999 | 14.0% | 9.7% | 7.8% |
$200,000 or more | 15.1% | 13.1% | 9.5% |