CensusEasy
CITY

Lake Caroline

Virginia · 2,862 residents · 2.838 sq mi
Time machine
COMPARE TO
Compare
The short version

Lake Caroline has lower-than-average household income, with a median household income of $73,000. Population has held roughly steady since 2023. Median home value is $297,600. At a median age of 32.0, residents skew younger than the country as a whole. The poverty rate of 23.1% is well above the national figure.

At a glance
Lower income
below the US median
US median: $82,259
Younger
median age 32.0
US median: 38.9
Less educated
28% hold a bachelor's degree
US average: 36%
Stable housing
home values roughly flat, inflation adjusted
US median home: $376,019
Section 01

Population & growth

Total population
2,862
+6%since 2023
from 2,708 in 2023
2010 – 2024
Population density
1,008 / sq mi
+6%since 2023
from 954 / sq mi in 2023
US average: 281
Median age
32.0
+5%since 2023
from 30.4 in 2023
US average: 38.9
Population, 2010 – 2024
1K2K2K3K3K201020202024Lake Caroline
20243K
201020202024
Section 02

Income & economy

Median household income
$73,000
−20%inflation adjusted, since 2023
from $88,222 in 2023
US average: $82,259
2010 – 2024
Per capita income
$34,310
−9%since 2023
from $37,872 in 2023
US average: $44,673
Households earning $100K+
48.9%
−12.9 ptssince 2023
from 61.9% in 2023
US average: 53.3%
Poverty rate
23.1%
+1.7 ptssince 2023
from 21.4% in 2023
US average: 12.5%
Income inequality (Gini)
0.321
−5%since 2023
from 0.339 in 2023
US average: 0.476
Workforce by industry, 2024
Wholesale trade21.9%
US avg: 6.9%
Finance & insurance18.3%
US avg: 5.9%
Professional, scientific, technical15.4%
US avg: 5.1%
Information7.7%
US avg: 10.8%
Other services3.1%
US avg: 6.7%
Education & health services3%
US avg: 0.9%
Retail trade0.9%
US avg: 9.9%
Public administration0.7%
US avg: 4.8%
Transportation & warehousing0.6%
US avg: 2.2%
Agriculture, forestry, fishing0%
US avg: 1.6%
Construction0%
US avg: 1.2%
Manufacturing0%
US avg: 0.4%
Arts, entertainment, food0%
US avg: 1.9%
BARS: THIS PLACE · TICKS: US AVERAGE
Section 03

Housing

Median home value
$297,600
−1%inflation adjusted, since 2023
from $291,300 in 2023
US average: $376,019
2010 – 2024
Median gross rent
$1,764
+5%inflation adjusted, since 2023
from $1,634 in 2023
US average: $1,442
Owner-occupied
73.1%
−7.3 ptssince 2023
from 80.4% in 2023
26.9% rent
Vacancy rate
15.4%
−0.7 ptssince 2023
from 16.1% in 2023
US average: 10.0%
Owner cost-burdened
22.4%
+12.1 ptssince 2023
from 10.3% in 2023
US average: 22.9%
Renter cost-burdened
68.0%
+37.8 ptssince 2023
from 30.2% in 2023
US average: 47.4%
Afford Score
4.1
+23%since 2023
from 3.3 in 2023
2010 – 2024
Gentrification Score
28
RELATED:See current rent listings in Lake Caroline on RentDataNow
Section 04

Race & ethnicity

2023
White, non-Hispanic59.8%(1,620)
Black20.9%(567)
Hispanic / Latino17.5%(474)
Asian0%(0)
Other1.7%(47)
Diversity Score70.9%(1,920)
2024
White, non-Hispanic51.6%(1,478)
Black15.5%(445)
Hispanic / Latino28.2%(806)
Asian0%(0)
Other4.6%(133)
Diversity Score78.5%(2,245)
Diversity Score
78
+11%since 2023
from 71 in 2023
2010 – 2024
Section 05

Education

Bachelor's degree or higher
27.9%
−3.7 ptssince 2023
from 31.6% in 2023
US average: 35.6%
High school or higher
80.4%
−6.1 ptssince 2023
from 86.5% in 2023
US average: 89.6%
Graduate degree
14.5%
+1.3 ptssince 2023
from 13.3% in 2023
US average: 14.0%
Section 06

Commute & transportation

Average commute
50.2 min
−1%since 2023
from 50.7 min in 2023
US average: 26.5
Drive alone to work
79.6%
−7.2 ptssince 2023
from 86.8% in 2023
US average: 68.9%
Carpooled to work
19.7%
+8.2 ptssince 2023
from 11.5% in 2023
US average: 8.5%
Public transit
0.0%
Unchangedsince 2023
from 0.0% in 2023
US average: 3.2%
Worked from home
0.7%
−1.0 ptssince 2023
from 1.7% in 2023
US average: 15.0%
Walked to work
0.0%
Unchangedsince 2023
from 0.0% in 2023
US average: 2.4%
Biked to work
0.0%
Unchangedsince 2023
from 0.0% in 2023
US average: 0.4%
No vehicle available
3.3%
+0.4 ptssince 2023
from 3.0% in 2023
US average: 8.3%
Section 07

Work & employment

Unemployment rate
0.0%
Unchangedsince 2023
from 0.0% in 2023
US average: 5.2%
Labor force participation
74.0%
−2.8 ptssince 2023
from 76.8% in 2023
US average: 63.5%
Self-employed
15.7%
−5.5 ptssince 2023
from 21.2% in 2023
US average: 13.1%
Management & professional
34.4%
+1.2 ptssince 2023
from 33.3% in 2023
US average: 42.5%
Section 08

People & community

Male
49.2%
+3.1 ptssince 2023
from 46.0% in 2023
Female
50.8%
−3.1 ptssince 2023
from 54.0% in 2023
Foreign born
20.1%
+10.0 ptssince 2023
from 10.1% in 2023
US average: 14.1%
Veterans
11.6%
−2.6 ptssince 2023
from 14.2% in 2023
US average: 6.2%
With a disability
3.9%
−1.5 ptssince 2023
from 5.4% in 2023
US average: 13.3%
Uninsured
7.6%
+2.9 ptssince 2023
from 4.7% in 2023
US average: 8.4%
Broadband at home
95.2%
−1.0 ptssince 2023
from 96.2% in 2023
US average: 91.0%
English only at home
70.9%
−13.9 ptssince 2023
from 84.8% in 2023
US average: 77.7%
Spanish at home
27.2%
+12.9 ptssince 2023
from 14.3% in 2023
US average: 13.6%
Drill deeper

Places similar to Lake Caroline

Lake Belvedere Estates
Pop 2,672
Hypoluxo
Pop 2,954
Biscayne Park
Pop 3,062
Eastpoint
Pop 3,163
Places similar to Lake Caroline
Head to head

Compare Lake Caroline to nearby cities

LAKE CAROLINE VS
Wyndham
Income$235,250+222%
Home value$703,000+136%
Population12,099+323%
SEE FULL COMPARISON →
LAKE CAROLINE VS
Fredericksburg
Income$86,071+18%
Home value$483,700+63%
Population30,393+962%
SEE FULL COMPARISON →
LAKE CAROLINE VS
Glen Allen
Income$92,723+27%
Home value$357,200+20%
Population17,551+513%
SEE FULL COMPARISON →
LAKE CAROLINE VS
Innsbrook
Income$129,436+77%
Home value$463,500+56%
Population8,578+200%
SEE FULL COMPARISON →
Frequently asked

How many people live in Lake Caroline, Virginia?

Lake Caroline, Virginia has about 2,862 residents according to the 2024 American Community Survey.

What is the median household income in Lake Caroline, Virginia?

The typical household in Lake Caroline, Virginia earns about $73,000 a year. Half of households make more than that, and half make less.

Is Lake Caroline, Virginia expensive?

In Lake Caroline, Virginia, the median home is worth about $297,600, and the typical rent is about $1,764 a month.

How educated are people in Lake Caroline, Virginia?

About 27.9% of adults age 25 and over in Lake Caroline, Virginia hold a bachelor's degree or higher.

What is the poverty rate in Lake Caroline, Virginia?

About 23.1% of people in Lake Caroline, Virginia live below the federal poverty line.

Keep going

Explore from here

Up the hierarchy
Virginia
Rankings
Highest income citiesFastest growing citiesMost educated cities
Compare
Compare Lake Caroline with another place

DATA: US CENSUS BUREAU ACS 5-YEAR + DECENNIAL CENSUS · UPDATED 2024

How we source and harmonize this data →