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CITY · 2010 ACS

Lake of the Woods

Virginia · 7,177 residents · 4.953 sq mi
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The short version

Lake of the Woods is significantly wealthier than the US average, with a median household income of $69,921. Population has declined 5% since 2011. Median home value is $312,600. With a median age of 50.6, the population is older than the US median of 37.2. Poverty is rare here, at 3.6% of residents.

At a glance
Wealthier
above the US median
US median: $52,703
Older
median age 50.6
US median: 37.2
More educated
32% hold a bachelor's degree
US average: 28%
Stable housing
home values roughly flat, inflation adjusted
US median home: $225,659
Section 01

Population & growth

Total population
7,177
−5%vs 2011
vs 7,547 in 2011
2010 – 2024
Population density
1,449 / sq mi
−5%vs 2011
vs 1,524 / sq mi in 2011
US average: 261
Median age
50.6
+3%vs 2011
vs 49.3 in 2011
US average: 37.2
Population, 2010 – 2024
7K7K8K8K9K201020202024Lake of the Woods
20248K
201020202024
Section 02

Income & economy

Median household income
$69,921
Unchangedinflation adjusted, since 2011
vs $72,359 in 2011
US average: $52,703
2010 – 2024
Per capita income
$35,239
−6%vs 2011
vs $37,449 in 2011
US average: $27,286
Households earning $100K+
46.8%
+0.4 ptsvs 2011
vs 46.4% in 2011
US average: 33.3%
Poverty rate
3.6%
−4.4 ptsvs 2011
vs 8.0% in 2011
US average: 13.8%
Income inequality (Gini)
0.377
−6%vs 2011
vs 0.402 in 2011
US average: 0.461
Workforce by industry, 2010
Information15.1%
US avg: 11.5%
Other services7.1%
US avg: 7%
Wholesale trade6.8%
US avg: 7.2%
Finance & insurance3.7%
US avg: 5.1%
Professional, scientific, technical3.7%
US avg: 4.2%
Public administration3.4%
US avg: 4.9%
Retail trade3%
US avg: 10.9%
Arts, entertainment, food3%
US avg: 2.4%
Agriculture, forestry, fishing1.4%
US avg: 1.9%
Construction1.4%
US avg: 1.4%
Transportation & warehousing0.9%
US avg: 3.1%
Manufacturing0%
US avg: 0.5%
Education & health services0%
US avg: 0.9%
BARS: THIS PLACE · TICKS: US AVERAGE
Section 03

Housing

Median home value
$312,600
+9%inflation adjusted, since 2011
vs $294,500 in 2011
US average: $225,659
2010 – 2024
Median gross rent
$1,675
+24%inflation adjusted, since 2011
vs $1,398 in 2011
US average: $853
Owner-occupied
63.5%
−18.8 ptsvs 2011
vs 82.3% in 2011
12.4% rent
Vacancy rate
13.6%
−0.2 ptsvs 2011
vs 13.8% in 2011
US average: 12.1%
Owner cost-burdened
37.0%
+1.7 ptsvs 2011
vs 35.3% in 2011
US average: 30.9%
Renter cost-burdened
13.6%
+0.6 ptsvs 2011
vs 13.0% in 2011
US average: 46.8%
Afford Score
4.5
+10%vs 2011
vs 4.1 in 2011
2010 – 2024
RELATED:See current rent listings in Lake of the Woods on RentDataNow
Section 04

Race & ethnicity

2011
White, non-Hispanic91.3%(6,889)
Black3.1%(234)
Hispanic / Latino2.7%(204)
Asian1.7%(129)
Other1.2%(91)
Diversity Score20.6%(1,553)
2010
White, non-Hispanic87.4%(6,271)
Black5.1%(366)
Hispanic / Latino3.5%(253)
Asian1.1%(81)
Other1.3%(96)
Diversity Score26%(1,869)
Diversity Score
26
+27%vs 2011
vs 21 in 2011
2010 – 2024
Section 05

Education

Bachelor's degree or higher
31.9%
−0.3 ptsvs 2011
vs 32.2% in 2011
US average: 27.9%
High school or higher
94.6%
+0.3 ptsvs 2011
vs 94.3% in 2011
US average: 84.9%
Graduate degree
11.1%
+0.4 ptsvs 2011
vs 10.7% in 2011
US average: 10.2%
Section 06

Commute & transportation

Average commute
47.1 min
−1%vs 2011
vs 47.8 min in 2011
US average: 25.2
Drive alone to work
85.5%
Unchangedvs 2011
vs 85.4% in 2011
US average: 76.2%
Carpooled to work
7.5%
+1.5 ptsvs 2011
vs 6.0% in 2011
US average: 10.4%
Public transit
2.6%
+1.6 ptsvs 2011
vs 1.0% in 2011
US average: 4.7%
Worked from home
3.0%
+0.1 ptsvs 2011
vs 2.8% in 2011
US average: 4.1%
Walked to work
0.4%
Unchangedvs 2011
vs 0.4% in 2011
US average: 2.8%
Biked to work
0.0%
Unchangedvs 2011
vs 0.0% in 2011
US average: 0.5%
No vehicle available
1.7%
−3.0 ptsvs 2011
vs 4.8% in 2011
US average: 8.7%
Section 07

Work & employment

Self-employed
10.7%
−0.4 ptsvs 2011
vs 11.1% in 2011
US average: 12.9%
Management & professional
44.1%
−6.6 ptsvs 2011
vs 50.6% in 2011
US average: 35.2%
Section 08

People & community

Male
45.9%
−0.8 ptsvs 2011
vs 46.6% in 2011
Female
54.1%
+0.8 ptsvs 2011
vs 53.4% in 2011
Foreign born
5.3%
−1.2 ptsvs 2011
vs 6.5% in 2011
US average: 12.8%
Veterans
24.8%
−1.3 ptsvs 2011
vs 26.2% in 2011
US average: 9.9%
Drill deeper

Places similar to Lake of the Woods

Belle Isle
Pop 7,688
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Pop 8,490
Ave Maria
Pop 8,258
North Merritt Island
Pop 9,025
Places similar to Lake of the Woods
Head to head

Compare Lake of the Woods to nearby cities

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Income$86,071+23%
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LAKE OF THE WOODS VS
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Income$94,721+35%
Home value$390,000+25%
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LAKE OF THE WOODS VS
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Income$83,331+19%
Home value$478,300+53%
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LAKE OF THE WOODS VS
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Income$109,693+57%
Home value$505,300+62%
Population10,450+31%
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Frequently asked

How many people live in Lake of the Woods, Virginia?

Lake of the Woods, Virginia has about 7,177 residents according to the 2010 American Community Survey.

What is the median household income in Lake of the Woods, Virginia?

The typical household in Lake of the Woods, Virginia earns about $69,921 a year. Half of households make more than that, and half make less.

Is Lake of the Woods, Virginia expensive?

In Lake of the Woods, Virginia, the median home is worth about $312,600, and the typical rent is about $1,675 a month.

How educated are people in Lake of the Woods, Virginia?

About 31.9% of adults age 25 and over in Lake of the Woods, Virginia hold a bachelor's degree or higher.

What is the poverty rate in Lake of the Woods, Virginia?

About 3.6% of people in Lake of the Woods, Virginia live below the federal poverty line.

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

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