Disclosure: This page contains affiliate links marked with (Ad). If you click through and make a purchase, we may earn a commission at no extra cost to you. Learn more

Lake of the Woods, Virginia

Last updated: 2024 BLS data · Page refreshed:

City Profile — Demographics, Income, Education & Housing
Data: U.S. Census Bureau, American Community Survey 2024 5-Year Estimates
7,984
Population
$109,153
Median Income
$399,300
Home Value
52.8
Median Age

Demographics

Lake of the Woods has a population of 7,984 with a median age of 52.8. Here is the racial and ethnic breakdown of the population:

White
75.7%
Hispanic
9.7%
Black
6.5%
Other
5.9%
Asian
2.2%
Demographic Value
Total Population7,984
Median Age52.8
White75.7%
Black or African American6.5%
Asian2.2%
Hispanic or Latino9.7%
Other / Two or More Races5.9%
Lake of the Woods, Virginia — racial composition (Census ACS 2024)Donut chart of 5 segments totaling 100.White: 75.7%Hispanic/Latino: 9.7%Black: 6.5%Other: 5.9%Asian: 2.2%7,984PopulationWhiteWhite75.7%Hispanic/LatinoHispanic/Latino9.7%BlackBlack6.5%OtherOther5.9%AsianAsian2.2%

Income & Economy

The median household income in Lake of the Woods is $109,153, which is 35.4% above the national median of $80,610. The per capita income is $56,443. The poverty rate is 5.5%.

$109,153
Median Household Income
$56,443
Per Capita Income
5.5%
Poverty Rate

Advance Your Career in Lake of the Woods

Tools that help you land a better-paying role — wherever you live. · Sponsored - see disclosure.

MyPerfectResume · (Ad)
Create an ATS-friendly resume in minutes. Trusted by millions of job seekers.
Build My Resume →
FlexJobs · (Ad)
Access 50,000+ vetted remote, hybrid, and flexible job listings. No ads, no scams.
Find Remote & Flexible Jobs →
ExpertRating · (Ad)
300+ online certifications in Project Management, Six Sigma, IT & more.
Get Certified & Earn More →
Mondly by Pearson · (Ad)
Join 140M+ learners. Master any of 41 languages with bite-sized lessons.
Learn a New Language →

Education

In Lake of the Woods, 97.1% of residents age 25+ have a high school diploma or higher, and 45.6% hold a bachelor's degree or higher (19.8% with a graduate or professional degree).

HS Diploma+
97.1%
Bachelor's+
45.6%
Graduate+
19.8%
Education Level % of Adults (25+)
High School Diploma or Higher97.1%
Bachelor's Degree or Higher45.6%
Graduate or Professional Degree19.8%

Housing

The median home value in Lake of the Woods is $399,300, above the national median of $303,400. The median monthly rent is $1,765. The homeownership rate is 95.6%.

$399,300
Median Home Value
$1,765/mo
Median Rent
95.6%
Homeownership Rate
Housing Metric Value
Median Home Value$399,300
Median Monthly Rent$1,765
Homeownership Rate95.6%
Vacancy Rate10.1%

Salaries in Virginia

Explore salary data for popular occupations in Virginia:

See all Virginia salaries →

Other Cities in Virginia

See all Virginia cities →

Frequently Asked Questions

What is the population of Lake of the Woods, Virginia?
The population of Lake of the Woods, Virginia is 7,984 according to U.S. Census Bureau ACS 2024 5-Year Estimates.
What is the median household income in Lake of the Woods, Virginia?
The median household income in Lake of the Woods, Virginia is $109,153. This is 35.4% above the national median of $80,610.
What is the median home value in Lake of the Woods, Virginia?
The median home value in Lake of the Woods, Virginia is $399,300. The median monthly rent is $1,765.
What percentage of people in Lake of the Woods have a college degree?
In Lake of the Woods, Virginia, 45.6% of adults age 25 and older hold a bachelor's degree or higher, and 97.1% have a high school diploma or higher.
Is Lake of the Woods, Virginia an affordable place to live?
The home price-to-income ratio in Lake of the Woods, Virginia is 3.7x (median home value $399,300 vs. median income $109,153), making it relatively affordable by that measure. A ratio under 4.0 is generally considered affordable.

🏠 Thinking About Moving to Lake of the Woods?

Find resources to help plan your move, explore homes, and compare insurance rates in Virginia.

Salary Data in Virginia

All Jobs in Virginia Highest Paying Jobs Jobs Over $100K Average Salary

🏘️ Get City & Demographic Insights

Free data-driven updates on cities, salaries & cost of living — no spam, unsubscribe anytime.

Join Americans who use data to make smarter decisions. Privacy Policy

Share this page: X Facebook LinkedIn