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Virginia · Census place 43359

Lake Caroline CDP, VA

Quick answer

Lake Caroline CDP has 2,708 residents, ranking #252 of 688 places in Virginia. Median household income is $88,222, the median home is worth $291,300 and median gross rent runs $1,634 a month.

Population
2,708Lake Caroline CDP residents
Median household income
$88,222Past 12 months, inflation adjusted
Median home value
$291,300Owner-occupied units
Median gross rent
$1,634Rent plus utilities, monthly
Median age
30.4 yrsAll residents
Homeownership rate
80.4%Owner-occupied households

What the numbers mean in Lake Caroline CDP

Housing cost measured against local earnings.

A household earning the Lake Caroline CDP median would spend about 22.2% of gross income on the median rent. The 30% mark is the federal threshold for cost burden, so anything above it signals a stretched rental market. The median home costs 3.3× the median household income; nationally that ratio sits near 4.5×. Poverty affects 21.4% of residents and 80.4% of households own their home.

Source: US Census Bureau, ACS 2019-2023 5-year estimates · rates as published for 2019-2023 ACS 5-year

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