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Virginia · Census place 43430

Lake of the Woods CDP, VA

Quick answer

Lake of the Woods CDP has 8,165 residents, ranking #152 of 688 places in Virginia. Median household income is $112,917, the median home is worth $377,500 and median gross rent runs $1,690 a month.

Population
8,165Lake of the Woods CDP residents
Median household income
$112,917Past 12 months, inflation adjusted
Median home value
$377,500Owner-occupied units
Median gross rent
$1,690Rent plus utilities, monthly
Median age
51.8 yrsAll residents
Homeownership rate
94.3%Owner-occupied households

What the numbers mean in Lake of the Woods CDP

Housing cost measured against local earnings.

A household earning the Lake of the Woods CDP median would spend about 18% 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 4.8% of residents and 94.3% 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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