Lake of the Woods, VA population, income and ZIP codes

Lake of the Woods CDP is a mid-size town in Virginia, with 8,165 residents counted in the Census American Community Survey 2019-2023 ACS 5-year estimates, which places it #152 of 688 ranked by population — larger than 78% of them. The median age here is 51.8 years against 39.1 nationally, a markedly older profile that usually tracks retirees staying put and younger households leaving for work. Places under 65,000 residents only appear in the five-year release, never the one-year file, so these values pool sixty months of responses and lag the current year by design.

Households in Lake of the Woods CDP earn a median of $112,917 a year, 43.8% above the national figure of $78,538 and 36% above the $82,986 median for the 383 Virginia cities we cover. This figure covers the household, not the worker: two people on ordinary wages at one address outrank a single professional in the same table. Poverty reaches 4.8% of residents here, less than half the 12.4% national rate.

The typical owner-occupied home in Lake of the Woods CDP is valued at $377,500, 24.4% above the national figure and 30% above the $291,300 peer median, while median gross rent runs $1,690 a month, 20.2% above the national figure, or roughly $20,280 across a full year. A household on the local median income would put about 18% of gross pay toward that rent against the federal 30% cost-burden threshold, so renting here is cheap relative to what people here earn. The home-price-to-income ratio works out to 3.3×, against roughly 3.9× nationally, so buying is easier here than in the average US market. 94.3% of occupied homes are owner-occupied versus 65% nationally, an owner-dominated market where rental listings are scarce and rent medians rest on a thin sample. Rent is reported gross — contract rent plus tenant-paid utilities — which is why it runs above the advertised price on a listing for the same unit.

A median age of 51.8 puts Lake of the Woods CDP well into retirement-weighted territory, which pulls median household income down even where household wealth is high, because retirement draws are counted differently from wages.

No figure on this page is estimated by us; each one comes straight from the published ACS tables for this area. Small-area estimates still carry wider margins of error than state or national figures, so check the linked ACS tables before relying on them for lending, appraisal or legal work.