Lake of the Woods, VA
Full City Profile · Virginia · Spotsylvania County County
4.8
/5.0
A+
Excellent
8,165
Population
1,649/sq mi density
$112,917
Median Income
$57,928 per capita
$377,500
Home Value
$367,050 Zillow
$1,690
Median Rent
18.6% income on rent
57°F
Avg Temperature
A+
Overall
4.8 / 5.0
Strong
A+
Economy
4.9 / 5.0
$112,917 median income, 2.9% unemployment
A+
Affordability
4.8 / 5.0
$377,500 home value, $1,690/mo rent
A+
Education
4.6 / 5.0
45.2% bachelor's degree or higher
Income Overview
Median Household Income
$112,917
50% above
US avg: $75,149
Per Capita Income
$57,928
48% above
US avg: $39,052
Unemployment Rate
2.9%
19% below
US avg: 3.6%
Poverty Rate
3.5%
72% below
US avg: 12.4%
Income Comparison: Lake of the Woods vs. U.S. Average
Each bar shows Lake of the Woods’s value as a percentage of the national average (100% line = U.S. avg)
Median Household
US: $75,149
$112,917
150%
Per Capita
US: $39,052
$57,928
148%
IRS Avg AGI
US: $72,000
$84,351
117%
Avg Weekly Wage
US: $1,432
$1,019
71%
Thin line = U.S. average (100%)
Employment & Commute
Avg Weekly Wage
$1,019
29% below US avg ($1,432)
Mean Commute Time
46 min
67% above US avg (28 min)
Work From Home
18.2%
20% above US avg (15.2%)
Drive Alone
76.7%
5% above US avg (73.2%)
Public Transit
0.8%
84% below US avg (5.0%)
How Residents Get to Work
Drive Alone
76.7%
Public Transit
0.8%
Work From Home
18.2%
Other
4.3%
Average commute time
46 minutes
US avg: 28 min
Business Landscape
Total Establishments
3,570
Restaurants
222
Healthcare
299
Retail
462
Manufacturing
58
Tax & Financial
IRS Avg Adjusted Gross Income
$84,351
17% above US avg ($72,000)
Avg Property Tax
$3,367
4% below US avg ($3,500)
Cost of Living Index
101.1
Above national average (100 = US avg)
Complete Economy Data
Income & Wages
| Median Household Income | $112,917 |
| Per Capita Income | $57,928 |
| IRS Avg Adjusted Gross Income | $84,351 |
| Avg Weekly Wage | $1,019 |
Hardship Indicators
| Unemployment Rate | 2.9% |
| Poverty Rate | 3.5% |
| Gini Coefficient | 0.405 |
| Cost of Living Index | 101.1 |
Commute
| Mean Commute | 46 minutes |
| Drive Alone | 76.7% |
| Public Transit | 0.8% |
| Work From Home | 18.2% |
Businesses
| Total Establishments | 3,570 |
| Restaurants | 222 |
| Healthcare | 299 |
| Retail | 462 |
| Manufacturing | 58 |
Tax
| IRS Avg AGI | $84,351 |
| Avg Property Tax | $3,367 |