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Lake of the Woods, VA

Full City Profile · Virginia · Spotsylvania County County

3.9 /5.0
B+ Good
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 293 sunny days/yr
449 Violent Crime/100K 4,112 property/100K
B+
Overall
3.9 / 5.0
Good overall score based on economy, affordability, safety and education
A+
Economy
5.0 / 5.0
$112,917 median income, 1.4% unemployment
A+
Affordability
4.8 / 5.0
$377,500 home value, $1,690/mo rent
F
Safety
1.0 / 5.0
449 violent crimes/100K (18% above avg)
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
1.4%
61% 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 Rate1.4%
Poverty Rate3.5%
Gini Coefficient0.405
Cost of Living Index101.1

Commute

Mean Commute46 minutes
Drive Alone76.7%
Public Transit0.8%
Work From Home18.2%

Businesses

Total Establishments3,570
Restaurants222
Healthcare299
Retail462
Manufacturing58

Tax

IRS Avg AGI$84,351
Avg Property Tax$3,367