Lake of the Woods, VA demographics:
population, income, and more
Lake of the Woods population
How many people live in Lake of the Woods
Lake of the Woods is home to 7,984 residents, according to the most recent Census data. Gender-wise, 49% of Lake of the Woods locals are male, and 51% are female.
Age demographics
The median age in Lake of the Woods is 53, with the population distributed as follows: about 14.6% are children under 15, then 6.4% are in the 15 to 24 age group. Adults between 25 and 44 make up 19.8% of the population, while another 24.8% fall into the 45 to 64 bracket. Finally, around 34.5% are 65 or older.
Racial makeup
In Lake of the Woods, 89.6% of the population are US-born citizens, while 7.5% have gained naturalized citizenship. At the same time, 2.9% of residents are non-citizens. As for race, 75.7% of locals are Caucasian, 6.5% are African American and 2.2% have Asian roots. There’s also a share of 11.6% that includes residents with two or more races.
Households in Lake of the Woods
A peek inside Lake of the Woods households
Lake of the Woods has 3,517 households, with an average of 2 members in each. Of these, 75.5% are families, while the remaining 24.5% are made up of individuals living alone or with non-relatives, such as roommates.
Households stats
Housing in Lake of the Woods
The housing landscape of Lake of the Woods
Lake of the Woods's housing consists of 3,911 units, with 99.7% being detached single-family homes ideal for those wanting space. Then there are the multifamily buildings in the area, and for those seeking flexibility, non-traditional options like mobile homes account for 0.3% of the housing landscape.
The age of buildings in Lake of the Woods
In Lake of the Woods, the median construction year is 1995. About 1.8% of homes were built before the 1940s, with another 0.2% going up by 1949. Most development happened in the second half of the 20th century. Then, 27.4% of homes were added from 2000 to 2009, 8.9% between 2010 and 2019, and 2.4% are part of the newest wave of development.
Lake of the Woods occupancy rates
Out of the 3,517 occupied housing units in Lake of the Woods, 95.6% are owner-occupied, while 4.4% are lived in by tenants. Meanwhile, 10.1% of all homes on the local market sit vacant.
Lake of the Woods housing costs
Housing costs in Lake of the Woods come to a median of $1,521 per month, while tenants specifically pay a median gross rent of $1,765.
Education in Lake of the Woods
Lake of the Woods education at a glance
About 28.4% of the population in Lake of the Woods went to high school, while 19.3% pursued college studies. Another 6.7% earned an associate degree and 24.8% hold a bachelor’s. Meanwhile, 18.8% went even further, earning a master’s or doctorate.
Income in Lake of the Woods
How much people earn in Lake of the Woods
The average annual household income in Lake of the Woods was $134,469 in 2024, the most recent annual data available, according to the U.S. Census Bureau. This marked a -7.1% change from the previous year. At the same time, the median income stood at $109,153, reflecting a -3.3% shift over the same period.
Lake of the Woods income by age
In Lake of the Woods, households led by residents aged 25 to 44 — usually in the early to mid stages of their careers — have a median income of $140,809. Those with someone between 45 and 64 in charge, often well established professionally, earn $136,750 overall. Overall, 94.4% of the locals in this community live above the poverty line.
Average renter income in Lake of the Woods
To get a better sense of what renters earn on average in Lake of the Woods, their median household income was $115,473 according to 2022 Census data. In addition, the rent-to-income ratio in the area, at 18.3%, shows what portion of their earnings goes toward housing expenses.
Employment in Lake of the Woods
Workforce and job types in Lake of the Woods
The job market in Lake of the Woods is powered by 3,111 working residents, spread across a range of industries and roles. 76.1% of the working population are employed in professional or administrative positions, while 23.9% are in hands-on or service-based jobs. Also, 6.6% run their own businesses, 60.4% are employed by private companies, and 24.8% work in the public sector.
Workforce demographics
Available workforce
The unemployment rate in Lake of the Woods stands at 0.8%, representing the share of the workforce currently without a job and actively looking for one.
Transportation in Lake of the Woods
How people get around in Lake of the Woods
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FAQs about Lake of the Woods demographics
What is the total population of Lake of the Woods?
What is the gender ratio in Lake of the Woods?
- 49% males (3,914 residents)
- 51% females (4,070 residents)
What is the median age in Lake of the Woods?
What is the age distribution of the population in Lake of the Woods?
- Under 15: 14.6% (1,163 residents)
- Ages 15-24: 6.4% (511 residents)
- Ages 25-44: 19.8% (1,581 residents)
- Ages 45-64: 24.8% (1,976 residents)
- Over 65: 34.5% (2,753 residents)
What is the racial and ethnic makeup of Lake of the Woods?
- White: 75.7% (6,047 residents)
- Black or African American: 6.5% (522 residents)
- American Indian and Alaska Native: 0% (0 residents)
- Asian: 2.2% (174 residents)
- Native Hawaiian and Other Pacific Islander: 0% (0 residents)
- Two or More Races: 11.6% (923 residents)
- Other: 4% (318 residents)
What percentage of the population in Lake of the Woods are U.S.-born citizens?
How many housing units are there in Lake of the Woods?
How many households are in Lake of the Woods and what is the average household size?
What is the median household income in Lake of the Woods?
What is the employment rate and job market overview for Lake of the Woods?
Job types:
- White-collar workers: 76.1% (2,368 residents)
- Blue-collar workers: 23.9% (743 residents)
Places of employment:
- Self-employed: 6.6% (206 residents)
- Private companies: 60.4% (1,879 residents)
- Governmental workers: 24.8% (773 residents)
- Not-for-profit companies: 8.1% (253 residents)
Data source & methodology
The demographic data on this page was sourced from the latest U.S. Census Bureau release—the 2019–2023 American Community Survey (ACS) 5-year estimates.
The information, issued annually, is compiled and published by the Point2Homes Research Team as soon as new data becomes available.
No representation, guarantee, or warranty is made concerning the accuracy or completeness of modified or aggregated information for particular areas.