The Lake of the Woods Census Designated Place had a population of 7,953 as of July 1, 2019.
The primary coordinate point for Lake of the Woods CDP is located at latitude 38.3343 and longitude -77.7599 in Orange County. The formal boundaries for the Lake of the Woods Census Designated Place encompass a land area of 4.93 sq. miles and a water area of 0.8 sq. miles.
The Lake of the Woods Census Designated Place (GNIS ID: 2628836) has a U2 Census Class Code which indicates a census designated place without an official federally recognized name. It also has a Functional Status Code of "S" which identifies a statistical entity.
HOUSING AFFORDABILITY INDEX
|Lake of the Woods CDP, VA Housing Affordability Index is 150 |
State of Virginia Housing Affordability Index is 126
|The Housing Affordability Index base is 100 and represents a balance point where a resident with a median household income can normally qualify to purchase a median price home. Values above 100 indicate increased affordability, while values below 100 indicate decreased affordability.|
|Lake of the Woods CDP, VA Wealth Index is 150 |
State of Virginia Wealth Index is 124
|The Wealth Index is based on a number of indicators of affluence including average household income and average net worth, but it also includes the value of material possessions and resources. It represents the wealth of the area relative to the national level. Values above or below 100 represent above-average wealth or below-average wealth compared to the national level.|
These new demographic attributes are availiable for Neighborhoods, Cities, Counties / Independent Cities, and ZIP Codes.
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|Total Population||7,953 (100%)|
|Population in Households||7,953 (100.0%)|
|Population in Families||6,791 (85.4%)|
|Population in Group Quarters1||0|
|Median Household Income||$80,369|
|Average Household Income||$97,519|
|Per Capita Income||$40,268|
|Total Housing Units||3,956 (100%)|
|Owner Occupied HU||2,884 (72.9%)|
|Renter Occupied HU||400 (10.1%)|
|Vacant Housing Units||672 (17.0%)|
|Median Home Value||$270,455|
|Housing Affordability Index3||150|
|Average Household Size||2.42|
|Average Family Size||3|
GROWTH RATE / YEAR
|Median Household Income||1.55%|
|Per Capita Income||1.41%|
The table below compares Lake of the Woods CDP to the other 593 incorporated cities, towns and CDPs in Virginia by rank and percentile using July 1, 2019 data. The location Ranked # 1 has the highest value. A location that ranks higher than 75% of its peers would be in the 75th percentile of the peer group.
|Total Population||# 151||75th|
|Population Density||# 169||72nd|
|Diversity Index||# 402||32nd|
|Median Household Income||# 155||74th|
|Per Capita Income||# 136||77th|
Additional comparisons and rankings can be made with a VERY EASY TO USE Virginia Census Data Comparison Tool.