Lake of the Woods, Virginia Demographics & Population 2026
During the 2020–2024 ACS period, Lake of the Woods, Virginia had a total population of 7,984, the 156th largest community in Virginia, with a median household income of $109,153, which is 17% higher than the state average. The poverty rate is 5.5%.
Data vintage: U.S. Census Bureau ACS 2020–2024 5-Year Estimates · refreshed July 2026 · Methodology & source notes
Key Takeaways
- Near full employment with an unemployment rate of just 0.8%.
Lake of the Woods Quick Facts
How Lake of the Woods Changed
Change from the 2019–2023 ACS period to 2020–2024. These are rolling five-year estimates, not year-over-year measurements.
| Metric | 2019–2023 | 2020–2024 | Change |
|---|---|---|---|
| Population | 8,165 | 7,984 | -2.2% |
| Median household income | $112,917 | $109,153 | -3.3% |
| Median home value | $377,500 | $399,300 | +5.8% |
How Lake of the Woods Compares
Median Household Income
Median Home Value
Economy & Housing
Household Income Distribution
Detailed income brackets
Employment
Housing Overview
People & Demographics
Age Distribution
Race & Ethnicity
Diversity Index
Moderate diversity with one or two groups making up the majority.
State average: 61 | National average: 61
Education
Educational Attainment (Adults 25+)
Lake of the Woods Rankings in Virginia
Explore Virginia Rankings
Other Cities in Orange County
| City | Population | Median Income | Poverty | Home Value |
|---|---|---|---|---|
| Orange | 5,066 | $76,370 | 14.1% | $273,300 |
| Gordonsville | 1,459 | $61,556 | 14.1% | $272,800 |
| Barboursville | 694 | $53,766 | 60.7% | N/A |
Cities Similar to Lake of the Woods
These cities in the same state have comparable population and economic profiles.
| City | Population | Median Income | Home Value | Bachelor's+ | Poverty |
|---|---|---|---|---|---|
| Carrollton | 8,436 | $110,956 | $423,900 | 39.9% | 6.8% |
| Fort Belvoir | 8,449 | $104,205 | N/A | 55.0% | 2.9% |
| Hollymead | 8,482 | $118,250 | $435,300 | 63.8% | 4.3% |
| Hutchison | 7,284 | $105,651 | $476,900 | 39.7% | 14.5% |
| Smithfield | 8,834 | $113,158 | $374,900 | 36.9% | 5.4% |
Population Overview
Lake of the Woods is a small city located in Virginia, within Orange County. The total population is 7,984. It ranks as the 156th most populous out of 681 Census-designated places in Virginia.
Age Demographics
The median age in Lake of the Woods is 52.8 years. This is 35% higher than the state median of 39.0 years. 14.3% of residents are 75 or older, suggesting a significant retirement-age population with implications for healthcare services and senior housing.
Economy, Income & Housing
The median household income in Lake of the Woods is $109,153. This is 17% higher than the state median of $93,170. It is also 35% higher than the national median of $80,734. The poverty rate stands at 5.5%. This is 44% lower than the state poverty rate of 9.9%. The unemployment rate is 0.8%. This is 81% lower than the state rate of 4.3%. The median home value is $399,300. Housing costs are 4% higher than the state median of $383,700. The home-value-to-income ratio is 3.7x. 95.7% of occupied housing units are owner-occupied. This homeownership rate is 42% higher than the state average of 67.3%.
Race & Ethnicity
The largest racial or ethnic group in Lake of the Woods is White (non-Hispanic), making up 73.7% of the population. Hispanic or Latino residents account for 9.7%. The Black or African American population (6.5%) is well below the state average of 18.3%. The Asian population (2.2%) is well below the state average of 6.9%.
Education
45.6% of residents aged 25 and older hold a bachelor's degree or higher. This is 8% higher than the state rate of 42.2%. Nationally, 35.7% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 97.1%. Notably, 19.8% of adults hold a graduate or professional degree, indicating a highly educated workforce.
Data Sources & Methodology
All demographic data for Lake of the Woods, Virginia is sourced from the U.S. Census Bureau's American Community Survey (ACS) 2020–2024 5-Year Estimates. The ACS collects data from approximately 3.5 million households annually and pools five years of responses so that even small communities can be measured, though the margin of error widens as the population falls. Comparisons are made against Virginia state averages and national averages calculated from the same dataset. Rankings reflect the city's position among all 681 Census-designated places in Virginia. Read more about how these figures are produced on our methodology page, or visit data.census.gov for official data.
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Frequently Asked Questions
What is the population of Lake of the Woods, Virginia?
Lake of the Woods, Virginia has a population of 7,984 according to the most recent U.S. Census ACS 5-Year Estimates.
What is the median household income in Lake of the Woods, VA?
The median household income in Lake of the Woods is $109,153, which is 35% higher than the national median of $80,734.
What is the poverty rate in Lake of the Woods, VA?
The poverty rate in Lake of the Woods is 5.5%. This means approximately 443 residents live below the federal poverty line.
What is the racial makeup of Lake of the Woods, Virginia?
Lake of the Woods's population is 73.7% White, 6.5% Black, 9.7% Hispanic/Latino, and 2.2% Asian.
What is the median home value in Lake of the Woods, VA?
The median home value in Lake of the Woods is $399,300. The home-value-to-income ratio is 3.7x.
How educated is Lake of the Woods, Virginia?
45.6% of adults (25+) in Lake of the Woods hold a bachelor's degree or higher, and 19.8% hold a graduate or professional degree.