Living in Lake Ridge, Virginia
Cost of living, income, home prices, rent and demographics of Lake Ridge · Census data 2020–2024
Lake Ridge has 46,049 residents with a median age of 38. The median household income is $127,154 (36% higher than the Virginia median), the median home value is $471,200, the median rent is $2,033/month.
Lake Ridge at a glance
- Population
- 46,049
- Median age
- 38State: 39
- Median household income
- $127,154State: $93,170
- Median home value
- $471,200State: $383,700
- Median rent
- $2,033/moState: $1,579
- Homeowners
- 76.4%
- Bachelor's degree or higher
- 50%
- Average commute
- 36 min
Is Lake Ridge a good place to live?
Pros: Median household income 36% higher than the Virginia median; unemployment of 4%; a poverty rate of 5.8%.
Cons: Home values 23% higher than the state median; an average commute of 36 minutes.
The weather is best in May–June and August–September.
Cost of living in Lake Ridge
Housing is the biggest part of the cost of living. In Lake Ridge the median home value is $471,200, 42% higher than the U.S. median. Renters pay a median of $2,033 per month, which is 27% of household income. Homeowners with a mortgage pay $2,387 a month in housing costs.
Lake Ridge median household income
The median household income in Lake Ridge is $127,154 and the income per person is $52,155. 5.8% of residents live below the poverty line (Virginia: 9.9%).
Housing in Lake Ridge: homes for sale and rent
- Housing units
- 16,366
- Owner-occupied
- 76.4%
- Renter-occupied
- 23.6%
- Vacant
- 2.1%Includes seasonal homes
- Median year built
- 1986
- Average household size
- 2.87
Lake Ridge demographics
- Population
- 46,049
- Median age
- 38
- Under 18
- 24.8%
- 65 and older
- 13.3%
- Households
- 16,015
- Foreign-born
- 25%
- Veterans
- 12.3%Adults 18+
Hispanic or Latino can be of any race. Population history of Lake Ridge ›
Education in Lake Ridge
50% of adults 25 and older in Lake Ridge have a bachelor's degree or higher (Virginia: 42.2%), and 21.2% have a graduate or professional degree.
Jobs and commute in Lake Ridge
- Unemployment rate
- 4%State: 4.3%
- Average commute
- 36 minState: 27 min
- Work from home
- 19.9%
- Drive alone
- 66.9%
- Public transit
- 2.1%
- Walk to work
- 0.7%
- Homes with broadband
- 96.9%
Lake Ridge vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Lake Ridge | 46,049 | $127,154 | $471,200 | $2,033 |
| Potomac Mills | 5,741 | $104,545 | $582,700 | $1,956 |
| Occoquan | 910 | $134,323 | $496,500 | $1,880 |
| County Center | 3,789 | $152,356 | $588,900 | $1,918 |
| Dale City | 71,016 | $111,994 | $425,500 | $1,876 |
| Crosspointe | 5,669 | $250,001 | $951,400 | $3,501 |
| Laurel Hill | 7,450 | $155,667 | $696,000 | $2,413 |
| Woodbridge | 43,945 | $104,741 | $422,400 | $2,101 |
| South Run | 6,600 | $250,001 | $978,500 | $3,501 |
More for people moving to Lake Ridge
Lake Ridge ZIP code ›Weather and climate ›Living in Lake Ridge: FAQ
What is the median household income in Lake Ridge, VA?
The median household income in Lake Ridge is $127,154, 36% higher than the Virginia median of $93,170 (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
What is the average home price in Lake Ridge?
The median home value in Lake Ridge is $471,200, compared with $383,700 in Virginia.
How much is rent in Lake Ridge?
The median gross rent in Lake Ridge is $2,033 per month, about 27% of household income.
Is Lake Ridge, VA a good place to live?
Pluses: median household income 36% higher than the Virginia median; unemployment of 4%; a poverty rate of 5.8%. Minuses: home values 23% higher than the state median; an average commute of 36 minutes.
What is the median age in Lake Ridge?
The median age in Lake Ridge is 38 years (Virginia: 39).
How long is the commute in Lake Ridge?
The average commute to work in Lake Ridge is 36 minutes; 19.9% of workers work from home.
What is the unemployment rate in Lake Ridge?
The unemployment rate in Lake Ridge is 4% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Lake Ridge?
50% of adults in Lake Ridge have a bachelor's degree or higher.
Source: U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024 (margins of error apply, especially in small towns). Figures are in 2024 dollars.
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