A+
35%
Income/capita NAT. AVG.
52%
Household income NAT. AVG.
49%
Unemployment NAT. AVG.
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IndexLake of the WoodsVirginiaNational
Income per capita$40,237$34,967$29,829
Median household income$83,845$66,149$55,322
Median income owner occupied$83,977$82,180$70,586
Median income renter occupied$0$42,481$35,192
Median earnings male$47,426$41,712$36,919
Median earnings female$36,329$29,664$26,250
Unemployment rate2.4%3.8%4.7%
Poverty level11.4%11.4%15.1%
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Key findings

  • The income per capita in Lake of the Woods is 35% higher than the national average
  • The median household income in Lake of the Woods is 52% higher than the national average
  • Male median earnings are 41% higher than female median earnings
  • The unemployment rate in Lake of the Woods is 49% lower than the national average
  • The poverty level in Lake of the Woods is 24% lower than the national average

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      am i middle class

      $
      Input your household income
      $55,891 $83,845 $167,690
      City
      $44,094 $66,149 $132,298
      State
      $36,877 $55,322 $110,644
      Nation
      According to the PEW research center, the middle class is defined as a range from two thirds (2/3) of the median household income to a multiple of two (2) times the median household income. Displayed above are the city, state and national median household income averages. Simply enter your median household income to determine if your income falls into the middle class or if your household income is considered upper or lower class.

      Lake of the Woods median earnings by income bracket

      Lake of the Woods employment by industry

      Labour TypeMaleFemale
      Construction industry15.6%15.6%
      Manufacturing sector11.8%11.8%
      Financial & insurance services3.0%3.0%
      Wholesale & retail services20.2%20.2%
      Public administration10.5%10.5%
      Transportation, warehousing & utilities6.2%6.2%
      Education, health & social services5.1%5.1%
      Other19.7%19.7%

      Nearby cities with high median household income

      City Population Household Income National Avg.
      Laurel Hill, VA8,771$113,750105.6%
      Lake Wilderness, VA2,837$113,083104.4%
      Culpeper, VA18,633$73,10032.1%
      Fredericksburg, VA29,059$69,52825.7%
      Spotsylvania Courthouse, VA5,027$64,50716.6%
      Lake of the Woods, VA8,565$83,84551.6%

      Cities with similar population

      City Population Household Income National Avg.
      Thompsonville, CT8,563$50,4178.9%
      Monroe, NY8,567$92,74467.6%
      Sitka, AK8,569$81,70847.7%
      Hoquiam, WA8,570$44,19120.1%
      Otterburn Park, QC8,571n/a 
      Lake of the Woods, VA8,565$83,84551.6%
      Source: The Lake of the Woods, VA employment data displayed above is derived from the United States Census Bureau American Community Survey (ACS).