Lake Ridge, VA

Census Place

2024 Population

46,049

US Senator

Mark Warner

Democratic Party

US Senator

Tim Kaine

Democratic Party

2024 Median Age

1.6% 1-year increase

2024 Poverty Rate

5.82%

0.802% 1-year increase

2024 Median Household Income

$127,154

5.22% 1-year growth

2024 Median Property Value

$471,200

Population & Diversity

Lake Ridge, VA is home to a population of 46k people, from which 91.4% are citizens.

As of 2024, 25% of Lake Ridge, VA residents were born outside of the country (11.5k people).

In 2024, there were 2.2 times more White (Non-Hispanic) residents (19.5k people) in Lake Ridge, VA than any other race or ethnicity. There were 8.83k Black or African American (Non-Hispanic) and 4.08k Asian (Non-Hispanic) residents, the second and third most common ethnic groups.

Population & Diversity

Citizenship

91.4%

2024 Citizenship

91.7%

2023 Citizenship

As of 2024, 91.4% of Lake Ridge, VA residents were US citizens, which is lower than the national average of 93.2%. In 2023, the percentage of US citizens in Lake Ridge, VA was 91.7%, meaning that the rate of citizenship has been decreasing.

The following chart shows US citizenship percentages in Lake Ridge, VA compared to that of it's neighboring and parent geographies.

Diversity

Race and Ethnicity

The 3 largest ethnic groups in Lake Ridge, VA

White (Non-Hispanic)
19.5k ± 1.25k
Black or African American (Non-Hispanic)
8.83k ± 1.53k
Asian (Non-Hispanic)
4.08k ± 877

21.2%

Hispanic Population

9.78k people

21.2% of the people in Lake Ridge, VA are hispanic (9.78k people).

The following chart shows the 8 races represented in Lake Ridge, VA as a share of the total population.

Global Diversity

The PUMS dataset is not available at the Place level, so we are showing data for Virginia.

Most Common Origin

El Salvador
108,778 ± 8,047 people
India
98,440 ± 7,659 people
Mexico
58,677 ± 5,927 people

In 2024, the most common birthplace for the foreign-born residents of Virginia was El Salvador, the natal country of 108,778 Virginia residents, followed by India with 98,440 and Mexico with 58,677.

Foreign-Born Population

25%

2024 Foreign-Born Population

11.5k people

24.8%

2023 Foreign-Born Population

11.1k people

As of 2024, 25% of Lake Ridge, VA residents (11.5k people) were born outside of the United States, which is approximately the same as the national average of 14%. In 2023, the percentage of foreign-born citizens in Lake Ridge, VA was 24.8%, meaning that the rate has been increasing.

The following chart shows the percentage of foreign-born residents in Lake Ridge, VA compared to that of it's neighboring and parent geographies.

Military

Veterans

Most Common Service Period

Gulf War (2001-)
2,119 ± 356
Gulf War (1990s)
792 ± 198
Vietnam
731 ± 184

Lake Ridge, VA has a large population of military personnel who served in Gulf War (2001-), 2.68 times greater than any other conflict.

The chart shows the distribution of veterans by conflict in Lake Ridge, VA.

Economy

The economy of Lake Ridge, VA employs 24k people. In 2024, the largest industries in Lake Ridge, VA were Public Administration (3,252 people), Professional, Scientific, & Technical Services (3,214 people), and Educational Services (2,771 people), and the highest paying industries were Public Administration ($129,167), Utilities ($123,523), and Manufacturing ($99,667).

Employment

Occupations

24k

2024 Value

± 1,313

3.45%

1 Year growth

± 7.44%

From 2023 to 2024, employment in Lake Ridge, VA grew at a rate of 3.45%, from 23.2k employees to 24k employees.

The most common job groups, by number of people living in Lake Ridge, VA, are Management Occupations (3,321 people), Office & Administrative Support Occupations (2,604 people), and Business & Financial Operations Occupations (2,563 people). This chart illustrates the share breakdown of the primary jobs held by residents of Lake Ridge, VA.

Unemployment Insurance Claims

Data is only available at the state level. Showing data for Virginia.

This chart shows weekly unemployment insurance claims in Virginia (not-seasonally adjusted) compared with the four states with the most similar impact.

The most recent data point uses Advance State Claims data, which can be revised in subsequent weeks.

Industries

Employment by Industries

24k

2024 Value

± 1,313

3.45%

1 Year growth

± 7.44%

From 2023 to 2024, employment in Lake Ridge, VA grew at a rate of 3.45%, from 23.2k employees to 24k employees.

The most common employment sectors for those who live in Lake Ridge, VA, are Public Administration (3,252 people), Professional, Scientific, & Technical Services (3,214 people), and Educational Services (2,771 people). This chart shows the share breakdown of the primary industries for residents of Lake Ridge, VA, though some of these residents may live in Lake Ridge, VA and work somewhere else. Census data is tagged to a residential address, not a work address.

Median Earnings by Industry

$80,421

Median earning men ± $5,423

$56,820

Median earning women ± $6,443

The industries with the best median earnings for men in 2024 are Public Administration ($140,048), Manufacturing ($116,228), and Professional, Scientific, & Management, & Administrative & Waste Management Services ($96,179).

The industries with the best median earnings for women in 2024 are Public Administration ($120,917), Transportation & Warehousing, & Utilities ($97,022), and Construction ($67,744).

Housing & Living

The median property value in Lake Ridge, VA was $471,200 in 2024, which is 1.42 times larger than the national average of $332,700. Between 2023 and 2024 the median property value increased from $452,800 to $471,200, a 4.06% increase. The homeownership rate in Lake Ridge, VA is 76.4%, which is higher than the national average of 65.2%.

People in Lake Ridge, VA have an average commute time of 35.7 minutes, and they drove alone to work. Car ownership in Lake Ridge, VA is approximately the same as the national average, with an average of 2 cars per household.

Housing

Property

$471,200

Median Property Value 2024

±$9,325

$12,238

Median Property Taxes

±$671

The following chart display owner-occupied housing units distributed between a series of property tax buckets compared to the national averages for each bucket. In Lake Ridge, VA the largest share of households pay taxes in the $3k+ range.

The chart underneath the paragraph shows the property taxes in Lake Ridge, VA compared to it's parent and neighbor geographies.

Rent vs Own

76.4%

Homeownership

2024

69.3%

Homeowners with Mortgage

2024

In 2024, 76.4% of the housing units in Lake Ridge, VA were occupied by their owner. This percentage grew from the previous year's rate of 76.1%.

This chart shows the percentage of owner in Lake Ridge, VA compared it's parent and neighboring geographies.

Equity

Household Income

Please note that the buckets used in this visualization were not evenly distributed by ACS when publishing the data.

$127,154

Median Household Income

± $5,913

16k

Number of Households

± 923

In 2024, the median household income of the 16k households in Lake Ridge, VA grew to $127,154 from the previous year's value of $120,844.

The following chart displays the households in Lake Ridge, VA distributed between a series of income buckets compared to the national averages for each bucket. The largest share of households have an income in the $200k+ range.

Wage Distribution

The closest comparable wage GINI for Lake Ridge, VA is from Virginia.

0.47

2024 Wage GINI in Virginia

0.472

2023 Wage GINI in Virginia

In 2024, the income inequality in Virginia was 0.47 according to the GINI calculation of the wage distribution. Income inequality had a 0.376% decline from 2023 to 2024, which means that wage distribution grew somewhat more even. The GINI for Virginia was lower than than the national average of 0.474. In other words, wages are distributed more evenly in Virginia in comparison to the national average.

This chart shows the number of workers in Virginia across various wage buckets compared to the national average.

Transportation

Commuter Transportation

Most Common Commute in 2024

Drove Alone (66.9%)
Worked At Home (19.9%)
Carpooled (9.45%)

In 2024, 66.9% of workers in Lake Ridge, VA drove alone to work, followed by those who worked at home (19.9%) and those who carpooled to work (9.45%).

The following chart shows the number of households using each mode of transportation over time, using a logarithmic scale on the y-axis to help better show variations in the smaller means of commuting.

Commute Time

35.7 minutes

Average Travel Time

Using averages, employees in Lake Ridge, VA have a longer commute time (35.7 minutes) than the normal US worker (26.4 minutes). Additionally, 2.59% of the workforce in Lake Ridge, VA have "super commutes" in excess of 90 minutes.

The chart below shows how the median household income in Lake Ridge, VA compares to that of it's neighboring and parent geographies.

Car Ownership

2 cars

Average Number

The following chart displays the households in Lake Ridge, VA distributed between a series of car ownership buckets compared to the national averages for each bucket. The largest share of households in Lake Ridge, VA have 2 cars.

Poverty

Poverty & Diversity

5.82% of the population for whom poverty status is determined in Lake Ridge, VA (2.67k out of 45.8k people) live below the poverty line, a number that is lower than the national average of 12.5%. The largest demographic living in poverty are Females 35 - 44, followed by Females 18 - 24 and then Males 45 - 54.

The most common racial or ethnic group living below the poverty line in Lake Ridge, VA is Black, followed by Hispanic and Other.

The Census Bureau uses a set of money income thresholds that vary by family size and composition to determine who classifies as impoverished. If a family's total income is less than the family's threshold than that family and every individual in it is considered to be living in poverty.

Social Needs

Data only available at the state level.

Most prevalent states

California
35,798 individuals
New York
5,087 individuals

In 2017, California had the highest estimated number of chronically homeless individuals in the nation, at 35,798, followed by New York (5,087).

The following map shows the estimated number of chronically homeless individuals by state over multiple years.

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