Lake Ridge, VA
Population 45,007 · Virginia
About Lake Ridge, VA
Lake Ridge is a mid-sized city in Virginia with a population of 45,007 residents. The median household income is $120,844 per year, which is above the national average. The median age in Lake Ridge is 37.4 years.
Housing in Lake Ridge has a median home value of $452,800 and median monthly rent of $2,011. Of the 16,251 total housing units, the majority are owner-occupied, with 11,967 owner-occupied and 3,765 renter-occupied units.
The unemployment rate in Lake Ridge is 3.9% and the poverty rate is 5.8%. 50.5% of residents hold a bachelor's degree or higher. The average commute time is 38.5 minutes.
How Lake Ridge Ranks in Virginia
Cost of Living in Lake Ridge, VA
Compared to national averages, Lake Ridge has a median household income of $120,844 (61% above the national median of $75,149). Home values average $452,800, which is 85% above the national median. Monthly rent at $2,011 is 73% above the US average of $1,163. Within Virginia, Lake Ridge's income is 37% above the state average of $87,957, and home values are 38% above the state median of $327,514.
Why Live in Lake Ridge, VA?
Lake Ridge offers a strong local economy with a median household income of $120,844, well above the national average, and a well-educated community where 50.5% of residents hold a bachelor’s degree or higher, and a low poverty rate of 5.8%, better than the national average.
Potential considerations include a competitive housing market where the typical home costs $452,800. However, Lake Ridge’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Lake Ridge has a population of 45,007 with a median age of 37.4 years. Compare Lake Ridge with other cities to see how it stacks up, or explore all cities in Virginia.
Similar Cities Near Lake Ridge
Cities in Virginia with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Blacksburg | 45,288 | $48,070 | $417,200 | Compare |
| Ashburn | 45,551 | $152,094 | $659,000 | Compare |
| Charlottesville | 45,863 | $69,829 | $448,400 | Compare |
| Woodbridge | 43,443 | $100,370 | $395,400 | Compare |
| Burke | 43,336 | $179,063 | $696,800 | Compare |
| Manassas | 42,674 | $117,919 | $434,700 | Compare |
| Danville | 42,239 | $42,778 | $110,200 | Compare |
| Linton Hall | 42,077 | $170,989 | $594,200 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in Virginia
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
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Frequently Asked Questions about Lake Ridge
What is the population of Lake Ridge, VA?
The population of Lake Ridge, VA is 45,007 according to the latest Census data.
What is the median household income in Lake Ridge?
The median household income in Lake Ridge, VA is $120,844 per year.
What is the median home value in Lake Ridge?
The median home value in Lake Ridge, VA is $452,800.
What is the average rent in Lake Ridge?
The median monthly rent in Lake Ridge, VA is $2,011.
What is the unemployment rate in Lake Ridge?
The unemployment rate in Lake Ridge, VA is 3.9%.