Lake Wilderness, VA
Population 3,255 · Virginia
About Lake Wilderness, VA
Lake Wilderness is a small town located in Virginia with a population of 3,255 residents according to the latest US Census Bureau American Community Survey data. The median household income is $115,781 per year, which is 54% above the national median of $75,149. The median age of 34.2 years is notably younger the US median age of 38.9 years, indicating a younger, often more dynamic population base.
Housing Market Overview
The housing market in Lake Wilderness features a median home value of $325,700, which is 33% above the national median of $244,900. This positions Lake Wilderness in a moderately priced market relative to the rest of the country. Median monthly rent is $1,744, 50% above the national average of $1,163/month. Of the 1,065 total housing units, 89% are owner-occupied (947 units) and 11% are renter-occupied (113 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Lake Wilderness shows an unemployment rate of 4.3%, which is near the national rate of 3.7%. The poverty rate stands at 0.4%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Lake Wilderness have an average one-way commute time of 40.9 minutes, suggesting many residents commute to jobs in a nearby metro area.
Education & Demographics
26.9% of Lake Wilderness residents aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. This is in line with national trends in educational attainment. The community's demographic composition includes 2.4% White, 0.8% Hispanic or Latino, 2.4% Black or African American, and 3.0% Asian residents, with 5.5% of the population being foreign-born.
Cost of Living in Lake Wilderness, VA
Compared to national averages, Lake Wilderness has a median household income of $115,781 (54% above the national median of $75,149). Home values average $325,700, which is 33% above the national median. Monthly rent at $1,744 is 50% above the US average of $1,163. Within Virginia, Lake Wilderness's income is 32% above the state average of $87,957, and home values are 1% below the state median of $327,514.
Why Live in Lake Wilderness, VA?
Lake Wilderness offers a strong local economy with a median household income of $115,781, well above the national average, and a low poverty rate of 0.4%, better than the national average.
Lake Wilderness has a population of 3,255 with a median age of 34.2 years. Compare Lake Wilderness with other cities to see how it stacks up, or explore all cities in Virginia.
Similar Cities Near Lake Wilderness
Cities in Virginia with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Marshall | 3,213 | $98,702 | $411,700 | Compare |
| Chincoteague | 3,300 | $62,292 | $329,200 | Compare |
| Blackstone | 3,341 | $58,479 | $185,600 | Compare |
| Daleville | 3,166 | $99,028 | $340,300 | Compare |
| Altavista | 3,356 | $45,962 | $135,000 | Compare |
| Lebanon | 3,133 | $57,578 | $161,900 | Compare |
| Shenandoah | 3,131 | $68,594 | $187,300 | Compare |
| One Loudoun | 3,126 | $250,001 | $843,000 | 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.
Compare Lake Wilderness With Other Cities
Frequently Asked Questions about Lake Wilderness
What is the population of Lake Wilderness, VA?
The population of Lake Wilderness, VA is 3,255 according to the latest US Census Bureau American Community Survey estimates. This makes it a small town in Virginia.
What is the median household income in Lake Wilderness?
The median household income in Lake Wilderness, VA is $115,781 per year, which is 54% above the national median of $75,149.
What is the median home value in Lake Wilderness?
The median home value in Lake Wilderness, VA is $325,700, which is 33% above the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Lake Wilderness?
The median monthly rent in Lake Wilderness, VA is $1,744, which is 50% above the national average of $1,163/month.
What is the unemployment rate in Lake Wilderness?
The unemployment rate in Lake Wilderness, VA is 4.3%, compared to the national average of 3.7%. Job seekers may want to research the dominant industries in the area.
Is Lake Wilderness, VA a good place to live?
Lake Wilderness offers above-average incomes, a competitive housing market, and growing employment opportunities. With a population of 3,255 and a median age of 34.2, the city appeals to young professionals and families.
How educated is Lake Wilderness, VA?
26.9% of residents in Lake Wilderness aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. The educational profile reflects the area's industry mix and employment landscape.
What is the cost of living in Lake Wilderness?
Key cost-of-living indicators for Lake Wilderness, VA: median home value is $325,700 (33% above national), median rent is $1,744/month, and median household income is $115,781. The home-value-to-income ratio is 2.8x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Lake Wilderness?
The poverty rate in Lake Wilderness, VA is 0.4%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Lake Wilderness, VA?
Lake Wilderness's population is 2.4% White, 0.8% Hispanic or Latino, 2.4% Black or African American, 3.0% Asian, and 12.1% two or more races. 5.5% of residents are foreign-born.