Lake Ridge is a city in Virginia state in USA with a population of 45111 residents.. The poverty rate of Lake Ridge is 6.1%, which is 56% lower than national average. The typical household in Lake Ridge earns $103608 a year, compared to the national median of $67,500. Nearly 15.4% of households earn less than $50,000 a year compared to 39% national rate.

A high school education is a basic prerequisite for most jobs, and in Lake Ridge, only 91% of adults have a high school diploma, compared to the 87.7% of adults nationwide. The unemployment rate of Lake Ridge remained 4.6%, which is 2% lower than national rate. Higher educational attainment can lead to improved job security and reduce the likelihood of financial insecurity. In Lake Ridge, only 45% of adults have a bachelor's degree and 29% have some college but no degree.

Cost of living in Lake Ridge is 128, which is 28% higher than national average. Median home value in Lake Ridge is $352900 , which is 54% higher than national average. While median income in Lake Ridge remained $103608, which is 53% higher than national average. Not only are incomes low in the town, but it also has a high cost of living, meaning a dollar does not go as far as it might elsewhere.