Pros and Cons of Living In Lake Ridge, Virginia. Is Lake Ridge, VA a Nice Place To Live or Retire?

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Lake Ridge, Virginia

Moving to Lake Ridge In Virginia ? Is Lake Ridge, VA a Nice Place To Live? Pros and Cons of Living in Lake Ridge, Virginia. Find out the best and worst about to live, raise a family or retire in Lake Ridge.

DEMOGRAPHICS

Population
45111
Unemployment
4.6%
2% NAT AVG.
Poverty
6.1%
56% NAT AVG.
Cost Of Living
128
28% NAT AVG.

ECONOMICS

Median Home Cost
$352900
54% NAT AVG.
Median Income
$103608
53% NAT AVG.
Median Rent
$1862
61% NAT AVG.
Overall Score
7

CRIME REPORT

SOCIO-ECONOMICS

People Living Below BPL
1 in 16
Unemployed People
1 in 22
People Earning < $10,000
1 in 63
People Earning < $50,000
15.4%
People With Any Degree
1 in 1.8

ETHNICITY

Ethnicity Lake Ridge USA
White 44% 60.1%
African American 22.5% 12.2%
American Indian 0.4% 0.6%
Asian 9.1% 5.6%
Hawaiian 0.1% 0.2%
Multiracial 5.1% 2.8%
Hispanic 17.8% 18.2%
Other 1.1% 0.3%

HOUSEHOLD INCOME

HOUSEHOLD INCOME Lake Ridge USA
Less than $10,000 1.6% 5.8%
$10,000 to $14,999 2.1% 4.1%
$15,000 to $24,999 3.3% 8.5%
$25,000 to $34,999 3.1% 8.6%
$35,000 to $49,999 5.3% 12.0%
$50,000 to $74,999 13.8% 17.2%
$75,000 to $99,999 16.9% 12.8%
$100,000 to $149,999 27.6% 15.6%
$150,000 to $199,999 13% 7.1%

EDUCATION

Education Lake Ridge USA
< 9th Grade 5% 5.0%
9-12th Grade 4% 7.0%
High School or GED 17% 27.0%
Other College 19% 20.0%
Associate's Degree 10% 9%
Bachelor's Degree 24% 20.0%
Master's Degree 17% 9.0%
Professional Degree 2% 2.0%
Doctorate Degree 2% 1.0%
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. The unemployment rate of Lake Ridge remained 4.6%, which is 2% lower than national rate.

Cost of living in Lake Ridge is 128, which is 28% higher than national average. In Lake Ridge, only 45% of adults have a bachelor's degree and 29% have some college but no degree. 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.
Lake Ridge Scorecard

Jobs85%

Housing90%

Affordability60%

Safety95%

Amenities95%

Diversity100%

Education80%

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