Lake Ridge, Virginia

Moving to or Living in Lake Ridge Pros and Cons, Cost of Living, Crime Rate, Demographics

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

Explore the life in Lake Ridge based on crime, public schools, cost of living, real estate, housing, properties, job opportunities, and local amenities data and Statistics.

  1. Overview - Life In Lake Ridge
  2. Pros and Cons of Living In Lake Ridge
  3. Crime In Lake Ridge
  4. Cost of Living In Lake Ridge
  5. Gender In Lake Ridge
  6. Household Income For Lake Ridge
  7. Education In Lake Ridge
  8. Race & Ethnicity In Lake Ridge
About Lake Ridge, Virginia
Is Lake Ridge, Virginia a good place to live?
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.
Population
45111
Unemployment
4.6%
2% NAT AVG.
Poverty
6.1%
56% NAT AVG.
Overall Score
7
Median Home
$352900
54% NAT AVG.
Median Income
$103608
53% NAT AVG.
Median Rent
$1862
61% NAT AVG.
Cost Of Living
128
28% NAT AVG.
People Living BPL
1 in 16
Unemployed People
1 in 22
People Earning < $10,000
1 in 63
People Earning < $50,000
15.4%
People with <= High School
1 in 3.8
People With Any Degree
1 in 1.8
Pros & Cons Overview

Jobs85%

Housing90%

Affordability60%

Safety95%

Amenities95%

Diversity100%

Education80%

Commute20%


Cost of Living
Expense Lake Ridge Virginia National Avg.
Services 107 99 100
Groceries 121 98 100
Health 101 98 100
Housing 172 131 100
Transportation 101 93 100
Utilities 97 96 100
Cost of Living
Gender
Gender Lake Ridge Virginia Country
Female 53.4% 50.8% 50.8%
Male 46.6% 49.2% 49.2%
Gender

Household Income


Income Lake Ridge Virginia Country
Less than $10,000 1.6% 4.8% 5.8%
$10,000 to $14,999 2.1% 3.3% 4.1%
$15,000 to $24,999 3.3% 7% 8.5%
$25,000 to $34,999 3.1% 7.1% 8.6%
$35,000 to $49,999 5.3% 10.8% 12.0%
$50,000 to $74,999 13.8% 16.3% 17.2%
$75,000 to $99,999 16.9% 12.9% 12.8%
$100,000 to $149,999 27.6% 17.2% 15.6%
$150,000 to $199,999 13% 9% 7.1%
$200,000 or more 13.3% 11.6% 8.3%
Education


Education Lake Ridge Virginia Country
< 9th Grade 5% 3% 5.0%
9-12th Grade 4% 6% 7.0%
High School or GED 17% 24% 27.0%
Other College 19% 19% 20.0%
Associate's Degree 10% 8% 9%
Bachelor's Degree 24% 22% 20.0%
Master's Degree 17% 13% 9.0%
Professional Degree 2% 3% 2.0%
Doctorate Degree 2% 2% 1.0%
Household Income
Education
Race / Ethnicity


Ethnicity Lake Ridge Virginia Country
White 44% 61.2% 60.1%
African American 22.5% 18.7% 12.2%
American Indian 0.4% 0.2% 0.6%
Asian 9.1% 6.6% 5.6%
Hawaiian 0.1% 0.1% 0.2%
Other 1.1% 0.3% 0.3%
Multiracial 5.1% 3.4% 2.8%
Hispanic 17.8% 9.5% 18.2%
Race / Ethnicity