Income & Economy in Lake Caroline, VA

Household income, poverty rates, employment, and economic data — 2023 ACS Data

Income Overview

Source: U.S. Census Bureau ACS (2023)

Median Household Income

$88,222

+20% vs national

Per Capita Income

$37,872

+2% vs national

Poverty Rate

21.4%

+58% vs national

Gini Index

0.3392

0 = perfect equality

Unemployment

0.0%

-100% vs national

SNAP Recipients

12.4%

of households

How Lake Caroline Compares

Source: Census ACS (2023)

Lake Caroline vs Similar Cities

Source: Census ACS (2023)

Compared to cities with under 10,000 residents. Lake Caroline is highlighted.

Median Household Income

Per Capita Income

Poverty Rate

Unemployment Rate

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Where Do You Stack Up?

Enter your household income to see how you compare to other households in Lake Caroline. The median household income here is $88,222.

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Income Distribution

Source: U.S. Census Bureau ACS (2023)
<$25K
6.9%
$25-50K
8.1%
$50-75K
23.1%
$75-100K
22.6%
$100-150K
18.0%
$150-200K
16.4%
$200K+
4.8%

Employment Snapshot

Source: U.S. Census Bureau ACS (2023)

Unemployment Rate

0.0%

-100% vs VA avg

Labor Force

1,469

Employed

1,469

How People Get to Work

Source: Census ACS (2023)

Employment by Sector

Source: Census ACS (2023)

Education & Workforce

Source: U.S. Census Bureau ACS (2023)

Bachelor's Degree+

21.0%

of adults 25+

High School Diploma+

40.5%

of adults 25+

Median Age

30.4

Work from Home

1.7%

of workers

The median household income in Lake Caroline, VA is $88,222, which is 20.5% above the national average of $73,224. Per capita income is $37,872. The poverty rate of 21.4% is higher than the VA state average of 12.2%. The Gini index of income inequality is 0.3392, where 0 represents perfect equality and 1 represents maximum inequality. The unemployment rate is 0.0%, compared to the state average of 4.5%. 21.0% of adults hold a bachelor's degree or higher.