Lake Caroline

Population: 2,708
Median household income: $88,222
Median home value: $291,300

Lake Caroline is a community in Caroline County, Virginia, home to 2,708 residents. Its median household income of $88,222 runs in line with the Caroline County figure of $86,267.

Between 2019 and 2023, Lake Caroline's population grew 77.8% from 1,523 to 2,708, while its median home value rose 51.5% from $192,300 to $291,300.

Households average 2.67 people. The median gross rent is $1,634.

Demographics

ACS 2019–2023

Population: 2,708
Median age: 30.4 yrs
Median household income: $88,222
Median home value: $291,300
Median gross rent: $1,634
Housing units: 1,210
Homeownership rate: 80.4%
Bachelor's degree or higher: 31.6%
Unemployment rate: 0.0%

Trends

ACS 5-year · 2019–2023

Population

1,5232,708

Median household income

$51,394$88,222

Median home value

$192,300$291,300

Median gross rent

$1,352$1,634

Year	Population	Median household income	Median home value	Median gross rent
2019	1,523	$51,394	$192,300	$1,352
2020	1,423	$60,820	$204,800	$1,306
2021	1,454	$67,768	$256,800	$1,684
2022	2,652	$83,371	$285,800	$1,410
2023	2,708	$88,222	$291,300	$1,634

Each year is a US Census Bureau ACS 5-year estimate ending that year.

Age distribution

Under 53.5%

5 to 1727.0%

18 to 243.0%

25 to 3425.6%

35 to 4414.8%

45 to 546.0%

55 to 646.5%

65 to 7411.8%

75 and over1.7%

	Count	Share
Under 5	95	3.5%
5 to 17	732	27.0%
18 to 24	81	3.0%
25 to 34	694	25.6%
35 to 44	401	14.8%
45 to 54	163	6.0%
55 to 64	176	6.5%
65 to 74	319	11.8%
75 and over	47	1.7%

Race & ethnicity

	Count	Share
White (non-Hispanic)	1,620	59.8%
Black or African American	567	20.9%
American Indian & Alaska Native	0	0.0%
Asian	0	0.0%
Native Hawaiian & Pacific Islander	0	0.0%
Some other race	0	0.0%
Two or more races	47	1.7%
Hispanic or Latino (any race)	474	17.5%

Educational attainment (age 25+)

No high school diploma13.5%

High school graduate29.3%

Some college or associate's25.6%

Bachelor's degree18.3%

Graduate or professional degree13.3%

	Count	Share
No high school diploma	243	13.5%
High school graduate	528	29.3%
Some college or associate's	460	25.6%
Bachelor's degree	330	18.3%
Graduate or professional degree	239	13.3%

Commute to work

Mean travel time to work: 51 min

Drove alone86.8%

Carpooled11.5%

Public transit0.0%

Walked0.0%

Bicycle0.0%

Worked from home1.7%

Other means0.0%

How workers get to work

	Count	Share
Drove alone	1,275	86.8%
Carpooled	169	11.5%
Public transit	0	0.0%
Walked	0	0.0%
Bicycle	0	0.0%
Worked from home	25	1.7%
Other means	0	0.0%

Travel time

	Count	Share
Under 15 min	117	8.1%
15 to 29 min	144	10.0%
30 to 44 min	427	29.6%
45 to 59 min	230	15.9%
60+ min	526	36.4%

Households

Average household size: 2.67
Poverty rate: 21.4% (580 of 2,708)

	Count	Share
Family households	699	68.9%
Nonfamily households	316	31.1%

Housing

Median year structure built: 2000

Occupancy

	Count	Share
Occupied	1,015	83.9%
Vacant	195	16.1%

Tenure (of occupied units)

	Count	Share
Owner-occupied	816	80.4%
Renter-occupied	199	19.6%

1-unit, detached100.0%

1-unit, attached0.0%

2 to 4 units0.0%

5 to 19 units0.0%

20 or more units0.0%

Mobile home & other0.0%

Units in structure

	Count	Share
1-unit, detached	1,210	100.0%
1-unit, attached	0	0.0%
2 to 4 units	0	0.0%
5 to 19 units	0	0.0%
20 or more units	0	0.0%
Mobile home & other	0	0.0%

Geography

Place GEOID: 5143359
Type (LSAD): 57
Land area: 2.84 sq mi
Water area: 0.44 sq mi
Center point: 37.9873, -77.5195