Housing data for Lake Caroline, VA
Lake Caroline, VA has an estimated 2,862 residents and 1,343 homes (US Census Bureau, 2020–2024 American Community Survey).
It is an unincorporated community in Caroline County.
26.9% of households rent.
The median gross rent is $1,764 a month.
Its population grew measurably since 2015–2019 (+87.9%).
Figures last updated on .
- Residents
- 2,862 (±640)
- Housing units
- 1,343 (±247)
- Households that rent
- 26.9%
- Median gross rent
- $1,764
- Residents since 2015–2019
- +87.9%
What stands out in Lake Caroline
Working from home: 0.7% (±1.6 points) in Lake Caroline, lower than in Caroline County (11.5%).
Median gross rent: $1,764 (±$407) in Lake Caroline, higher than in Caroline County ($1,293).
Homes heated by fuel oil: 0.0% (±3.5 points) in Lake Caroline, lower than in Caroline County (4.6%).
Average commute: 50.2 minutes (±8.8) in Lake Caroline, higher than in Caroline County (37.2 minutes).
Housing in Lake Caroline at a glance
- Median rent: $1,764 median gross rent a month
- Rent burden: 68.0% of renters pay 30% or more of income
- Renters and owners: 26.9% of households rent
- Income and affordability: $73,000 median household income
- Home values: $297,600 median home value
- Homeowner costs: $1,640 median monthly cost with a mortgage
- Property taxes: $1,426 median real estate taxes a year
- Types of homes: 0.0% of homes are in buildings of 5 or more units
- Bedrooms: 77.3% of homes have 3 or more bedrooms (Small sample: wide margin of error)
- Age of homes: 19.8% of homes were built before 1980 (Small sample: wide margin of error)
- Vacancy rate: 21.7% rental vacancy rate (Small sample: wide margin of error)
- Heating fuel: 74.0% heat with electricity
- Commute and cars: 50.2 minutes average trip to work
- Growth: +87.9% residents since 2015–2019
- How long people stay: 35.1% moved in since 2020 (Small sample: wide margin of error)
- Crowding and facilities: 0.0% of homes have more than 1 person per room (Small sample: wide margin of error)
Lake Caroline against Caroline County, its state and the nation
| Lake Caroline | Caroline County | Virginia | United States | |
|---|---|---|---|---|
| Residents | 2,862 (±640) | 32,098 (exact) | 8,705,170 (exact) | 334,922,499 |
| Housing units | 1,343 (±247) | 12,920 (±52) | 3,684,756 (±486) | 143,775,355 |
| Households that rent | 26.9% (±12.6 points) | 17.7% (±2.6 points) | 32.7% (±0.3 points) | 34.8% |
| Median gross rent | $1,764 (±$407) | $1,293 (±$134) | $1,579 (±$8) | $1,413 |
| Median household income | $73,000 (±$8,669) | $87,407 (±$7,737) | $93,170 (±$458) | $80,734 |
| Median home value | $297,600 (±$67,704) | $307,700 (±$16,115) | $383,700 (±$1,024) | $332,700 |
| Median real estate taxes (a year) | $1,426 (±$334) | $1,597 (±$119) | $2,790 (±$10) | $3,119 |
| Built before 1980 | 19.8% (±14.7 points) | 34.2% (±3.7 points) | 43.5% (±0.2 points) | 49.7% |
| Average commute | 50.2 minutes (±8.8) | 37.2 minutes (±2.2) | 27.3 minutes (±0.1) | 26.4 minutes |
| Households with broadband | 95.2% (±5.6 points) | 86.3% (±2.6 points) | 91.0% (±0.1 points) | 91.0% |
| Median age of residents | 32.0 years (±3.3) | 38.9 years (±1.0) | 39.0 years (±0.1) | 38.9 years |
Lake Caroline covers 2.8 square miles of land, about 1,008 residents per square mile (Census Bureau Gazetteer).
How Lake Caroline has changed since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Residents | 1,523 (±403) | 2,862 (±640) | +87.9% | Measurable increase |
| Housing units | 1,003 (±247) | 1,343 (±247) | +33.9% | Not a measurable change |
| Median gross rent | $1,352 (±$51) | $1,764 (±$407) | +30.5% | No measurable change after inflation |
| Median home value | $192,300 (±$29,645) | $297,600 (±$67,704) | +54.8% | No measurable change after inflation |
| Median household income | $51,394 (±$11,165) | $73,000 (±$8,669) | +42.0% | No measurable change after inflation |
| Median owner cost with a mortgage | $1,372 (±$59) | $1,640 (±$177) | +19.5% | No measurable change after inflation |
| Median real estate taxes | $1,401 (±$188) | $1,426 (±$334) | +1.8% | No measurable change after inflation |
| Households that rent | 17.2% (±13.5 points) | 26.9% (±12.6 points) | +9.7 percentage points | Not a measurable change |
| Rental vacancy rate | 0.0% (±23.3 points) | 21.7% (±32.2 points) | +21.7 percentage points | Not a measurable change |
The Census Bureau publishes 2015–2019 dollars in 2019 dollars and 2020–2024 dollars in 2024 dollars.
Prices (the CPI-U, US Bureau of Labor Statistics) rose 22.7% between 2019 and 2024, so a dollar figure’s verdict compares the two after raising the earlier one by that much, using the Census Bureau’s test for a difference.
The two periods do not overlap, as the Census Bureau recommends for 5-year estimates.
Crime reported to police in Caroline County
Lake Caroline has no police department of its own in the FBI’s figures, so this is the figure for Caroline County as a whole.
In 2025, the police departments that report for Caroline County recorded 166 violent and 602 property crimes per 100,000 residents.
A county-wide figure describes the whole county, not this place; crime varies from one community to the next.
Places near Lake Caroline
| Place | Distance | Median gross rent | Median home value | Households that rent |
|---|---|---|---|---|
| Lake Land'Or | 2.8 mi | $1,734 | $302,500 | 11.7% |
| Bowling Green | 10 mi | $751 | $336,300 | 35.7% |
| Spotsylvania Courthouse | 15 mi | $1,398 | $395,700 | 30.2% |
| Ashland | 16 mi | $1,229 | $293,200 | 44.2% |
| Wyndham | 21 mi | $2,258 | $703,000 | 9.0% |
| Mineral | 21 mi | $1,267 | $266,700 | 26.4% |
| Glen Allen | 22 mi | $1,804 | $357,200 | 24.1% |
| Innsbrook | 23 mi | $1,661 | $463,500 | 36.0% |
Places in Virginia most like Lake Caroline
| Place | Median gross rent | Median home value | Median household income | Households that rent |
|---|---|---|---|---|
| Shenandoah Farms | $1,765 | $280,700 | $98,750 | 12.2% |
| Apple Mountain Lake | $1,669 | $369,700 | $131,799 | 19.0% |
| Lake of the Woods | $1,765 | $399,300 | $109,153 | 4.4% |
| Stephens City | $1,210 | $325,100 | $102,593 | 33.0% |
| Shawneeland | $1,469 | $272,900 | $95,337 | 10.0% |
| Dumfries | $1,732 | $331,800 | $82,355 | 21.8% |
Matched on rent, home value, income, the share who rent, the age of the homes, the share in apartment buildings and the commute, each measured against the spread across Virginia.
HUD Fair Market Rent for Lake Caroline, fiscal year 2027
| Studio | 1 bedroom | 2 bedrooms | 3 bedrooms | 4 bedrooms |
|---|---|---|---|---|
| $866 | $1,028 | $1,244 | $1,723 | $2,079 |
HUD income limits for Lake Caroline, fiscal year 2026
| Household size | Extremely low (30%) | Very low (50%) | Low (80%) |
|---|---|---|---|
| 1 person | $21,600 | $36,050 | $57,650 |
| 2 people | $24,700 | $41,200 | $65,850 |
| 3 people | $27,800 | $46,350 | $74,100 |
| 4 people | $33,000 | $51,450 | $82,300 |
| 5 people | $38,680 | $55,600 | $88,900 |
| 6 people | $44,360 | $59,700 | $95,500 |
| 7 people | $50,040 | $63,800 | $102,100 |
| 8 people | $55,720 | $67,950 | $108,650 |
These are the limits HUD sets for its housing programs in the Caroline County, VA, where HUD’s median family income for fiscal year 2026 is $102,900.
A program can use its own limits; tax-credit and local programs often do.
Lake Caroline is a census-designated place: an unincorporated community the Census Bureau draws for statistics, with no municipal government of its own.
Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.
Margins of error are at the 90% confidence level.
What you can do on Seayora in Lake Caroline
One account for renting, owning, managing and fixing homes, with these figures beside you.
Own or manage a rental?
List it, sign the lease and collect rent online, with the figures for Lake Caroline beside you.
Create a landlord account · See what landlords get
Looking for a place to rent?
Browse homes for rent near Lake Caroline, save the ones you like and apply online.
Browse rentals · Create a renter account
Do repairs, renovations or maintenance?
Get found by owners and renters near Lake Caroline, and send estimates and invoices from your phone.
Questions about Lake Caroline
What is the average rent in Lake Caroline, VA?
The Census Bureau publishes the median rather than the average: the median gross rent in Lake Caroline is $1,764 (±$407) a month (2020–2024 American Community Survey), so half of renting households pay less and half pay more.
Are renters in Lake Caroline rent-burdened?
68.0% of renting households in Lake Caroline pay 30% or more of their income in gross rent, the share housing researchers usually call rent-burdened (2020–2024 American Community Survey).
How many renters are there in Lake Caroline?
Lake Caroline has an estimated 306 (±157) renting households, 26.9% of its occupied homes (2020–2024 American Community Survey).
What is the median household income in Lake Caroline?
The median household income in Lake Caroline is $73,000 (±$8,669) a year (2020–2024 American Community Survey).
What is the average home value in Lake Caroline, VA?
The Census Bureau publishes the median: $297,600 (±$67,704) for owner-occupied homes in Lake Caroline (2020–2024 American Community Survey).
What is the average mortgage payment in Lake Caroline?
The Census Bureau publishes total owner costs rather than the mortgage alone: the median for owners with a mortgage in Lake Caroline, VA is $1,640 (±$177) a month, including taxes, insurance and utilities.
Is Lake Caroline growing?
In Lake Caroline, the number of residents went from 1,523 in 2015–2019 to 2,862 in 2020–2024 (+87.9%), a measurable increase.
Sources
- Demographic and Housing Estimates (DP05), 2020–2024 ACS 5-year estimates — Lake Caroline CDP, Virginia
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Lake Caroline CDP, Virginia
- Selected Economic Characteristics (DP03), 2020–2024 ACS 5-year estimates — Lake Caroline CDP, Virginia
- Median Real Estate Taxes Paid by Mortgage Status (B25103), 2020–2024 ACS 5-year estimates — Lake Caroline CDP, Virginia
- Selected Social Characteristics (DP02), 2020–2024 ACS 5-year estimates — Lake Caroline CDP, Virginia
- Total Population (B01003), 2015–2019 ACS 5-year estimates — Lake Caroline CDP, Virginia
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — Lake Caroline CDP, Virginia
- HUD Fair Market Rents, fiscal year 2027: Caroline County, VA
- HUD Income Limits, fiscal year 2026: Caroline County, VA
- Consumer Price Index for All Urban Consumers (CPI-U), US city average, all items, US Bureau of Labor Statistics: annual averages 2019 and 2024
- US Census Bureau, 2024 Gazetteer Files
To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) for Lake Caroline CDP, Virginia (place:43359, in state:51).
Each estimate (E or PE) has a margin of error beside it (M or PM).
The 2015–2019 figures are B01003_001E, B01003_001M, B25064_001E, B25064_001M from the 2019 release.
The API needs a free key.
DP05_0001E, DP05_0001M, DP04_0001E, DP04_0001M, DP04_0047PE, DP04_0047PM, DP04_0134E, DP04_0134M, DP03_0062E, DP03_0062M, DP04_0089E, DP04_0089M
This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.
Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.
Figures last updated on .