What percentage of people rent in Lake Caroline, VA?

Name: Renters and owners in Lake Caroline, VA, 2020–2024
Creator: US Census Bureau
License: https://www.census.gov/data/developers/about/terms-of-service.html

26.9% (±12.6 points) of the occupied homes in Lake Caroline, VA are rented (2020–2024 American Community Survey).

That is 306 renting households against 830 that own their home.

In Lake Caroline, the share of households that rent went from 17.2% in 2015–2019 to 26.9% in 2020–2024 (+9.7 percentage points), not a measurable change.

Figures last updated on November 12, 2026.

Households that rent: 26.9% (±12.6 points)
Renting households: 306 (±157)
Median renter income: $64,051 (±$39,339)

Who rents and who owns in Lake Caroline

Tenure, estimate (90% margin of error)
	Lake Caroline	Caroline County	Virginia	United States
Renter-occupied share	26.9% (±12.6 points)	17.7% (±2.6 points)	32.7% (±0.3 points)	34.8%
Renting households	306 (±157)	2,116 (±320)	1,099,123 (±8,702)	45,017,354
Owning households	830 (±226)	9,872 (±389)	2,266,609 (±13,049)	84,210,142
Average renter household size	3.0 (±0.8)	2.5 (±0.2)	2.3 (±0.0)	2.3
Average owner household size	2.3 (±0.4)	2.6 (±0.1)	2.6 (±0.0)	2.6
Median renter household income	$64,051 (±$39,339)	$53,194 (±$18,859)	$60,343 (±$529)	$52,966
Median owner household income	$83,654 (±$17,784)	$95,951 (±$6,187)	$114,147 (±$479)	$100,009

In Lake Caroline, the renter share is not measurably different from Caroline County (17.7%).

It is not measurably different from Virginia (32.7%).

It is not measurably different from the national figure (34.8%).

In Caroline County, Lake Caroline ranks 3 of 4 places with a published estimate, from highest to lowest renter share.

Statewide, it ranks 277 of 464.

Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.

How renting in Lake Caroline has changed since 2015–2019

2015–2019 and 2020–2024 American Community Survey 5-year estimates
	2015–2019	2020–2024	Amount of change	Verdict
Households that rent	17.2% (±13.5 points)	26.9% (±12.6 points)	+9.7 percentage points	Not a measurable change
Median gross rent	$1,352 (±$51)	$1,764 (±$407)	+30.5%	No measurable change after inflation
Median household income	$51,394 (±$11,165)	$73,000 (±$8,669)	+42.0%	No measurable change after inflation

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.

Households that rent in places near Lake Caroline

Nearest places with a published estimate, compared with Lake Caroline
Place	Distance	Households that rent	Compared with this place
Lake Caroline	—	26.9% (±12.6 points)	—
Lake Land'Or	2.8 mi	11.7% (±7.8 points)	Lower
Bowling Green	10 mi	35.7% (±10.9 points)	Not measurably different
Spotsylvania Courthouse	15 mi	30.2% (±8.1 points)	Not measurably different
Ashland	16 mi	44.2% (±6.3 points)	Higher
Wyndham	21 mi	9.0% (±4.2 points)	Lower
Mineral	21 mi	26.4% (±11.8 points)	Not measurably different
Port Royal	21 mi	41.9% (±26.5 points)	Not measurably different
Fredericksburg	22 mi	60.3% (±3.8 points)	Higher

Nearby places with a measurably lower figure: Lake Land'Or, VA (11.7%), Wyndham, VA (9.0%).

Nearby places with a measurably higher figure: Ashland, VA (44.2%), Fredericksburg, VA (60.3%).

Distance is measured in a straight line between the Census Bureau’s internal points for each place.

Households that rent across Caroline County, place by place

Rank	Place	Households that rent
1	Port Royal	41.9% (±26.5 points)
2	Bowling Green	35.7% (±10.9 points)
3	Lake Caroline	26.9% (±12.6 points)
4	Lake Land'Or	11.7% (±7.8 points)

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.

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Questions about Lake Caroline

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).

Is renting growing in Lake Caroline?

In Lake Caroline, the share of households that rent went from 17.2% in 2015–2019 to 26.9% in 2020–2024 (+9.7 percentage points), not a measurable change.

How big are renting households in Lake Caroline?

A renting household in Lake Caroline has 3.0 people on average, against 2.3 in an owned home.

How much do renters earn in Lake Caroline?

The median renting household in Lake Caroline, VA has an income of $64,051 (±$39,339) a year, against $83,654 for households that own their home.

Sources

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) and detailed tables (acs/acs5) 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 DP04_0047PE, DP04_0047PM, B25064_001E, B25064_001M, B19013_001E, B19013_001M from the 2019 release.

The API needs a free key.

Request a Census API key.

DP04_0047PE, DP04_0047PM, DP04_0047E, DP04_0047M, DP04_0046E, DP04_0046M, DP04_0049E, DP04_0049M, DP04_0048E, DP04_0048M, B25119_003E, B25119_003M, B25119_002E, B25119_002M

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.