Cost of Living in Lakeside, VA
Population 12,845 · Virginia · Data vintage 2023
(100 = US avg)
Lakeside sits on the smaller end of the Virginia city distribution. That scale shapes the housing market, the labor pool, and the services available to residents in ways the data below makes visible. An unemployment rate of 1.8% points to a labor market well on the tight side of the national distribution.
Located 6 miles north of Richmond, Lakeside falls within that metro's commuting orbit. Median home values run roughly 17% lower than Richmond's $328,000.
Cost Overview
Scale: 100 = US national average. Green < 90, Red > 110.
About the Cost of Living in Lakeside
The median home value in Lakeside is $271,400 — 11% below the national median of $305,000. Median rent runs $1,330/month, 1% higher than the national median of $1,314/month. The median household income of $69,695/year is 7% lower than the US median of $74,580. The local unemployment rate is 1.8%, below the national average of 4.8%. Virginia's top state income tax rate is 5.8% and the combined sales tax is 5.6%. The climate averages highs of 68.8°F and lows of 47.1°F. Overall, Lakeside has a cost of living index of 94 versus the US average of 100, meaning it is 6% less expensive.
🏠 Housing
HUD Fair Market Rents by Bedroom
💰 Estimated Monthly Budget
Estimates based on median data and national averages. Actual costs vary.
🛒 Food & Groceries
National BLS average prices (2023). Local prices may vary.
🚗 Transportation
Commute Mode
⚡ Utilities
📋 Taxes
💼 Income & Employment
🎓 Education
👥 Demographics
🌤 Climate
NOAA 1991–2020 Climate Normals
| Month | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| High °F | 47 | 51 | 59 | 70 | 77 | 85 | 89 | 87 | 81 | 70 | 60 | 51 |
| Low °F | 28 | 30 | 36 | 45 | 55 | 63 | 68 | 66 | 59 | 48 | 38 | 31 |
| Precip" | 3.48 | 2.87 | 3.89 | 3.43 | 4.33 | 4.14 | 3.98 | 4.93 | 4.04 | 3.65 | 3.39 | 3.68 |
💨 Air Quality
EPA AQS 2023 — county-level monitoring data
Frequently Asked Questions
What is the cost of living in Lakeside, VA?
Lakeside has a cost index of 94 (100 = national average). It is 6% below the national average.
What is average rent in Lakeside, VA?
The median gross rent in Lakeside is $1,330 per month based on 2023 Census data.
What is the average home price in Lakeside?
The median home value in Lakeside is $271,400 according to Zillow and Census data.
What is the median income in Lakeside?
The median household income in Lakeside is $69,695 per year (2023 ACS 5-year estimates).
What is the sales tax in Lakeside, VA?
The combined state and local sales tax rate in Lakeside is 5.6%. The Virginia state income tax top rate is 5.8%.
Is Lakeside, VA affordable?
Lakeside is near the national average in terms of cost of living, with an index of 94 (100 = US average).
What is the weather like in Lakeside?
Lakeside has average high temperatures of 68.8°F and average lows of 47.1°F. Annual precipitation is 45.8". Data from NOAA 1991–2020 Climate Normals.
Lakeside at a Glance
- Population
- 12,845
- Median Income
- $69,695
- Home Value
- $271,400
- Median Rent
- $1,330/mo
- Unemployment
- 1.8%
- Avg High Temp
- 68.8°F
- Sales Tax
- 5.6%
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Virginia Rankings
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