Groundwork

Auto · Small-town market · Virginia

Gas stations in the Lake of the Woods, VA area

The gas stations in the Lake of the Woods, VA area, the household spending behind them and how the market ranks against other small-town markets.

Groundwork market score · out of 100

Score 85 out of 100: High

Ranked #9 of 536 scored small-town markets
#1 of 3 scored small-town markets based in Virginia

Listings
20
18 chain locations (90%)
Official establishments
18
−10.0% since 2019
Household spending a year
$52M
On gasoline and other fuels · $3,503 a household
Spending per listing
$2.6M
9% above the U.S.
Listings per 10k households
13.5
24% above the U.S.
Population, 2025
40,083
+10.1% since 2020

See the gas stations around any address in the Lake of the Woods area

The site report maps the gas stations on map listings near the address, by name and distance, and sizes the households and spending around it. Or open the report at the center of the Lake of the Woods area. Signed out, you see a blurred preview; on an account, each report is one action.

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Survey estimates 2020–2024 · population estimates 2025 · official business counts 2023 · map listings September 2026 · Data credits · How we measure

What this means

The Groundwork market score for gas stations in the Lake of the Woods area is 85 (high), #9 of 536 scored small-town markets and #1 of 3 scored small-town markets based in Virginia. That puts it in the top 10% of small-town markets for gas stations.

Map listings as of September 2026 show 20 gas stations in the Lake of the Woods area. 18 of them (90%) are chain locations, against 84% across the U.S. Per 10,000 households, that is 13.5, 24% above the U.S. rate of 10.9.

Household spending on gasoline and other fuels in the Lake of the Woods area comes to about $52M a year: $3,503 per household, 35% above the U.S. average. That works out to $2.6M per station, 9% above the U.S. figure of $2.4M.

The official count of businesses with payroll classed as gasoline stations in the Lake of the Woods area was 18 in 2023, down 10.0% from 2019. That is one for every 825 households, against one for every 1,184 across the U.S. Population estimates show the Lake of the Woods area grew 10.1% from 2020 to 2025, faster than the U.S. (+3.1%).

How the Lake of the Woods area compares

The same measures for Virginia and the whole U.S. Spending per listing divides a year of household spending on all gasoline and other fuels by the gas stations counted, so it measures the demand for each competitor, not any business’s revenue. Households per establishment does the same with the official count.

Gas stations in Lake of the Woods, VA area compared with Virginia and the U.S.
MeasureLake of the Woods areaVirginiaU.S.
Listings per 10k households13.511.110.9
Spending per listing$2.6M$2.7M$2.4M
Households per official establishment8251,1951,184
Official establishment growth, 2019–2023−10.0%−8.2%−3.1%
Population growth, 2020–2025+10.1%+2.8%+3.1%
Spending per household on gasoline and other fuels$3,503$3,000$2,595
Median household income$94,008$93,170$80,734
Groundwork market score8568

Official counts and lending

Businesses

Official establishments, 2019 to 2023
18−10.0% over the period
Employees, 2023
208
Annual payroll, 2023
$6.7M
One-person businesses, 2023
0Businesses with no payroll
Map listings, September 2026
2018 chain locations
Listings at the U.S. rate for this spending
22The U.S. ratio of listings to household spending, applied here

SBA-backed loans since fiscal 2022

Loans
0
Amount
$0

SBA-backed loans to businesses classed as gasoline stations in the Lake of the Woods area, through June 2026, placed by the borrower’s ZIP code. Official establishments are businesses with payroll; the official counts leave out places with fewer than 3.

Population and households in the Lake of the Woods area

Population, 2025 estimate
40,083+10.1% since 2020
Households
14,856
Median age
42.7
Homes lived in by their owners
79%
Vehicles per household
2.2
Land area
341 sq. mi.
People per square mile
111
Median household income
$94,008
Average household income
$115,533
Median home value
$364,200
Jobs located here
9,522
Daytime population
31,111Residents who don’t work, plus everyone whose job is here

Looking at a specific site in the Lake of the Woods area?

These figures cover the whole small-town market. A site report draws rings around one address and counts what’s inside them: households, spending, jobs, and the gas stations on map listings by name and distance.

Or open the report at the center of the Lake of the Woods area. Signed out, you see a blurred preview; on an account, each report is one action.

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Gas stations across Virginia

Every Virginia market ranked →

The highest-scoring small-town markets in Virginia for gas stations, numbered among those based in Virginia (a market based in another state is listed without a number), with the Lake of the Woods area marked.

Top small-town markets in Virginia

Small-town markets in Virginia ranked for gas stations by Groundwork market score
MarketScoreListingsPer 10k householdsSpending per listingPopulation growthU.S. rank
1Lake of the Woods, VA852013.5$2.6M+10.1%#9 of 536
2Danville, VA498018.1$1.6M−1.7%#286 of 536
3Martinsville, VA355520.6$1.4M−1.9%#420 of 536
Bluefield, WV-VA307719.0$1.5M−3.8%#461 of 536

Other business types in the Lake of the Woods area

Each with its Groundwork market score here, out of 100, where it has one.

Questions

How many gas stations are in the Lake of the Woods, VA area?

There are 20 gas stations on map listings in the Lake of the Woods area as of September 2026. 18 of them (90%) are chain locations. The listings count gas stations. Official counts show 18 businesses with payroll classed as gasoline stations in 2023, down 10.0% from 2019.

How much do households in the Lake of the Woods, VA area spend on gasoline and other fuels?

About $52M a year, or $3,503 per household. That is 35% above the U.S. average (an index of 135, where 100 is the U.S. average). Spread across the 20 gas stations on map listings, it comes to $2.6M per station. It is estimated from the incomes of the 14,856 households in the Lake of the Woods area and national spending patterns by income.

How does the Lake of the Woods, VA area compare with the U.S. for gas stations?

The Lake of the Woods area has 13.5 gas stations per 10,000 households, 24% above the U.S. rate of 10.9. Spending per station is $2.6M, 9% above the U.S. figure of $2.4M. At the national ratio of gas stations to household spending, the Lake of the Woods area would have about 22, against 20 on map listings. There is one business with payroll in the industry for every 825 households, against one for every 1,184 across the U.S. The official count fell 10.0% from 2019 to 2023, against −3.1% for the U.S.

How fast is the Lake of the Woods, VA area growing?

Population estimates put the Lake of the Woods area at 40,083 people in 2025, up 10.1% since 2020, faster than the U.S. (+3.1%). It has 14,856 households. The median household income in the Lake of the Woods area is $94,008 a year, 16% above the U.S. median of $80,734.

What is the Groundwork market score?

The Groundwork market score runs from 0 to 100 and compares a market with others of its kind for one business type: states with states, metro areas with metro areas, small-town markets and counties with their own. A small-town market is a town of 10,000 to 50,000 people and the county or counties tied to it by commuting. It weighs household spending per competitor (35%), households per business with payroll (25%), population growth (20%) and spending power (20%), each ranked against those peers. A higher score means that, taken together, the market has more household spending and more households for each business already there, faster population growth and more spending per household than similar markets. It describes a market, not any one site or deal. The Lake of the Woods area scores 85 for gas stations (high), #9 of 536 scored small-town markets.

How can I see the market around a specific site?

Run a Groundwork site report on an address in the Lake of the Woods area. It maps the gas stations on map listings near the site and sizes the households and spending within the distance you choose. New accounts get 10 actions over 3 days, no card.

How the score works · Top markets for gas stations · All 56 business types in the Lake of the Woods area

Screening a site or an acquisition in the Lake of the Woods area?

A site report maps the competitors on map listings near an address and sizes the households and spending around it.

The button opens the report at the center of the Lake of the Woods area. Signed out, you see a blurred preview; on an account, each report is one action.

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

Figures are estimates for research only. Not investment or real estate advice.