Groundwork

Groceries and convenience · Small-town market · Virginia

Grocery stores in the Lake of the Woods, VA area

The grocery stores 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 94 out of 100: Very high

Ranked #1 of 506 scored small-town markets
#1 of 3 scored small-town markets based in Virginia

Listings
8
3 chain locations (38%)
Official establishments
3
Businesses with payroll, 2023
Household spending a year
$96.7M
On groceries · $6,509 a household
Spending per listing
$12.1M
30% above the U.S.
Listings per 10k households
5.4
21% below the U.S.
Population, 2025
40,083
+10.1% since 2020

See the grocery stores around any address in the Lake of the Woods area

The site report maps the grocery stores 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.

Free10 actions over 3 days, no card

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

What this means

The Lake of the Woods area scores 94 (very high) on the Groundwork market score for grocery stores, ranking #1 of 506 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 grocery stores.

Household spending on groceries in the Lake of the Woods area comes to about $96.7M a year: $6,509 per household, 3% above the U.S. average. That is about $12.1M of household spending for each store on map listings, 30% above the U.S. figure of $9.3M. The spending figure covers all groceries, not only grocery stores.

The Lake of the Woods area has 8 grocery stores on map listings as of September 2026. Chain locations make up 38% of them, against 37% across the U.S. Per 10,000 households, that is 5.4, 21% below the U.S. rate of 6.8.

The official count of businesses with payroll classed as supermarkets and grocery stores in the Lake of the Woods area was 3 in 2023. That is one for every 4,952 households, against one for every 2,053 across the U.S. Population estimates put the population change in the Lake of the Woods area from 2020 to 2025 at +10.1%, 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 groceries by the grocery stores counted, so it measures the demand for each competitor, not any business’s revenue. Households per establishment does the same with the official count.

Grocery stores in Lake of the Woods, VA area compared with Virginia and the U.S.
MeasureLake of the Woods areaVirginiaU.S.
Listings per 10k households5.46.66.8
Spending per listing$12.1M$9.9M$9.3M
Households per official establishment4,9522,2702,053
Official establishment growth, 2019–2023n/a−2.7%0.0%
Population growth, 2020–2025+10.1%+2.8%+3.1%
Spending per household on groceries$6,509$6,537$6,319
Median household income$94,008$93,170$80,734
Groundwork market score9460

Official counts and lending

Businesses

Official establishments, 2019 to 2023
3
Employees, 2023
244
Annual payroll, 2023
$5.8M
One-person businesses, 2023
Not publishedNot published for this business type
Map listings, September 2026
83 chain locations
Listings at the U.S. rate for this spending
10The 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 supermarkets and grocery stores 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 grocery stores 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.

Free10 actions over 3 days, no card

Grocery stores across Virginia

Every Virginia market ranked →

The highest-scoring small-town markets in Virginia for grocery stores, 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 grocery stores by Groundwork market score
MarketScoreListingsPer 10k householdsSpending per listingPopulation growthU.S. rank
1Lake of the Woods, VA9485.4$12.1M+10.1%#1 of 506
Bluefield, WV-VA46225.4$9.9M−3.8%#302 of 506
2Martinsville, VA30207.5$7.1M−1.9%#423 of 506
3Danville, VA21388.6$6.2M−1.7%#464 of 506

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 grocery stores are in the Lake of the Woods, VA area?

Map listings as of September 2026 show 8 grocery stores in the Lake of the Woods area. 3 of them (38%) are chain locations. The listings count grocery stores and supermarkets. Official counts show 3 businesses with payroll classed as supermarkets and grocery stores in 2023.

How much do households in the Lake of the Woods, VA area spend on groceries?

About $96.7M a year, or $6,509 per household. That is 3% above the U.S. average (an index of 103, where 100 is the U.S. average). Spread across the 8 grocery stores on map listings, it comes to $12.1M per store. That spending covers all groceries, which grocery stores share with other businesses in the trade. 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 grocery stores?

The Lake of the Woods area has 5.4 grocery stores per 10,000 households, 21% below the U.S. rate of 6.8. Spending per store is $12.1M, 30% above the U.S. figure of $9.3M. At the U.S. ratio of grocery stores to household spending, the Lake of the Woods area would have about 10, against 8 on map listings. There is one business with payroll in the industry for every 4,952 households, against one for every 2,053 across 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 94 for grocery stores (very high), #1 of 506 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 grocery stores 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 grocery stores · 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.