Groundwork

Fitness and classes · Small-town market · Virginia

Gyms and studios in the Lake of the Woods, VA area

Competitor counts, household spending and official business counts for gyms and studios in the Lake of the Woods, VA area, set against other small-town markets and the U.S.

Groundwork market score · out of 100

Score 74 out of 100: Upper middle

Ranked #32 of 535 scored small-town markets
#1 of 3 scored small-town markets based in Virginia

Listings
16
1 chain location (6%)
Official establishments
6
Businesses with payroll, 2023
Household spending a year
$13.2M
On memberships, classes and admissions · $887 a household
Spending per listing
$824K
24% above the U.S.
Listings per 10k households
10.8
28% below the U.S.
Population, 2025
40,083
+10.1% since 2020

See the gyms and studios around any address in the Lake of the Woods area

The site report maps the gyms and studios 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 Groundwork market score for gyms and studios in the Lake of the Woods area is 74 (upper middle), #32 of 535 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 gyms and studios.

Household spending on memberships, classes and admissions in the Lake of the Woods area comes to about $13.2M a year: $887 per household, 10% below the U.S. average. Spread across 16 gyms and studios, that is $824K per location, 24% above the U.S. figure of $662K.

There are 16 gyms and studios on map listings in the Lake of the Woods area as of September 2026. One of them (6%) is a chain location, against 20% across the U.S. That is 10.8 per 10,000 households, 28% below the U.S. rate of 14.9.

In 2023, official counts showed 6 businesses with payroll in the Lake of the Woods area classed as fitness centers and recreation instruction. That is one for every 2,476 households, against one for every 1,641 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 memberships, classes and admissions by the gyms and studios counted, so it measures the demand for each competitor, not any business’s revenue. Households per establishment does the same with the official count.

Gyms, studios and classes in Lake of the Woods, VA area compared with Virginia and the U.S.
MeasureLake of the Woods areaVirginiaU.S.
Listings per 10k households10.814.214.9
Spending per listing$824K$674K$662K
Households per official establishment2,4761,4781,641
Official establishment growth, 2019–2023n/a+6.7%+8.2%
Population growth, 2020–2025+10.1%+2.8%+3.1%
Spending per household on memberships, classes and admissions$887$960$983
Median household income$94,008$93,170$80,734
Groundwork market score7450

Official counts and lending

Businesses

Official establishments, 2019 to 2023
6
Employees, 2023
98
Annual payroll, 2023
$2.3M
One-person businesses, 2023
Not publishedNot published for this business type
Map listings, September 2026
161 chain location
Listings at the U.S. rate for this spending
20The 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 fitness centers and recreation instruction 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 gyms and studios 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

Gyms, studios and classes across Virginia

Every Virginia market ranked →

The highest-scoring small-town markets in Virginia for gyms and studios, 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 gyms and studios by Groundwork market score
MarketScoreListingsPer 10k householdsSpending per listingPopulation growthU.S. rank
1Lake of the Woods, VA741610.8$824K+10.1%#32 of 535
2Martinsville, VA48176.4$771K−1.9%#303 of 535
Bluefield, WV-VA39399.6$533K−3.8%#399 of 535
3Danville, VA35409.1$556K−1.7%#433 of 535

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 gyms and studios are in the Lake of the Woods, VA area?

As of September 2026, map listings count 16 gyms and studios in the Lake of the Woods area. One of them (6%) is a chain location. The listings count gyms, fitness studios, martial arts and dance studios. Official counts show 6 businesses with payroll classed as fitness centers and recreation instruction in 2023.

How much do households in the Lake of the Woods, VA area spend on memberships, classes and admissions?

About $13.2M a year, or $887 per household. That is 10% below the U.S. average (an index of 90, where 100 is the U.S. average). Spread across the 16 gyms and studios on map listings, it comes to $824K per location. 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 gyms and studios?

The Lake of the Woods area has 10.8 gyms and studios per 10,000 households, 28% below the U.S. rate of 14.9. Spending per location is $824K, 24% above the U.S. figure of $662K. At the U.S. ratio of gyms and studios to household spending, the Lake of the Woods area would have about 20, against 16 on map listings. There is one business with payroll in the industry for every 2,476 households, against one for every 1,641 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 74 for gyms and studios (upper middle), #32 of 535 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 gyms and studios 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 gyms and studios · 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.