Groundwork

Real estate · Small-town market · Virginia

Property management companies in the Lake of the Woods, VA area

How the Lake of the Woods, VA area compares with other small-town markets and the U.S. for property management companies: competitors, household spending, official counts and growth.

Groundwork market score

Not scored

The score needs at least 5 listings; this market has 1.

Listings
1
0 chain locations (0%)
Official establishments
4
Businesses with payroll, 2023
Household spending a year
$245.5M
On rent and homeowner costs · $16,525 a household
Housing spending per listing (U.S. = 100)
442
Too few listings to compare
Listings per 10k households
0.7
Too few listings to compare
Population, 2025
40,083
+10.1% since 2020

See the property management companies around any address in the Lake of the Woods area

The site report maps the property management companies 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

As of September 2026, map listings count 1 property management company in the Lake of the Woods area. That is 0.7 per 10,000 households.

At $16,525 per household (in line with the U.S. average), households in the Lake of the Woods area spend about $245.5M a year on rent and homeowner costs. That figure is all rent and homeowner costs, used as a measure of housing demand; it is not money property management companies take in.

Official counts show 4 businesses with payroll classed as residential and commercial property managers in the Lake of the Woods area in 2023. That is one for every 3,714 households, against one for every 1,638 across the U.S.

Between 2020 and 2025, the population of the Lake of the Woods area grew 10.1%, faster than the U.S. (+3.1%). With 1 property management company on map listings, the Lake of the Woods area isn’t given a market score: the score needs at least 5, since one listing more or less would swing it.

How the Lake of the Woods area compares

The same measures for Virginia and the whole U.S. Housing spending per listing divides all rent and homeowner costs by the listings counted: a measure of housing demand for each business, not money any of them take in, so it is shown against the U.S. (100) only. Households per establishment divides households by the official count.

Property management in Lake of the Woods, VA area compared with Virginia and the U.S.
MeasureLake of the Woods areaVirginiaU.S.
Listings per 10k households0.72.93.0
Housing spending per listing (U.S. = 100)442105100
Households per official establishment3,7141,7871,638
Official establishment growth, 2019–2023n/a+9.4%+11.4%
Population growth, 2020–2025+10.1%+2.8%+3.1%
Spending per household on rent and homeowner costs$16,525$16,844$16,661
Median household income$94,008$93,170$80,734
Groundwork market scoreNot scored52

Official counts and lending

Businesses

Official establishments, 2019 to 2023
4
Employees, 2023
3
Annual payroll, 2023
$266K
One-person businesses, 2023
Not publishedNot published for this business type
Map listings, September 2026
10 chain locations
Listings at the U.S. rate for this spending
4The 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 residential and commercial property managers 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 property management companies 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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Property management across Virginia

Every Virginia market ranked →

The highest-scoring small-town markets in Virginia for property management companies, 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 property management companies by Groundwork market score
MarketScoreListingsPer 10k householdsHousing spending per listing (U.S. = 100)Population growthU.S. rank
1Danville, VA5751.1207−1.7%#60 of 180
Bluefield, WV-VA5651.2192−3.8%#69 of 180
Lake of the Woods, VANot scored10.7442+10.1%

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 property management companies are in the Lake of the Woods, VA area?

The Lake of the Woods area has 1 property management company on map listings as of September 2026. The listings count property management companies. Official counts show 4 businesses with payroll classed as residential and commercial property managers in 2023.

How much do households in the Lake of the Woods, VA area spend on rent and homeowner costs?

About $245.5M a year, or $16,525 per household. That is in line with the U.S. average (an index of 99, where 100 is the U.S. average). The spending figure is all rent and homeowner costs, a measure of housing demand, not money property management companies take in. 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 property management companies?

The Lake of the Woods area has 1 property management company on map listings, too few for a steady comparison with the U.S. rate. At the national ratio of property management companies to household spending, the Lake of the Woods area would have about 4, against 1 on map listings. There is one business with payroll in the industry for every 3,714 households, against one for every 1,638 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 has no market score for property management companies: the score needs at least 5 on map listings, and it has 1.

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 property management companies 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 property management companies · 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.