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2024 Compare Cities Economy:
Merrimac, VA vs Lake Ridge, VA

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Highlights
- Household income in Lake Ridge, is 97% more than it is in Merrimac and is 36% above the National Average.
- Merrimac unemployment rate is 3.9%.
- Lake Ridge unemployment rate is 5.2%.

Economy
 Merrimac, VALake Ridge, VAUnited States
 Unemployment Rate3.9%5.2%6.0%
 Recent Job Growth1.1%1.9%1.6%
 Future Job Growth29.4%38.8%33.5%
 Sales Taxes5.3%6.0%6.2%
 Income Taxes5.8%5.8%4.6%
 Income per Cap.$37,221$46,703$37,638
 Household Income$55,139$108,654$69,021
 Family Median Income$64,500$120,182$85,028
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 Est. Households By Income
 Merrimac, VALake Ridge, VAUnited States
 Income Less Than 15K14.3%2.8%9.4%
 Income between 15K and 20K3.7%0.9%3.8%
 Income between 20K and 30K11.5%4.0%8.1%
 Income between 30K and 40K13.6%2.4%8.0%
 Income between 40K and 50K4.9%3.7%7.6%
 Income between 50K and 60K4.3%5.7%7.2%
 Income between 60K and 75K9.6%6.9%9.6%
 Income between 75K and 100K16.5%16.5%12.8%
 Income between 100K and 150K15.4%27.7%16.3%
 Income between 150K and 200K1.2%14.0%7.8%
 Income greater than 200K5.0%15.1%9.5%
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 Population By Occupation
 Merrimac, VALake Ridge, VAUnited States
 Management, business, finance16.3%23.0%16.4%
 Engineering, computers, science13.5%10.8%6.5%
 Community, social services3.4%2.2%1.8%
 Legal1.2%1.3%1.2%
 Education, library4.6%8.4%6.2%
 Arts, design, media, sports, entertainment0.0%2.1%2.0%
 Healthcare practitioners and technology3.1%4.3%6.2%
 Healthcare support2.2%2.2%3.3%
 Firefighters, law enforcement0.0%2.9%2.1%
 Food preparation, serving2.2%4.4%5.4%
 Building maintenance10.4%1.9%3.6%
 Personal care0.0%3.8%2.6%
 Sales, office, administrative support17.7%19.6%20.9%
 Farming, fishing, forestry0.0%0.1%0.6%
 Construction, extraction, maintenance/repair11.6%5.7%8.1%
 Production, transportation, material moving13.8%7.2%13.1%

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Reviews for Merrimac    0 Reviews

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Reviews for Lake Ridge    3 Reviews

Over 10 years ago

The cost of living in this area is outright ridiculous. I can't wait to move. There is a lot of crime. There is a lot of traffic. The people drive like they are the  More

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Over 12 years ago

Nothing  More

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Over 18 years ago

The cost of living in Lake Ridge is quite high though not as high as the Washington DC area. Washington is about 30 miles from Lake Ridge and easily accessible by  More

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ZIPS IN MERRIMAC, VIRGINIA
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ZIPS IN LAKE RIDGE, VIRGINIA
22192

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