Lake Ridge Hourly Wage & Salary 2026
Lake Ridge, VA: $27.18/hr median hourly wage, $56,530 median annual salary, cost of living index 101.3, and $12.00/hr minimum wage. Calculate take-home pay with federal and Virginia taxes.
Lake Ridge Hourly Wage Quick Answer
The median hourly wage in Lake Ridge, VA is $27.18/hr,equivalent to $56,530 per year at 2,080 work hours. Entry-level pay estimates around $16.85/hr, senior-level pay estimates around $38.60/hr, and the local minimum wage is $12.00/hr.
Median figures are Salario estimates: BLS OEWS does not publish a metropolitan-area wage series that covers Lake Ridge, VA.
Median Salary
$56,530
$27.18/hr
Cost of Living
101.3
US avg = 100
Minimum Wage
$12.00
per hour
Unemployment
2.6%
rate
Lake Ridge, VA Overview
Population
45,111
Median Salary
$56,530
Average Salary
$63,314
Avg Commute
21 min
Median Home Price
$362,000
Median Rent
$1,471/mo
Job Growth
+2.7%
Sales Tax
5.3%
Lake Ridge is located in Virginia with a population of 45,111. The median annual wage across all occupations is $56,530 ($27.18/hour, Salario estimate), which is $5,550 above the national median of $50,980. The national median is the BLS OEWS May 2025 all-occupations median annual wage. The average commute time is 21 minutes, and the city has a job growth rate of +2.7%.
Lake Ridge Salary by Experience Level (2026)
Wage distribution in Lake Ridge, VA built around the $56,530 median salary (Salario estimate). Entry-level represents 10th–25th percentile; mid-level is the median; senior-level represents 75th–90th percentile. The non-median rows are Salario estimates.
| Experience Level | Annual Salary | Hourly Wage | Years Exp |
|---|---|---|---|
| Entry-Level | $35,049 | $16.85/hr | 0–2 years |
| Mid-Level (Median) | $56,530 | $27.18/hr | 3–7 years |
| Senior-Level | $80,273 | $38.60/hr | 8–15 years |
| Top 10% (90th Percentile) | $100,623 | $48.38/hr | 15+ years / leadership |
Percentile multipliers (62%, 100%, 142%, 178%) are Salario approximations of the typical all-occupations wage spread in BLS OEWS metro tables; only the median row is a published BLS value where BLS covers the metro, which is not the case here. Specific roles vary; see jobs by city for role-specific data.
Lake Ridge Paycheck Calculator
Enter your annual salary to see your estimated take-home pay in Lake Ridge, VA, after federal, state, and local taxes.
Estimated Annual Take-Home Pay
$45,112
$3,759.33/month · $1,735.08/biweekly · Effective Rate: 20.2%
Biweekly paycheck estimate: this salary equals about $1,735.08 take-home per paycheck after estimated Virginia and federal taxes. For the 26-paycheck formula, three-paycheck months, and withholding examples, see the Biweekly Paycheck Calculator.
Gross Pay
$56,530
Federal Tax
-$4,604
State Tax
-$2,490
Local Tax
$0
FICA
-$4,325
Net Pay
$45,112
Pay Breakdown
| Item | Monthly | Annual |
|---|---|---|
| Gross Salary | $4,710.83 | $56,530.00 |
| Federal Income Tax | -$383.63 | -$4,603.60 |
| Virginia State Tax (4.40% eff.) | -$207.49 | -$2,489.85 |
| Social Security (6.2%) | -$292.07 | -$3,504.86 |
| Medicare (1.45%) | -$68.31 | -$819.69 |
| Net Take-Home Pay | $3,759.33 | $45,112.01 |
Salary Comparison: Lake Ridge vs Other Cities
See how Lake Ridge's median salary and cost of living compare to the national average and similar cities.
| City | Median Salary | COL Index | Adj. Salary |
|---|---|---|---|
| Lake Ridge, VA | $56,530 | 101.3 | $55,805 |
| National Average | $50,980 | 100 | $50,980 |
| Manchester, NH | $56,530 | 110 | $51,391 |
| Nashua, NH | $56,530 | 115 | $49,157 |
| Chalco, NE | $56,503 | 90.6 | $62,365 |
| Radnor, PA | $56,588 | 98.8 | $57,275 |
Adjusted salary reflects purchasing power when cost of living is factored in. A higher adjusted salary means your money goes further.
Cost of Living in Lake Ridge
Lake Ridge's cost of living index is 101.3 (national average = 100). Living in Lake Ridge is 1.2999999999999972% more expensive than the national average.
Median Home Price
$362,000
Median Monthly Rent
$1,471
Annual Rent Cost
$17,652
Your Salary's Purchasing Power
Your $45,112 annual take-home pay in Lake Ridge has the purchasing power of approximately $44,533 in an average-cost US area. You would need to earn $57,265 in Lake Ridge to match a $56,530 salary in an average-cost city.
Top Industries in Lake Ridge
Lake Ridge's economy is driven by these key industries. Workers in top industries often earn significantly above the median salary of $56,530.
Salary Tips for Lake Ridge Workers
- Maximize pre-tax deductions. With a top 5.75% state income tax rate, maximizing 401(k) contributions (up to $24,500 in 2026) and HSA contributions can significantly reduce both your federal and state tax burden.
- Research top industries. Lake Ridge's top industries include Military, Technology, Government. Targeting roles in these sectors can help you earn above the $56,530 median salary.
- Review your W-4 withholding. If you regularly receive large tax refunds, adjust your W-4 to increase your per-paycheck take-home pay instead of giving the government an interest-free loan.
Methodology & Local Economy Data Sources
How we calculate Lake Ridge salary data: BLS OEWS does not publish a metropolitan-area series covering Lake Ridge, so the median and average salary here are Salario estimates built from state and regional wage references, not BLS survey values. The entry/senior/top-10% rows and paycheck estimate are Salario calculations built on that estimate. Cost-of-living adjustments use the C2ER Cost of Living Index baseline of 100 (national average), with Lake Ridge indexed at 101.3.
- Median salary: $56,530 annual, $27.18 hourly, Salario estimate.
- Tax burden reflects Virginia 2026 state income tax brackets and standard deduction (top rate 5.75%) (no local income tax), sales tax (5.3%), and federal taxes per IRS 2026 brackets.
- Unemployment rate for Lake Ridge: 2.6%, sourced from BLS Local Area Unemployment Statistics (LAUS).
- Top industries: Military, Technology, Government, based on QCEW employment concentration data.
- Job growth: 2.7% projected through 2034, derived from BLS Employment Projections program for Virginia.
- Housing context: median home price $362,000, median rent $1,471/mo, sourced from Census American Community Survey 5-year estimates.
Authoritative US data sources for Lake Ridge, VA:
- BLS Occupational Employment and Wage Statistics (OEWS), metropolitan area salary data
- BLS Local Area Unemployment Statistics, Lake Ridge unemployment rate
- U.S. Census Bureau, Lake Ridge QuickFacts, population, housing, demographics
- BLS Quarterly Census of Employment and Wages (QCEW), county-level industry employment
- BLS Economy at a Glance, Virginia, state economic indicators
- U.S. Bureau of Economic Analysis (BEA), local GDP and personal income data
- BLS Consumer Price Index (CPI-U), regional inflation tracking
Disclaimer: Salary and cost data are estimates for general guidance. Individual compensation varies by employer, experience, education, negotiation, and skills. Lake Ridge's rapidly changing economy can shift these baselines, always verify with current job listings, employer offers, and recent Virginia labor market reports for the most current figures.
Reviewed by Harlan Voss · Last updated September 17, 2026 · Wage figures: BLS OEWS May 2025 release (published May 2026) where available · Census data current as of latest releases
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Frequently Asked Questions
What is the hourly wage in Lake Ridge, VA?
The median hourly wage in Lake Ridge, VA is estimated at $27.18 per hour (Salario model; BLS does not publish a metropolitan-area series for this city). At a standard 2,080-hour work year, that equals about $56,530 per year. Entry-level workers are estimated around $16.85/hr, while senior-level workers are estimated around $38.60/hr before overtime, bonuses, or benefits.
What is the median salary in Lake Ridge, VA?
The median salary in Lake Ridge, VA is $56,530 per year, or $27.18 per hour (Salario estimate). The average salary is $63,314. This is $5,550 above the BLS national median of $50,980.
What is the cost of living in Lake Ridge, VA?
Lake Ridge's cost of living index is 101.3 (national average = 100), meaning it is 1.2999999999999972% more expensive compared to the national average. The median home price is $362,000 and the median monthly rent is $1,471.
What are the best industries in Lake Ridge?
The top industries in Lake Ridge, VA include Military, Technology, Government. The city has a job growth rate of 2.7% and an unemployment rate of 2.6%. Workers in these industries often earn above the city's median salary of $56,530.
How does Lake Ridge's salary compare to other cities?
Lake Ridge's median salary of $56,530 is 10.9% above the national median of $50,980. However, when adjusted for cost of living (index: 101.3), the real purchasing power is approximately $55,805.
What is the minimum wage in Lake Ridge, VA?
The minimum wage in Lake Ridge, VA is $12.00 per hour. This equals approximately $24,960 per year for a full-time worker (40 hours/week). This is $4.75 above the federal minimum wage of $7.25/hour.