Around twenty rivers flow into Lake Vozhe, including the Vozhega and the Modlona.

Historically, Lake Vozhe was on the trading route connecting the basings of the Volga and the Onega via the Sheksna.

The only inhabited locality on the lakeshore is the village of Charonda which is a former trading settlement founded in the 13th century, currently having the population under ten and almost deserted.

In Sovza, a number of prison camps were operating, and the railroad was used to transport timber.

In 2006, the prison camps were closed, Sovza was abolished, and the railway was demolished.