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Loudoun County, VA

RANK #584 / 996  ·  POP 420,773  ·  VA

PROJECTED GROWTH: +0.4%

Loudoun County shows below-average economic momentum. Growth signals are flat or softening.

[01] Why Loudoun County?

Middleburg, known as America's horse and hunt country capital, offers a glimpse into Loudoun County's distinctive character with its historic buildings and equestrian tradition. Located in Northern Virginia, about 25 miles from Washington, D.C., Loudoun County blends suburban areas with rural landscapes. Commuting to Washington, D.C., is possible via the Silver Line Metro extension and commuter bus services. The county features rolling hills, vineyards, and parts of the Blue Ridge Mountains, providing opportunities for outdoor recreation like hiking, biking, and water activities.

Loudoun County attracts families and professionals, partly due to its public school system, which is among the largest in Virginia. The local economy is significantly shaped by technology and data infrastructure, with a high concentration of data centers. This economic activity contributes to the county's financial health and helps fund public services. While the cost of living, particularly housing, is higher than national averages, residents often have higher incomes. The county also emphasizes community events and a blend of urban amenities with rural charm.

[02] Market Snapshot

Housing Ratio
7.4x

Overvalued relative to economy

GDP Growth
+4.3%

Well above national median

Home Prices
+0.2%

Well below national median

Climate & Terrain
-0.6

Below-average climate & terrain

Price/Rent
21x

Prices detached from rents

Housing looks overvalued at 7.4x — home prices are high relative to local economic output. The typical U.S. county is 4–6x.

[03] Signal Profile

[04] Home Value Growth vs National

Loudoun County U.S. National

The Numbers

DEMOGRAPHICS
Population
420,773
+1.74% YoY
Median Household Income
$170,463
Median Home Value
$657,000
+0.2% 12mo
Median Rent
$2,195
Average Annual Pay
$84,788
+5.4% YoY
Employment
198,113
+4.8% YoY
Income-to-Home-Value
0.2595
More affordable than average
Migration Inflow
3.46%
of pop. from another state

Market Activity

REAL ESTATE
Median Sale Price
$775,000
Days on Market
34
Active market
Months of Supply
1.8
Seller's market
Sale-to-List Ratio
100.2%
Homes selling above asking
Sold Above List
37.2%
Listings w/ Price Drops
17.1%
Building Permits (2024)
3,314
Single-Family Permits
1,496

Source: Redfin · Census BPS — Browse sales on Redfin →

[05] Capital Investment

$11,144M
TOTAL
PROJECT AMOUNT STATUS
Google Data Center Expansion (Loudoun County)
Google
$9,000M Planned
AWS Data Center Campus (South of Dulles International Airport)
Amazon Web Services (AWS)
$1,000M Under Construction
CyrusOne Data Center Complex (57.6-acre land parcel)
CyrusOne
$500M Planned
Residential Development Portfolio (Multiple Communities)
Various (Pulte Homes, Toll Brothers, Beazer Homes, Tri Pointe Homes)
$500M Under Construction
STACK Infrastructure 144MW Data Center Campus
STACK Infrastructure
$144M Planned
Microsoft Data Center Developments (Loudoun County)
Microsoft
Under Construction

Source: public records, news, corporate announcements. Amounts are estimates where noted.

[06] Score Breakdown

GDP Growth +4.3% 77 percentile
Population Growth +1.7% 87 percentile
Income Growth +8.7% 55 percentile
Vacancy Rate 0.6% 92 percentile
Home Price Change +0.2% 33 percentile
Rent Growth +1.2% 23 percentile
Price/Rent 21x 6 percentile

Bars show percentile rank among all 996 counties.

[07] Frequently Asked Questions

Is Loudoun County, VA a good place to move to?

Loudoun County has a Boom Town Index score of 41/100, ranking #584 among 996 U.S. counties. With job growth at +4.8% and a median household income of $170,463, it faces some economic headwinds compared to faster-growing counties.

Is Loudoun County affordable?

The median home value in Loudoun County is $657,000 with median rent at $2,195/month. The income-to-home-value ratio is 0.2595, which is more affordable than the national average.

Is Loudoun County growing or shrinking?

Population growth: +1.7% year-over-year. Job growth: +4.8%. Home values changed +0.2% in the past 12 months.

Are people moving to Loudoun County?

Yes — 3.46% of Loudoun County's population moved from another state, which is above the national average and indicates strong in-migration.

[08] Similar Metros

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