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Loudoun County, VA

Blue Ridge

RANK #952 / 996 NAT  ·  #36 / 37 VA  ·  POP 420,773

1YR FORECAST: +0.3%

5YR OUTLOOK: +8%

Our model projects Loudoun County's housing market at +0.3% over the next year, underperforming most U.S. counties.

[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] Top Employers

  1. 1
    Loudoun County Public Schools Education
    10,000+
  2. 2
    Loudoun County Government Government
    2,500+
  3. 3
    M.C. Dean Inc. Other
  4. 4
    Verizon Business Technology
  5. 5
    Northrop Grumman Manufacturing
  6. 6
    Raytheon Technologies Manufacturing
  7. 7
    Inova Loudoun Hospital Healthcare
    1,000+
  8. 8
    U.S. Postal Service Government
  9. 9
    United Air Lines Logistics
  10. 10
    Wal Mart Associates Retail

Estimated local headcount ranges. Larger employers shown as floor + "+"; smaller employers show exact counts where reported.

[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
Bachelor's Degree+
63.5%
of residents (national avg: 33%)

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] Crime & Safety

A
SAFETY
GRADE
Homicide Rate
1.1
per 100K · nat avg 6.3
Firearm Fatalities
4.3
per 100K · nat avg 14.8
Injury Deaths
28.9
per 100K · nat avg 76.3
vs National Average
Well below national avg
based on homicide rate

Source: CDC/NCHS vital statistics via County Health Rankings (2020–2022 avg). Rates per 100,000 population. Grade based on homicide rate relative to national average (~6.3). Learn more →

[06] Air Quality

B
AIR QUALITY
GRADE
Median AQI (3yr)
37.7
Good
Good Air Days
86%
942 of 1,092 days
Unhealthy+ Days (3yr)
7
Sensitive groups affected
Primary Pollutant
Ozone
Ground-level ozone
Yearly Trend
2021
37
2022
37
2023
39
Median AQI · lower is better

Source: EPA Air Quality System (2021–2023). Grade based on 3-year average median AQI. Learn about AQI →

[07] 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.

[08] 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.

[09] Frequently Asked Questions

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

The data is not encouraging — Loudoun County scores just 4/100 on the Boom Town Index, ranking #952 of 996 counties. Job growth at +4.8% and median household income of $170,463 reflect an economy that has been contracting or stagnating relative to the rest of the country.

Is Loudoun County affordable?

Housing in Loudoun County is roughly in line with national affordability norms. The median home costs $657,000 and the income-to-home-value ratio sits at 0.26, with rents averaging $2,195/month. Not a bargain, but not a stretch for most local earners either.

Is Loudoun County growing or shrinking?

Loudoun County is growing on multiple fronts. Population is up +1.7% year-over-year while employers added jobs at a +4.8% clip. Home values shifted +0.2% in the past year.

Are people moving to Loudoun County?

There's a moderate stream of newcomers. About 3.46% of residents moved from another state, which is above average and suggests Loudoun County has appeal as a relocation destination — though it's not among the highest-inflow counties nationally.

[10] Similar Counties by Size & Score

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