Louisa, VA Economy


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United States / Virginia / No Metro Area / Louisa County / Louisa / Zip Codes
Louisa, Virginia is an attractive area to live due to its low cost of living. The average two-bedroom rent is $1,020 which is much lower than the US average rent of $1,430. Additionally, the Grocery Cost Index in Louisa is 97 versus 100 in the US, making groceries more affordable as well. The area also offers many attractions such as numerous local businesses like Mockingbird Cafe & Bakery, General Store Antiques and River District Arts. With its pleasant atmosphere and affordable expenses, Louisa provides a great place for people looking for a comfortable place to call home.

Louisa has an unemployment rate of 4.3%. The US average is 6.0%.

Louisa has seen the job market increase by 3.9% over the last year. Future job growth over the next ten years is predicted to be 38.5%, which is higher than the US average of 33.5%.

Tax Rates for Louisa
- The Sales Tax Rate for Louisa is 5.3%. The US average is 7.3%.
- The Income Tax Rate for Louisa is 5.8%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.

Income and Salaries for Louisa
- The average income of a Louisa resident is $21,932 a year. The US average is $28,555 a year.
- The Median household income of a Louisa resident is $42,407 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyLouisa, VirginiaUnited States
  4.36
  -4.0%-6.2%
  38.5%33.5%
  5.3%6.2%
  5.8%4.6%
  $34,943$37,638
  $42,407$69,021
  $66,607$85,028
  Population by Occupation
  0.9%1.2%
  0.0%0.5%
  2.1%6.8%
  10.2%10.0%
  0.9%2.5%
  8.6%11.0%
  8.4%4.8%
  2.8%0.8%
  0.0%1.9%
  10.0%4.7%
  0.2%1.9%
  4.5%7.6%
  0.0%0.1%
  7.2%4.2%
  16.1%9.3%
  7.9%14.0%
  0.0%2.1%
  12.1%7.0%
  3.9%4.8%
  4.0%4.7%
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