Laurel Hill, VA Economy


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Laurel Hill, VA is a small city with a population of 8,352. Located off of Highway 29 in Northern Virginia, it is home to many local businesses such as Brown’s Automotive and Oil Change, Riverside Restaurant & Bar, and the Laurel Hill Garden Center. Amenities in the area include several local parks such as Ettrick Park with playgrounds, picnic areas and basketball courts; churches like New Hope Apostolic Church and Christ Chapel; and recreational activities like golf at West End Golf Course & Driving Range. The average two bedroom rent rate in this city is $2,180 compared to $1,430 nationwide, while the grocery cost index stands at 112 compared to 100 nationwide.

Laurel Hill has an unemployment rate of 4.6%. The US average is 6.0%.

Laurel Hill has seen the job market decrease by -5.3% over the last year. Future job growth over the next ten years is predicted to be 36.7%, which is higher than the US average of 33.5%.

Tax Rates for Laurel Hill
- The Sales Tax Rate for Laurel Hill is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Laurel Hill 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 Laurel Hill
- The average income of a Laurel Hill resident is $49,333 a year. The US average is $37,638 a year.
- The Median household income of a Laurel Hill resident is $108,219 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyLaurel Hill, VirginiaUnited States
    Unlock6
    Unlock-6.2%
    Unlock33.5%
    Unlock6.2%
    Unlock4.6%
    Unlock$37,638
    Unlock$69,021
    Unlock$85,028
  Population by Occupation
    Unlock1.2%
    Unlock0.5%
    Unlock6.8%
    Unlock10.0%
    Unlock2.5%
    Unlock11.0%
    Unlock4.8%
    Unlock0.8%
    Unlock1.9%
    Unlock4.7%
    Unlock1.9%
    Unlock7.6%
    Unlock0.1%
    Unlock4.2%
    Unlock9.3%
    Unlock14.0%
    Unlock2.1%
    Unlock7.0%
    Unlock4.8%
    Unlock4.7%
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