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 increase by 2.0% 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 $46,309 a year. The US average is $28,555 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
  4.66
  -5.3%-6.2%
  36.7%33.5%
  6.0%6.2%
  5.8%4.6%
  $49,333$37,638
  $108,219$69,021
  $141,667$85,028
  Population by Occupation
  0.0%1.2%
  0.0%0.5%
  5.1%6.8%
  3.4%10.0%
  0.0%2.5%
  12.5%11.0%
  4.8%4.8%
  0.3%0.8%
  1.5%1.9%
  3.7%4.7%
  1.0%1.9%
  14.9%7.6%
  0.0%0.1%
  2.8%4.2%
  10.2%9.3%
  5.7%14.0%
  2.3%2.1%
  4.7%7.0%
  5.5%4.8%
  21.7%4.7%
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