Lovettsville, VA is a small town located near Washington DC with a population of 2,372. It offers many amenities including two bedroom rent at $1,880 which is much higher than the US average of $1,430. The Grocery Cost Index for Lovettsville is also higher than the national average at 113 versus 100. There are many local companies in Lovettsville that provide goods and services to the community such as Lovettsville Hardware & Supply Co., Three Oaks Farm Market, and JW Electrical Services LLC. These businesses give residents convenient access to all their needs while keeping their money in the community.
Lovettsville has an unemployment rate of 4.1%. The US average is 6.0%.
Lovettsville 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 43.0%, which is higher than the US average of 33.5%.
Tax Rates for Lovettsville
- The Sales Tax Rate for Lovettsville is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Lovettsville 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 Lovettsville
- The average income of a Lovettsville resident is $40,275 a year. The US average is $37,638 a year.
- The Median household income of a Lovettsville resident is $126,912 a year. The US average is $69,021 a year.