Zip 20180 (Lovettsville, VA) Economy


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Lovettsville, VA is a charming town located in Loudoun County. The population of Lovettsville is 2,071 and the median age is 37.7 years old. It is a great place to live due to its close proximity to Washington D.C., by car it’s only about an hour away. The residents of Lovettsville are proud of their town’s history; it was founded in 1836 by Jacob Lovatt and his wife Mary Ann.
The average cost for a two bedroom rental property in Lovettsville is $1,970 which is slightly higher than the national average of $1,430 but still affordable for those looking for a place to live in this beautiful area. Grocery prices are also relatively high; the grocery cost index in Lovettsville is 113 versus 100 nationally, so you may want to shop around for better savings.
There are plenty of local businesses that cater to the needs of the community including a variety of shops such as Kallay’s Shoes & Boots, Wellies Garden Center and Tack Shop, Eat Good Cafe & Bakery, Rockledge Farm Market & Bakery and more. Additionally, there are many restaurants like Carmello’s Ristorante Italiano and Masala Wok for those who love to dine out! Residents in Lovettsville have plenty of options when it comes to shopping for groceries or spending time out on the town with family and friends.

Lovettsville (zip 20180) has an unemployment rate of 4.1%. The US average is 6.0%.

Lovettsville (zip 20180) has seen the job market increase by 1.9% 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 (zip 20180)
- The Sales Tax Rate for Lovettsville (zip 20180) is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Lovettsville (zip 20180) 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 (zip 20180)
- The average income of a Lovettsville (zip 20180) resident is $51,343 a year. The US average is $28,555 a year.
- The Median household income of a Lovettsville (zip 20180) resident is $146,302 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyLovettsville, VirginiaUnited States
  4.16
  -5.3%-6.2%
  43.0%33.5%
  6.0%6.2%
  5.8%4.6%
  $59,528$37,638
  $146,302$69,021
  $149,479$85,028
  Population by Occupation
  3.2%1.2%
  0.0%0.5%
  7.5%6.8%
  5.9%10.0%
  2.5%2.5%
  7.4%11.0%
  2.8%4.8%
  0.7%0.8%
  2.4%1.9%
  3.7%4.7%
  2.6%1.9%
  16.8%7.6%
  0.0%0.1%
  3.2%4.2%
  11.7%9.3%
  8.0%14.0%
  1.6%2.1%
  4.5%7.0%
  4.8%4.8%
  10.8%4.7%
Reviews for Lovettsville
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Over 15 years ago

Small town. Great elementary school. Variety of churches. Have to drive 15, 20 or 30 minutes to groceries. Thirty minutes to big town. Friendly little town. Can live  More

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