Loudoun County is a regional, national and international leader for economic and business success while still offering a first-class quality of life.
But don’t take our word for it! Here are sine critical areas where Loudoun ranks No. 1:
Economic Factors:
1. Top Business Growth in Virginia
SmartAsset, a New York-based financial technology company, has ranked Loudoun as the top county for business growth in Virginia for the third year in a row. The last four annual studies have shown 13.2% growth, 13.9% growth, 13.9% growth and 15.8% growth.
2. Top Purchasing Power in Virginia
A study from SmartAsset shows that Loudoun residents get more for their money than people in any other county in Virginia, and ranks 80th among 3,000 counties nationwide. The study compares median income and cost-of-living data nationwide to find the counties where people hold the most purchasing power.
3. Safest County vs. Natural Disasters in the U.S.
FEMA’s National Risk Index gave Loudoun the lowest score of all counties in the United States, considering natural hazards ranging from avalanches, volcanoes and tsunamis to flooding, hail, hurricanes and heatwaves. A lack of natural disasters is important for the commercial investment that your business makes, as well as the uptime that your business can deliver to customers.
Quality of Life Factors:
4. Fastest-Growing County in Virginia
Loudoun County has eclipsed 400,000 residents and adds an average of 30 new residents each day, leading to 29 percent population growth since 2010, tops in Virginia. Nationally, over that span, Loudoun ranks 20th in growth of 3,142 counties and seventh among counties with a population of 100,000 or more. With Washington-Dulles International Airport providing access to more than 50 world capitals, nearly one in four Loudouners were born outside the U.S.
5. Safest County in the National Capital Region
Loudoun County has the lowest crime rate of any jurisdictions in the national capital area, which includes parts of Virginia, Maryland and Washington, D.C. The rate of serious crimes in Loudoun has dropped 34 percent since 2012, while the county’s population has increased by more than 60,000.
6. Highest Home Broadband Access in Virginia
According to the latest figures from the U.S. Census Bureau, Loudoun has the highest percentage of households with a fixed broadband (not mobile) Internet subscription in Virginia. In fact, Loudoun’s 93 percent figure trails only Douglas County, Colo., (which is at 94.6 percent) for the highest broadband Internet subscription in the U.S.
7. Happiest Large County in the U.S.
Loudoun is the happiest large county in the United States, according to results from SmartAsset. According to the 2019 study, “The county has a low poverty rate, with only 3.7 percent of residents living below the poverty line. In addition to economic stability, Loudoun County residents also enjoy relatively long lives. The average life expectancy in the county is 83.19 years.”
Business Success:
8. Most Wineries and Breweries in Virginia
Loudoun is taking full advantage of the craft beverage revolution, with more wineries (40-plus) and more breweries (30-plus) than any other jurisdiction in the state. Not valuing quantity over quality, many of these craft beverage makers have been recognized with regional, national and international awards. This has helped Loudoun develop into a tourist destination, with an economic impact of $1.8 billion in 2017, and a wedding industry that is worth more than $118 million per year.
9. Top Data Center Market in the World
Loudoun County is home to the largest and fastest-growing data center hub in the world. Major industry leaders like Amazon, Verizon Business, Google, Facebook and Salesforce all trust their most important digital assets to the connectivity in Loudoun County. Most importantly, for every dollar Loudoun County invests into data centers, it receives back more than $9.50 in tax revenue, which helps pay for schools, public safety personnel, and other quality-of-life factors that make Loudoun a great place to live, work, play and learn.
10. Agricultural Excellence
Loudoun has kept up with the craft beverage boom by planting the most grapes, hops and honey of any jurisdiction in the Commonwealth. Loudoun also leads Virginia in the number of llamas and alpacas. Loudoun’s equine industry has a $180 million annual economic impact in the county, which also leads Virginia.
11. Farm Ownership Diversity
The USDA’s Census of Agriculture showed that Loudoun leads the Commonwealth in farms owned by women, Latinx, Hispanic, Asian, and military veterans.
If this sounds like the right combination of business resources and lifestyle amenities, then let us help you start or locate your business in Loudoun County. Give us a call today: 1-(800)-LOUDOUN.
