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 10 critical areas where Loudoun ranks No. 1:
- Top U.S. Median Household Income
Loudoun is the No. 1 county in America for household income ($134,464), according to the U.S. Census Bureau, for the 10th year in a row. Part of that can be attributed to having one of the most educated workforces in the country (almost 60 percent have at least a bachelor’s degree), as well as one of the lowest unemployment rates in the region (2.4 percent as of July 2018).
- Top Business Investment for Counties of Its Size
Last year the International Economic Development Council announced that Loudoun led the U.S. in investment for counties of its size, with $3.3 billion of investment in fiscal year 2017 alone. That total almost doubled in FY2018 to $6.4 billion. Over the last five years, Loudoun has attracted more than $13 billion in commercial investment.
- Top Purchasing Power
A study from SmartAsset shows that Loudoun residents get more for their money than people in any other county in Virginia. The study compares median income and cost-of-living data nationwide to find the counties where people hold the most purchasing power.
Quality of Life Factors:
- Fastest-Growing County in Virginia
Every day, Loudoun County adds an average of 30 new residents, leading to 28.9 percent population growth since 2010, tops in the Commonwealth of Virginia. Nationally, over that span, Loudoun ranks 19th in growth of 3,142 counties and eighth 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.
- Healthiest County in Virginia
Loudoun County has the right mix of resources, healthcare options, and open spaces to lead the list of County Health Ranking’s healthiest counties in Virginia. Loudoun has led Virginia for several years, thanks in part to a wealth of fitness-related businesses that meet the demand of health-conscious residents.
- 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 19 percent since 2012, while the county’s population has increased by more than 50,000.
- 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 2018 study, “What makes Loudon County residents so happy is the strong economic conditions in the region. This county has an unemployment rate under 3 percent and a poverty rate of 4 percent.”
- Most Wineries and Breweries in Virginia
Loudoun is taking full advantage of the craft beverage revolution, with more wineries (47) and more breweries (33) 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 which is worth more than $118 million per year.
- Top Data Center Market in the World
More than 70 percent of all daily global Internet traffic travels through Loudoun County, thanks 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.
- Agricultural Excellence
Loudoun has kept up with the craft beverage boom by planting the most grape vines of any jurisdiction in the Commonwealth. That contributes to Loudoun leading Virginia in total number of wine grapes and berries, as well as in bees and honey farms. Additionally, Loudoun’s equine industry has a $180 million annual economic impact in the county, which also leads Virginia.
- Farm Ownership Diversity
The USDA’s Census of Agriculture showed that there are more than 500 women-owned farms in Loudoun (36 percent), and more than 50 Hispanic or Latino-owned farms, both figures that lead the Commonwealth. In 2017, Business Insider ranked the D.C. region in the top 10 locations for women to launch a business, citing access to funding and talent.
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.