Louisa County, Virginia: commercial real estate data.
Louisa County, Virginia had an estimated 42,109 residents on July 1, 2024, up 12.0 percent since the 2020 census base of 37,583, across 496 square miles. County output reached $3.11 bn in 2024, 683 establishments operate here, and the SBA record carries 24 7(a) approvals worth $11.7 m since FY2020.
Underlined figures are computed by MMCG Analytics, not published by the agency.
Louisa County
How many people live in Louisa County
- Population, American Community Survey 2020-202439,980
- Households15,561
- Average household size2.57
- Median household income$86,689
- Median age44.8
- Median gross rent$1,220 per month
- Median owner-occupied home value$315,300
- Home value to household income3.6 times
- Annual rent as a share of median income16.9 percent
- Adults 25 and over with a bachelor degree or higher29.7 percent
- Adults 25 and over with a graduate degree12.2 percent
- Adults 25 and over29,489
- Population under 187,993
- Share under 1820.0 percent
- Population 65 and over8,404
- Share 65 and over21.0 percent
- Working age population, 18 to 6423,583
- Civilian labor force20,700
- Unemployment rate5.8 percent
- Labor force participation, adults 18 and over64.7 percent
- Rank by population among Virginia counties44th of 133
- Rank by population among US county-equivalents, Puerto Rico included1205th of 3,222
Louisa County is the 44th largest of 133 Virginia counties by population. A median home costs 3.6 times median household income, which is moderately unaffordable by national standards. Residents 65 and over outnumber those under 18, at 21.0 percent against 20.0 percent, which points demand at health care, services and single story product rather than schools.
US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.
Louisa County
Is Louisa County's population growing?
- Population, July 1, 202442,109
- Census 2020 base population37,583
- Population change since the 2020 census base12.04 percent
- Population change, 2023 to 20241,101
- Births, 2024420
- Deaths, 2024473
- Natural change, 2024-53
- Net domestic migration, 20241,070
- Net international migration, 202490
- Total net migration, 20241,160
- Cumulative net domestic migration, 2021 to 20244,308
- Rank by growth among US county-equivalents110th of 3,144
The county has grown 12.04 percent since the 2020 census base. Deaths exceeded births in 2024 and the population still grew, so all of the growth came from people moving in. A market held up by migration is more sensitive to a change in relative cost than one growing from household formation.
US Census Bureau, Population Estimates Program, Vintage 2024, Vintage 2024, estimates 2020 to 2024.
Louisa County
Where are people moving to Louisa County from?
- Tax returns filed by households arriving1,622
- People arriving, from those returns3,098
- Tax returns filed by households leaving1,113
- Net household movement509
- Adjusted gross income arriving$146.4 m
- Net adjusted gross income movement$68.4 m
- Average income of an arriving household$90,273
- Average income of a leaving household$70,103
- Largest single originAlbemarle County (127 households)
- Largest single destinationAlbemarle County (87 households)
| Origin | Households | People | Adjusted gross income |
|---|---|---|---|
| Albemarle County | 127 | 239 | $6.4 m |
| Henrico County | 121 | 215 | $8.1 m |
| Orange County | 114 | 229 | $7.7 m |
| Spotsylvania County | 107 | 205 | $7.7 m |
| Fluvanna County | 81 | 155 | $6.4 m |
| Hanover County | 80 | 165 | $5.8 m |
| Chesterfield County | 52 | 92 | $4.2 m |
| Prince William County | 46 | 86 | $6.3 m |
Households arriving report $20,170 more average income than households leaving, so the migration is raising local spending power rather than just moving it around. The largest single source of arrivals is Albemarle County, which is the catchment a retail or multifamily study should look at first.
US Internal Revenue Service, Statistics of Income county migration flows, 2021 to 2022 filing years.
Louisa County
What is the Louisa County economy?
- County GDP, 2024$3.11 bn
- County GDP, 2023$3.18 bn
- GDP change, 2023 to 2024-2.4 percent
- GDP change over five years35.7 percent
- Rank by GDP among the Virginia areas BEA publishes35th of 105
- Rank by GDP among the US county areas BEA publishes952nd of 3,127
- GDP per resident$77,719
Output grew -2.4 percent in the latest year and 35.7 percent over five, which is the trend line a lender will read behind any single year figure.
US Bureau of Economic Analysis, Regional, table CAGDP2, CAGDP2, through 2024.
Louisa County
Employment by industry in Louisa County
- Covered employment, annual average10,206
- Establishments reporting1,111
- Average annual pay$60,052
- Average weekly wage$1,155
- Retail trade, employment1,202
- Retail trade, average annual pay$29,867
- Manufacturing, employment1,048
- Manufacturing, average annual pay$64,242
- Utilities, employment1,001
- Utilities, average annual pay$127,107
- Construction, employment937
- Construction, average annual pay$67,717
- Accommodation and food services, employment726
- Health care and social assistance, employment607
| Sector | Employment | Establishments | Average annual pay |
|---|---|---|---|
| Retail trade | 1,202 | 81 | $29,867 |
| Manufacturing | 1,048 | 36 | $64,242 |
| Utilities | 1,001 | 5 | $127,107 |
| Construction | 937 | 132 | $67,717 |
| Accommodation and food services | 726 | 53 | $25,597 |
| Health care and social assistance | 607 | 350 | $42,817 |
| Administrative and support and waste management services | 439 | 58 | $59,754 |
| Professional, scientific and technical services | 277 | 72 | $99,418 |
Retail trade is the largest private sector at 1,202 jobs, 11.8 percent of covered employment.
US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages.
Louisa County
How many businesses are in Louisa County?
- Establishments, all industries683
- Employment at those establishments8,738
- Annual payroll$488.0 m
- Establishments per 1,000 residents17.1
These are counts of establishments physically operating in the county, not listings, so they are the supply side a feasibility study measures demand against. County Business Patterns counts private establishments with paid employees in March 2023, while the Quarterly Census of Employment and Wages above counts every unemployment-insured employer, public ones included, as a 2024 annual average, so the two establishment and employment counts differ.
US Census Bureau, County Business Patterns, 2023.
Louisa County
Building permits in Louisa County
- Housing units authorized by permit, 2024409
- Declared construction value permitted$124.9 m
- Single family units authorized409
- Multifamily units authorized0
- Multifamily share of units0.0 percent
- Average declared value per unit$305,304
- Units authorized per 1,000 households26.3
Single-family homes are 100.0 percent of units authorized, so the pipeline is predominantly single-family.
US Census Bureau, Building Permits Survey, 2024 annual.
Louisa County
SBA loans in Louisa County (7(a) and 504)
- 7(a) approvals recorded24
- 7(a) gross approval dollars$11.7 m
- Average 7(a) approval$486,896
- Median 7(a) approval$176,050
- 10th percentile approval$40,000
- 90th percentile approval$1,340,800
- Largest single approval$2,821,000
- Jobs reported supported, 7(a)278
- Jobs per approval11.6
- Distinct 7(a) lenders active16
- Distinct industries receiving approvals18
- Median 7(a) term120 months
- Share of loans on real estate terms, 240 months or longer20.8 percent
- Loans on real estate terms5
- Loans on working capital terms, 120 months or shorter17
- Franchise loans2
- Franchise share of approvals8.3 percent
- 504 approvals recorded8
- 504 gross approval dollars$8.1 m
- Average 504 approval$1,011,250
- Median 504 approval$368,000
- Distinct CDCs active3
- 504 jobs per approval9.1
- 504 jobs per million dollars approved9.0
- Most active CDCBusiness Finance Group, Inc. (4)
- Combined SBA approval dollars, 7(a) FY2020 to FY2026 and 504 FY2010 to FY2026$19.8 m
The average approval of $486,896 sits well above the median of $176,050, pulled up by a few larger deals, so the median is the better guide to what a typical borrower here gets. Only 20.8 percent of approvals run on real estate terms, so SBA credit here is mostly working capital and equipment rather than property acquisition.
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30. US Small Business Administration, 504 FOIA release, FY2010 to FY2026 year to date, as of 2026-06-30.
Louisa County
SBA loan default and charge-off rates in Louisa County
Do SBA loans in Louisa County get paid back?
- Loans with a final outcome recorded6
- Paid in full6
- Charged off0
- Status: Paid in full6
- Status: Exempt from disclosure15
- Status: Cancelled2
- Status: Committed, not yet disbursed1
Only 6 loans have reached a final outcome, fewer than the 30 a charge-off rate needs, so no rate is published.
Compare against the national and state SBA charge-off rates, computed the same way over resolved loans only.
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30.
Louisa County
SBA lending by place in Louisa County
- Borrower cities with recorded lending6
- Louisa, approvals10
- Mineral, approvals8
- Zion Crossroads, approvals3
- Bumpass, approvals1
- Gordonsville, approvals1
- Spotsylvania, approvals1
| Borrower city | Approvals | Gross approval dollars |
|---|---|---|
| Louisa | 10 | $3,696,100 |
| Mineral | 8 | $4,337,400 |
| Zion Crossroads | 3 | $3,222,000 |
| Bumpass | 1 | $350,000 |
| Gordonsville | 1 | $40,000 |
| Spotsylvania | 1 | $40,000 |
Louisa accounts for 10 approvals against 8 in Mineral. County level figures average over that gap, which is why a site decision is made at the submarket rather than the county.
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30.
Louisa County
How large is Louisa County?
- Land area496 sq mi
- Rank by land area among Virginia counties25th of 133
- Width, east to west33.8 mi
- Height, north to south29.2 mi
- Geographies sharing a boundary6
- Residents per square mile of land81
- Establishments per square mile1.38
US Census Bureau county boundary geometry, TIGER, adjacency computed from shared boundary vertices, TIGER county boundaries. US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year. US Census Bureau, County Business Patterns, 2023.
Louisa County
Flood risk in Louisa County
- Participation of the county's own NFIP community Louisa County, unincorporated areasNot participating, community 510092
- Communities in the county in the NFIP Community Status Book3
- Of those, participating in the NFIP0
- NFIP participation rate0.0 percent
- Communities carrying a CRS class0
- Radon levels in Louisa County, EPA zone predicted average indoor radon screening level greater than 4 pCi/LZone 1
The county's own community in the status book, unincorporated Louisa County (community 510092), does not participate in the National Flood Insurance Program and carries no Community Rating System class, so no CRS premium discount applies there. The EPA places Louisa County in radon zone 1, a predicted average indoor radon screening level greater than 4 pCi/L. The zone is a screening prediction for the county and does not substitute for a test at an address. 0.0 percent of the county's listed communities participate in the National Flood Insurance Program, per Federal Emergency Management Agency, NFIP Community Status Book (OpenFEMA), as of 2026-09-26.
Federal Emergency Management Agency, NFIP Community Status Book (OpenFEMA), as of 2026-09-26. US EPA, Map of Radon Zones, county spreadsheet, 2024-05 publication, EPA 402/A-16/001.
Coverage
What this page does not hold.
Traffic counts, zoning and the flood zone at an address are not on this page; they resolve at the address in the platform. How this page was built →
Feasibility studies
When a Louisa County site needs a document a lender will accept.
The same data layer behind this page is the one the studies are written from. A study for a Louisa County site starts with the figures you are reading, carrying the same source and period into the credit file.
- Population, American Community Survey 2020-202439,980
- Households15,561
- Average household size2.57
- Median household income$86,689
- Median age44.8
Common questions
Louisa County questions, answered from the record.
How many people live in Louisa County, Virginia?
The Census Bureau estimates 42,109 residents on July 1, 2024 (US Census Bureau, Population Estimates Program, Vintage 2024). The American Community Survey 2020-2024 five-year estimate is 39,980, in 15,561 households, ranking 44th of 133 Virginia counties. Source: US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.
Is Louisa County's population growing?
The population has grown 12.04 percent since the 2020 census base of 37,583, to 42,109 on July 1, 2024. In 2024 there were 420 births against 473 deaths, with net migration of 1,160. Source: US Census Bureau, Population Estimates Program, Vintage 2024, Vintage 2024, estimates 2020 to 2024.
What is the median household income in Louisa County?
$86,689. The median owner-occupied home is valued at $315,300, which is 3.6 times income, and median gross rent is $1,220 per month. Source: US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.
How many businesses are in Louisa County?
683 establishments, employing 8,738 people with an annual payroll of $488.0 m. These are establishments physically operating in the county, not listings. Source: US Census Bureau, County Business Patterns, 2023.
What is employment by industry in Louisa County?
Retail trade is the largest private sector at 1,202 jobs, 11.8 percent of covered employment. Covered employment averages 10,206 jobs at an average annual pay of $60,052, or $1,155 a week. Source: US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages.
How much SBA lending happens in Louisa County?
24 7(a) approvals totaling $11.7 m since FY2020, across 16 lenders, with a median approval of $176,050, plus 8 504 approvals worth $8.1 m since FY2010. These are approvals recorded in the release, not loans disbursed.
How many building permits were issued in Louisa County?
409 housing units were authorized by permit in 2024, with a declared construction value of $124.9 m. Multifamily was 0.0 percent of units. Source: US Census Bureau, Building Permits Survey, 2024 annual.
What is the radon zone for Louisa County?
Zone 1, a predicted average indoor radon screening level greater than 4 pCi/L. Source: US EPA, Map of Radon Zones, county spreadsheet, 2024-05 publication, EPA 402/A-16/001.
Where do people moving to Louisa County come from?
The largest single origin is Albemarle County, with 127 households. Arriving households report an average income of $90,273 against $70,103 for those leaving. Source: US Internal Revenue Service, Statistics of Income county migration flows, 2021 to 2022 filing years.
Are traffic counts available for Louisa County on this page?
No. Annual average daily traffic resolves in the platform rather than in this dataset, so no AADT figure is printed here. It is a gap we know about rather than a figure we estimated.
Is zoning published for Louisa County?
No. Nothing on this page presents parcel level zoning, and where a statutory framework applies it is marked as the statewide frame, to be confirmed locally.
Louisa County
Cities and places in Louisa.
3 Census places lie wholly or partly in Louisa County. All 3 carry enough published place level data for a page of their own and are linked.
| Place | Type | Population | SBA 7(a) approvals, projects in this county | Lies in |
|---|---|---|---|---|
| Louisa | town | 2,435 | 10 | Wholly in this county |
| Blue Ridge Shores | CDP | 918 | None recorded | Wholly in this county |
| Mineral | town | 555 | 8 | Wholly in this county |
A further 6 of the county's 24 SBA 7(a) approvals are to borrowers in cities that match no Census place in Louisa County, the largest being Zion Crossroads (3), Bumpass (1), Gordonsville (1). Those are postal cities, unincorporated areas and cities outside the county, so no place row claims them; they are counted in the county total above.
Nearby