Louisa County, Virginia: commercial real estate data.
Louisa County, Virginia has a population of 39,980 across 496 square miles, up 12.0 percent since the 2020 census base. 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.
121 sourced county values · tier FULL · 11 sections
Louisa County
How many people live in Louisa County
- Population39,980
- 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-equivalents1205th
Louisa County is the 44th largest of 133 Virginia counties by population. A median home costs 3.6 times median household income, which is an affordable ownership market 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 storey product rather than schools.
US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.
Louisa County
Is Louisa County growing
- Population change since the 2020 census base12.04 percent
- Census 2020 base population37,583
- 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
The county has grown 12.04 percent since the 2020 census base. Deaths exceeded births in 2024, so all of the growth came from people moving in. A market held up by migration alone 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 people moving to Louisa County come from
- Tax returns filed by households arriving1,622
- People arriving, from those returns3,098
- Adjusted gross income arriving$146.4 m
- Net adjusted gross income movement$0
- Average income of an arriving household$90,273
- Largest single originLouisa County Non-migrants (14,386 households)
- Largest single destination (14,386 households)
| Origin | Households | People | Adjusted gross income |
|---|---|---|---|
| Louisa County Non-migrants | 14,386 | 29,129 | $1.16 bn |
| Other flows - Different State | 364 | 717 | $36.9 m |
| Other flows - Same State | 259 | 484 | $22.1 m |
| Other flows - South | 198 | 387 | $22.7 m |
| 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 |
The largest single source of arrivals is Louisa County Non-migrants, 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 the Louisa County economy runs on
- 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 Virginia counties35th
- Rank by GDP among US county-equivalents952nd
- 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
Who employs people in Louisa County
- Covered employment, annual average10,206
- Establishments reporting1,111
- Average annual pay$60,052
- Average weekly wage$1,155
- Sector 44-45, employment1,202
- Sector 44-45, average annual pay$29,867
- Sector 31-33, employment1,048
- Sector 31-33, average annual pay$64,242
- Sector 22, employment1,001
- Sector 22, average annual pay$127,107
- Sector 23, employment937
- Sector 23, average annual pay$67,717
- Sector 72, employment726
- Sector 62, employment607
| Sector | Employment | Establishments | Average annual pay |
|---|---|---|---|
| Sector 44-45 | 1,202 | 81 | $29,867 |
| Sector 31-33 | 1,048 | 36 | $64,242 |
| Sector 22 | 1,001 | 5 | $127,107 |
| Sector 23 | 937 | 132 | $67,717 |
| Sector 72 | 726 | 53 | $25,597 |
| Sector 62 | 607 | 350 | $42,817 |
| Sector 56 | 439 | 58 | $59,754 |
| Sector 54 | 277 | 72 | $99,418 |
The largest sector is the biggest private employer group at 1,202 jobs, 11.8 percent of covered employment. Average pay per job sits below median household income, so households here typically need more than one earner.
US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages.
Louisa County
What businesses operate 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.
US Census Bureau, County Business Patterns, 2023.
Louisa County
What is being built in Louisa County
- Housing units authorised by permit, 2024409
- Declared construction value permitted$124.9 m
- Single family units authorised409
- Multifamily units authorised0
- Multifamily share of units0.0 percent
- Average declared value per unit$305,304
- Units authorised per 1,000 households26.3
Multifamily is 0.0 percent of units authorised, so the pipeline is predominantly for sale product.
US Census Bureau, Building Permits Survey, 2024 annual.
Louisa County
How much SBA lending happens in Louisa County
- 7(a) approvals recorded24
- 7(a) gross approval dollars$11.7 m
- Average 7(a) approval$486,896
- Median 7(a) approval$202,100
- 10th percentile approval$40,000
- 90th percentile approval$1,519,000
- 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
- Leading industry by approval countFull-Service Restaurants (2)
- Most active lenderNewtek Bank, National Association (3)
- 504 approvals recorded8
- 504 gross approval dollars$8.1 m
- Average 504 approval$1,011,250
- Median 504 approval$373,000
- Distinct CDCs active3
- 504 jobs per approval9.1
- 504 jobs per million dollars approved9.0
- Most active CDCBusiness Finance Group, Inc. (4)
- 7(a) share of SBA approvals75.0 percent
- Combined SBA approval dollars$19.8 m
The average approval of $486,896 sits well above the median of $202,100, so a small number of large deals is pulling the mean up. The median is the better guide to what a typical borrower here actually 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
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
Too few loans have reached a final outcome to publish a charge off rate. only 6 resolved loans, too few to publish a rate. A rate computed on a handful of loans is noise, so none is shown.
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30.
Louisa County
Which parts of Louisa County get the lending
- Places in the county with recorded lending6
- LOUISA, approvals10
- Mineral, approvals8
- ZION CROSSROADS, approvals3
- BUMPASS, approvals1
- GORDONSVILLE, approvals1
- SPOTSYLVANIA, approvals1
| Place | 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 big 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.
Coverage
What this page does not hold.
Every item below could be filled with a plausible figure. None of them is. On a page a lender may read, a number that cannot be traced is worse than an absence, so the absences are named.
- No NFIP communities are listed for this county in the FEMA Community Status Book.
- Flood zone record counts are not held. The flood coverage export has not landed, so no count is shown rather than an estimated one.
- Traffic counts resolve in the platform, not in this dataset, so no AADT figure is printed here.
- Zoning is in build. Parcel level zoning is not published on this page.
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.
- Population39,980
- 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?
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 growing?
The population has grown 12.04 percent since the 2020 census base. 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 there 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 the average wage in Louisa County?
Average annual pay is $60,052, or $1,155 a week, across 10,206 covered jobs. 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 totalling $11.7 m since FY2020, across 16 lenders, with a median approval of $202,100, plus 8 504 approvals worth $8.1 m. These are approvals recorded in the release, not loans disbursed.
What is being built in Louisa County?
409 housing units were authorised 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 Louisa County Non-migrants, with 14,386 households. Arriving households report an average income of $90,273 against null 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?
Not yet. The zoning layer is in build. Nothing on this page presents parcel level zoning, and where a statutory framework applies it is marked as the statewide frame with confirm locally attached.