Counties › Virginia

Cost of Living in Louisa County, VA

Population 39,980 · Census ACS 2020–2024 5-year estimates

Median rent$1,220
Median home value$315,300
Median household income$86,689

The median rent in Louisa County, VA is $1,220/month, 23% lower than the Virginia median and 14% lower than the U.S. median. The median home value is $315,300, 5% lower than the national median. Households earn a median of $86,689 a year, 7% lower than the state median.

Affordability

Rent as a share of median income: 16.9%
Income needed for median rent (30% rule): $48,800/yr
Home price-to-income ratio: 3.6×
Est. mortgage on the median home (20% down, 6.5% for 30 yrs, principal + interest): $1,594/mo

Run your own numbers: mortgage calculator · hourly to salary

Louisa County vs. Virginia vs. U.S.

Louisa CountyVirginiaU.S.
Median rent$1,220$1,579$1,413
Median home value$315,300$383,700$332,700
Median household income$86,689$93,170$80,734
Homeownership rate82.2%67.3%65.2%
Bachelor's degree or higher29.7%42.2%35.7%
Poverty rate10.0%9.9%12.5%
Unemployment rate5.8%4.3%5.2%
Work from home11.7%18.3%15.1%
Median age44.839.038.9

FAQ

What is the average rent in Louisa County, VA?

The median gross rent in Louisa County, VA is $1,220 per month (ACS 2020–2024 5-year estimate).

How much do I need to earn to live in Louisa County, VA?

Using the common 30% rule, renting a median-priced home takes about $48,800 a year in gross income.

Is Louisa County, VA expensive to live in?

Rent there is 14% lower than the U.S. median, and the median home costs about 3.6 times the median household income.

Other counties in Virginia

Fairfax County, VARent $2,276 · Income $153,637Prince William County, VARent $2,067 · Income $131,402Virginia Beach city, VARent $1,714 · Income $92,968Loudoun County, VARent $2,386 · Income $181,765Chesterfield County, VARent $1,629 · Income $101,931Henrico County, VARent $1,541 · Income $88,783

Counties with a similar cost of living

Madison County, ALRent $1,209 · Income $86,499Porter County, INRent $1,219 · Income $87,972Rensselaer County, NYRent $1,217 · Income $87,915Franklin County, WARent $1,198 · Income $86,714Cass County, MORent $1,205 · Income $87,535Carroll County, NHRent $1,195 · Income $86,463

Source: U.S. Census Bureau, American Community Survey 5-year estimates. Estimates have margins of error, especially for smaller places. This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

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