Lovettsville is a very small town located in the state of Virginia. With a population of 2,707 people and two associated neighborhoods, Lovettsville is the 192nd largest community in Virginia. Much of the housing stock in Lovettsville was built relatively recently. The construction of new real estate can often be taken as an indication that the local Lovettsville economy is robust, and that jobs or other amenities are attracting an influx of new residents. This seems to be the case in Lovettsville, where the median household income is $141,042.00.
Lovettsville home prices are not only among the most expensive in Virginia, but Lovettsville real estate also consistently ranks among the most expensive in America.
Also of interest is that Lovettsville has more people living here who work in computers and math than 95% of the places in the US.
One interesting thing about the economy is that relatively large numbers of people worked from their home: 29.24% of the workforce. While this number may seem small overall, as a fraction of the total workforce this is high compared to the rest of the county. These workers are often telecommuters who work in knowledge-based, white-collar professions. For example, Silicon Valley has large numbers of people who telecommute. Other at-home workers may be self-employed people who operate small businesses out of their homes.
Lovettsville is a good choice for families with children because of several factors. Many other families with children live here, making it a place where both parents and children are more likely to develop social ties with other families. The town’s good public school district and large population of college-educated adults provide an environment conducive to academic success. Many people own their own single-family homes, providing areas for children to play and stability in the community. Finally, Lovettsville’s overall crime rate ranks among the lowest in the country, making it one of the safest places to raise a family.
In Lovettsville, however, the average commute to work is quite long. On average, people spend 38.70 minutes each day getting to work, which is significantly higher than the national average.
The education level of Lovettsville ranks among the highest in the nation. Of the 25-and-older adult population in Lovettsville, 49.43% have at least a bachelor's degree. The typical US community has just 21.84% of its adults holding a bachelor's degree or graduate degree.
The per capita income in Lovettsville in 2022 was $44,311, which is upper middle income relative to Virginia and the nation. This equates to an annual income of $177,244 for a family of four.
Lovettsville is an extremely ethnically-diverse town. The people who call Lovettsville home describe themselves as belonging to a variety of racial and ethnic groups. The greatest number of Lovettsville residents report their race to be White, followed by Black or African-American. Lovettsville also has a sizeable Hispanic population (people of Hispanic origin can be of any race). People of Hispanic or Latino origin account for 11.46% of the town’s residents. Important ancestries of people in Lovettsville include Irish, English, German, Italian, and Swedish.
The most common language spoken in Lovettsville is English. Other important languages spoken here include Spanish and Vietnamese.