Leesburg, VA
Population 48,788 · Virginia
About Leesburg, VA
Leesburg is a mid-sized city located in Virginia with a population of 48,788 residents according to the latest US Census Bureau American Community Survey data. The median household income is $140,668 per year, which is 87% above the national median of $75,149. The median age of 35.6 years is notably younger the US median age of 38.9 years, indicating a younger, often more dynamic population base.
Housing Market Overview
The housing market in Leesburg features a median home value of $617,700, which is 152% above the national median of $244,900. This places Leesburg in a higher-cost housing market, where property demand often outpaces supply. Median monthly rent is $1,980, 70% above the national average of $1,163/month. Of the 17,252 total housing units, 69% are owner-occupied (11,590 units) and 31% are renter-occupied (5,177 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Leesburg shows an unemployment rate of 2.9%, which is lower than the national rate of 3.7%, indicating a relatively strong job market. The poverty rate stands at 7.6%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Leesburg have an average one-way commute time of 26.9 minutes.
Education & Demographics
56.2% of Leesburg residents aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. This significantly higher educational attainment rate often correlates with access to knowledge-economy jobs and higher household incomes. The community's demographic composition includes 2.5% White, 1.2% Hispanic or Latino, 1.4% Black or African American, and 14.3% Asian residents, with 20.0% of the population being foreign-born.
How Leesburg Ranks in Virginia
Cost of Living in Leesburg, VA
Compared to national averages, Leesburg has a median household income of $140,668 (87% above the national median of $75,149). Home values average $617,700, which is 152% above the national median. Monthly rent at $1,980 is 70% above the US average of $1,163. Within Virginia, Leesburg's income is 60% above the state average of $87,957, and home values are 89% above the state median of $327,514.
Why Live in Leesburg, VA?
Leesburg offers a strong local economy with a median household income of $140,668, well above the national average, and a strong job market with an unemployment rate of just 2.9%, and a well-educated community where 56.2% of residents hold a bachelor’s degree or higher. Additionally, the city features a low poverty rate of 7.6%, better than the national average.
Potential considerations include a competitive housing market where the typical home costs $617,700. However, Leesburg’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Leesburg has a population of 48,788 with a median age of 35.6 years. Compare Leesburg with other cities to see how it stacks up, or explore all cities in Virginia.
Similar Cities Near Leesburg
Cities in Virginia with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Tuckahoe | 48,610 | $96,188 | $442,200 | Compare |
| McLean | 50,232 | $250,001 | $1,304,900 | Compare |
| Harrisonburg | 51,492 | $59,752 | $278,200 | Compare |
| Charlottesville | 45,863 | $69,829 | $448,400 | Compare |
| Ashburn | 45,551 | $152,094 | $659,000 | Compare |
| Blacksburg | 45,288 | $48,070 | $417,200 | Compare |
| Lake Ridge | 45,007 | $120,844 | $452,800 | Compare |
| Woodbridge | 43,443 | $100,370 | $395,400 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in Virginia
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
Compare Leesburg With Other Cities
Frequently Asked Questions about Leesburg
What is the population of Leesburg, VA?
The population of Leesburg, VA is 48,788 according to the latest US Census Bureau American Community Survey estimates. This makes it a mid-sized city in Virginia.
What is the median household income in Leesburg?
The median household income in Leesburg, VA is $140,668 per year, which is 87% above the national median of $75,149.
What is the median home value in Leesburg?
The median home value in Leesburg, VA is $617,700, which is 152% above the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Leesburg?
The median monthly rent in Leesburg, VA is $1,980, which is 70% above the national average of $1,163/month.
What is the unemployment rate in Leesburg?
The unemployment rate in Leesburg, VA is 2.9%, compared to the national average of 3.7%. This lower-than-average rate suggests a relatively healthy local job market.
Is Leesburg, VA a good place to live?
Leesburg offers above-average incomes, a competitive housing market, and a strong job market. With a population of 48,788 and a median age of 35.6, the city appeals to a broad range of residents.
How educated is Leesburg, VA?
56.2% of residents in Leesburg aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. This above-average educational attainment often reflects a knowledge-based local economy.
What is the cost of living in Leesburg?
Key cost-of-living indicators for Leesburg, VA: median home value is $617,700 (152% above national), median rent is $1,980/month, and median household income is $140,668. The home-value-to-income ratio is 4.4x, a moderate figure by national standards.
What is the poverty rate in Leesburg?
The poverty rate in Leesburg, VA is 7.6%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Leesburg, VA?
Leesburg's population is 2.5% White, 1.2% Hispanic or Latino, 1.4% Black or African American, 14.3% Asian, and 9.9% two or more races. 20.0% of residents are foreign-born.