Innovation
Innovation has notably lower household income than the US average, with a median household income of $31,943. Population has declined 9% since 2023. 51% of adults hold a bachelor's degree or higher, well above the national rate of 36%. Renters pay a median $1,757 per month, above the US median of $1,442. With a median age of 48.0, the population is older than the US median of 38.9. Households here earn about 66% less than the Virginia median.
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How many people live in Innovation, Virginia?
Innovation, Virginia has about 1,034 residents according to the 2024 American Community Survey.
What is the median household income in Innovation, Virginia?
The typical household in Innovation, Virginia earns about $31,943 a year. Half of households make more than that, and half make less.
Is Innovation, Virginia expensive?
In Innovation, Virginia, the typical rent is about $1,757 a month.
How educated are people in Innovation, Virginia?
About 51.2% of adults age 25 and over in Innovation, Virginia hold a bachelor's degree or higher.
What is the poverty rate in Innovation, Virginia?
About 11.9% of people in Innovation, Virginia live below the federal poverty line.
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DATA: US CENSUS BUREAU ACS 5-YEAR + DECENNIAL CENSUS · UPDATED 2024