CITY · 2020 ACS
Innovation
Virginia · 926 residents · 2.887 sq mi
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The short version
Population has fallen 17% since 2021, a loss of 190 residents. Renters pay a median $1,509 per month, above the US median of $1,124. At a median age of 23.6, residents skew younger than the country as a whole.
At a glance
Younger
median age 23.6
US median: 38.8
More educated
37% hold a bachelor's degree
US average: 33%
Renter-heavy
19% owner-occupied
US average: 63%
Section 01
Population & growth
Population, 2020 – 2024
20241K
Section 02
Income & economy
Households earning $100K+
9.3%
−5.6 ptsvs 2021
vs 14.9% in 2021
US average: 43.9%
Workforce by industry, 2020
Finance & insurance10%
Professional, scientific, technical10%
Wholesale trade9.7%
Information8.8%
Agriculture, forestry, fishing0%
Construction0%
Manufacturing0%
Retail trade0%
Transportation & warehousing0%
Education & health services0%
Arts, entertainment, food0%
Other services0%
Public administration0%
BARS: THIS PLACE · TICKS: US AVERAGE
Section 03
Housing
RELATED:See current rent listings in Innovation on RentDataNow
Section 04
Race & ethnicity
2021
White, non-Hispanic27.7%(309)
Black60.7%(677)
Hispanic / Latino0%(0)
Asian0%(0)
Other11.6%(130)
Diversity Score67.7%(756)
2020
White, non-Hispanic17.6%(163)
Black35.9%(332)
Hispanic / Latino34.1%(316)
Asian3.7%(34)
Other20.3%(188)
Diversity Score93%(861)
Section 05
Education
High school or higher
87.6%
−10.2 ptsvs 2021
vs 97.8% in 2021
US average: 88.5%
Section 06
Commute & transportation
Section 07
Work & employment
Section 08
People & community
Drill deeper
Places similar to Innovation
Head to head
Compare Innovation to nearby cities
INNOVATION VS
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Income$89,679
Home value$413,500
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INNOVATION VS
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Home value$449,900
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INNOVATION VS
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INNOVATION VS
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Income$178,915
Home value$617,000
Population41,876+3950%
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Frequently asked
How many people live in Innovation, Virginia?
Innovation, Virginia has about 926 residents according to the 2020 American Community Survey.
Is Innovation, Virginia expensive?
In Innovation, Virginia, the typical rent is about $1,509 a month.
How educated are people in Innovation, Virginia?
About 36.7% 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 16.3% of people in Innovation, Virginia live below the federal poverty line.
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VirginiaDATA: US CENSUS BUREAU ACS 5-YEAR + DECENNIAL CENSUS · UPDATED 2024