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Henrico County

Learn about the people, housing, costs and businesses in Henrico County County

Median Home$390,670
Median Rent$1,632/month
Population335,744
Leading IndustriesHealthcare · Arts, Food & Hospitality · Education15% healthcare
Home Value Growth⬆⬆+18.2% over 2 years
Young Adults29% of residentsslightly above average
Homeowners64% of occupied units
NotableHighly Educated27% bachelor's · 14% graduate · top 5% nationally
NotableHigh Incomes$102k/year · top 6% nationally
Henrico County
VA

Frequently Asked Questions

What are today's mortgage rates in Henrico County?

As of today, the 30-year fixed mortgage rate for Henrico County is approximately 6.959% (6.984% APR). Rates vary based on your credit score, loan type, down payment, and other factors. Safe Rate updates rates daily using live investor pricing.

View current rates for Henrico County
What is the median home price in Henrico County?

The median home value in Henrico County is $391k. The median monthly rent is $1,632. Annual property taxes average $3k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Henrico County?

Home values in Henrico County have increased 18.2% over the past two years. This indicates a strong appreciation trend. This data is sourced from the Federal Housing Finance Agency (FHFA) House Price Index.

How much income do you need to buy a home in Henrico County?

Based on a typical all-in ownership cost of $1,654/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $71k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Henrico County is $102k/year.

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What industries drive the economy in Henrico County?

The largest employment sectors in Henrico County are public administration (23%) and healthcare (15%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.

🗺️ Nearby Areas

Adjacent counties and areas