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Innovation, VA

Comprehensive demographics, housing data, local amenities, and economic statistics for Innovation.

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Community Insights

High Incomes
$133k/year
top 6% nationally
Leading Industries
Finance & Insurance · Information & Media · Public Administration
13% finance & insurance
Home Value Growth⬆⬆
+15.3% over 2 years
Retirees
33% of residents
top 4% nationally
Homeowners
64% of occupied units

People & Demographics

Total Population987
Households—
Under 18
18.0%
Age 18–34
23.0%
Age 35–64
26.0%
Age 65+
33.0%
Veterans
8.0%
Active Duty
0.0%

Housing & Living

Median Home Value$523,400
Median Gross Rent$2,039/mo
Owner Occupied
63.7%
Renter Occupied
36.3%
Detached Homes
—
Built Pre-1940
—

Economy & Income

Median Household Income$133,432
Poverty Rate—

Key Industries

Healthcare11.0%
Professional Services2.0%
Manufacturing0.0%
Retail8.0%
Education2.0%

Amenities & Transit

Transit Score28 / 100
Walkability / Amenities63 / 100
Commute < 15m
—
Commute 60m+
—

Education

High School Grad
—
Bachelor's Degree
20.0%
Master's or Higher
8.0%
School Enrollment
—

Frequently Asked Questions

What is the population and demographic makeup of Innovation?›

The total population of Innovation is approximately 987. The community has a significant population of retirees and seniors (65+). This demographic data is sourced from the U.S. Census Bureau.

Is Innovation walkable and transit-friendly?›

Based on local geographic data, Innovation has an amenity and walkability score of 63/100 and a transit score of 28/100. This indicates moderate access to local amenities and transportation.

Do more people rent or own homes in Innovation?›

The housing market in Innovation is predominantly driven by homeowners, with 64% of housing units being owner-occupied and 36% being renter-occupied.

What is the education level of residents in Innovation?›

In Innovation, approximately 20% of adult residents hold a bachelor's degree or higher. Additionally, 8% of the population holds a master's degree or higher. This indicates the local educational attainment compared to state and national averages.