Income & Economy in Innovation, VA
Household income, poverty rates, employment, and economic data — 2023 ACS Data
Income Overview
Source: U.S. Census Bureau ACS (2023)Median Household Income
N/A
Per Capita Income
$21,652
-42% vs national
Poverty Rate
10.2%
-25% vs national
Gini Index
0.3876
0 = perfect equality
Unemployment
13.2%
+154% vs national
SNAP Recipients
6.6%
of households
How Innovation Compares
Source: Census ACS (2023)Where Do You Stack Up?
Enter your household income to see how you compare to other households in Innovation.
Income Distribution
Source: U.S. Census Bureau ACS (2023)Employment Snapshot
Source: U.S. Census Bureau ACS (2023)Unemployment Rate
13.2%
+194% vs VA avg
Labor Force
522
Employed
453
How People Get to Work
Source: Census ACS (2023)Employment by Sector
Source: Census ACS (2023)Education & Workforce
Source: U.S. Census Bureau ACS (2023)Bachelor's Degree+
36.3%
of adults 25+
High School Diploma+
58.9%
of adults 25+
Median Age
36.6
Work from Home
3.4%
of workers
The median household income in Innovation, VA is N/A. Per capita income is $21,652. The poverty rate of 10.2% is lower than the VA state average of 12.2%. The Gini index of income inequality is 0.3876, where 0 represents perfect equality and 1 represents maximum inequality. The unemployment rate is 13.2%, compared to the state average of 4.5%. 36.3% of adults hold a bachelor's degree or higher.