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Innovation, Virginia

Last updated: 2024 BLS data · Page refreshed:

City Profile — Demographics, Income, Education & Housing
Data: U.S. Census Bureau, American Community Survey 2024 5-Year Estimates
1,034
Population
$31,943
Median Income
48.0
Median Age

Demographics

Innovation has a population of 1,034 with a median age of 48.0. Here is the racial and ethnic breakdown of the population:

Black
70.7%
Other
14.9%
White
12.7%
Hispanic
0.9%
Asian
0.8%
Demographic Value
Total Population1,034
Median Age48.0
White12.7%
Black or African American70.7%
Asian0.8%
Hispanic or Latino0.9%
Other / Two or More Races14.9%
Innovation, Virginia — racial composition (Census ACS 2024)Donut chart of 4 segments totaling 100.Black: 70.7%Other: 14.9%White: 12.7%Other: 1.7%1,034PopulationBlackBlack70.7%OtherOther14.9%WhiteWhite12.7%OtherOther1.7%

Income & Economy

The median household income in Innovation is $31,943, which is 60.4% below the national median of $80,610. The per capita income is $19,988. The poverty rate is 11.9%.

$31,943
Median Household Income
$19,988
Per Capita Income
11.9%
Poverty Rate

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Education

In Innovation, 96.3% of residents age 25+ have a high school diploma or higher, and 51.2% hold a bachelor's degree or higher (19.3% with a graduate or professional degree).

HS Diploma+
96.3%
Bachelor's+
51.2%
Graduate+
19.3%
Education Level % of Adults (25+)
High School Diploma or Higher96.3%
Bachelor's Degree or Higher51.2%
Graduate or Professional Degree19.3%

Housing

$1,757/mo
Median Rent
Housing Metric Value
Median Monthly Rent$1,757
Vacancy Rate7.0%

Salaries in Virginia

Explore salary data for popular occupations in Virginia:

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Other Cities in Virginia

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Frequently Asked Questions

What is the population of Innovation, Virginia?
The population of Innovation, Virginia is 1,034 according to U.S. Census Bureau ACS 2024 5-Year Estimates.
What is the median household income in Innovation, Virginia?
The median household income in Innovation, Virginia is $31,943. This is 60.4% below the national median of $80,610.
What percentage of people in Innovation have a college degree?
In Innovation, Virginia, 51.2% of adults age 25 and older hold a bachelor's degree or higher, and 96.3% have a high school diploma or higher.

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