Innovation, VA
Population 1,139 · Virginia
About Innovation, VA
Innovation is a small community in Virginia with a population of 1,139 residents. The median household income is $0 per year, which is below the national average. The median age in Innovation is 36.6 years.
Housing in Innovation has a median home value of $0 and median monthly rent of $1,779. Of the 434 total housing units, renting is more common than owning, with 0 owner-occupied and 408 renter-occupied units.
The unemployment rate in Innovation is 13.2% and the poverty rate is 10.2%. 50.5% of residents hold a bachelor's degree or higher. The average commute time is 23.4 minutes.
Cost of Living in Innovation, VA
Compared to national averages, Innovation has a median household income of $0 (100% below the national median of $75,149). Home values average $0, which is 100% below the national median. Monthly rent at $1,779 is 53% above the US average of $1,163. Within Virginia, Innovation's income is 100% below the state average of $87,957, and home values are 100% below the state median of $327,514.
Why Live in Innovation, VA?
Innovation offers affordable housing with a median home value of $0, below the US average of $244,900, and a well-educated community where 50.5% of residents hold a bachelor’s degree or higher, and a low poverty rate of 10.2%, better than the national average. Additionally, the city features short commute times averaging just 23.4 minutes.
Potential considerations include median household income ($0) that falls below the national average. However, Innovation’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Innovation has a population of 1,139 with a median age of 36.6 years. Compare Innovation with other cities to see how it stacks up, or explore all cities in Virginia.
Similar Cities Near Innovation
Cities in Virginia with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Maurertown | 1,138 | $89,375 | $263,400 | Compare |
| Emory | 1,135 | $62,500 | $203,800 | Compare |
| Jolivue | 1,135 | $38,738 | $243,900 | Compare |
| Independence | 1,144 | $36,250 | $115,700 | Compare |
| Mathews | 1,145 | $53,108 | $178,600 | Compare |
| Pembroke | 1,130 | $57,841 | $132,000 | Compare |
| Lawrenceville | 1,149 | $39,833 | $110,700 | Compare |
| Riverdale | 1,129 | $61,779 | $177,000 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in Virginia
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
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Frequently Asked Questions about Innovation
What is the population of Innovation, VA?
The population of Innovation, VA is 1,139 according to the latest Census data.
What is the median household income in Innovation?
The median household income in Innovation, VA is $0 per year.
What is the median home value in Innovation?
The median home value in Innovation, VA is $0.
What is the average rent in Innovation?
The median monthly rent in Innovation, VA is $1,779.
What is the unemployment rate in Innovation?
The unemployment rate in Innovation, VA is 13.2%.