Innovation, VA
1,034Residents
$31,943Median household income
$1,757/moMedian gross rent
48.0Median age
51%Adults with a bachelor’s degree or higher
0%Homes lived in by their owners
Median rent takes about 66% of the median household income in Innovation.
What pay do you need to rent here?
To keep rent at or below 30% of gross pay, you would need about $70,000 a year. In Virginia that leaves roughly $4,519 a month after tax. See the full paycheck breakdown for $70,000.
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Source: Census ACS 2024 ACS 5-year, places. Small places carry larger margins of error.