Henrico County, VA Economy


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United States / Virginia / / Henrico County / Cities / Zip Codes
Henrico, VA County is an excellent place to live with a wide range of amenities. It offers 2 bedroom rents at $1,340, which is lower than the US average of $1,430, making it a great option for those looking for affordable housing. Additionally, Henrico boasts a grocery cost index of 100 which is the same as the US Average. The county has many well-known companies in the area such as Capital One and Philip Morris USA as well as popular attractions like Lewis Ginter Botanical Garden and Meadow Farm Museum. Henrico is an ideal place to call home!

Henrico County has an unemployment rate of 5.2%. The US average is 6.0%.

Henrico County has seen the job market increase by 1.8% over the last year. Future job growth over the next ten years is predicted to be 36.3%, which is higher than the US average of 33.5%.

Tax Rates for Henrico County
- The Sales Tax Rate for Henrico County is 5.3%. The US average is 7.3%.
- The Income Tax Rate for Henrico County is 5.8%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.

Income and Salaries for Henrico County
- The average income of a Henrico County resident is $33,576 a year. The US average is $28,555 a year.
- The Median household income of a Henrico County resident is $76,345 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyHenrico, VirginiaUnited States
  5.26
  -5.6%-6.2%
  36.3%33.5%
  5.3%6.2%
  5.8%4.6%
  $43,445$37,638
  $76,345$69,021
  $100,769$85,028
  Population by Occupation
  0.2%1.2%
  0.1%0.5%
  5.9%6.8%
  6.2%10.0%
  2.6%2.5%
  10.1%11.0%
  4.5%4.8%
  0.9%0.8%
  1.8%1.9%
  9.7%4.7%
  2.1%1.9%
  9.6%7.6%
  0.1%0.1%
  4.2%4.2%
  8.6%9.3%
  13.9%14.0%
  2.0%2.1%
  6.0%7.0%
  4.6%4.8%
  6.8%4.7%
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