Market insights · Virginia
Caroline County, VA: growth, migration and housing
Caroline County has 34,413 residents, up 11.3% since 2020 (+2.5% in the last year). In 2022–2023, 1,290 households moved in and 1,053 moved out (+237 net), bringing in a net $27.2M of income. Median household income is $87,407, the median home $307,700 and median rent $1,293 a month.
In Virginia: 4th of 133 counties for 5-year population growth · 12th of 133 counties for net in-migration (per resident) · 34th of 133 counties for median household income · 52nd of 133 counties for median home value.
Where new residents came from
Top counties by households (tax returns) moving to Caroline County, 2022–2023 (IRS).
| From | Households (tax returns) | Their income (AGI) |
|---|---|---|
| Spotsylvania County, VA | 297 | $19.3M |
| Stafford County, VA | 159 | $10.7M |
| Hanover County, VA | 71 | $4.2M |
| Fredericksburg city, VA | 65 | $3.9M |
| Henrico County, VA | 64 | $3.7M |
| Prince William County, VA | 58 | $5.3M |
| Chesterfield County, VA | 36 | $2.5M |
| Fairfax County, VA | 36 | $2.7M |
Where leavers went
Top counties by households leaving Caroline County, 2022–2023 (IRS).
| To | Households (tax returns) | Their income (AGI) |
|---|---|---|
| Spotsylvania County, VA | 189 | $12.1M |
| Stafford County, VA | 77 | $4.3M |
| Henrico County, VA | 75 | $3.2M |
| Hanover County, VA | 71 | $3.5M |
| Fredericksburg city, VA | 47 | $2.3M |
| Richmond city, VA | 41 | $1.2M |
| Chesterfield County, VA | 37 | $2.1M |
| King George County, VA | 24 | $1.0M |
BizyFi in Caroline County
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Sources: U.S. Census Bureau population estimates (vintage 2025), American Community Survey 5-year (2024), and IRS Statistics of Income county-to-county migration data (2022–2023). Migration counts are tax returns (roughly households) moving between U.S. counties; the IRS suppresses very small flows. Growth rates, per-1,000 figures, rent share and state ranks are BizyFi calculations. Data updated 2026-10-17. This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.