Market insights · Virginia
Hanover County, VA: growth, migration and housing
Hanover County has 116,423 residents, up 5.6% since 2020 (+0.8% in the last year). In 2022–2023, 3,411 households moved in and 3,164 moved out (+247 net), bringing in a net $57.3M of income. Median household income is $112,805, the median home $400,400 and median rent $1,591 a month.
In Virginia: 31st of 133 counties for 5-year population growth · 63rd of 133 counties for net in-migration (per resident) · 16th of 133 counties for median household income · 24th of 133 counties for median home value.
Where new residents came from
Top counties by households (tax returns) moving to Hanover County, 2022–2023 (IRS).
| From | Households (tax returns) | Their income (AGI) |
|---|---|---|
| Henrico County, VA | 1,033 | $100.6M |
| Richmond city, VA | 309 | $21.6M |
| Chesterfield County, VA | 295 | $25.8M |
| King William County, VA | 76 | $3.9M |
| Caroline County, VA | 71 | $3.5M |
| New Kent County, VA | 62 | $4.6M |
| Goochland County, VA | 58 | $5.4M |
| Fairfax County, VA | 56 | $7.1M |
Where leavers went
Top counties by households leaving Hanover County, 2022–2023 (IRS).
| To | Households (tax returns) | Their income (AGI) |
|---|---|---|
| Henrico County, VA | 774 | $55.1M |
| Richmond city, VA | 345 | $19.5M |
| Chesterfield County, VA | 217 | $15.6M |
| King William County, VA | 142 | $9.8M |
| New Kent County, VA | 77 | $6.4M |
| Goochland County, VA | 76 | $10.4M |
| Caroline County, VA | 71 | $4.2M |
| Louisa County, VA | 67 | $5.0M |
BizyFi in Hanover County
Fewer than 3 companies in the BizyFi directory are based here. Search them on the company map (company names with a free account), or browse Virginia companies.
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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.