Market insights · Virginia
Henrico County, VA: growth, migration and housing
Henrico County has 342,775 residents, up 2.3% since 2020 (+0.8% in the last year). In 2022–2023, 12,405 households moved in and 12,242 moved out (+163 net), while a net $74.2M of income left. Median household income is $88,783, the median home $359,200 and median rent $1,541 a month.
In Virginia: 55th of 133 counties for 5-year population growth · 91st of 133 counties for net in-migration (per resident) · 33rd of 133 counties for median household income · 35th of 133 counties for median home value.
Where new residents came from
Top counties by households (tax returns) moving to Henrico County, 2022–2023 (IRS).
| From | Households (tax returns) | Their income (AGI) |
|---|---|---|
| Richmond city, VA | 3,409 | $239.0M |
| Chesterfield County, VA | 1,389 | $96.8M |
| Hanover County, VA | 774 | $55.1M |
| Fairfax County, VA | 280 | $31.0M |
| Goochland County, VA | 226 | $23.0M |
| Virginia Beach city, VA | 131 | $9.6M |
| Prince William County, VA | 115 | $9.6M |
| New Kent County, VA | 112 | $7.5M |
Where leavers went
Top counties by households leaving Henrico County, 2022–2023 (IRS).
| To | Households (tax returns) | Their income (AGI) |
|---|---|---|
| Richmond city, VA | 2,521 | $145.6M |
| Chesterfield County, VA | 1,870 | $142.0M |
| Hanover County, VA | 1,033 | $100.6M |
| Goochland County, VA | 512 | $99.7M |
| Fairfax County, VA | 207 | $20.1M |
| New Kent County, VA | 196 | $16.3M |
| Mecklenburg County, NC | 112 | $8.3M |
| King William County, VA | 108 | $6.6M |
BizyFi in Henrico 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.