Is Innovation, VA a Good Place to Live?
Innovation is a small town of 1,389 in Virginia, with a median household income of $38,092 and a 7.2% unemployment rate. Its cost of living index is 109 (US average = 100), which is 9% above the national average.
Strengths: Innovation stands out for a well-educated population.
Trade-offs: Potential downsides include an elevated unemployment rate. Whether Innovation is right for you depends on your priorities — the full breakdown is below.
All Innovation city data on this page comes from official government sources — the US Census Bureau, FBI, NCES, BEA, and NOAA — updated annually.
Cost of Living
Index: 108.6Innovation's overall cost of living index is 108.6, where 100 represents the US national average. Living in Innovation costs roughly 9% more than the average American city.
| Metric | Innovation, VA | National Avg |
|---|---|---|
| Median Home Value | N/A | $244,900 |
| Median Monthly Rent | $1,757 | $1,163 |
| Homeownership Rate | 0.0% | 65.9% |
| Median Household Income | $38,092 | $74,755 |
Crime & Safety
Safer than AverageInnovation's violent crime rate is 281.1 per 100,000 residents — 26% lower than the national average of ~380 per 100,000.
Vertical marker = national average. Source: FBI UCR Program.
Schools & Education
| Metric | Innovation, VA | National Avg |
|---|---|---|
| School District | N/A | — |
| Elementary Schools | N/A | — |
| Middle Schools | N/A | — |
| High Schools | N/A | — |
| Student/Teacher Ratio | N/A | 16:1 |
| Bachelor's Degree or Higher | 39.5% | 35.4% |
| High School Diploma or Higher | 92.8% | 91.1% |
Weather & Climate
Innovation sees average highs of 42.4°F in January and 87.5°F in July, with 47.6 inches of annual precipitation and 21.0 inches of snow per year.
| Metric | Innovation, VA |
|---|---|
| Average High — January | 42.4°F |
| Average High — July | 87.5°F |
| Annual Precipitation | 47.6" |
| Annual Snowfall | 21.0" |
Demographics
| Metric | Innovation, VA | National Avg |
|---|---|---|
| Population | 1,389 | — |
| Median Age | 35.5 | 38.9 |
| Unemployment Rate | 7.2% | 3.7% |
| Avg Commute Time | 27.9 min | 26 min |
| White (non-Hispanic) | 23.3% | 59.3% |
| Black or African American | 53.9% | 13.6% |
| Hispanic or Latino | 0.0% | 18.9% |
| Asian | 0.0% | 6.3% |
| Under 18 | 25.8% | 22.2% |
| 65 and over | 7.7% | 16.8% |