Glen Allen: Economy & Jobs

Households in Glen Allen earn a median $92,723 (about the same as Henrico County median $88,783; about the same as Virginia median $93,170), with homes at a median value of $357,200. The surrounding county supports 187,647 jobs (avg $70,541).

Income & Affordability

Median household income $92,723 — near the Virginia median ($92,968). Poverty rate 3.6% (U.S. average ~12.5%). 31% of renters spend more than half their income on rent ("severely cost-burdened" by HUD definition; U.S. ~24%).

Affordability · Home Price To Income3.9×
Affordability · Home Affordabilitymoderate
Affordability · Rent Pct Income22.2%
Affordability · Rent Affordabilityaffordable
Affordability · Pct Severely Rent Burdened31.0%
Affordability · Poverty Rate3.6%
Affordability · Property Tax Pct Income2.6%
Irs Income · IRS tax returns filed$170,610
Irs Income · Total Adjusted Gross Income (thousands)$15,906,499
Irs Income · Average AGI per return$93,233 (at Virginia median)
Irs Income · Year2022
Income Estimate$109,490
Median Household Income$92,723 (at Virginia median) median_household_income: 2 observations from 2026-04-23 to 2026-04-23
Poverty Rate3.6%

Sources: IRS SOI 2022 · Census ACS 5-Year 2023  ·  Refreshed 2026-04-12

Economic Character

Qualitative classification derived from Census occupation, industry, and income data — workforce composition (white-collar/blue-collar), top employing sector, and income tier.

Economic Character · Workforcewhite_collar
Economic Character · Top IndustryEducation Healthcare
Economic Character · Income Levelupper-middle
Economic Character · Median Income$92,723

Employment & Workforce

Employment + workforce stats. The county-level employment count covers all jobs within the county, not just town residents. Unemployment rate 2.6% — below the U.S. average of ~4%. 24% work from home (U.S. average ~15%).

Commuter Profile · Mean Commute Min24.80
Commuter Profile · Work From Home Pct24.5%
Commuter Profile · Profileshort commute
Employment · Avg annual employment (county)187,647
Employment · Total annual wages (county)$13,236,836,668
Employment · Average annual pay$70,541
Employment · Year2024
State Occupation Wages · Year2023
State Occupation Wages · All Occupations · Soc Code00-0000
State Occupation Wages · All Occupations · TitleAll Occupations
State Occupation Wages · All Occupations · Employment3,981,130
Unemployment Rate2.6% (vs Virginia 2.9%)

Sources: BLS QCEW 2023 · BLS Occupational Employment and Wage Statistics (OES) · Census ACS 5-Year 2023  ·  Refreshed 2026-04-12

Industry Sectors

Major industries by establishment count from Census County Business Patterns (2022). Sectors are NAICS-coded; counts are county-wide employer establishments.

Agriculture · Total Farms59
Agriculture · Land In Farms Acres7,927
Agriculture · Avg Farm Size Acres134.40
Agriculture · Top CommoditiesCrop Totals, Grain, Soybeans, Vegetable Totals, Animal Totals
Agriculture · Year2022
Business Patterns · Establishments (employer count)9,685
Business Patterns · Total Employees180,828
Business Patterns · Annual Payroll Thousands11,810,513
Business Patterns · Year2022

Sources: USDA NASS Census 2022 — county FIPS matched · Census CBP API — county FIPS match

Local Business Mix

Retail and service businesses by category (Census CBP NAICS-coded). Counts cover the surrounding county, not just the town. Reflects the everyday commercial mix residents can access.

Local Businesses · Grocery Stores68
Local Businesses · Convenience Stores52
Local Businesses · Liquor Stores23
Local Businesses · Gas Stations87
Local Businesses · Department Stores4
Local Businesses · General Merchandise45
Local Businesses · Clothing Stores36
Local Businesses · Pet Stores14

Sources: Census CBP — NAICS detail codes

Dining Scene

Eating + drinking establishments by NAICS category (Census CBP 2022) — full-service restaurants, fast-food, bars, coffee shops. County-level counts.

Dining Scene · Full Service Restaurants274
Dining Scene · Fast Food314
Dining Scene · Bars5
Dining Scene · Coffee Snacks52

Sources: Census CBP NAICS 722

Banking

FDIC-insured bank branches with addresses. Branch density correlates with population — fewer branches per resident in lower-density areas.

Branches (15)

Manufacturers and Traders Trust Company
PARKSIDE BRANCH · 10791 W Broad St · 23060
Wells Fargo Bank, National Association
CROSSRIDGE BRANCH · 10190 Staples Mill Rd · 23060
Truist Bank
GASKINS BRANCH · 10000 W Broad St · 23060
Wells Fargo Bank, National Association
VIRGINIA CENTER STATION BRANCH · 9811 Brook Rd · 23059
Truist Bank
WYNDHAM BRANCH · 11400 Nuckols Rd · 23059
Wells Fargo Bank, National Association
WEST PARK BRANCH · 9801 W Broad St · 23060
Bank of America, National Association
WEST BROAD BRANCH · 3901 Stillman Pkwy · 23060
TowneBank
INNSBROOK BRANCH · 4501 Cox Rd · 23060
Woodforest National Bank
GLEN ALLEN BRANCH · 11400 W Broad Street Rd · 23060
Atlantic Union Bank
TWIN HICKORY BRANCH · 11163 Nuckols Rd · 23059
SouthState Bank, National Association
WESTMARK BRANCH · 11001 W Broad St · 23060
First National Bank of Pennsylvania
WEST BROAD VILLAGE BRANCH · 11263 West Broad Street · 23060
Truist Bank
VIRGINIA CENTER MARKETPLACE BRANCH · 10170 Brook Rd · 23059
Wells Fargo Bank, National Association
HICKORY CORNER BRANCH · 11290 Nuckols Rd · 23059
Primis Bank
RETAIL BANKING BRANCH · 10900 Nuckols Rd · 23060

SNAP & Food Access

USDA-authorized SNAP retailers — supermarkets, super stores, convenience stores, and other locations where SNAP benefits can be redeemed. Per-1K density tracks food access.

Sample (5)

Walmart Supercenter 1523
Super Store · 11400 W Broad St
Target Store 1019
Super Store · 10100 Brook Rd
Target Store 1049
Super Store · 11290 W Broad St
Dollar Tree 156
Other · 9870 W Broad St
Food Lion 2507
Supermarket · 11371 Nuckols Rd
Nearest Snap · NameWalmart Supercenter 1523
Nearest Snap · Total In Area36

Sources: USDA SNAP API — state+city name match

Chamber of Commerce

IRS-registered chamber of commerce organizations matched to this town. Reflects the IRS Exempt Organizations BMF; some chambers operate informally and may not appear here.

Chamber Of Commerce · NameBEDFORD AREA CHAMBER OF COMMERCE FOUNDATION INC

Sources: IRS EO BMF  ·  Refreshed 2026-04-12

Spending & Tax

Federal spending flowing to the surrounding county — direct payments, grants, contracts, loans (USAspending.gov).

Federal Spending · Federal Spending Fy2024$2,454,466,991
Federal Spending · Per Capita7,340.15 (vs Virginia $14,580)
Federal Spending · Population334,389 people (vs Virginia 42,214)

Sources: USAspending API

Other

Job Training · Total count1
Pct Drove Alone66.0%
Pct Public Transit0.1%
Pct Walked24.5%
Retirement Score · Median age40.1 years (vs Virginia 37.8y)
Retirement Score · Ss Household Pct30.0%
Retirement Score · Hospitals Nearby1
Retirement Score · Va AccessYes
Retirement Score · Factorsolder population, hospital access, VA nearby
Retirement Score · Ratinggood

Sources: IRS BMF keyword search · Census ACS 5-Year 2023  ·  Refreshed 2026-04-12