Innovation: Economy & Jobs
$31,943 is the median household income in Innovation (4.1× below Prince William County median $131,402; 2.9× below Virginia median $93,170), with homes at a median value of $-666,666,666. The surrounding county supports 143,345 jobs (avg $64,447).
- $92,547 avg taxable income per return — higher than the median household income (at Virginia median).
Income & Affordability
Median household income $31,943 — below the Virginia median ($92,968). Poverty rate 11.9% (U.S. average ~12.5%). 83% of renters spend more than half their income on rent ("severely cost-burdened" by HUD definition; U.S. ~24%).
| Affordability · Rent Pct Income | 66.8% |
|---|---|
| Affordability · Rent Affordability | severely cost-burdened |
| Affordability · Pct Severely Rent Burdened | 83.3% |
| Affordability · Poverty Rate | 11.9% |
| Irs Income · IRS tax returns filed | $239,990 |
| Irs Income · Total Adjusted Gross Income (thousands) | $22,210,431 |
| Irs Income · Average AGI per return | $92,547 (at Virginia median) |
| Irs Income · Year | 2022 |
| Income Estimate | $146,853 |
| Median Household Income | $31,943 (vs Virginia $92,968) |
| Poverty Rate | 11.9% |
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 · Workforce | white_collar |
|---|---|
| Economic Character · Top Industry | Education Healthcare |
| Economic Character · Income Level | lower-income |
| Economic Character · Median Income | $31,943 |
Employment & Workforce
Employment + workforce stats. The county-level employment count covers all jobs within the county, not just town residents. Unemployment rate 7.4% — above the U.S. average of ~4%. 7% work from home (U.S. average ~15%).
| Commuter Profile · Work From Home Pct | 6.7% |
|---|---|
| Commuter Profile · Primary Mode | drove alone |
| Employment · Avg annual employment (county) | 143,345 |
| Employment · Total annual wages (county) | $9,238,180,606 |
| Employment · Average annual pay | $64,447 |
| Employment · Year | 2024 |
| State Occupation Wages · Year | 2023 |
| State Occupation Wages · All Occupations · Soc Code | 00-0000 |
| State Occupation Wages · All Occupations · Title | All Occupations |
| State Occupation Wages · All Occupations · Employment | 3,981,130 |
| Unemployment Rate | 7.4% (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 Farms | 44 |
|---|---|
| Agriculture · Land In Farms Acres | 9,532 |
| Agriculture · Avg Farm Size Acres | 216.60 |
| Agriculture · Top Commodities | Crop Totals, Horticulture Totals, Grain, Soybeans, Animal Totals |
| Agriculture · Year | 2022 |
| Business Patterns · Establishments (employer count) | 9,239 |
| Business Patterns · Total Employees | 116,691 |
| Business Patterns · Annual Payroll Thousands | 6,411,806 |
| Business Patterns · Year | 2022 |
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 Stores | 75 |
|---|---|
| Local Businesses · Convenience Stores | 49 |
| Local Businesses · Liquor Stores | 20 |
| Local Businesses · Gas Stations | 77 |
| Local Businesses · Department Stores | 4 |
| Local Businesses · General Merchandise | 38 |
| Local Businesses · Clothing Stores | 54 |
| Local Businesses · Pet Stores | 12 |
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 Restaurants | 290 |
|---|---|
| Dining Scene · Fast Food | 372 |
| Dining Scene · Bars | 7 |
| Dining Scene · Coffee Snacks | 58 |
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 (10)
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 (3)
| Nearest Snap · Name | Walgreens 13012 |
|---|---|
| Nearest Snap · Distance | 0.7 mi |
Sources: USDA SNAP — nearest by coordinates
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 · Name | PRINCE WILLIAM CHAMBER OF COMMERCE |
|---|
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 | $5,102,928,108 |
|---|---|
| Federal Spending · Per Capita | 10,582.51 (vs Virginia $14,580) |
| Federal Spending · Population | 482,204 people (vs Virginia 42,214) |
Sources: USAspending API
Other
| Pct Drove Alone | 69.2% |
|---|---|
| Pct Public Transit | 6.5% |
| Pct Walked | 6.7% |
| Retirement Score · Median age | 48.0 years (vs Virginia 37.8y) |
| Retirement Score · Hospitals Nearby | 2 |
| Retirement Score · Va Access | Yes |
| Retirement Score · Factors | older population, hospital access, VA nearby |
| Retirement Score · Rating | good |
Sources: Census ACS 5-Year 2023 · Refreshed 2026-04-12