Pay and cost of living in Henrico County, VA
Across the 15 occupations we cover in Henrico County, VA, the middle median salary is $40,270 a year. Pay runs from $29,360 for Home Health and Personal Care Aides up to $132,120 for Software Developers, a spread of $102,760. Wages come from the Richmond, VA survey area.
A one-bedroom apartment in Henrico County, VA has a HUD Fair Market Rent of $1,517 a month and a two-bedroom $1,651. Rent, food, home energy and gasoline for one adult add up to $25,188 a year. After federal, FICA and state income taxes, the average occupation here takes home $43,543 a year, and 13 of the 15 occupations listed here (87%) earn enough take-home pay to cover the four basics.
Open any occupation below for its full payslip, the tax breakdown, the rent comparison and a plain-English explanation of what is left after the basics. Every figure uses the same method, so results are comparable from one job and one county to the next.
Housing, taxes and commute in Henrico County, VA
The figures below are exact U.S. Census Bureau American Community Survey 2020-2024 5-year estimates for Henrico County, VA, set beside the Virginia and national medians.
Median household income in Henrico County, VA is $88,783, 5% below the Virginia median of $93,170 and $80,734 nationally. A year of one-bedroom Fair Market Rent ($18,204) equals 20.5% of that income. The median of the occupation medians listed here, $40,270, is 55% below household income, which is expected because a household can hold more than one earner.
Homeowners in Henrico County, VA pay a median of $2,565 a year in real estate taxes, 8% below the Virginia median of $2,790. With a median home value of $359,200, 6% below the Virginia median of $383,700, the ratio of the two medians is 0.71% a year.
Renters in Henrico County, VA pay a median gross rent of $1,541 a month in the Census survey, 2% below the Virginia median of $1,579. HUD's one-bedroom Fair Market Rent used for the budgets on this site is $1,517; the Census figure covers rental units of every size.
Workers in Henrico County, VA who travel to a workplace spend an average of 22.6 minutes each way, 17% below the Virginia average of 27.3. 22.3% of workers work from home, compared with 15.1% nationally.