Cost of Living in Innsbrook, VA

Population 8,559 · Virginia · Data vintage 2023

136
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

Innsbrook sits on the smaller end of the Virginia city distribution. That scale shapes the housing market, the labor pool, and the services available to residents in ways the data below makes visible.

Innsbrook sits roughly 10 miles northwest of Richmond — close enough that regional housing and labor patterns are shaped largely by the larger market. Median home values run roughly 36% higher than Richmond's $328,000.

Cost Overview

Housing 146
Rent 120

Scale: 100 = US national average. Green < 90, Red > 110.

About the Cost of Living in Innsbrook

The median home value in Innsbrook is $445,600 — 46% above the national median of $305,000. Median rent runs $1,576/month, 20% higher than the national median of $1,314/month. The median household income of $130,534/year is 75% higher than the US median of $74,580. The local unemployment rate is 4.6%, below the national average of 4.8%. Virginia's top state income tax rate is 5.8% and the combined sales tax is 5.6%. The climate averages highs of 68.8°F and lows of 47.1°F. Overall, Innsbrook has a cost of living index of 136 versus the US average of 100, meaning it is 36% more expensive.

🏠 Housing

Median Home Value
$445,600
46% above avg
Median Rent
$1,576/mo
20% above avg
Price-to-Rent Ratio
23.6x
Favors renting
Property Tax Rate
0.8%
Effective rate

HUD Fair Market Rents by Bedroom

Studio
$970
1 BR
$989
2 BR
$1,200
3 BR
$1,645
4 BR
$1,885
Owner-occupied 66.0%
Renter-occupied 34.0%

💰 Estimated Monthly Budget

Rent median rent
$1,576
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $2,190/mo

Estimates based on median data and national averages. Actual costs vary.

🛒 Food & Groceries

National BLS average prices (2023). Local prices may vary.

🥚
Eggs (dozen)
$0.548
🍞
White Bread (lb)
$1.912
🥩
Ground Beef (lb)
$5.61

🚗 Transportation

Avg Commute
19.8 min
27% below avg
Gas Price
$3.145/gal
0% below avg
Work From Home
33.2%

Commute Mode

Drove alone
57.0%
Carpooled
7.0%
Public transit
0.3%
Walked
1.3%
Work from home
33.2%

Utilities

Electricity
$0.176/kWh
0% below avg

📋 Taxes

State Income Tax 5.8%
Total Sales Tax 5.6%
State rate 4.3%
Avg local rate 1.3%
Property Tax 0.8%

💼 Income & Employment

Median Household Income
$130,534
75% above avg
Per Capita Income
$57,640
Unemployment Rate
4.6%
4% below avg
Poverty Rate
4.4%
Labor Force Participation
73.1%

🎓 Education

Bachelor's degree+ 41.0%
Graduate degree 24.8%

👥 Demographics

Median Age 38.1
Male median age 34.8
Female median age 38.5

🌤 Climate

NOAA 1991–2020 Climate Normals

Avg High
68.8°F
Avg Low
47.1°F
Annual Precip
45.8"
20° 38° 55° 73° 90° JFMAMJJASOND High Low Precip
Month JanFebMarAprMayJunJulAugSepOctNovDec
High °F 475159707785898781706051
Low °F 283036455563686659483831
Precip" 3.482.873.893.434.334.143.984.934.043.653.393.68

💨 Air Quality

EPA AQS 2023 — county-level monitoring data

Median AQI 46 — Good
60.5%
Good air days/yr
159
Max AQI recorded
220
PM2.5 days
141
Ozone days

Frequently Asked Questions

What is the cost of living in Innsbrook, VA?

Innsbrook has a cost index of 136 (100 = national average). It is 36% above the national average.

What is average rent in Innsbrook, VA?

The median gross rent in Innsbrook is $1,576 per month based on 2023 Census data.

What is the average home price in Innsbrook?

The median home value in Innsbrook is $445,600 according to 2023 Census ACS data.

What is the median income in Innsbrook?

The median household income in Innsbrook is $130,534 per year (2023 ACS 5-year estimates).

What is the sales tax in Innsbrook, VA?

The combined state and local sales tax rate in Innsbrook is 5.6%. The Virginia state income tax top rate is 5.8%.

Is Innsbrook, VA affordable?

Innsbrook is above average in cost of living, with an index of 136 — about 36% higher than the national average.

What is the weather like in Innsbrook?

Innsbrook has average high temperatures of 68.8°F and average lows of 47.1°F. Annual precipitation is 45.8". Data from NOAA 1991–2020 Climate Normals.

Innsbrook at a Glance

Population
8,559
Median Income
$130,534
Home Value
$445,600
Median Rent
$1,576/mo
Unemployment
4.6%
Avg High Temp
68.8°F
Sales Tax
5.6%
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🗺️ County data for Virginia

Explore county-level cost of living data

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