Groundwork

County profile · Virginia

Henrico County, VA market data

Population, household spending and competition for 56 business types in Henrico County, each scored against other counties.

Population, 2025
342,775
+2.3% since 2020
Households
137,365
Median household income
$88,783
+26.3% vs. 2015–2019, before inflation
Median home value
$359,200
Jobs located here
205,453
Highest market score
84
HVAC and plumbing, #27 of 1,707 scored counties

A site report maps the competitors on map listings around any address in Henrico County by name and distance, and the households and spending within reach. Or open the report at the center of Henrico County. Signed out, you see a blurred preview; on an account, each report is one action.

Free10 actions over 3 days, no card

Survey estimates 2020–2024 · population estimates 2025 · official business counts 2023 · map listings September 2026 · Data credits · How we measure

What this means

An estimated 342,775 people live in Henrico County, in 137,365 households. Population estimates put the population change in Henrico County from 2020 to 2025 at +2.3%, slower than the U.S. (+3.1%). The median household income in Henrico County is $88,783 a year, 10% above the U.S. median of $80,734. That rose 26.3% from the 2015–2019 survey, before inflation.

Set against the U.S., households in Henrico County spend the most on vehicle insurance (an index of 125, where 100 is the U.S. average) and the least on memberships, classes and admissions (93).

The highest Groundwork market scores in Henrico County are for HVAC and plumbing companies (84), home repair companies (79) and landscaping and lawn care companies (79). Henrico County ranks #27 of 1,707 scored counties for HVAC and plumbing companies.

Henrico County is part of the Richmond metro area. For its number of households, Henrico County has the most map listings, relative to the U.S., for mortgage brokers and lenders (77% above the U.S. rate) and the fewest for funeral homes (52% below the U.S. rate).

All 56 business types in Henrico County

Highest Groundwork market score first. Each score compares Henrico County with other counties for that business type, from 0 to 100. Spending per listing divides a whole spending line (all vehicle repairs, all eating out) by one type’s listings: the demand for each competitor, not a business’s revenue. Compare it across markets with its index, where 100 is the U.S. figure for the same type; the real estate types, whose line is all housing costs, show the index only. How the score works.

Every business type in Henrico County, VA, highest Groundwork market score first, with its rank among counties, listings, listings per 10,000 households, spending per listing and official establishments
Business typeScoreRank among countiesListingsPer 10k householdsSpending per listingSpending per listing vs. U.S. (100)Official establishments
HVAC and plumbing84#27 of 1,707523.8$8.5M17975
Home repair trades79#56 of 2,0571228.9$3.6M150169
Landscaping and lawn care79#85 of 1,493453.3$5M172107
Roofing and gutters75#91 of 1,177423.1$10.6M12519
Electricians74#103 of 1,160282.0$15.8M13275
Laundromats73#125 of 785161.2$18.2M1457
Collision repair and body shops73#152 of 1,327261.9$4.9M15923
Funeral homes73#169 of 1,472141.0$1.3M1978
Coffee shops and cafes71#278 of 2,0631178.5$5M13561
Chiropractors70#228 of 1,490483.5$3.5M14831
Bakeries and dessert shops70#267 of 1,8891057.6$5.6M13567
Home inspectors69#65 of 41560.4Index only1446
Gas stations69#433 of 2,35815511.3$2.6M10793
Pet grooming and boarding67#294 of 1,461382.8$3.7M14638
Pet businesses66#424 of 2,20013910.1$1M11592
Lawn, cleaning and pest control65#339 of 1,7711148.3$2M118228
Veterinarians65#386 of 1,485554.0$2.6M9439
Pizza65#471 of 2,090886.4$6.7M131310
Convenience stores64#620 of 2,2611138.2$7.8M10051
Barbershops62#406 of 1,356584.2$2.4M1269
Grocery and convenience stores62#703 of 2,40224217.6$3.7M108127
Urgent care and walk-in clinics61#89 of 32560.4$28.3M1158
Grocery stores61#652 of 2,070836.0$10.7M11576
Auto repair shops59#764 of 2,37824317.7$525K118126
Restaurants and cafes59#801 of 2,4051,33697.3$438K118641
Fast food and sandwich shops58#819 of 2,22217913.0$3.3M107310
Tire shops56#629 of 1,530533.9$2.4M9620
Auto repair and car care56#919 of 2,40141230.0$310K115202
Pet stores54#412 of 974342.5$4.1M9215
Physical therapy54#614 of 1,422705.1$2.4M10149
Gyms54#752 of 1,792906.6$1.4M10768
Sit-down restaurants53#1,049 of 2,40582960.4$706K106268
Pest control52#328 of 699292.1$7.8M7623
House cleaning51#398 of 847402.9$5.7M8898
Gyms, studios and classes48#1,163 of 2,08819314.1$648K98114
Martial arts and dance studios47#754 of 1,334695.0$1.8M9046
Child care and preschools46#928 of 1,6111057.6$744K74104
Optometrists and eye care45#796 of 1,302654.7$2.6M8327
Car washes and detailing43#898 of 1,451554.0$2.3M9230
Primary care and pediatrics43#1,066 of 1,6561007.3$1.7M95274
Clothing and shoe stores43#1,304 of 2,08726819.5$1.1M85144
Clothing, shoes and laundry41#1,472 of 2,21037627.4$773K88182
Yoga, Pilates and fitness studios40#550 of 777342.5$3.7M9168
Oil change and quick lube39#341 of 479100.7$12.8M9320
Spas and skin care39#1,290 of 1,76917612.8$782K8943
Hair salons39#1,695 of 2,33936826.8$374K87125
Property management35#704 of 910604.4Index only68103
Salons, barbers and spas35#1,962 of 2,38574153.9$186K87238
Insurance agencies34#1,692 of 2,27234224.9$985K78215
Real estate agents and brokers34#1,913 of 2,17654839.9Index only76212
Nail salons33#1,094 of 1,3281218.8$1.1M6858
Real estate32#2,017 of 2,22972052.4Index only73425
Doctors, dentists and clinics31#2,061 of 2,3941,34597.9$126K83558
Dry cleaners28#452 of 507282.0$10.4M6631
Dentists and orthodontists28#1,704 of 1,88622416.3$758K77169
Mortgage brokers and lenders27#824 of 8871057.6Index only5552

Household spending in Henrico County

What households here spend in a year on each line, in total and per household, with the index against the U.S. average (100).

Annual household spending in Henrico County, VA by line, per household, and against the U.S.
Spending lineA year, all householdsPer householdIndex vs. U.S. (100)
Vehicle maintenance and repairs$127.5M$92897
Gasoline and other fuels$396.3M$2,885111
Food away from home$585.3M$4,261105
Groceries$887M$6,457102
Personal care products and services$137.6M$1,002100
Child care and other personal services$78.1M$56898
Memberships, classes and admissions$125.1M$91193
Medical and dental services$169.8M$1,23696
Pets$140.8M$1,025113
Clothing, shoes and related services$290.8M$2,117103
Vehicle insurance$336.8M$2,451125
Home repairs, maintenance and insurance$443.6M$3,229107
Lawn care, cleaning and other household services$226.1M$1,646116
Rent and homeowner costs$2.3B$16,54399

Household spending is estimated from the incomes of the households in each neighborhood, using what households at each income spent nationally in 2024, adjusted for the region. It counts what residents spend, wherever they spend it.

Population and households in Henrico County

Population, 2025 estimate
342,775+2.3% since 2020
Households
137,365
Median age
41.0
Homes lived in by their owners
64%
Vehicles per household
1.8
Land area
234 sq. mi.
People per square mile
1,437
Median household income
$88,783+26.3% vs. 2015–2019, before inflation
Average household income
$125,297
Median home value
$359,200
Jobs located here
205,453
Daytime population
374,226Residents who don’t work, plus everyone whose job is here

Looking at a specific site in Henrico County?

These figures cover the whole county. A site report draws rings around one address and counts what’s inside them: households, spending, jobs, and the competitors on map listings by name and distance, for any of the 56 business types.

Or open the report at the center of Henrico County. Signed out, you see a blurred preview; on an account, each report is one action.

Free10 actions over 3 days, no card

Henrico County is part of the Richmond, VA metro area.

Questions

How fast is Henrico County, VA growing?

Population estimates put Henrico County at 342,775 people in 2025, up 2.3% since 2020, slower than the U.S. (+3.1%). It has 137,365 households. Against the 2015–2019 survey, median household income rose 26.3%, before inflation.

How much do households in Henrico County, VA spend?

Households in Henrico County spend about $2.3B a year on rent and homeowner costs, $887M on groceries and $585.3M on food away from home. Relative to the U.S., household spending in Henrico County runs highest on vehicle insurance (an index of 125, where 100 is the U.S. average) and lowest on memberships, classes and admissions (93).

Which business types have the highest market scores in Henrico County, VA?

Of the business types scored in Henrico County, HVAC and plumbing companies (84), home repair companies (79) and landscaping and lawn care companies (79) have the highest Groundwork market scores. For HVAC and plumbing companies, that ranks #27 of 1,707 scored counties.

How does Henrico County, VA compare with the U.S.?

Median household income in Henrico County is $88,783, 10% above the U.S. median of $80,734. The population rose 2.3% from 2020 to 2025, against +3.1% for the U.S. The median home value is $359,200, against $332,700 for the U.S. Against the U.S., map listings per household run highest for mortgage brokers and lenders (77% above the U.S. rate) and lowest for funeral homes (52% below the U.S. rate).

What is the Groundwork market score?

The Groundwork market score runs from 0 to 100 and compares a market with others of its kind for one business type: states with states, metro areas with metro areas, small-town markets and counties with their own. It weighs household spending per competitor (35%), households per business with payroll (25%), population growth (20%) and spending power (20%), each ranked against those peers. A higher score means that, taken together, the market has more household spending and more households for each business already there, faster population growth and more spending per household than similar markets. It describes a market, not any one site or deal. All 56 business types have a score in Henrico County, each ranked against other counties.

How can I see the market around a specific site?

Run a Groundwork site report on an address in Henrico County. It maps the competitors on map listings near the site and sizes the households and spending within the distance you choose. New accounts get 10 actions over 3 days, no card.

All markets in Virginia · Every U.S. market · How we measure

Screening a site or an acquisition in Henrico County?

A site report maps the competitors on map listings near an address and sizes the households and spending around it.

The button opens the report at the center of Henrico County. Signed out, you see a blurred preview; on an account, each report is one action.

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

Figures are estimates for research only. Not investment or real estate advice.