Three Chopt
RANK #319 / 996 NAT · #1 / 37 VA · POP 333,120
1YR FORECAST: +0.8%
5YR OUTLOOK: +28%
Henrico County, Virginia, one of the oldest counties in the United States, wraps around the city of Richmond to its west, north, and east. The county is known for communities like Short Pump and Innsbrook, which have been recognized for their quality of life. Commuting options include a bus network, and Richmond International Airport is located within the county. Henrico offers a variety of outdoor recreation opportunities, with numerous parks, recreation facilities, and access to the James River.
Life in Henrico County blends suburban living with access to urban amenities. The county's public schools are recognized for their academic programs, including five International Baccalaureate schools. Recent economic developments show investment in sectors such as advanced manufacturing and data centers, contributing to job growth and a diverse economy. The county also focuses on developing public spaces and walkable neighborhoods.
Well below national median
Below national median
Below-average climate & terrain
Above national median (13x)
Housing looks undervalued at 3.5x — home prices are low relative to local economic output. The typical U.S. county is 4–6x.
Estimated local headcount ranges. Larger employers shown as floor + "+"; smaller employers show exact counts where reported.
Source: Redfin · Census BPS — Browse sales on Redfin →
Source: CDC/NCHS vital statistics via County Health Rankings (2020–2022 avg). Rates per 100,000 population. Grade based on homicide rate relative to national average (~6.3). Learn more →
Source: EPA Air Quality System (2021–2023). Grade based on 3-year average median AQI. Learn about AQI →
| PROJECT | AMOUNT | STATUS |
|---|---|---|
|
Meta Henrico Data Center
Meta Platforms, Inc.
|
$1,700M | Operating |
|
Iron Mountain Data Center Campus (RCH-1 through RCH-4)
Iron Mountain
|
$1,000M | Under Construction |
|
Hourigan Data Center Campus
Hourigan
|
$500M | Proposed |
|
Amazon Robotics Fulfillment Center (RIC 4)
Amazon
|
$100M | Operating |
|
Eaton Manufacturing Expansion
Eaton
|
$50M | Planned |
|
Darbytown Storage Pilot Project (Battery Storage)
Dominion Energy
|
$50M | Planned |
Source: public records, news, corporate announcements. Amounts are estimates where noted.
Bars show percentile rank among all 996 counties.
With a Boom Town Index score of 68/100, Henrico County sits in the upper half of all 996 ranked counties. and median household income stands at $82,424 — indicators that suggest solid fundamentals even if it's not among the fastest-growing counties in VA.
Housing in Henrico County is roughly in line with national affordability norms. The median home costs $309,700 and the income-to-home-value ratio sits at 0.27, with rents averaging $1,380/month. Not a bargain, but not a stretch for most local earners either.
Population and employment in Henrico County are both close to flat — population +0.4% YoY and jobs +0.5%. Home values shifted +1.1% over the past 12 months. A steady-state county, neither expanding quickly nor shrinking.
There's a moderate stream of newcomers. About 4.49% of residents moved from another state, which is above average and suggests Henrico County has appeal as a relocation destination — though it's not among the highest-inflow counties nationally.