How America Moves

Henrico County, VA

Migration of people and income, 2022–2023 filing years

Between the 2022 and 2023 filing years, Henrico County, VA saw a net gain of 147 tax-filing households and a net loss of 463 individuals. On net, the area lost $78.6M in associated adjusted gross income (AGI, nominal dollars). The largest inflow came from Richmond city; the largest outflow went to Richmond city. These figures cover federal income tax filers only and do not indicate why people moved.

Net income (AGI)
-$78.6M
nominal dollars
Net households
+147
tax returns
Net people
-463
exemptions

Income (AGI) in and out

Moved in$936.9M
Moved out$1.0B
Net -$78.6M (nominal)

Where movers came from

  1. 1Richmond city, VA3,409$239.0M
  2. 2Chesterfield County, VA1,389$96.8M
  3. 3Hanover County, VA774$55.1M
  4. 4Fairfax County, VA280$31.0M
  5. 5Goochland County, VA226$23.0M
  6. 6Virginia Beach city, VA131$9.6M
  7. 7Prince William County, VA115$9.6M
  8. 8New Kent County, VA112$7.5M
  9. 9Petersburg city, VA105$4.1M
  10. 10Spotsylvania County, VA102$6.4M

Where movers went

  1. 1Richmond city, VA2,521$145.6M
  2. 2Chesterfield County, VA1,870$142.0M
  3. 3Hanover County, VA1,033$100.6M
  4. 4Goochland County, VA512$99.7M
  5. 5Fairfax County, VA207$20.1M
  6. 6New Kent County, VA196$16.3M
  7. 7Mecklenburg County, NC112$8.3M
  8. 8King William County, VA108$6.6M
  9. 9Petersburg city, VA108$3.8M
  10. 10Virginia Beach city, VA105$7.2M

Net migration by year

Net 2012–2023: -$829.3M (-7,900 people)
20122023
Net AGI and net people by year (nominal dollars)
YearNet AGINet people
2012-$49.2M+837
2013-$81.1M+244
2014-$61.2M-338
2015-$60.3M-1,477
2016-$148.4M-1,731
2017-$99.8M-932
2018-$34.2M-56
2019-$1.3M+357
2020-$21.6M-1,425
2021-$80.9M-1,476
2022-$112.7M-1,440
2023-$78.6M-463

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Source: IRS Statistics of Income migration data (public domain). Covers federal income tax filers only; AGI is nominal (not inflation adjusted). These numbers describe movement of filers and their reported income, not why people moved or economic loss. Methodology and caveats.