Richmond, VA
Full City Profile · Virginia · Richmond city County
3.2
/5.0
B
Good
227,595
Population
3,798/sq mi density
$62,671
Median Income
$44,249 per capita
$328,100
Home Value
$361,133 Zillow
$1,314
Median Rent
31.4% income on rent
60°F
Avg Temperature
296 sunny days/yr
463
Violent Crime/100K
3,499 property/100K
B
Overall
3.2 / 5.0
Good overall score based on economy, affordability, safety and education
B+
Economy
3.6 / 5.0
$62,671 median income, 4.1% unemployment
B+
Affordability
3.7 / 5.0
$328,100 home value, $1,314/mo rent
F
Safety
1.0 / 5.0
463 violent crimes/100K (22% above avg)
A+
Education
4.5 / 5.0
44.1% bachelor's degree or higher
Income Overview
Median Household Income
$62,671
17% below
US avg: $75,149
Per Capita Income
$44,249
13% above
US avg: $39,052
Unemployment Rate
4.1%
14% above
US avg: 3.6%
Poverty Rate
12.0%
3% below
US avg: 12.4%
Income Comparison: Richmond vs. U.S. Average
Each bar shows Richmond’s value as a percentage of the national average (100% line = U.S. avg)
Median Household
US: $75,149
$62,671
83%
Per Capita
US: $39,052
$44,249
113%
IRS Avg AGI
US: $72,000
$94,112
131%
Avg Weekly Wage
US: $1,432
$1,604
112%
Thin line = U.S. average (100%)
Employment & Commute
Avg Weekly Wage
$1,604
12% above US avg ($1,432)
Mean Commute Time
22 min
20% below US avg (28 min)
Work From Home
16.9%
11% above US avg (15.2%)
Drive Alone
64.9%
11% below US avg (73.2%)
Public Transit
3.6%
27% below US avg (5.0%)
County GDP
$35,106M
County-level GDP (BEA 2024)
How Residents Get to Work
Drive Alone
64.9%
Public Transit
3.6%
Work From Home
16.9%
Other
14.6%
Average commute time
22 minutes
US avg: 28 min
Business Landscape
Total Establishments
9,205
Restaurants
728
Healthcare
606
Retail
780
Manufacturing
201
Tax & Financial
IRS Avg Adjusted Gross Income
$94,112
31% above US avg ($72,000)
Avg Property Tax
$6,923
98% above US avg ($3,500)
Cost of Living Index
101.1
Above national average (100 = US avg)
Complete Economy Data
Income & Wages
| Median Household Income | $62,671 |
| Per Capita Income | $44,249 |
| IRS Avg Adjusted Gross Income | $94,112 |
| Avg Weekly Wage | $1,604 |
| County GDP | $35,106M |
Hardship Indicators
| Unemployment Rate | 4.1% |
| Poverty Rate | 12.0% |
| Gini Coefficient | 0.522 |
| Cost of Living Index | 101.1 |
Commute
| Mean Commute | 22 minutes |
| Drive Alone | 64.9% |
| Public Transit | 3.6% |
| Work From Home | 16.9% |
Businesses
| Total Establishments | 9,205 |
| Restaurants | 728 |
| Healthcare | 606 |
| Retail | 780 |
| Manufacturing | 201 |
Tax
| IRS Avg AGI | $94,112 |
| Avg Property Tax | $6,923 |
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