Median Household Income
$64,587
Median Home Value
$353,000
Median Gross Rent
$1,372/mo
Poverty Rate
18.2%
Unemployment Rate
5.7%
Homeownership Rate
43.5%
Bachelor's Degree or Higher
45.6%
Median Age
34.7
Population Over Time
Richmond city grew 8.7% from 2014 to 2024.
2014
211,063
2016
216,773
2018
223,787
2020
229,233
2022
227,171
2024
229,359
Business & Industry
Richmond city has 6,530 business establishments employing 129,898 people.
Professional, scientific, and technical services
990
Other services (except public administration)
760
Accommodation and food services
729
Health care and social assistance
631
Construction
430
Real estate and rental and leasing
407
Finance and insurance
374
Administrative and support and waste management and remediation services
294
Establishments by industry sector. Source: U.S. Census Bureau, County Business Patterns.
Source: U.S. Census Bureau, American Community Survey, ACS 2020-2024.