Census Bureau data for Richmond city from the American Community Survey. "Cities" in Census data include incorporated places, towns, villages, and census-designated places (CDPs) — all places where the Census collects community-level estimates.
Data: U.S. Census Bureau, ACS 5-Year Estimates, 2023 (released December 2024).
Quick Facts — Richmond city
- What is the median household income in Richmond city?
- The median household income in Richmond city is $103,047 (U.S. Census Bureau ACS 5-Year Estimates, 2023).
- What is the poverty rate in Richmond city?
- The poverty rate in Richmond city is 2.8% (U.S. Census Bureau ACS 2023).
- What is the median home value in Richmond city?
- $348,700 (U.S. Census Bureau ACS 2023).
- What is the average rent in Richmond city?
- The median gross rent in Richmond city is $930 per month (U.S. Census Bureau ACS 2023).
- What percentage of Richmond city residents have a college degree?
- 32.3% of adults in Richmond city hold a bachelor's degree or higher (U.S. Census Bureau ACS 2023).
Population
2,971
Median Income
$103,047
Median Home Value
$348,700
Poverty Rate
2.8%
Unemployment (ACS 2023)
1.0%
Median Age
35.0 yrs
Since 2019
Median Income:
+$41,380 (+67.1%)
Home Value:
+$136,600 (+64.4%)
Poverty Rate:
-4.9 pp (-63.6%)
Bachelor's+:
+4.5 pp (+16.2%)
Unemployment:
-2.3 pp (-69.7%)
Demographics
Total Population
2,971
Median Age
35.0
Female
52.3%
Race & Ethnicity
Hispanic or Latino 6.1%
White (non-Hisp.) 90.3%
Black 0.7%
Two or More 6.4%
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Income & Poverty
Median Household Income
$103,047
±$25,102
+$11,297 vs. state
Per Capita Income
$124,161
Median Family Income
$110,240
Poverty Rate
2.8%
-2.9 pp vs. state
Child Poverty Rate
5.5%
Working-Age Poverty Rate
—
SNAP Recipients
3.0%
Social Security Income
—
Retirement Income
23.5%
Household Income Distribution
< $10k
2.7%
$10–15k
1.0%
$15–25k
3.6%
$25–35k
3.6%
$35–50k
3.3%
$50–75k
24.2%
$75–100k
10.9%
$100–150k
27.8%
$150–200k
7.7%
$200k+
15.2%
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Housing
Total Housing Units
934
Owner-Occupied
86.9%
Renter-Occupied
13.1%
Vacancy Rate
4.6%
Median Home Value
$348,700
-$106,300 vs. state
Median Gross Rent
$930
Owner Cost Burden (30%+)
15.4%
Renter Cost Burden (30%+)
11.6%
Home Value Distribution
< $50k
4.4%
$50–100k
4.4%
$100–200k
3.2%
$200–300k
17.7%
$300–500k
47.8%
$500k–$1M
19.3%
$1M+
0.5%
Gross Rent Distribution
$500–1k
53.7%
$1–1.5k
25.3%
$1.5–2k
21.1%
Vehicle Availability
No vehicle
3.5%
1 vehicle
10.1%
2 vehicles
43.2%
3+
43.2%
Housing Type
Single-fam. det.
89.0%
5–19 units
0.6%
Mobile home
6.6%
Housing Age
Pre-1940
17.7%
1940–1969
2.7%
1970–1999
19.8%
2000–2009
23.9%
2010+
11.9%
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Education
High School or Higher
98.1%
Bachelor's or Higher
32.3%
-4.6 pp vs. state
Graduate Degree
10.2%
Some College / Associate
27.2%
Less Than High School
0.5%
Enrolled in School
—
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Employment
Labor Force Participation
66.2%
Unemployment Rate
1.0%
-2.4 pp vs. state
Work from Home
5.5%
Self-Employed
2.3%
Government Workers
22.7%
Private For-Profit
75.0%
Industry
Edu/Health
23.6%
Manufacturing
21.8%
Public Admin
7.7%
Transportation
7.4%
Construction
6.0%
Prof. Services
5.9%
Arts/Entmt.
5.9%
Finance
5.8%
Retail
5.1%
Agriculture
4.4%
Wholesale
1.4%
Information
0.4%
Occupation
Management
42.0%
Sales
22.3%
Production
14.2%
Food Prep
13.2%
Construction
8.2%
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Commute
Median Travel Time
20.6 min
Drove Alone
78.4%
Carpool
14.1%
Public Transit
0.5%
Work from Home
5.5%
Walked
0.7%
Bicycle
—
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Households & Families
Total Households
891
Avg. Household Size
3.00
Avg. Family Size
—
Married-Couple Households
78.6%
Single-Mother Households
—
Single-Father Households
—
Living Alone
—
Households with Children
37.6%
Multigenerational
—
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Age Distribution
Under 5
5.9%
5–9
11.2%
10–14
11.7%
15–19
9.8%
20–24
4.4%
25–34
6.9%
35–44
17.7%
45–54
10.9%
55–64
3.5%
65–74
5.7%
75–84
8.8%
85+
3.0%
Under 18: 37.5%
Working age (18–64): 62.5%
65 and over: 12.3%
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Social Characteristics
Immigration
Foreign Born
1.5%
Naturalized Citizen
54.5%
Speaks English Less Than Very Well
0.7%
Foreign-Born Origin
Latin America
65.9%
Europe
25.0%
Veterans & Disability
Veteran
4.6%
With a Disability
8.9%
Cognitive Difficulty
—
Ambulatory Difficulty
—
Health Insurance
Insured
97.8%
Uninsured
2.2%
Employer Insurance
—
Medicaid
—
Medicare
—
Technology & Mobility
Broadband Internet
93.2%
Has a Computer
96.9%
Same House 1 Year Ago
92.9%
Moved from Abroad
0.0%
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023