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 $62,671 (U.S. Census Bureau ACS 5-Year Estimates, 2023).
- What is the poverty rate in Richmond city?
- The poverty rate in Richmond city is 12.0% (U.S. Census Bureau ACS 2023).
- What is the median home value in Richmond city?
- $328,100 (U.S. Census Bureau ACS 2023).
- What is the average rent in Richmond city?
- The median gross rent in Richmond city is $1,314 per month (U.S. Census Bureau ACS 2023).
- What percentage of Richmond city residents have a college degree?
- 44.1% of adults in Richmond city hold a bachelor's degree or higher (U.S. Census Bureau ACS 2023).
Population
227,595
Median Income
$62,671
Median Home Value
$328,100
Poverty Rate
12.0%
Unemployment (ACS 2023)
6.0%
Median Age
34.0 yrs
Since 2019
Median Income:
+$15,421 (+32.6%)
Home Value:
+$97,600 (+42.3%)
Poverty Rate:
-4.1 pp (-25.5%)
Bachelor's+:
+4.5 pp (+11.4%)
Unemployment:
-0.5 pp (-7.7%)
Demographics
Total Population
227,595
Median Age
34.0
Female
52.5%
Race & Ethnicity
Hispanic or Latino 10.3%
White (non-Hisp.) 41.0%
Black 42.0%
Asian 2.1%
Two or More 7.1%
Other 5.3%
Asian Subgroups (% of total pop.)
Chinese
0.6%
Indian
0.4%
Filipino
0.2%
Korean
0.2%
Vietnamese
0.1%
Hispanic Subgroups (% of total pop.)
Mexican
2.1%
Puerto Rican
1.1%
Cuban
0.3%
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Income & Poverty
Median Household Income
$62,671
±$1,684
-$28,303 vs. state
Per Capita Income
$96,361
Median Family Income
$84,119
Poverty Rate
12.0%
+5.2 pp vs. state
Child Poverty Rate
20.1%
Working-Age Poverty Rate
—
SNAP Recipients
14.6%
Social Security Income
—
Retirement Income
18.7%
Household Income Distribution
< $10k
7.3%
$10–15k
5.7%
$15–25k
8.4%
$25–35k
7.7%
$35–50k
12.7%
$50–75k
16.6%
$75–100k
12.0%
$100–150k
12.4%
$150–200k
7.1%
$200k+
10.0%
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Housing
Total Housing Units
112,848
Owner-Occupied
43.5%
Renter-Occupied
56.5%
Vacancy Rate
9.5%
Median Home Value
$328,100
-$32,600 vs. state
Median Gross Rent
$1,314
Owner Cost Burden (30%+)
22.9%
Renter Cost Burden (30%+)
43.4%
Home Value Distribution
< $50k
1.8%
$50–100k
3.0%
$100–200k
7.0%
$200–300k
22.4%
$300–500k
30.1%
$500k–$1M
19.0%
$1M+
5.7%
Gross Rent Distribution
< $500
9.4%
$500–1k
14.9%
$1–1.5k
41.0%
$1.5–2k
24.1%
$2–2.5k
7.9%
$2.5–3.5k
1.9%
$3.5k+
0.8%
Vehicle Availability
No vehicle
13.4%
1 vehicle
43.1%
2 vehicles
30.7%
3+
12.8%
Housing Type
Single-fam. det.
45.1%
Single-fam. att.
7.4%
2–4 units
5.0%
5–19 units
8.6%
20+ units
20.1%
Mobile home
0.8%
Housing Age
Pre-1940
28.6%
1940–1969
9.0%
1970–1999
8.7%
2000–2009
5.9%
2010+
8.6%
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Education
High School or Higher
89.3%
Bachelor's or Higher
44.1%
+2.6 pp vs. state
Graduate Degree
18.0%
Some College / Associate
18.8%
Less Than High School
4.3%
Enrolled in School
—
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Employment
Labor Force Participation
68.5%
Unemployment Rate
6.0%
+1.7 pp vs. state
Work from Home
16.9%
Self-Employed
4.5%
Government Workers
16.8%
Private For-Profit
78.4%
Industry
Edu/Health
24.3%
Prof. Services
14.3%
Arts/Entmt.
10.5%
Retail
10.3%
Finance
8.7%
Construction
5.8%
Manufacturing
5.7%
Public Admin
5.6%
Transportation
5.5%
Information
1.9%
Wholesale
1.9%
Agriculture
0.2%
Occupation
Management
47.4%
Sales
19.4%
Food Prep
17.2%
Production
10.1%
Construction
5.9%
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Commute
Median Travel Time
22.1 min
Drove Alone
64.9%
Carpool
7.8%
Public Transit
3.6%
Work from Home
16.9%
Walked
4.2%
Bicycle
—
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Households & Families
Total Households
102,145
Avg. Household Size
2.00
Avg. Family Size
—
Married-Couple Households
25.3%
Single-Mother Households
—
Single-Father Households
—
Living Alone
—
Households with Children
8.7%
Multigenerational
—
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Age Distribution
Under 5
5.9%
5–9
5.0%
10–14
4.3%
15–19
6.1%
20–24
8.0%
25–34
21.6%
35–44
13.5%
45–54
10.1%
55–64
5.7%
65–74
6.2%
75–84
8.7%
85+
3.5%
Under 18: 17.6%
Working age (18–64): 82.4%
65 and over: 13.6%
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023
Social Characteristics
Immigration
Foreign Born
8.6%
Naturalized Citizen
30.7%
Speaks English Less Than Very Well
5.9%
Foreign-Born Origin
Latin America
64.4%
Asia
17.3%
Europe
9.7%
Africa
6.8%
Veterans & Disability
Veteran
5.5%
With a Disability
14.0%
Cognitive Difficulty
—
Ambulatory Difficulty
—
Health Insurance
Insured
90.2%
Uninsured
9.8%
Employer Insurance
—
Medicaid
—
Medicare
—
Technology & Mobility
Broadband Internet
84.9%
Has a Computer
93.4%
Same House 1 Year Ago
79.6%
Moved from Abroad
0.8%
Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023