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Richmond city, Virginia

County

Population: 227,595 (2023 estimate)

Located in Virginia

County-level Census Bureau data covering income, housing, demographics, education, employment, and more. Counties are the primary administrative division in the U.S. and the most common unit for comparing local conditions across a state.

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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

Compare Richmond city

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Where People Move From (IRS Migration Data)

Top origins of people who moved to Richmond city in 2023, by number of tax returns filed (IRS SOI Migration Data).

Origin Tax Returns People (est.)
Henrico County 2,521 3,903
Chesterfield County 2,108 3,381
Other flows - South 1,048 1,418
Other flows - Northeast 592 762
Fairfax County 443 518
Hanover County 345 468
Other flows - West 322 471
Other flows - Midwest 302 376
District of Columbia 195 255
Loudoun County 161 200