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Richmond city: Median Household Income Trend

How Richmond city's median household income changed from 2017 to 2023, based on U.S. Census Bureau ACS 5-Year Estimates. The 2019 vintage reflects the pre-COVID peak; 2021 captures the immediate COVID-era disruption; 2022–2023 show the recovery.

2017
$50,250
2023
$61,715
Total change
+$11,465
% change
+22.8%
Year Median Household Income Change
2017 $50,250
2019 $57,885 +$7,635 (15.2%)
2020 $54,801 $3,084 (-5.3%)
2021 $58,684 +$3,883 (7.1%)
2022 $64,154 +$5,470 (9.3%)
2023 $61,715 $2,439 (-3.8%)

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