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
$40,575
2023
$58,906
Total change
+$18,331
% change
+45.2%
| Year | Median Household Income | Change |
|---|---|---|
| 2017 | $40,575 | — |
| 2019 | $51,362 | +$10,787 (26.6%) |
| 2020 | $57,188 | +$5,826 (11.3%) |
| 2021 | $58,967 | +$1,779 (3.1%) |
| 2022 | $61,694 | +$2,727 (4.6%) |
| 2023 | $58,906 | $2,788 (-4.5%) |