Richmond
In Richmond city, Virginia.
- Population
- 227,595
- Median household income
- $62,671
- Median home value
- $328,100
+0.4%’19–’23
+32.6%’19–’23
+42.3%’19–’23
Located in Richmond city, Virginia, Richmond is a community with a population of 227,595. At $62,671, its median household income sits in line with Richmond city's $62,671.
From 2019 to 2023, Richmond's population held roughly steady from 226,622 to 227,595, while its median home value rose 42.3% from $230,500 to $328,100.
Households average 2.13 people. The median gross rent is $1,314.
Demographics
ACS 2019–2023- Population
- 227,595
- Median age
- 34.5 yrs
- Median household income
- $62,671
- Median home value
- $328,100
- Median gross rent
- $1,314
- Housing units
- 112,848
- Homeownership rate
- 43.5%
- Bachelor's degree or higher
- 44.1%
- Unemployment rate
- 6.0%
Trends
ACS 5-year · 2019–2023226,622227,595
$47,250$62,671
$230,500$328,100
$1,025$1,314
| Year | Population | Median household income | Median home value | Median gross rent |
|---|---|---|---|---|
| 2019 | 226,622 | $47,250 | $230,500 | $1,025 |
| 2020 | 229,233 | $51,421 | $244,200 | $1,070 |
| 2021 | 225,676 | $54,795 | $263,000 | $1,132 |
| 2022 | 227,171 | $59,606 | $308,300 | $1,227 |
| 2023 | 227,595 | $62,671 | $328,100 | $1,314 |
Each year is a US Census Bureau ACS 5-year estimate ending that year.
Age distribution
Under 55.9%
5 to 1711.7%
18 to 2411.7%
25 to 3421.6%
35 to 4413.5%
45 to 5410.1%
55 to 6411.9%
65 to 748.7%
75 and over4.9%
| Count | Share | |
|---|---|---|
| Under 5 | 13,361 | 5.9% |
| 5 to 17 | 26,702 | 11.7% |
| 18 to 24 | 26,567 | 11.7% |
| 25 to 34 | 49,151 | 21.6% |
| 35 to 44 | 30,669 | 13.5% |
| 45 to 54 | 23,094 | 10.1% |
| 55 to 64 | 27,043 | 11.9% |
| 65 to 74 | 19,789 | 8.7% |
| 75 and over | 11,219 | 4.9% |
Race & ethnicity
| Count | Share | |
|---|---|---|
| White (non-Hispanic) | 93,413 | 41.0% |
| Black or African American | 94,783 | 41.6% |
| American Indian & Alaska Native | 335 | 0.1% |
| Asian | 4,703 | 2.1% |
| Native Hawaiian & Pacific Islander | 109 | 0.0% |
| Some other race | 1,053 | 0.5% |
| Two or more races | 9,760 | 4.3% |
| Hispanic or Latino (any race) | 23,439 | 10.3% |
Educational attainment (age 25+)
No high school diploma10.7%
High school graduate21.2%
Some college or associate's24.0%
Bachelor's degree26.0%
Graduate or professional degree18.0%
| Count | Share | |
|---|---|---|
| No high school diploma | 17,273 | 10.7% |
| High school graduate | 34,073 | 21.2% |
| Some college or associate's | 38,679 | 24.0% |
| Bachelor's degree | 41,917 | 26.0% |
| Graduate or professional degree | 29,023 | 18.0% |
Commute to work
- Mean travel time to work
- 22 min
Drove alone64.9%
Carpooled7.8%
Public transit3.6%
Walked4.2%
Bicycle1.1%
Worked from home16.9%
Other means1.5%
How workers get to work
| Count | Share | |
|---|---|---|
| Drove alone | 78,397 | 64.9% |
| Carpooled | 9,420 | 7.8% |
| Public transit | 4,393 | 3.6% |
| Walked | 5,105 | 4.2% |
| Bicycle | 1,273 | 1.1% |
| Worked from home | 20,445 | 16.9% |
| Other means | 1,773 | 1.5% |
Travel time
| Count | Share | |
|---|---|---|
| Under 15 min | 27,216 | 27.1% |
| 15 to 29 min | 48,819 | 48.6% |
| 30 to 44 min | 16,879 | 16.8% |
| 45 to 59 min | 2,945 | 2.9% |
| 60+ min | 4,502 | 4.5% |
Households
- Average household size
- 2.13
- Poverty rate
- 18.8% (40,994 of 217,613)
| Count | Share | |
|---|---|---|
| Family households | 44,772 | 43.8% |
| Nonfamily households | 57,373 | 56.2% |
Housing
- Median year structure built
- 1959
Occupancy
| Count | Share | |
|---|---|---|
| Occupied | 102,145 | 90.5% |
| Vacant | 10,703 | 9.5% |
Tenure (of occupied units)
| Count | Share | |
|---|---|---|
| Owner-occupied | 44,386 | 43.5% |
| Renter-occupied | 57,759 | 56.5% |
1-unit, detached45.1%
1-unit, attached7.4%
2 to 4 units11.8%
5 to 19 units14.8%
20 or more units20.1%
Mobile home & other0.8%
Units in structure
| Count | Share | |
|---|---|---|
| 1-unit, detached | 50,870 | 45.1% |
| 1-unit, attached | 8,327 | 7.4% |
| 2 to 4 units | 13,352 | 11.8% |
| 5 to 19 units | 16,674 | 14.8% |
| 20 or more units | 22,709 | 20.1% |
| Mobile home & other | 916 | 0.8% |
Geography
- Place GEOID
- 5167000
- Type (LSAD)
- 25
- Land area
- 60 sq mi
- Water area
- 2.64 sq mi
- Center point
- 37.5314, -77.4760
Virginia rankings
21- Largest by population in Virginia
- Most densely populated in Virginia
- Highest median household income in Virginia
- Highest median home value in Virginia
- Most affordable home values in Virginia
- Highest median gross rent in Virginia
- Cheapest median gross rent in Virginia
- Oldest by median age in Virginia
- Youngest by median age in Virginia
- Most college-educated in Virginia
- Highest poverty rate in Virginia
- Lowest poverty rate in Virginia
- Highest homeownership rate in Virginia
- Lowest homeownership rate in Virginia
- Longest commutes in Virginia
- Shortest commutes in Virginia
- Largest households in Virginia
- Newest housing in Virginia
- Oldest housing in Virginia
- Fastest-growing (2019–2023) in Virginia
- Fastest-shrinking (2019–2023) in Virginia
Other places in Richmond city
0None.