Richmond city, Virginia

VA · FIPS 51760 · ACS 2024 5-Year Estimates

Metric Value vs National Rank Percentile
Total Population 229,359 #312 / 3,222
90th
Median Household Income $64,587 -14.1% #1,665 / 3,222
48th
Median Age 34.7 years -10.8% #2,991 / 3,222
7th
Median Home Value $353,000 +25.2% #403 / 3,222
88th
Median Gross Rent $1,372 +18.0% #340 / 3,222
89th
Poverty Rate 18.2% +44.4% #2,475 / 3,222
23th

Demographics

Richmond city has a population of 229,359, making it the #312 most populous county in the US. The median age is 34.7 years, which is 10.8% below the national median.

Population Trend

Rankings →

Year-over-Year Population Growth

Age & Sex Distribution

Race & Ethnicity

Nativity

91.6%
Native Born
8.4%
Foreign Born

Household Type

Economy

The median household income in Richmond city is $64,587, ranking #1,665 out of 3,222 counties — 14.1% below the national median. The poverty rate is 18.2% and unemployment stands at 5.7%.

Median Household Income
$64,587 −14.1% vs nat'l
Rank #1,665 of 3,222
48th percentile
Per Capita Income
$45,790 +11.0% vs nat'l
Rank #368 of 3,222
89th percentile
Poverty Rate
18.2% +44.4% vs nat'l
Rank #2,475 of 3,222
23th percentile
Unemployment Rate
5.7% +7.5% vs nat'l
Rank #2,398 of 3,222
26th percentile
Bachelor's Degree or Higher
45.6% +35.4% vs nat'l
Rank #162 of 3,222
95th percentile
Mean Commute Time
23.8 min −13.9% vs nat'l
Rank #2,194 of 3,222
32th percentile

Median Household Income Trend

Rankings →

Poverty Rate Trend

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Housing

The median home value in Richmond city is $353,000 (+25.2% vs national). Renters pay a median of $1,372/mo and the homeownership rate is 43.5%.

Median Home Value
$353,000 +25.2% vs nat'l
Rank #403 of 3,222
88th percentile
Median Gross Rent
$1,372 +18.0% vs nat'l
Rank #340 of 3,222
89th percentile
Homeownership Rate
43.5% −32.4% vs nat'l
Rank #3,200 of 3,222
1th percentile
43.5% Homeownership

Median Home Value Trend

Rankings →

Health

91.2% of residents in Richmond city have health insurance coverage, which is 0.6% below the national rate.

91.2% Health Insurance
Health Insurance Coverage
91.2% −0.6% vs nat'l
Rank #1,905 of 3,222
41th percentile

About Richmond city, Virginia

Richmond city, Virginia has a total population of 229,359, making it the 312th most populous county in the United States. The median age in Richmond city is 34.7 years, which is 10.8% below the national median of 38.9 years.

The median household income in Richmond city is $64,587, which ranks #1,665 of 3,222 counties nationwide. This is 14.1% below the national median of $75,149. The poverty rate is 18.2%, higher than the national rate of 12.6%. The unemployment rate stands at 5.7%.

The median home value in Richmond city is $353,000, 25.2% above the national median. Renters in Richmond city pay a median gross rent of $1,372 per month. The homeownership rate is 43.5%, compared to the national rate of 64.4%.

In Richmond city, 45.6% of residents aged 25 and older hold a bachelor's degree or higher, 35.4% above the national average of 33.7%. Health insurance coverage stands at 91.2% of the population. The average commute time for workers is 23.8 min.

Richmond city is a diverse community. The largest racial or ethnic group is White (non-Hispanic) at 41.4% of the population, followed by Black (non-Hispanic) (40.6%) and Hispanic or Latino (10.7%).

All data for Richmond city, Virginia comes from the U.S. Census Bureau's American Community Survey (ACS) 5-Year Estimates. These figures are estimates based on survey sampling and are subject to margin of error. For the most detailed and up-to-date data, visit the Census Bureau's official data portal.