Average Household Income In Richmond Virginia Richmond city Virginia QuickFacts provides statistics for all states and counties Also for cities and towns with a population of 5 000 or more Clear 1 Table Map Chart More Print CSV Table Richmond city Virginia Median households income in 2023 dollars 2019 2023 62 671
Census data for Richmond VA pop 229 247 including age race sex income poverty marital status education and more 65 650 3 927 Median household income about 80 percent of the amount in the Richmond VA Metro Area 84 332 2 098 about three quarters of the amount in Virginia 89 931 970 Poverty 17 The median household income in Richmond VA in 2023 was 65 650 which was 37 0 less than the median annual income of 89 931 across the entire state of Virginia Compared to the median income of 31 121 in 2000 this represents an increase of 52 6 The per capita income in 2023 was 46 862 which means an increase of 56 6 compared to 2000
Average Household Income In Richmond Virginia
Average Household Income In Richmond Virginia
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Personal Income By U S County Mapped Vivid Maps
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Selected measures of household income in Richmond as a percentage more or less than Virginia at large Scope households in Virginia and Richmond 40 30 20 10 0 ref 95th Percentile 80th Percentile 60th Percentile Median 40th Percentile 20th Percentile Ompared to last year employment in Virginia and Richmond MSA grew by 1 5 percent and 2 3 percent respectively Among Virginia MSAs Hampton Roads MSA saw the largest job Median Household Income 2023 inflation adjusted dollars 1 65 650 61 421 84 332 84 745 Median Family Income 2023
In 2022 Richmond VA had a population of 227k people with a median age of 34 5 and a median household income of 59 606 Between 2021 and 2022 the population of Richmond VA grew from 225 676 to 227 171 a 0 662 increase and its median household income grew from 54 795 to 59 606 a 8 78 increase This means Richmond income is much higher than the median income in the United States with city household incomes in the 87th percentile Education is usually most correlated with income and in the Richmond area 39 of adults have bachelor s degrees or higher versus 31 nationwide 12 of cities have higher median household incomes and 86
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The ACS 1 year data shows the median family income for Richmond was 97 301 in 2021 Compared to the median Virginia family income Richmond median family income is 3 462 lower As with the median household income data 2022 family income data for Richmond will be released in September of 2023 The average annual household income in Richmond is 90 543 while the median household income sits at 59 606 per year Residents aged 25 to 44 earn 68 391 while those between 45 and 64 years old have a median wage of 62 780 In contrast people younger than 25 and those older than 65 earn less at 27 005 and 46 481 respectively
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Average Household Income In Richmond Virginia - Ompared to last year employment in Virginia and Richmond MSA grew by 1 5 percent and 2 3 percent respectively Among Virginia MSAs Hampton Roads MSA saw the largest job Median Household Income 2023 inflation adjusted dollars 1 65 650 61 421 84 332 84 745 Median Family Income 2023