Richmond city, VA

N/A

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    2024 Population
    229,359
    2024 Poverty Rate
    18.2%
    3.4% 1-year decrease
    2024 Median Property Value
    $353,000
    7.59% 1-year growth

    About

    None of the households in N/A reported speaking a non-English language at home as their primary shared language. This does not consider the potential multi-lingual nature of households, but only the primary self-reported language spoken by all members of the household.

    94.2% of the residents in N/A are U.S. citizens.

    The largest universities in Richmond City, VA are Virginia Commonwealth University (7,419 degrees awarded in 2024), University of Richmond (1,258 degrees), and Virginia Union University (250 degrees).

    In 2024, the median property value in N/A was $353,000, and the homeownership rate was 43.5%.

    Most people in N/A drove alone to work, and the average commute time was 21.7 minutes. The average car ownership in N/A was 2 cars per household.

    Population & Diversity

    N/A is home to a population of 229k people, from which 94.2% are citizens.

    In 2024, there were 1.02 times more White (Non-Hispanic) residents (94.9k people) in N/A than any other race or ethnicity. There were 93k Black or African American (Non-Hispanic) and 12k Other (Hispanic) residents, the second and third most common ethnic groups.

    Citizenship

    94.2%
    2024 Citizenship
    94%
    2023 Citizenship

    As of 2024, 94.2% of Richmond city, VA residents were US citizens, which is higher than the national average of 93.2%. In 2023, the percentage of US citizens in N/A was 94%, meaning that the rate of citizenship has been increasing.

    Race and Ethnicity

    The 3 largest ethnic groups in Richmond city, VA
    1. White (Non-Hispanic)
      94.9k ± 444
    2. Black or African American (Non-Hispanic)
      93k ± 1.07k
    3. Other (Hispanic)
      12k ± 1.29k
    10.7%
    Hispanic Population
    24.5k people

    In 2024, there were 1.02 times more White (Non-Hispanic) residents (94.9k people) in N/A than any other race or ethnicity. There were 93k Black or African American (Non-Hispanic) and 12k Other (Hispanic) residents, the second and third most common ethnic groups.

    10.7% of the people in N/A are hispanic (24.5k people).

    The following chart shows the 8 races represented in N/A as a share of the total population.

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    Health

    Uninsured People

    8.82%
    Uninsured
    45.6%
    Employer Coverage
    21.4%
    Medicaid
    10.7%
    Medicare
    11.7%
    Non-Group
    1.83%
    Military or VA

    Between 2023 and 2024, the percent of uninsured citizens in N/A declined by 10.3% from 9.83% to 8.82%.

    The following chart shows how the percent of uninsured individuals in N/A changed over time compared with the percent of individuals enrolled in various types of health insurance.

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    Economy

    Unemployment Insurance Claims

    The most recent data point uses Advance State Claims data, which can be revised in subsequent weeks.

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    Median Earnings by Industry

    The industries with the best median earnings for men in 2024 are Public Administration ($82,716), Finance & Insurance, & Real Estate & Rental & Leasing ($78,537), and Professional, Scientific, & Management, & Administrative & Waste Management Services ($72,377).

    The industries with the best median earnings for women in 2024 are Finance & Insurance, & Real Estate & Rental & Leasing ($61,393), Professional, Scientific, & Management, & Administrative & Waste Management Services ($60,648), and Wholesale Trade ($58,114).

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    Civics

    Housing & Living

    The median property value in N/A was $353,000 in 2024, which is 1.06 times larger than the national average of $332,700. Between 2023 and 2024 the median property value increased from $328,100 to $353,000, a 7.59% increase. The homeownership rate in N/A is 43.5%, which is lower than the national average of 65.2%.

    People in N/A have an average commute time of 21.7 minutes, and they drove alone to work. Car ownership in N/A is approximately the same as the national average, with an average of 2 cars per household.

    Property

    $353,000
    Median Property Value 2024
    ±$7,576
    N/A
    Median Property Taxes
    ±N/A
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    Commuter Transportation

    Most Common Commute in 2024
    1. Drove Alone (63%)
    2. Worked At Home (19.5%)
    3. Carpooled (7.85%)

    In 2024, 63% of workers in N/A drove alone to work, followed by those who worked at home (19.5%) and those who carpooled to work (7.85%).

    The following chart shows the number of households using each mode of transportation over time, using a logarithmic scale on the y-axis to help better show variations in the smaller means of commuting.

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    Commute Time

    21.7 minutes
    Average Travel Time

    The chart below shows how the median household income in Richmond city, VA compares to that of it's neighboring and parent geographies.

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    Car Ownership

    2 cars
    Average Number
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    Poverty & Diversity

    The most common racial or ethnic group living below the poverty line in N/A is Black, followed by White and Hispanic.

    The Census Bureau uses a set of money income thresholds that vary by family size and composition to determine who classifies as impoverished. If a family's total income is less than the family's threshold than that family and every individual in it is considered to be living in poverty.

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