Virginia · Census place 67000
Richmond city, VA
Quick answer
Richmond city has 227,595 residents, ranking #5 of 688 places in Virginia. Median household income is $62,671, the median home is worth $328,100 and median gross rent runs $1,314 a month.
- Population
- 227,595Richmond city residents
- Median household income
- $62,671Past 12 months, inflation adjusted
- Median home value
- $328,100Owner-occupied units
- Median gross rent
- $1,314Rent plus utilities, monthly
- Median age
- 34.5 yrsAll residents
- Homeownership rate
- 43.5%Owner-occupied households
What the numbers mean in Richmond city
Housing cost measured against local earnings.
A household earning the Richmond city median would spend about 25.2% of gross income on the median rent. The 30% mark is the federal threshold for cost burden, so anything above it signals a stretched rental market. The median home costs 5.2× the median household income; nationally that ratio sits near 4.5×. Poverty affects 18.8% of residents and 43.5% of households own their home.
Source: US Census Bureau, ACS 2019-2023 5-year estimates · rates as published for 2019-2023 ACS 5-year
Compare with nearby places
Places of similar size in Virginia.
- Chesapeake city 251,153
- Arlington CDP 235,463
- Norfolk city 235,037
- Newport News city 184,774
- Alexandria city 156,788
- Hampton city 137,334
- Roanoke city 98,677
Keep going
More Virginia coverage.