Richmond, VA population, income and ZIP codes

Richmond city is a mid-size city in Virginia, with 227,595 residents counted in the Census American Community Survey 2019-2023 ACS 5-year estimates, which places it #5 of 688 ranked by population — larger than 99% of them. The median age here is 34.5 years against 39.1 nationally, a slightly younger profile than the country as a whole. At this size the Census also publishes one-year estimates; the five-year values used here are steadier and let you compare against smaller neighbours on the same basis.

Households in Richmond city earn a median of $62,671 a year, 20.2% below the national figure of $78,538 and 24% below the $82,986 median for the 383 Virginia cities we cover. Median household income counts every pre-tax dollar arriving at an address — wages, self-employment, Social Security, pensions, interest and public assistance — for everyone living there, so multi-earner households pull the figure up even where individual pay is modest. Poverty reaches 18.8% of residents here, well above the 12.4% national rate, which is the single clearest signal in this dataset that median income here is carried by a narrow band of households.

The typical owner-occupied home in Richmond city is valued at $328,100, 8.1% above the national figure and 13% above the $291,300 peer median, while median gross rent runs $1,314 a month, 6.5% below the national figure, or roughly $15,768 across a full year. A household on the local median income would put about 25.2% of gross pay toward that rent against the federal 30% cost-burden threshold, so renting here is within the standard affordability guideline. The home-price-to-income ratio works out to 5.2×, against roughly 3.9× nationally, so buying is harder here than in the average US market. 43.5% of occupied homes are owner-occupied versus 65% nationally, a renter-majority market, so rent figures matter more here than the home-value line. Gross rent folds in the utilities a tenant pays separately, so it is closer to the real monthly outlay than a headline rent figure.

Every value on this page is published directly by the Census for this area — nothing is modelled or interpolated. Small-area estimates still carry wider margins of error than state or national figures, so check the linked ACS tables before relying on them for lending, appraisal or legal work.