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Richmond, VA Area and Community Summary Information


Community Summary

Richmond Virginia
Community Characteristics
Population 193,090 7,752,820
Population Density 3,214 191
Educational Climate Index 4
Median Age 34.46 36.17
Median Dwelling Age 45 25
In Current Residence 5+ years 35 % 33 %
Median Home Sale Price $178,000
Average household Income $54,731 $77,031
Median Value of Home Equity $140,974 $195,130
Median Mortgage Debt $288,506 $407,521
Total Household Expenditure 89 112
Total Crime Risk 319 71
Weather Risk 98 97
Air Pollution Index 94 89
Median Travel Time to Work 18.72 22.17
     

Population Characteristics

Richmond Virginia
Population 193,090 7,752,820
Population Density 3,214 191
     
Male Population 89,424 3,818,496
Female Population 103,666 3,934,324
     
Population Change Since 1990 -5 % 25 %
Population Change Since 2000 -2 % 10 %
     

Age

Richmond Virginia
Median Age 34.46 36.17
     
Population: Age 0-4 15,337 523,865
Population: Age 5-9 12,552 500,127
Population: Age 10-14 11,096 506,997
Population: Age 15-19 12,809 527,463
Population: Age 20-24 15,352 543,205
Population: Age 25-29 14,563 525,803
Population: Age 30-34 13,609 513,533
Population: Age 35-39 13,338 541,801
Population: Age 40-44 13,099 595,827
Population: Age 45-49 13,103 605,548
Population: Age 50-54 12,527 555,668
Population: Age 55-59 10,913 491,300
Population: Age 60-64 8,274 393,581
Population: Age 65-69 6,272 285,738
Population: Age 70-74 5,627 218,743
Population: Age 75-79 5,105 170,377
Population: Age 80-84 4,446 129,108
Population: Age 85+ 5,068 124,136
     

Race Distribution

Richmond Virginia
Race: White 82,462 5,543,395
Race: American Indian, Eskimo, Aleut 464 26,554
Race: Asian or Pacific Islander 2,804 389,674
Race: Other 3,159 151,547
Race: Hawaiian / Pacific Islander 187 4,474
Race: Black 100,708 1,460,605
     

Hispanic Distribution

Richmond Virginia
Population: Hispanic 7,820 500,111
Population: Not Hispanic 185,270 7,252,709
     

Education

Richmond Virginia
Education: Less than 9th Grade 6,220 255,124
Education: Some High School 13,409 431,102
Education: High School Graduate 35,456 1,383,305
Education: Some College 21,194 949,436
Education: Associate Degree 4,939 354,203
Education: Bachelors Degree 25,946 1,055,490
Education: Graduate Degree 18,780 722,503
     

Marital Status

Richmond Virginia
Never Married 62,896 1,593,607
Now Married 45,777 3,324,393
Separated 14,066 372,565
Widowed 13,472 377,372
Divorced 17,693 552,841
     

Households

Richmond Virginia
Households 80,260 2,962,265
Average Household Size
     
Households: Family 36,006 1,972,406
Households: Non-Family 44,254 989,859
     
Households: With Children 20,817 989,162
Households: No Children 59,443 1,973,103
     

Housing Characteristics

Richmond Virginia
Median Dwelling Age 45 25
Median Home Sale Price $178,000
Average household Income $54,731 $77,031
Median Value of Home Equity $140,974 $195,130
Median Mortgage Debt $288,506 $407,521
     

Home Ownership

Richmond Virginia
Vacant Dwellings 13357 315553
Owner-Occupied Dwellings 35767 2078849
Renter-Occupied Dwellings 44493 883416
     

Turnover

Richmond Virginia
In Current Residence 5+ years 35 % 33 %
Annual Residential Turnover 25 % 22 %
     
Median Years in Residence 2.87 2.97
     

Income Characteristics

Richmond Virginia
Median household income $37,621 $57,460
Average household Income $54,731 $77,031
Per capita income $24,325 $30,310
Median Disposable Income $33,076 $47,949
     

Income Growth

Richmond Virginia
Change in Avg. Household Income Since 1990 59 % 72 %
Change in Avg. Household Income Since 2000 20 % 23 %
     

Household Income

Richmond Virginia
Household Income: $0-$10,000 11,535 199,312
Household Income: $10,000-$15,000 4,983 109,139
Household Income: $15,000-$20,000 5,313 126,823
Household Income: $20,000-$25,000 5,645 140,748
Household Income: $25,000-$30,000 5,500 148,242
Household Income: $30,000-$35,000 4,991 140,765
Household Income: $35,000-$40,000 4,125 133,761
Household Income: $40,000-$45,000 4,245 145,538
Household Income: $45,000-$50,000 3,577 131,652
Household Income: $50,000-$60,000 6,508 269,022
Household Income: $60,000-$75,000 6,798 318,737
Household Income: $75,000-$100,000 6,897 400,975
Household Income: $100,000-$125,000 3,613 251,521
Household Income: $125,000-$150,000 1,952 148,125
Household Income: $150,000-$200,000 1,910 144,337
Household Income: $200,000-$250,000 723 52,769
Household Income: $250,000-$500,000 985 60,760
Household Income: $500,000+ 960 40,039
     

Median Income

Richmond Virginia
Median Income: Age < 25 $24,245 $35,897
Median Income: Age 25-34 $37,118 $52,592
Median Income: Age 35-44 $40,358 $63,254
Median Income: Age 45-54 $46,884 $70,865
Median Income: Age 55-64 $40,815 $64,689
Median Income: Age 65-74 $34,311 $48,524
Median Income: Age 75+ $30,782 $38,375
     

Cost of Living Index

Richmond Virginia
Total Household Expenditure 89 112
Contributions 86 116
Personal Insurance 86 115
Apparel 89 112
Education 88 115
Entertainment 88 113
Food And Beverages 90 111
Health Care 92 110
Household Furnishings And Equipment 86 114
Shelter 89 112
Household Operations 85 114
Miscellaneous Expenses 91 111
Personal Care 89 112
Reading 90 112
Tobacco 95 108
Transportation 88 112
Utilities 92 110
Gifts 87 115
     
Sales Tax Rate 5 %
     

Financial Characteristics

Richmond Virginia
Median Household Net Worth $105,252 $166,679
Average Household Net Worth $384,767 $551,847
Median Value of Home Equity $140,974 $195,130
Median Mortgage Debt $288,506 $407,521
     

Net Worth

Richmond Virginia
Net Worth: $0 or Less 10,659 323,925
Net Worth: $1-$5,000 12,097 367,513
Net Worth: $5,000-$10,000 5,815 198,104
Net Worth: $10,000-$25,000 9,725 355,575
Net Worth: $25,000-$50,000 10,179 392,414
Net Worth: $50,000-$100,000 12,474 490,077
Net Worth: $100,000-$250,000 14,249 588,981
Net Worth: $250,000-$500,000 5,458 237,408
Net Worth: Greater Than $500,000 2,852 133,155
     

Investments and Debt

Richmond Virginia
Median Value of Transaction Accounts $21,370 $29,514
Median Value of Certificates of Deposit $5,947 $7,443
Median Value of Savings Bonds $893 $1,176
Median Value of Bonds (Not US Savings) $8,804 $13,428
Median Value of Stocks $28,620 $42,946
Median Value of Mutual Funds $23,687 $34,805
Median Value of Retirement Accounts $51,182 $76,201
Median Value of Cash Value Life Ins $4,887 $6,726
Median Value of Other Managed Accounts $12,690 $18,090
Median Value of Other Financial Assets $3,643 $5,084
Median Value of Any Financial Assets $161,724 $235,412
Median Value of Vehicles Owned $14,947 $19,120
Median Value of Investment Property Equity $30,174 $43,265
Median Value of Business Equity $21,007 $29,988
Median Value of Other Non-Financial Assets $77,108 $113,902
Median Value of Any Non-Financial Assets $4,296 $6,116
Median Installment Loan Debt $48,096 $68,444
Median Lines of Credit Debt $5,880 $8,702
Median Credit Card Debt $524 $742
Median Investment Real Estate Debt $7,765 $9,169
Median Other Debt $11,618 $16,771
Median Total Debts $124,237 $197,446
     

Occupation

Richmond Virginia
     
Occupations: White Collar 145,944 2,680,507
Occupations: Blue Collar 32,854 748,014
     
Business Counts: Professional Specialty Occupations 38,861 586,134
Business Counts: Sales Professionals 3,848 87,957
Business Counts: Technologies and Technicians 9,405 136,770
Business Counts: Sales Workers and Clerks 10,719 319,634
Business Counts: Administrative Support 34,811 604,782
Business Counts: Technical, Sales and Administrative: Field Occupations 1,162 6,614
Business Counts: Private Household 24 145
Business Counts: Protective Services 2,599 50,037
Business Counts: Other Services: Site Based 19,004 428,842
Business Counts: Other Services: Field Based 921 15,428
Business Counts: Farming, Forestry, and Fishing 3,960 90,055
Business Counts: Precision, Craft, and Repair: Site Based 12,442 290,179
Business Counts: Construction, Repair and Mining: Field Based 4,488 105,834
Business Counts: Machine Operators, Assemblers and Inspectors 3,304 71,301
Business Counts: Transportation Materials Moving Workers 4,705 100,710
Business Counts: Handlers, Helpers and Laborers 3,955 89,935
     
Employees: Agricultural, Forestry, Fishing 717 35,243
Employees: Mining 166 4,963
Employees: Construction 7,719 200,673
Employees: Manufacturing 14,556 295,882
Employees: Transportation and Communications 8,989 138,718
Employees: Wholesale Trade 4,860 126,819
Employees: Retail Trade 19,680 754,393
Employees: Finance, Insurance and Real Estate 15,389 229,500
Employees: Services 79,524 1,400,110
Employees: Public Administration 27,198 242,234
     

Transportation & Commute

Richmond Virginia
Median Travel Time to Work 18.72 22.17
Transportation to Work: Public 8 % 4 %
Transportation to Work: Drive / Carpool 83 % 90 %
Transportation to Work: Walk / Bike / Other 6 % 3 %
Transportation to Work: Work at Home 2 % 3 %
     

Crime Risk

Richmond Virginia
Total Crime Risk 319 71
     
Personal Crime Risk 324 56
Murder Risk 754 94
Rape Risk 223 73
Robbery Risk 378 61
Assault Risk 240 51
     
Property Crime Risk 231 74
Burglary Risk 179 52
Larceny Risk 183 85
Motor Vehicle Theft Risk 236 54
     

Temperature & Rain

Richmond Virginia
Average January High Temperature 45.3 44.72
Average January Low Temperature 27.6 24.71
Average July High Temperature 87.5 86.67
Average July Low Temperature 68.3 64.87
     
Annual Precipitation 43.91 44
     

Weather Risk Index

Richmond Virginia
Weather Risk 98 97
Earthquake Risk 65 48
Hail Index 28 43
Hurricane Index 125 138
Tornado Index 80 54
Wind Index 50 74
     

Environmental Quality Index

Richmond Virginia
Air Pollution Index 94 89
Ozone Index 113 106
Carbon Monoxide Index 83 87
Lead Index 42 59
NO2 Index 132 99
Particulate Matter Index 98 94
     
  
Data on community demographics, schools and recent sales provided by Onboard Informatics.
Copyright © 2009 Onboard Informatics Information is deemed reliable but not guaranteed.

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