Moving to Richmond, VA

A complete guide to the metro

Should you move to Richmond, VA?

Richmond, VA is home to 1,314,434 residents. Over the past decade, Richmond has seen an increase in population of 1%, making it #75 out of 392 US Metros in population growth.

The primary occupations in Richmond, VA are Management, business, science, and arts occupations, followed by Sales and office occupations, earning a median revenue of $46,179. The median household income in Richmond, VA is $74,151, ranking it #74.

Taking household income and the median home price of $149,900 into consideration, Richmond, VA received a home affordability grade of A.

Who is Richmond, VA for?

Based on the aged population, plus factors like weather and affordability, Richmond is Not great for retirees. Families are 62.8% of households, which is one consideration for why this Metro is okay for families —  C grade — and great for singles — scoring a B.

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How Does Richmond Rank?

D
Retirement
B
Diversity
B
Professionals
C
Raising a Family
A
Affordable Living

Who Lives in Richmond?

Discover more about the people who make up the Metro

Total Population

1,314,434

10-Year Change

1%

B
Diversity Grade
White alone
56.2%
Black or African American alone
28.4%
American Indian and Alaska Native alone
0.4%
Asian alone
4.1%
Native Hawaiian and Other Pacific Islander alone
0.2%
Hispanic or Latino
7.1%

Total Households

521,067

Per Household

2.47

Men vs. Women
Female 51.6%
D
Retirement
C
Raising a Family
Under 5 years
5.6%
Under 18 years
21.4%
Over 65 years
16.6%

How does Richmond compare?

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Housing in Richmond

Buying or renting? Here’s more about real estate in the Metro

Total Households

Own vs. Rent

Own 63.3%
Rent 36.7%

Typical Age of Homes

1980 to 1999

Common Residence Type

single-family homes

Median Home Price (Q1 2023)

$149,900

Median Square Footage

2,097

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Monthly Mortgage (Median)

$1,609

Annual Property Taxes (Median)

$2,200

Moving advice

Increase your odds of a quick sale, earning more money, or saving your rental deposit by . A study by HomeLight found home sellers who invest in cleaners earned $3,700 more.

Cost of Living in Virginia

How Does Virginia Compare?

29
in Cost of Living
18
in Minimum Wage
43
in Living Wage

Virginia State Taxes

Don't forget!

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Renter’s insurance protects you, your guests, and your things. Lemonade offers renters insurance plans for as low as $5 per month.

Should you move to Virginia?

Virginia, the Old Dominion State, is a place of deep history, diverse landscapes, and thriving tech and defense sectors. Known for its role in the birth of America, its beaches, mountains, and urban centers, Virginia offers a lifestyle that can suit just about anyone.

Virginia’s economy is strong, bolstered by sectors such as defense, technology, and agriculture. Its major cities, like Richmond, Virginia Beach, and Arlington, offer unique vibes from the modern and sophisticated to the coastal and laid-back.

Living in Virginia provides a range of experiences. From exploring the historic landmarks of Jamestown and Colonial Williamsburg, lounging on the sands of Virginia Beach, hiking in the Blue Ridge Mountains, or enjoying the vibrant food scene in Richmond, Virginia shines in its variety. Education is top-notch, with highly ranked public schools and respected universities like the University of Virginia and Virginia Tech.

If you’re looking for a state that offers a blend of history, natural beauty, and economic opportunities, Virginia could be your perfect fit. Just be prepared for varying climates across the state and a deep-seated love for college sports!

Need some help with your move?

Moving labor can be hired by the hour, helping you budget for the heavy stuff or your entire move.

Richmond Economy

The industries, jobs, and economics of the Metro

Median Household Income

$74,151

US Average $74,580

Per Capita Income

$40,687

How does Richmond compare?

Primary Occupations

Management, business, science, and arts occupations

Secondary Occupations

Sales and office occupations

Is Richmond Safe?

How much crime is in the Metro?

Total Crimes (2022)

63529

Crime Rate

Per 100,000 residents

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