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23227

Richmond, VA

Total Population

25,758

Median Household Income

$63,114

Median Home Value

$306,900

Median Rent

$1,211

Quick Facts & Insights

Key metrics and how they compare

Household Income

$63,114

100.1% above state median

Home Value

$306,900

100.5% above state median

Rent

$1,211

100% above state median

Median Age

43.9 years

Data Sources & Accuracy

U.S. Census Bureau:Population, age, income, education, employment, and housing characteristics are from the American Community Survey (ACS) 5-Year Estimates (2018–2022 release).

Zillow (ZHVI):Typical home values reflect the Zillow Home Value Index (smoothed, seasonally adjusted), published monthly.

Estimates carry a margin of error and describe the ZIP-code area as a whole, not any individual property or block. See our methodology and data sources for details, or report a problem on our corrections page.

Location Map

Richmond, VA 23227

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Demographics Overview

Population statistics from the U.S. Census Bureau (ACS 5-year estimates)

Key Demographic Insightsfor Richmond, VA

Median household income is 100% below state average, suggesting more affordable cost of living.

High education levels with 44.9% holding bachelor's degrees or higher, well above national average of 33%.

Unemployment rate of 6.7% is above national average, indicating economic challenges.

Insights are derived from US Census Bureau data and may not reflect recent changes.

Household Income Distribution

Local Median Income

$63,114

-16.0% vs US

vs State Median

+-100.1%

State: $-59,265,508

Income Distribution

30.8%

Under $50k

18.5%

Over $100k

Lower Income

Middle Income

Higher Income

Data from US Census Bureau ACS 5-Year Estimates

Age Distribution

Population by age group

Household Income Breakdown

Households by income bracket

Education Levels (Age 25+)

Highest education attained

Race & Ethnicity

Demographic composition

Households & Employment

Household Types

Family composition breakdown

Average Household Size: 2.09 people

Total Households

11,997

Family Households

33.0%

Employment by Industry

Where residents work

#1 Industry

Finance

28.5%

#2 Industry

Education

27.3%

#3 Industry

Arts,

12.3%

Total Employed Residents:6,459

Commute Patterns

How residents get to work

Short Commute

1.9%

Under 10 minutes

Long Commute

1.1%

Over 60 minutes

Work From Home

1.4%

152 workers

Public Transit

2.0%

214 workers

Total Commuting Workers:10,867

Commute Insights

Labor Force Statistics

Employment Rate

93.3%

13,136 employed

Labor Force

14,208

946 unemployed

Median Age

43.9 years

Per Capita Income

$44,033

Poverty Rate

12.4%

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