Richmond Metro Area, Virginia
Metro Area Overview
As of 2007, Richmond Metro Area's population is 1,194,008 people. Since 2000, it has had a population growth of 8.85 percent.
The median home cost in Richmond Metro Area is $287,200. Home appreciation the last year has been -0.25 percent.
Compared to the rest of the country, Richmond Metro Area's cost of living is 5.28% Lower than the U.S. average.
Richmond Metro Area public schools spend $5,561 per student. The average school expenditure in the U.S. is $6,058. There are about 14 students per teacher in Richmond Metro Area.
The unemployment rate in Richmond Metro Area is 2.90 percent(U.S. avg. is 4.60%). Recent job growth is Positive. Richmond Metro Area jobs have Increased by 1.96 percent.
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People
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Economy
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| Unemployment Rate | 2.90% | 4.60% |
| Recent Job Growth | 1.96% | 1.40% |
| Future Job Growth | 24.26% | 11.90% |
| Sales Taxes | 5.00% | 6.00% |
| Income Taxes | 5.75% | 5.02% |
| Income per Cap. | $26,773 | $24,020 |
| Household Income | $52,960 | $44,684 |
| ESTIMATED HOUSEHOLDS BY HOUSEHOLD INCOME | | |
| Income Less Than 15K | 11.09% | 13.64% |
| Income between 15K and 25K | 9.76% | 11.21% |
| Income between 25K and 35K | 11.38% | 11.46% |
| Income between 35K and 50K | 16.09% | 15.84% |
| Income between 50K and 75K | 20.77% | 19.28% |
| Income between 75K and 100K | 12.99% | 11.53% |
| Income between 100K and 150K | 11.76% | 10.70% |
| Income between 150K and 250K | 4.40% | 4.43% |
| Income between 250K and 500K | 1.24% | 1.31% |
| Income greater than 500K | 0.52% | 0.61% |
| POPULATION BY OCCUPATION | | |
| Management, Business, and Financial Operations | 15.54% | 13.61% |
| Professional and Related Occupations | 20.49% | 20.24% |
| Service | 13.15% | 14.75% |
| Sales and Office | 28.53% | 26.74% |
| Farming, Fishing, and Forestry | 0.30% | 0.74% |
| Construction, Extraction, and Maintenance | 9.55% | 9.48% |
| Production, Transportation, and Material Moving | 12.43% | 14.44% |
Housing
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| Median Home Age | 28 | 27 |
| Median Home Cost | $287,200 | $217,200 |
| Home Appreciation | -0.25% | 9.80% |
| Homes Owned | 64.97% | 64.07% |
| Housing Vacant | 6.01% | 14.48% |
| Homes Rented | 28.49% | 21.45% |
| Property Tax Rate | $9.96 | $13.28 |
| OWNER-OCCUPIED HOUSING UNITS BY VALUE | | |
| Less Than $20,000 | 1.53% | 3.01% |
| $20,000 to $39,999 | 1.33% | 4.37% |
| $40,000 to $59,999 | 2.69% | 5.74% |
| $60,000 to $79,999 | 4.78% | 7.07% |
| $80,000 to $99,999 | 9.26% | 8.41% |
| $100,000 to $149,999 | 28.87% | 19.74% |
| $150,000 to $199,999 | 20.72% | 14.06% |
| $200,000 to $299,999 | 18.29% | 16.59% |
| $300,000 to $399,999 | 6.79% | 8.21% |
| $400,000 to $499,999 | 2.28% | 4.53% |
| $500,000 to $749,999 | 2.24% | 4.75% |
| $1,000,000 or more | 0.55% | 1.86% |
| HOUSING UNITS BY YEAR STRUCTURE BUILT | | |
| 1999 to October 2005 | 10.68% | 10.15% |
| 1995 to 1998 | 7.24% | 6.69% |
| 1990 to 1994 | 8.39% | 6.70% |
| 1980 to 1989 | 18.09% | 14.75% |
| 1970 to 1979 | 17.65% | 17.11% |
| 1960 to 1969 | 12.49% | 12.78% |
| 1950 to 1959 | 10.60% | 11.64% |
| 1940 to 1949 | 5.76% | 6.64% |
| 1939 or Earlier | 9.11% | 13.55% |
Health
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Crime
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Climate
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Educate
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Transportation
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Cost of Living
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Religion
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| Percent Religious | 42.53% | 50.03% |
| Catholic | 5.35% | 21.92% |
| Protestant | 31.91% | 19.12% |
| LDS | 0.68% | 1.57% |
| Baptist | 17.28% | 8.16% |
| Episcopalian | 2.44% | 8.12% |
| Pentecostal | 2.09% | 1.89% |
| Lutheran | 0.82% | 2.81% |
| Methodist | 6.67% | 3.84% |
| Presbyterian | 2.62% | 1.33% |
| Other Christian | 3.03% | 4.66% |
| Jewish | 1.29% | 2.16% |
| Eastern | 0.03% | 0.05% |
| Islam | 0.24% | 0.54% |
Voting
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