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2024 Compare Cities Economy:
Albany, OR vs Richmond, VA

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Highlights
- Household income in Richmond, is 16% less than it is in Albany and is 26% below the National Average.
- Albany unemployment rate is 6.5%.
- Richmond unemployment rate is 7.1%.

Economy
 Albany, ORRichmond, VAUnited States
 Unemployment Rate6.5%7.1%6.0%
 Recent Job Growth1.2%1.8%1.6%
 Future Job Growth40.8%37.1%33.5%
 Sales Taxes0.0%5.3%6.2%
 Income Taxes9.0%5.8%4.6%
 Income per Cap.$29,895$38,132$37,638
 Household Income$65,587$54,795$69,021
 Family Median Income$78,731$72,604$85,028
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 Est. Households By Income
 Albany, ORRichmond, VAUnited States
 Income Less Than 15K6.7%14.1%9.4%
 Income between 15K and 20K3.6%5.4%3.8%
 Income between 20K and 30K8.6%9.1%8.1%
 Income between 30K and 40K9.0%9.6%8.0%
 Income between 40K and 50K10.0%8.6%7.6%
 Income between 50K and 60K7.4%8.1%7.2%
 Income between 60K and 75K11.1%9.3%9.6%
 Income between 75K and 100K15.5%11.3%12.8%
 Income between 100K and 150K17.6%11.7%16.3%
 Income between 150K and 200K6.9%5.2%7.8%
 Income greater than 200K3.4%7.5%9.5%
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 Population By Occupation
 Albany, ORRichmond, VAUnited States
 Management, business, finance11.6%16.7%16.4%
 Engineering, computers, science6.9%7.1%6.5%
 Community, social services2.4%2.7%1.8%
 Legal0.4%1.9%1.2%
 Education, library5.1%6.9%6.2%
 Arts, design, media, sports, entertainment1.7%3.2%2.0%
 Healthcare practitioners and technology6.2%6.1%6.2%
 Healthcare support4.4%3.2%3.3%
 Firefighters, law enforcement1.1%2.7%2.1%
 Food preparation, serving7.2%6.9%5.4%
 Building maintenance2.9%4.0%3.6%
 Personal care2.9%3.1%2.6%
 Sales, office, administrative support22.7%19.1%20.9%
 Farming, fishing, forestry1.1%0.2%0.6%
 Construction, extraction, maintenance/repair8.9%6.0%8.1%
 Production, transportation, material moving14.6%10.2%13.1%

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Reviews for Albany    25 Reviews

Over 1 years ago

I only lived in Albany 1 year. But I found the weather to be quite Mild. The Housing more affordable than Corvallis. I was shocked to find that nearby Corvallis gets  More

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I've been living in Albany about 4.5 years. Moved up from Southern California to escape high home prices and the cost of living and clogged freeways. Now it's not sunny  More

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Over 3 years ago

Ten months and ongoing in Albany, from the SF Bay Area. Much less crime here, much quieter here, more courteous and sane drivers here by far. We have been able to  More

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Reviews for Richmond    109 Reviews

Over 2 years ago

Lived here for a year and it’s not perfect but it’s constantly improving now (areas redevloped, more businesses, job growth). Cost of living is great compared to  More

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Over 3 years ago

We love Richmond so much that when we talk about where we'd like to live if we could live anywhere in the US, we always come back to RVA. We live in the city proper  More

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Over 3 years ago

I'm an out-of-towner but am coming up on 1 year in Richmond. I would summarize it this way: the best thing and the worst thing about Richmond is its location. I'll  More

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ZIPS IN ALBANY, OREGON
97322 97321
ZIPS IN RICHMOND, VIRGINIA
23223, 23225, 23224, 23220, 23227, 23222, 23226, 23221, 23230, 23219, 11 total

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