Home / Select Cities  /  2024 Comparing Boston, MA vs. Richmond, VA

2024 Compare Cities Economy:
Boston, MA vs Richmond, VA

Change Cities
Highlights
- Household income in Richmond, is 33% less than it is in Boston and is 26% below the National Average.
- Boston unemployment rate is 6.2%.
- Richmond unemployment rate is 7.1%.

Economy
 Boston, MARichmond, VAUnited States
 Unemployment Rate6.2%7.1%6.0%
 Recent Job Growth4.3%1.8%1.6%
 Future Job Growth42.5%37.1%33.5%
 Sales Taxes6.3%5.3%6.2%
 Income Taxes5.1%5.8%4.6%
 Income per Cap.$50,344$38,132$37,638
 Household Income$81,744$54,795$69,021
 Family Median Income$95,750$72,604$85,028
 space
 Est. Households By Income
 Boston, MARichmond, VAUnited States
 Income Less Than 15K14.9%14.1%9.4%
 Income between 15K and 20K3.6%5.4%3.8%
 Income between 20K and 30K6.4%9.1%8.1%
 Income between 30K and 40K5.2%9.6%8.0%
 Income between 40K and 50K5.2%8.6%7.6%
 Income between 50K and 60K4.9%8.1%7.2%
 Income between 60K and 75K7.0%9.3%9.6%
 Income between 75K and 100K10.5%11.3%12.8%
 Income between 100K and 150K16.1%11.7%16.3%
 Income between 150K and 200K9.8%5.2%7.8%
 Income greater than 200K16.4%7.5%9.5%
 space1
 Population By Occupation
 Boston, MARichmond, VAUnited States
 Management, business, finance21.4%16.7%16.4%
 Engineering, computers, science10.4%7.1%6.5%
 Community, social services2.3%2.7%1.8%
 Legal2.3%1.9%1.2%
 Education, library7.4%6.9%6.2%
 Arts, design, media, sports, entertainment3.0%3.2%2.0%
 Healthcare practitioners and technology7.0%6.1%6.2%
 Healthcare support3.7%3.2%3.3%
 Firefighters, law enforcement2.0%2.7%2.1%
 Food preparation, serving5.7%6.9%5.4%
 Building maintenance3.9%4.0%3.6%
 Personal care2.8%3.1%2.6%
 Sales, office, administrative support18.1%19.1%20.9%
 Farming, fishing, forestry0.1%0.2%0.6%
 Construction, extraction, maintenance/repair3.4%6.0%8.1%
 Production, transportation, material moving6.4%10.2%13.1%

View More Data >

Reviews for Boston    122 Reviews

Over 1 years ago

health care in the country, plenty of jobs, gorgeous architecture, cool neighborhoods, lots of great restaurants, and always something to do. The beautiful coast, the  More

   |    Reply

I've lived in/near Boston my whole life almost. It has many pros such as a big city feel, extremely safe, reliable train transportation, great food. However any pro  More

   |    Reply

I moved to MA from the country of Georgia in eastern Europe. Then traveled quite a bit in the U.S. Boston definitely has its own flavor. Suburbs offer okay schools,  More

   |    Reply

Start Your Review of Boston

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

   |    Reply

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

   |    Reply

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

   |    Reply

Start Your Review of Richmond

 Most Recent Searches On Compare Cities
COMPARE COST OF LIVING
Compare Boston, Massachusetts Cost of Living vs Richmond, Virginia Cost of Living: Taxes, Childcare, Groceries, Health...
Compare Now


ZIPS IN BOSTON, MASSACHUSETTS
02124, 02128, 02135, 02130, 02127, 02125, 02136, 02131, 02115, 02126, 30 total
ZIPS IN RICHMOND, VIRGINIA
23223, 23225, 23224, 23220, 23227, 23222, 23226, 23221, 23230, 23219, 11 total

PREMIUM SUBSCRIPTION

Includes Cost of Living compares for child care, utilities, transportation, health, taxes, housing for home owners vs renters, weather, insurance premiums and so much more.

Try Now