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

2024 Compare Cities Housing:
New Bedford, MA vs Richmond, VA

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Highlights
- The median age of a home in New Bedford is 8.6% younger than the median age of a home in Richmond.

Housing
 New Bedford, MARichmond, VAUnited States
 Median Home Age586342
 Median Home Cost$371,700$327,100$338,100
 Home Appr. Last 12 months12.9%15.2%16.6%
 Home Appr. Last 5 yrs.52.9%57.5%57.0%
 Home Appr. Last 10 yrs.82.8%93.9%101.1%
 Property Tax Rate$14.6$9.5$11.0
 Homes Owned36.6%38.9%57.4%
 Housing Vacant6.5%10.3%11.2%
 Homes Rented57.0%50.8%31.4%
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 Avg Rent For Home Or Apartment
 New Bedford, MARichmond, VAUnited States
 Average Rent$1,520$1,680$1,840
 Studio Apartment$900$1,140$1,080
 1 Bedroom Home or Apartment$1,000$1,170$1,180
 2 Bedroom Home or Apartment$1,250$1,320$1,430
 3 Bedroom Home or Apartment$1,540$1,710$1,860
 4 Bedroom Home or Apartment$1,800$2,080$2,160
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 Vacant Housing
 New Bedford, MARichmond, VAUnited States
 Vacant For Rent2.1%2.9%1.9%
 Vacant Rented0.0%1.3%0.4%
 Vacant For Sale0.7%0.6%0.7%
 Vacant Sold0.2%0.6%0.4%
 Vacant Vacation0.4%0.3%3.6%
 Vacant Other3.1%4.6%4.1%
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 Owner-Occupied Housing Value
 New Bedford, MARichmond, VAUnited States
 Less Than $20,0001.3%1.1%2.6%
 $20,000 to $39,9990.9%0.4%2.4%
 $40,000 to $59,9990.4%0.9%2.8%
 $60,000 to $79,9990.5%2.9%3.9%
 $80,000 to $99,9991.3%4.2%4.5%
 $100,000 to $149,9993.4%11.4%11.3%
 $150,000 to $199,99915.0%15.1%13.0%
 $200,000 to $299,99947.6%21.0%20.1%
 $300,000 to $399,99921.5%16.5%13.6%
 $400,000 to $499,9994.9%8.6%8.3%
 $500,000 to $749,9991.6%10.3%9.7%
 $750,000 to $999,9991.0%3.9%3.9%
 $1,000,000 to $1,499,9990.1%2.3%2.2%
 $1,500,000 to $1,999,9990.0%0.7%0.8%
 $2,000,000 and over0.3%0.8%1.1%
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 Housing Units By Year Built
 New Bedford, MARichmond, VAUnited States
 2015 and Newer0.1%0.1%0.2%
 2010 to 20143.5%5.3%13.6%
 2000 to 20093.5%5.3%13.6%
 1990 to 19994.4%5.8%13.6%
 1980 to 19895.6%7.1%13.2%
 1970 to 19798.0%9.9%14.8%
 1960 to 19694.4%5.8%13.6%
 1950 to 195910.5%14.7%10.0%
 1940 to 19496.9%9.1%4.7%
 1939 or Earlier51.8%29.6%12.2%

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Reviews for New Bedford    5 Reviews

Grew up here, returned here to assist family after lining/working South of Boston, San Diego, then North of Boston respectively. Outside of the quaint/Historic Downtown  More

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Over 12 years ago

Cold  More

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Over 14 years ago

While unemployment is always a problem here, this city is no worse than any other old Northeastern city. Yes, we do have crime and bad areas, just as any other city  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 NEW BEDFORD, MASSACHUSETTS
02740 02745 02746 02744
ZIPS IN RICHMOND, VIRGINIA
23223, 23225, 23224, 23220, 23227, 23222, 23226, 23221, 23230, 23219, 11 total

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