Home / Select Cities  /  2024 Comparing Richmond, VA vs. Key West, FL

2024 Compare Cities Economy:
Richmond, VA vs Key West, FL

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Highlights
- Household income in Key West, is 38% more than it is in Richmond and is 9% above the National Average.
- Richmond unemployment rate is 7.1%.
- Key West unemployment rate is 3.2%.

Economy
 Richmond, VAKey West, FLUnited States
 Unemployment Rate7.1%3.2%6.0%
 Recent Job Growth1.8%-7.2%1.6%
 Future Job Growth37.1%14.9%33.5%
 Sales Taxes5.3%7.5%6.2%
 Income Taxes5.8%0.0%4.6%
 Income per Cap.$38,132$51,786$37,638
 Household Income$54,795$75,638$69,021
 Family Median Income$72,604$83,360$85,028
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 Est. Households By Income
 Richmond, VAKey West, FLUnited States
 Income Less Than 15K14.1%6.7%9.4%
 Income between 15K and 20K5.4%3.1%3.8%
 Income between 20K and 30K9.1%6.5%8.1%
 Income between 30K and 40K9.6%7.1%8.0%
 Income between 40K and 50K8.6%6.6%7.6%
 Income between 50K and 60K8.1%10.6%7.2%
 Income between 60K and 75K9.3%9.4%9.6%
 Income between 75K and 100K11.3%14.0%12.8%
 Income between 100K and 150K11.7%14.7%16.3%
 Income between 150K and 200K5.2%8.4%7.8%
 Income greater than 200K7.5%13.0%9.5%
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 Population By Occupation
 Richmond, VAKey West, FLUnited States
 Management, business, finance16.7%15.7%16.4%
 Engineering, computers, science7.1%2.8%6.5%
 Community, social services2.7%1.4%1.8%
 Legal1.9%0.7%1.2%
 Education, library6.9%4.5%6.2%
 Arts, design, media, sports, entertainment3.2%3.0%2.0%
 Healthcare practitioners and technology6.1%3.6%6.2%
 Healthcare support3.2%2.4%3.3%
 Firefighters, law enforcement2.7%2.2%2.1%
 Food preparation, serving6.9%12.4%5.4%
 Building maintenance4.0%5.7%3.6%
 Personal care3.1%4.2%2.6%
 Sales, office, administrative support19.1%21.8%20.9%
 Farming, fishing, forestry0.2%0.5%0.6%
 Construction, extraction, maintenance/repair6.0%12.3%8.1%
 Production, transportation, material moving10.2%6.7%13.1%

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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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Reviews for Key West    7 Reviews

I was raised in Key West since 1980, these average cost prices for rent that you are seeing were not even accurate then, let alone now in 2021. The average cost of  More

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Over 8 years ago

Like the  More

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I have lived in Key West for the last seven years. During that time, I have observed very little change in the cost of living. I work for a national company that pays  More

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ZIPS IN RICHMOND, VIRGINIA
23223, 23225, 23224, 23220, 23227, 23222, 23226, 23221, 23230, 23219, 11 total
ZIPS IN KEY WEST, FLORIDA
33040

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