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2024 Compare Cities Economy:
Taos, NM vs Richmond, VA

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Highlights
- Household income in Richmond, is 48% more than it is in Taos and is 26% below the National Average.
- Taos unemployment rate is 10.5%.
- Richmond unemployment rate is 7.1%.

Economy
 Taos, NMRichmond, VAUnited States
 Unemployment Rate10.5%7.1%6.0%
 Recent Job Growth2.6%1.8%1.6%
 Future Job Growth30.2%37.1%33.5%
 Sales Taxes8.5%5.3%6.2%
 Income Taxes4.9%5.8%4.6%
 Income per Cap.$32,466$38,132$37,638
 Household Income$37,083$54,795$69,021
 Family Median Income$42,984$72,604$85,028
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 Est. Households By Income
 Taos, NMRichmond, VAUnited States
 Income Less Than 15K18.4%14.1%9.4%
 Income between 15K and 20K8.2%5.4%3.8%
 Income between 20K and 30K18.4%9.1%8.1%
 Income between 30K and 40K8.0%9.6%8.0%
 Income between 40K and 50K6.7%8.6%7.6%
 Income between 50K and 60K7.7%8.1%7.2%
 Income between 60K and 75K6.8%9.3%9.6%
 Income between 75K and 100K4.1%11.3%12.8%
 Income between 100K and 150K12.2%11.7%16.3%
 Income between 150K and 200K2.4%5.2%7.8%
 Income greater than 200K7.1%7.5%9.5%
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 Population By Occupation
 Taos, NMRichmond, VAUnited States
 Management, business, finance9.8%16.7%16.4%
 Engineering, computers, science3.0%7.1%6.5%
 Community, social services6.8%2.7%1.8%
 Legal1.2%1.9%1.2%
 Education, library15.7%6.9%6.2%
 Arts, design, media, sports, entertainment3.0%3.2%2.0%
 Healthcare practitioners and technology9.8%6.1%6.2%
 Healthcare support7.1%3.2%3.3%
 Firefighters, law enforcement1.2%2.7%2.1%
 Food preparation, serving8.9%6.9%5.4%
 Building maintenance4.0%4.0%3.6%
 Personal care0.5%3.1%2.6%
 Sales, office, administrative support13.8%19.1%20.9%
 Farming, fishing, forestry0.2%0.2%0.6%
 Construction, extraction, maintenance/repair13.8%6.0%8.1%
 Production, transportation, material moving1.3%10.2%13.1%

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Reviews for Taos    6 Reviews

I’ve traveled to many places in my lifetime. New Mexico is a favorite. Typically we stay in The Inn of The Governor’s in Santa Fe. (It’s an awesome place.) This  More

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Over 15 years ago

Taos is beautiful with much to offer. However, housing is very expensive. Because much of the town's economy focuses on tourism, there are few jobs available in other  More

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Over 15 years ago

Taos has a diverse culture which has helped create a diverse art market with over 100 galleries and studios. From traditional native arts to contemporary, Taos has it  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 TAOS, NEW MEXICO
87571
ZIPS IN RICHMOND, VIRGINIA
23223, 23225, 23224, 23220, 23227, 23222, 23226, 23221, 23230, 23219, 11 total

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