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Economy in Richmond Metro Area, Virginia

Overview, People, Health, Economy, Housing, Rankings, Climate, Crime
Education, Comments, Transportation, Cost of Living, Religion, Voting

EconomyRichmond, VAUnited States
Unemployment Rate5.00%6.30%
Recent Job Growth3.73%1.18%
Future Job Growth42.50%36.10%
Sales Taxes5.30%6.00%
Income Taxes5.75%4.72%
Income per Cap.$30,304$28,051
Household Income$58,577$53,046
Family Median Income$73,232$64,585
ESTIMATED HOUSEHOLDS BY HOUSEHOLD INCOME
Income Less Than 15K10.21%12.61%
Income between 15K and 20K4.13%5.33%
Income between 20K and 30K9.19%10.57%
Income between 30K and 40K9.61%9.90%
Income between 40K and 50K9.40%8.95%
Income between 50K and 60K8.54%8.08%
Income between 60K and 75K10.34%10.09%
Income between 75K and 100K13.62%12.25%
Income between 100K and 150K14.69%12.82%
Income between 150K and 200K5.44%4.78%
Income greater than 200K4.83%4.64%
POPULATION BY OCCUPATION
Management, business, finance16.80%14.36%
Engineering, computers, science5.68%5.24%
Community, social services1.82%1.66%
Legal1.26%1.17%
Education, library6.22%6.10%
Arts, design, media, sports, entertainment1.55%1.88%
Healthcare practitioners and technology5.90%5.49%
Healthcare support2.23%2.47%
Firefighters, law enforcement2.57%2.24%
Food preparation, serving5.01%5.61%
Building maintenance3.52%3.97%
Personal care2.99%3.54%
Sales, office, administrative support25.83%24.89%
Farming, fishing, forestry0.30%0.73%
Construction, extraction, maintenance/repair8.60%8.56%
Production, transportation, material moving9.73%12.10%

The unemployment rate in Richmond Metro Area, VA, is 5.00%, with job growth of 3.73%. Future job growth over the next ten years is predicted to be 42.50%.

Richmond Metro Area, VA Taxes

Richmond Metro Area, VA,sales tax rate is 5.30%. Income tax is 5.75%.

Richmond Metro Area, VA Income and Salaries

The income per capita is $30,304, which includes all adults and children. The median household income is $58,577.


Richmond Economy SperlingViews

re: Great place to raise a family - 4/2/2012: Richmond is not 5 hours from NYC, Try 7 hours. And I don't think Richmonders are cold at all. People in Richmond are very friendly people , but some people mistake older... (read more)Have an opinion about Richmond? Leave a commentTo See All SperlingViews for Richmond Click Here