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Economy in Richmond Metro Area, Virginia

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

EconomyRichmond, VAUnited States
Unemployment Rate6.60%8.60%
Recent Job Growth-0.11%0.35%
Future Job Growth33.18%32.10%
Sales Taxes5.00%5.00%
Income Taxes5.75%4.70%
Income per Cap.$30,399$26,154
Household Income$60,644$50,935
ESTIMATED HOUSEHOLDS BY HOUSEHOLD INCOME
Income Less Than 15K8.80%12.37%
Income between 15K and 25K8.05%10.53%
Income between 25K and 35K9.44%10.88%
Income between 35K and 50K14.55%15.37%
Income between 50K and 75K20.54%20.14%
Income between 75K and 100K15.02%12.41%
Income between 100K and 150K14.68%11.27%
Income between 150K and 250K6.40%5.01%
Income between 250K and 500K2.31%1.86%
Income greater than 500K0.21%0.16%
POPULATION BY OCCUPATION
Management, Business, and Financial Operations16.15%14.04%
Professional and Related Occupations20.85%20.61%
Service12.60%14.45%
Sales and Office28.56%26.75%
Farming, Fishing, and Forestry0.29%0.70%
Construction, Extraction, and Maintenance9.57%9.42%
Production, Transportation, and Material Moving11.97%14.05%


Median Household Income

The unemployment rate in Richmond Metro Area, VA, is 6.60%, with job growth of -0.11%. Future job growth over the next ten years is predicted to be 33.18%.

Richmond Metro Area, VA Taxes

Richmond Metro Area, VA,sales tax rate is 5.00%. Income tax is 5.75%.

Richmond Metro Area, VA Income and Salaries

The income per capita is $30,399, which includes all adults and children. The median household income is $60,644.


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