2025 Compare Cities Economy:
Cedar Falls, IA vs Richmond, VA

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Highlights
- Household income in Richmond, is 18% less than it is in Cedar Falls and is 26% below the National Average.
- Cedar Falls unemployment rate is 3.3%.
- Richmond unemployment rate is 7.1%.
 Cedar Falls, IARichmond, VAUnited States
 Unemployment Rate  Unlock7.1%6.0%
 Recent Job Growth  Unlock1.8%1.6%
 Future Job Growth24.5%  Unlock33.5%
 Sales Taxes7.0%  Unlock6.2%
 Income Taxes  Unlock5.8%4.6%
 Income per Cap.$36,338  Unlock$37,638
 Household Income  Unlock$54,795$69,021
 Family Median Income$99,672  Unlock$85,028
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 Est. Households By Income
 Cedar Falls, IARichmond, VAUnited States
 Income Less Than 15K  Unlock14.1%9.4%
 Income between 15K and 20K2.3%  Unlock3.8%
 Income between 20K and 30K  Unlock9.1%8.1%
 Income between 30K and 40K9.3%  Unlock8.0%
 Income between 40K and 50K  Unlock8.6%7.6%
 Income between 50K and 60K6.8%  Unlock7.2%
 Income between 60K and 75K  Unlock9.3%9.6%
 Income between 75K and 100K13.0%  Unlock12.8%
 Income between 100K and 150K  Unlock11.7%16.3%
 Income between 150K and 200K5.3%  Unlock7.8%
 Income greater than 200K  Unlock7.5%9.5%
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 Population By Occupation
 Cedar Falls, IARichmond, VAUnited States
 Management, business, finance14.2%  Unlock16.4%
 Engineering, computers, science  Unlock7.1%6.5%
 Community, social services1.5%  Unlock1.8%
 Legal  Unlock1.9%1.2%
 Education, library9.2%  Unlock6.2%
 Arts, design, media, sports, entertainment  Unlock3.2%2.0%
 Healthcare practitioners and technology7.2%  Unlock6.2%
 Healthcare support  Unlock3.2%3.3%
 Firefighters, law enforcement1.0%  Unlock2.1%
 Food preparation, serving  Unlock6.9%5.4%
 Building maintenance2.2%  Unlock3.6%
 Personal care  Unlock3.1%2.6%
 Sales, office, administrative support20.6%  Unlock20.9%
 Farming, fishing, forestry  Unlock0.2%0.6%
 Construction, extraction, maintenance/repair4.7%  Unlock8.1%
 Production, transportation, material moving  Unlock10.2%13.1%
Reviews for Cedar Falls    7 Reviews

Over 8 years ago

I lived in Cedar Falls while attending the University of Northern Iowa. It's a great college town. Main street is nice and there are plenty of restaurants to choose  More

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Over 12 years ago

We've lived in Cedar Falls since moving here from the great chicago land area in 2006. The school system in Cedar Falls and in Iowa in general if VERY strong.   More

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When I was preparing to moved to Cedar Falls, IA I was repeatedly met with the remark "IOWA!, what's there? corn?" But apart from the bitter winters, tornadoes, and  More

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Reviews for Richmond    109 Reviews

Over 3 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 4 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 4 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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