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2024 Compare Cities Economy:
Fairfax, VA vs Richmond, VA

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Highlights
- Household income in Richmond, is 54% less than it is in Fairfax and is 26% below the National Average.
- Fairfax unemployment rate is 4.3%.
- Richmond unemployment rate is 7.1%.

Economy
 Fairfax, VARichmond, VAUnited States
 Unemployment Rate4.3%7.1%6.0%
 Recent Job Growth2.0%1.8%1.6%
 Future Job Growth39.1%37.1%33.5%
 Sales Taxes6.0%5.3%6.2%
 Income Taxes5.8%5.8%4.6%
 Income per Cap.$57,091$38,132$37,638
 Household Income$118,492$54,795$69,021
 Family Median Income$157,661$72,604$85,028
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 Est. Households By Income
 Fairfax, VARichmond, VAUnited States
 Income Less Than 15K5.3%14.1%9.4%
 Income between 15K and 20K1.8%5.4%3.8%
 Income between 20K and 30K5.4%9.1%8.1%
 Income between 30K and 40K5.1%9.6%8.0%
 Income between 40K and 50K4.9%8.6%7.6%
 Income between 50K and 60K2.9%8.1%7.2%
 Income between 60K and 75K5.1%9.3%9.6%
 Income between 75K and 100K11.7%11.3%12.8%
 Income between 100K and 150K15.5%11.7%16.3%
 Income between 150K and 200K15.4%5.2%7.8%
 Income greater than 200K26.7%7.5%9.5%
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 Population By Occupation
 Fairfax, VARichmond, VAUnited States
 Management, business, finance22.2%16.7%16.4%
 Engineering, computers, science15.2%7.1%6.5%
 Community, social services1.2%2.7%1.8%
 Legal3.5%1.9%1.2%
 Education, library9.0%6.9%6.2%
 Arts, design, media, sports, entertainment2.6%3.2%2.0%
 Healthcare practitioners and technology3.8%6.1%6.2%
 Healthcare support1.7%3.2%3.3%
 Firefighters, law enforcement2.5%2.7%2.1%
 Food preparation, serving6.1%6.9%5.4%
 Building maintenance3.1%4.0%3.6%
 Personal care4.0%3.1%2.6%
 Sales, office, administrative support15.1%19.1%20.9%
 Farming, fishing, forestry0.0%0.2%0.6%
 Construction, extraction, maintenance/repair3.5%6.0%8.1%
 Production, transportation, material moving6.5%10.2%13.1%

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Reviews for Fairfax    28 Reviews

I lived in the area for 17 years through high school until I eventually became a truck driver. Having now seen most states extensively, I wanted to fairly review what  More

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Living in Fairfax, or any of the Northern Virginia suburbs of DC, means dealing with highways that are a Gordian knot of converging lanes and overpasses, making long  More

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Over 9 years ago

The Cost of living here is high. Though the standard of living is also high, unless you're making over 50,000/year, it's difficult to both live and build any sort of  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 FAIRFAX, VIRGINIA
22030
ZIPS IN RICHMOND, VIRGINIA
23223, 23225, 23224, 23220, 23227, 23222, 23226, 23221, 23230, 23219, 11 total

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