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2024 Compare Cities Economy:
Milwaukee, WI vs Richmond, VA

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Highlights
- Household income in Richmond, is 21% more than it is in Milwaukee and is 26% below the National Average.
- Milwaukee unemployment rate is 7.4%.
- Richmond unemployment rate is 7.1%.

Economy
 Milwaukee, WIRichmond, VAUnited States
 Unemployment Rate7.4%7.1%6.0%
 Recent Job Growth0.3%1.8%1.6%
 Future Job Growth28.3%37.1%33.5%
 Sales Taxes5.6%5.3%6.2%
 Income Taxes6.3%5.8%4.6%
 Income per Cap.$25,564$38,132$37,638
 Household Income$45,318$54,795$69,021
 Family Median Income$52,784$72,604$85,028
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 Est. Households By Income
 Milwaukee, WIRichmond, VAUnited States
 Income Less Than 15K16.5%14.1%9.4%
 Income between 15K and 20K5.2%5.4%3.8%
 Income between 20K and 30K12.4%9.1%8.1%
 Income between 30K and 40K10.6%9.6%8.0%
 Income between 40K and 50K9.5%8.6%7.6%
 Income between 50K and 60K8.2%8.1%7.2%
 Income between 60K and 75K9.6%9.3%9.6%
 Income between 75K and 100K11.6%11.3%12.8%
 Income between 100K and 150K10.5%11.7%16.3%
 Income between 150K and 200K3.2%5.2%7.8%
 Income greater than 200K2.6%7.5%9.5%
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 Population By Occupation
 Milwaukee, WIRichmond, VAUnited States
 Management, business, finance11.7%16.7%16.4%
 Engineering, computers, science5.0%7.1%6.5%
 Community, social services2.1%2.7%1.8%
 Legal0.8%1.9%1.2%
 Education, library5.8%6.9%6.2%
 Arts, design, media, sports, entertainment2.1%3.2%2.0%
 Healthcare practitioners and technology5.2%6.1%6.2%
 Healthcare support6.7%3.2%3.3%
 Firefighters, law enforcement2.0%2.7%2.1%
 Food preparation, serving6.8%6.9%5.4%
 Building maintenance4.2%4.0%3.6%
 Personal care2.6%3.1%2.6%
 Sales, office, administrative support18.7%19.1%20.9%
 Farming, fishing, forestry0.2%0.2%0.6%
 Construction, extraction, maintenance/repair5.9%6.0%8.1%
 Production, transportation, material moving20.1%10.2%13.1%

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Reviews for Milwaukee    110 Reviews

I have lived in Milwaukee for about 5 years. I really like the area, but I also plan on moving away soon. It is a unique city that has its charm though. Here is my  More

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Over 2 years ago

I've gone to Milwaukee many times for vacation, and it is a beautiful city with great lakeside views and beaches, stunning river walks, and of course the delicous cheese  More

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Over 3 years ago

Pretty decent city with some things to offer although crime is on the rise and segregation is out of control by race and income  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 MILWAUKEE, WISCONSIN
53215, 53209, 53218, 53221, 53204, 53207, 53211, 53219, 53216, 53212, 22 total
ZIPS IN RICHMOND, VIRGINIA
23223, 23225, 23224, 23220, 23227, 23222, 23226, 23221, 23230, 23219, 11 total

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