2025 Compare Cities Economy:
Portsmouth, NH vs Richmond, VA

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Highlights
- Household income in Richmond, is 40% less than it is in Portsmouth and is 26% below the National Average.
- Portsmouth unemployment rate is 2.8%.
- Richmond unemployment rate is 7.1%.
 Portsmouth, NHRichmond, VAUnited States
 Unemployment Rate  Unlock7.1%6.0%
 Recent Job Growth  Unlock1.8%1.6%
 Future Job Growth38.2%  Unlock33.5%
 Sales Taxes0.0%  Unlock6.2%
 Income Taxes  Unlock5.8%4.6%
 Income per Cap.$62,756  Unlock$37,638
 Household Income  Unlock$54,795$69,021
 Family Median Income$124,789  Unlock$85,028
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 Est. Households By Income
 Portsmouth, NHRichmond, VAUnited States
 Income Less Than 15K  Unlock14.1%9.4%
 Income between 15K and 20K3.4%  Unlock3.8%
 Income between 20K and 30K  Unlock9.1%8.1%
 Income between 30K and 40K4.1%  Unlock8.0%
 Income between 40K and 50K  Unlock8.6%7.6%
 Income between 50K and 60K4.7%  Unlock7.2%
 Income between 60K and 75K  Unlock9.3%9.6%
 Income between 75K and 100K15.1%  Unlock12.8%
 Income between 100K and 150K  Unlock11.7%16.3%
 Income between 150K and 200K8.7%  Unlock7.8%
 Income greater than 200K  Unlock7.5%9.5%
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 Population By Occupation
 Portsmouth, NHRichmond, VAUnited States
 Management, business, finance24.0%  Unlock16.4%
 Engineering, computers, science  Unlock7.1%6.5%
 Community, social services1.3%  Unlock1.8%
 Legal  Unlock1.9%1.2%
 Education, library7.4%  Unlock6.2%
 Arts, design, media, sports, entertainment  Unlock3.2%2.0%
 Healthcare practitioners and technology5.5%  Unlock6.2%
 Healthcare support  Unlock3.2%3.3%
 Firefighters, law enforcement1.7%  Unlock2.1%
 Food preparation, serving  Unlock6.9%5.4%
 Building maintenance1.7%  Unlock3.6%
 Personal care  Unlock3.1%2.6%
 Sales, office, administrative support24.1%  Unlock20.9%
 Farming, fishing, forestry  Unlock0.2%0.6%
 Construction, extraction, maintenance/repair2.9%  Unlock8.1%
 Production, transportation, material moving  Unlock10.2%13.1%
Reviews for Portsmouth    7 Reviews

Over 15 years ago

I was up in Portsmouth a couple years ago visiting from Florida. I loved how I was able to prk the car, get out and have numerous bars/restaurants, clothing stores, etc  More

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Over 16 years ago

Portsmouth is full of history, art, interesting shops, restaurants and the best  More

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Over 18 years ago

Portsmouth is a beautiful historic town settled right on the seacoast. Excellent restaurants, great cafes and shops, and picturesque streets make this a wonderful city  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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