2025 Compare Cities Economy:
Richmond, VA vs Boone, NC

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Highlights
- Household income in Boone, is 55% less than it is in Richmond and is 179% below the National Average.
- Richmond unemployment rate is 7.1%.
- Boone unemployment rate is 3.4%.
 Richmond, VABoone, NCUnited States
 Unemployment Rate  Unlock3.4%6.0%
 Recent Job Growth  Unlock1.7%1.6%
 Future Job Growth37.1%  Unlock33.5%
 Sales Taxes5.3%  Unlock6.2%
 Income Taxes  Unlock5.3%4.6%
 Income per Cap.$38,132  Unlock$37,638
 Household Income  Unlock$24,756$69,021
 Family Median Income$72,604  Unlock$85,028
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 Est. Households By Income
 Richmond, VABoone, NCUnited States
 Income Less Than 15K  Unlock36.0%9.4%
 Income between 15K and 20K5.4%  Unlock3.8%
 Income between 20K and 30K  Unlock14.5%8.1%
 Income between 30K and 40K9.6%  Unlock8.0%
 Income between 40K and 50K  Unlock7.4%7.6%
 Income between 50K and 60K8.1%  Unlock7.2%
 Income between 60K and 75K  Unlock8.9%9.6%
 Income between 75K and 100K11.3%  Unlock12.8%
 Income between 100K and 150K  Unlock5.2%16.3%
 Income between 150K and 200K5.2%  Unlock7.8%
 Income greater than 200K  Unlock1.3%9.5%
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 Population By Occupation
 Richmond, VABoone, NCUnited States
 Management, business, finance16.7%  Unlock16.4%
 Engineering, computers, science  Unlock2.9%6.5%
 Community, social services2.7%  Unlock1.8%
 Legal  Unlock0.5%1.2%
 Education, library6.9%  Unlock6.2%
 Arts, design, media, sports, entertainment  Unlock1.5%2.0%
 Healthcare practitioners and technology6.1%  Unlock6.2%
 Healthcare support  Unlock2.0%3.3%
 Firefighters, law enforcement2.7%  Unlock2.1%
 Food preparation, serving  Unlock18.3%5.4%
 Building maintenance4.0%  Unlock3.6%
 Personal care  Unlock6.5%2.6%
 Sales, office, administrative support19.1%  Unlock20.9%
 Farming, fishing, forestry  Unlock0.1%0.6%
 Construction, extraction, maintenance/repair6.0%  Unlock8.1%
 Production, transportation, material moving  Unlock4.9%13.1%
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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Reviews for Boone    15 Reviews

Not sure where they got the rents from. Maybe not updated as there is nowhere to rent in Boone. Unless a student and they are paying $1000+ for 1 bedroom/bath shared  More

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Over 11 years ago

Boone and the High Country's climate is unique to North Carolina and the Southeast. It's cool summers and snowy winters are much more comparable to places much farther  More

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The area is beautiful - living in the Blue Ridge Mountains is gorgeous. But .. the views don't pay the bills. Housing is overpriced. You are better off living  More

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