2026 Compare Cities Economy:
Richmond, VA vs Conway, AR

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Highlights
- Household income in Conway, is 12% less than it is in Richmond and is 43% below the National Average.
- Richmond unemployment rate is 7.1%.
- Conway unemployment rate is 4.2%.
 Richmond, VAConway, ARUnited States
 Unemployment Rate  Unlock4.2%6.0%
 Recent Job Growth  Unlock0.0%1.6%
 Future Job Growth37.1%  Unlock33.5%
 Sales Taxes5.3%  Unlock6.2%
 Income Taxes  Unlock6.9%4.6%
 Income per Cap.$38,132  Unlock$37,638
 Household Income  Unlock$48,104$69,021
 Family Median Income$72,604  Unlock$85,028
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 Est. Households By Income
 Richmond, VAConway, ARUnited States
 Income Less Than 15K  Unlock14.5%9.4%
 Income between 15K and 20K5.4%  Unlock3.8%
 Income between 20K and 30K  Unlock11.7%8.1%
 Income between 30K and 40K9.6%  Unlock8.0%
 Income between 40K and 50K  Unlock7.9%7.6%
 Income between 50K and 60K8.1%  Unlock7.2%
 Income between 60K and 75K  Unlock8.8%9.6%
 Income between 75K and 100K11.3%  Unlock12.8%
 Income between 100K and 150K  Unlock12.6%16.3%
 Income between 150K and 200K5.2%  Unlock7.8%
 Income greater than 200K  Unlock4.3%9.5%
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 Population By Occupation
 Richmond, VAConway, ARUnited States
 Management, business, finance16.7%  Unlock16.4%
 Engineering, computers, science  Unlock4.6%6.5%
 Community, social services2.7%  Unlock1.8%
 Legal  Unlock0.9%1.2%
 Education, library6.9%  Unlock6.2%
 Arts, design, media, sports, entertainment  Unlock1.9%2.0%
 Healthcare practitioners and technology6.1%  Unlock6.2%
 Healthcare support  Unlock3.1%3.3%
 Firefighters, law enforcement2.7%  Unlock2.1%
 Food preparation, serving  Unlock7.3%5.4%
 Building maintenance4.0%  Unlock3.6%
 Personal care  Unlock3.7%2.6%
 Sales, office, administrative support19.1%  Unlock20.9%
 Farming, fishing, forestry  Unlock0.0%0.6%
 Construction, extraction, maintenance/repair6.0%  Unlock8.1%
 Production, transportation, material moving  Unlock10.5%13.1%
Reviews for Richmond    109 Reviews

Over 4 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 5 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 5 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 Conway    13 Reviews

Over 11 years ago

I have been a resident in Conway most of my life. Conway is a nice college town. The humidity can be really intense at times. Summers can be quite miserable with high  More

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We moved to Conway from the Dallas, Texas area in 2010. Housing is more affordable here in Conway due to the dramatically lower real estate taxes. There are many more  More

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It is young - 26.8 median age It is smart - 3 colleges, 36% of the pop has a college degree It is affordable - 86.3 index It is convenient - 30 minutes from LR.  More

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