2024 Compare Cities Economy:
Richmond, VA vs Great Falls, MT

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Highlights
- Household income in Great Falls, is 3% less than it is in Richmond and is 30% below the National Average.
- Richmond unemployment rate is 7.1%.
- Great Falls unemployment rate is 4.2%.
 Richmond, VAGreat Falls, MTUnited States
 Unemployment Rate7.1%4.2%6.0%
 Recent Job Growth1.8%-0.4%1.6%
 Future Job Growth37.1%22.3%33.5%
 Sales Taxes5.3%0.0%6.2%
 Income Taxes5.8%6.9%4.6%
 Income per Cap.$38,132$30,765$37,638
 Household Income$54,795$53,126$69,021
 Family Median Income$72,604$71,501$85,028
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 Est. Households By Income
 Richmond, VAGreat Falls, MTUnited States
 Income Less Than 15K14.1%12.7%9.4%
 Income between 15K and 20K5.4%4.2%3.8%
 Income between 20K and 30K9.1%10.5%8.1%
 Income between 30K and 40K9.6%10.5%8.0%
 Income between 40K and 50K8.6%9.8%7.6%
 Income between 50K and 60K8.1%7.6%7.2%
 Income between 60K and 75K9.3%10.6%9.6%
 Income between 75K and 100K11.3%14.0%12.8%
 Income between 100K and 150K11.7%12.9%16.3%
 Income between 150K and 200K5.2%4.6%7.8%
 Income greater than 200K7.5%2.7%9.5%
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 Population By Occupation
 Richmond, VAGreat Falls, MTUnited States
 Management, business, finance16.7%13.6%16.4%
 Engineering, computers, science7.1%3.8%6.5%
 Community, social services2.7%2.1%1.8%
 Legal1.9%0.8%1.2%
 Education, library6.9%5.5%6.2%
 Arts, design, media, sports, entertainment3.2%1.4%2.0%
 Healthcare practitioners and technology6.1%7.3%6.2%
 Healthcare support3.2%4.0%3.3%
 Firefighters, law enforcement2.7%2.0%2.1%
 Food preparation, serving6.9%6.8%5.4%
 Building maintenance4.0%4.5%3.6%
 Personal care3.1%3.1%2.6%
 Sales, office, administrative support19.1%24.3%20.9%
 Farming, fishing, forestry0.2%0.7%0.6%
 Construction, extraction, maintenance/repair6.0%8.4%8.1%
 Production, transportation, material moving10.2%11.8%13.1%
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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Reviews for Great Falls    22 Reviews

Over 2 years ago

I grew up here. The lack of educational opportunities and adequate work opportunities made it extremely difficult to thrive. Upon leaving to the nearest metropolitan  More

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Please do not move to Great Falls if you are a liberal. Don't make a great red place go blue and ruin one of the last best unspoiled country places not yet destroyed by  More

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Over 3 years ago

I lived in Great Falls from 2012-2015 and could not leave fast enough! We lived near the downtown area (which you think would be nice with a $1200/month rent...) where  More

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