2025 Compare Cities Economy:
Richmond, VA vs Lake City, FL

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Highlights
- Household income in Lake City, is 21% less than it is in Richmond and is 59% below the National Average.
- Richmond unemployment rate is 7.1%.
- Lake City unemployment rate is 4.9%.
 Richmond, VALake City, FLUnited States
 Unemployment Rate  Unlock4.9%6.0%
 Recent Job Growth  Unlock0.2%1.6%
 Future Job Growth37.1%  Unlock33.5%
 Sales Taxes5.3%  Unlock6.2%
 Income Taxes  Unlock0.0%4.6%
 Income per Cap.$38,132  Unlock$37,638
 Household Income  Unlock$43,396$69,021
 Family Median Income$72,604  Unlock$85,028
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 Est. Households By Income
 Richmond, VALake City, FLUnited States
 Income Less Than 15K  Unlock19.0%9.4%
 Income between 15K and 20K5.4%  Unlock3.8%
 Income between 20K and 30K  Unlock15.3%8.1%
 Income between 30K and 40K9.6%  Unlock8.0%
 Income between 40K and 50K  Unlock9.2%7.6%
 Income between 50K and 60K8.1%  Unlock7.2%
 Income between 60K and 75K  Unlock9.3%9.6%
 Income between 75K and 100K11.3%  Unlock12.8%
 Income between 100K and 150K  Unlock8.9%16.3%
 Income between 150K and 200K5.2%  Unlock7.8%
 Income greater than 200K  Unlock3.4%9.5%
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 Population By Occupation
 Richmond, VALake City, FLUnited States
 Management, business, finance16.7%  Unlock16.4%
 Engineering, computers, science  Unlock5.9%6.5%
 Community, social services2.7%  Unlock1.8%
 Legal  Unlock0.9%1.2%
 Education, library6.9%  Unlock6.2%
 Arts, design, media, sports, entertainment  Unlock0.8%2.0%
 Healthcare practitioners and technology6.1%  Unlock6.2%
 Healthcare support  Unlock6.1%3.3%
 Firefighters, law enforcement2.7%  Unlock2.1%
 Food preparation, serving  Unlock8.8%5.4%
 Building maintenance4.0%  Unlock3.6%
 Personal care  Unlock3.2%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  Unlock13.3%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 Lake City    6 Reviews

I have been here 7 years and until Covid hit, I thought is was okay despite a large number of Confederate flags. Covid brought the worst in people. I have been  More

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Over 16 years ago

You can always build a place of worship or build Jewish community. The Muslims just build their place of worship here and many Christians have their churches. Why  More

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I have lived all over the country from Missouri, Pennsylvania, and have finally found my niche here in Lake City, Florida. I love it here, and with the church I  More

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