2025 Compare Cities Economy:
Richmond, VA vs Virginia Beach, VA

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Highlights
- Household income in Virginia Beach, is 49% more than it is in Richmond and is 16% above the National Average.
- Richmond unemployment rate is 7.1%.
- Virginia Beach unemployment rate is 4.8%.
 Richmond, VAVirginia Beach, VAUnited States
 Unemployment Rate  Unlock4.8%6.0%
 Recent Job Growth  Unlock1.4%1.6%
 Future Job Growth37.1%  Unlock33.5%
 Sales Taxes5.3%  Unlock6.2%
 Income Taxes  Unlock5.8%4.6%
 Income per Cap.$38,132  Unlock$37,638
 Household Income  Unlock$81,810$69,021
 Family Median Income$72,604  Unlock$85,028
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 Est. Households By Income
 Richmond, VAVirginia Beach, VAUnited States
 Income Less Than 15K  Unlock5.6%9.4%
 Income between 15K and 20K5.4%  Unlock3.8%
 Income between 20K and 30K  Unlock6.0%8.1%
 Income between 30K and 40K9.6%  Unlock8.0%
 Income between 40K and 50K  Unlock7.6%7.6%
 Income between 50K and 60K8.1%  Unlock7.2%
 Income between 60K and 75K  Unlock10.5%9.6%
 Income between 75K and 100K11.3%  Unlock12.8%
 Income between 100K and 150K  Unlock20.9%16.3%
 Income between 150K and 200K5.2%  Unlock7.8%
 Income greater than 200K  Unlock9.4%9.5%
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 Population By Occupation
 Richmond, VAVirginia Beach, VAUnited States
 Management, business, finance16.7%  Unlock16.4%
 Engineering, computers, science  Unlock8.0%6.5%
 Community, social services2.7%  Unlock1.8%
 Legal  Unlock1.1%1.2%
 Education, library6.9%  Unlock6.2%
 Arts, design, media, sports, entertainment  Unlock1.8%2.0%
 Healthcare practitioners and technology6.1%  Unlock6.2%
 Healthcare support  Unlock2.5%3.3%
 Firefighters, law enforcement2.7%  Unlock2.1%
 Food preparation, serving  Unlock6.3%5.4%
 Building maintenance4.0%  Unlock3.6%
 Personal care  Unlock3.1%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  Unlock9.5%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 Virginia Beach    95 Reviews

Over 4 years ago

If you lived here prior to 2005, your experience in Virginia Beach is likely between good and wonderful. There are still pros to living here. Other reviews have  More

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Over 6 years ago

I lived in the Hampton Roads area for 11 years while I was in the Navy. It was a bit of a culture shock, since I grew up in a small rural town in Maine with 900 people.  More

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Over 7 years ago

I lived in the Kempsville area of VB growing up and loved it. There's no way to be bored when you have so many public and neighborhood parks, libraries, events,  More

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