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2024 Compare Cities Economy:
Somerville, MA vs Richmond, VA

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Highlights
- Household income in Richmond, is 50% less than it is in Somerville and is 26% below the National Average.
- Somerville unemployment rate is 4.4%.
- Richmond unemployment rate is 7.1%.

Economy
 Somerville, MARichmond, VAUnited States
 Unemployment Rate4.4%7.1%6.0%
 Recent Job Growth4.3%1.8%1.6%
 Future Job Growth44.6%37.1%33.5%
 Sales Taxes6.3%5.3%6.2%
 Income Taxes5.1%5.8%4.6%
 Income per Cap.$58,437$38,132$37,638
 Household Income$108,896$54,795$69,021
 Family Median Income$119,739$72,604$85,028
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 Est. Households By Income
 Somerville, MARichmond, VAUnited States
 Income Less Than 15K7.9%14.1%9.4%
 Income between 15K and 20K2.9%5.4%3.8%
 Income between 20K and 30K4.2%9.1%8.1%
 Income between 30K and 40K3.2%9.6%8.0%
 Income between 40K and 50K3.9%8.6%7.6%
 Income between 50K and 60K5.1%8.1%7.2%
 Income between 60K and 75K6.5%9.3%9.6%
 Income between 75K and 100K11.7%11.3%12.8%
 Income between 100K and 150K20.1%11.7%16.3%
 Income between 150K and 200K14.6%5.2%7.8%
 Income greater than 200K19.8%7.5%9.5%
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 Population By Occupation
 Somerville, MARichmond, VAUnited States
 Management, business, finance22.2%16.7%16.4%
 Engineering, computers, science21.2%7.1%6.5%
 Community, social services2.3%2.7%1.8%
 Legal1.7%1.9%1.2%
 Education, library9.9%6.9%6.2%
 Arts, design, media, sports, entertainment4.6%3.2%2.0%
 Healthcare practitioners and technology5.4%6.1%6.2%
 Healthcare support1.3%3.2%3.3%
 Firefighters, law enforcement0.9%2.7%2.1%
 Food preparation, serving3.6%6.9%5.4%
 Building maintenance3.1%4.0%3.6%
 Personal care2.5%3.1%2.6%
 Sales, office, administrative support13.5%19.1%20.9%
 Farming, fishing, forestry0.0%0.2%0.6%
 Construction, extraction, maintenance/repair3.2%6.0%8.1%
 Production, transportation, material moving4.7%10.2%13.1%

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Reviews for Somerville    3 Reviews

I've lived in Somerville/Cambridge for 10 years, the last 4.5 with my husband in Spring Hill. It really is a great place to live if you are in your 20s & 30s: it is  More

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Living in Somerville is OK. I'm not a 'city' person and I would rather be out in the country some place, but it's not too bad here. I'm in my early 50s and own a house.  More

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Over 16 years ago

we are midwest transplants to the Boston area and lucked out by finding this great little neighborhood - right on the train line, little stores and good community - we  More

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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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ZIPS IN SOMERVILLE, MASSACHUSETTS
02143 02145 02144
ZIPS IN RICHMOND, VIRGINIA
23223, 23225, 23224, 23220, 23227, 23222, 23226, 23221, 23230, 23219, 11 total

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