2025 Compare Cities Economy:
Springfield, MA vs Richmond, VA

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Highlights
- Household income in Richmond, is 27% more than it is in Springfield and is 26% below the National Average.
- Springfield unemployment rate is 11.2%.
- Richmond unemployment rate is 7.1%.
 Springfield, MARichmond, VAUnited States
 Unemployment Rate  Unlock7.1%6.0%
 Recent Job Growth  Unlock1.8%1.6%
 Future Job Growth31.7%  Unlock33.5%
 Sales Taxes6.3%  Unlock6.2%
 Income Taxes  Unlock5.8%4.6%
 Income per Cap.$23,161  Unlock$37,638
 Household Income  Unlock$54,795$69,021
 Family Median Income$54,646  Unlock$85,028
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 Est. Households By Income
 Springfield, MARichmond, VAUnited States
 Income Less Than 15K  Unlock14.1%9.4%
 Income between 15K and 20K6.6%  Unlock3.8%
 Income between 20K and 30K  Unlock9.1%8.1%
 Income between 30K and 40K9.9%  Unlock8.0%
 Income between 40K and 50K  Unlock8.6%7.6%
 Income between 50K and 60K6.6%  Unlock7.2%
 Income between 60K and 75K  Unlock9.3%9.6%
 Income between 75K and 100K11.0%  Unlock12.8%
 Income between 100K and 150K  Unlock11.7%16.3%
 Income between 150K and 200K4.1%  Unlock7.8%
 Income greater than 200K  Unlock7.5%9.5%
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 Population By Occupation
 Springfield, MARichmond, VAUnited States
 Management, business, finance8.8%  Unlock16.4%
 Engineering, computers, science  Unlock7.1%6.5%
 Community, social services4.4%  Unlock1.8%
 Legal  Unlock1.9%1.2%
 Education, library5.2%  Unlock6.2%
 Arts, design, media, sports, entertainment  Unlock3.2%2.0%
 Healthcare practitioners and technology5.2%  Unlock6.2%
 Healthcare support  Unlock3.2%3.3%
 Firefighters, law enforcement2.4%  Unlock2.1%
 Food preparation, serving  Unlock6.9%5.4%
 Building maintenance3.9%  Unlock3.6%
 Personal care  Unlock3.1%2.6%
 Sales, office, administrative support19.1%  Unlock20.9%
 Farming, fishing, forestry  Unlock0.2%0.6%
 Construction, extraction, maintenance/repair5.9%  Unlock8.1%
 Production, transportation, material moving  Unlock10.2%13.1%
Reviews for Springfield    15 Reviews

Over 6 years ago

Springfield is experiencing a rejeuvenation. Does the city have issues? Of course, what medium-sized city doesn't? During the past year, a new $1 billion MGM  More

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This city has a bad rep that is unwarranted. I just bought a terrific little house in a quiet and friendly neighborhood. Everywhere I go in this town, people are  More

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Over 11 years ago

I just moved to Springfield almost a year now. I moved there because I know the housing stock there is plentiful. It's also very affordable. The most affordable place to  More

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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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