Zip 23219 (Richmond, VA) Economy


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23219 Richmond, VA is a great place to live and work. The two bedroom apartment rent is relatively affordable at $1,320 compared to the national average of $1,430. Grocery costs are also slightly lower than the US index which makes it even more attractive for those looking for an affordable place to live. The area is home to many businesses and organizations including Capital One Financial, Philip Morris USA, Honeywell International, Reynolds American Inc., Altria Group Inc., CarMax Inc., and Genworth Financial. These companies provide employment opportunities and jobs in the area as well as contribute to the local economy.

Richmond (zip 23219) has an unemployment rate of 7.1%. The US average is 6.0%.

Richmond (zip 23219) has seen the job market decrease by -5.6% over the last year. Future job growth over the next ten years is predicted to be 37.1%, which is higher than the US average of 33.5%.

Tax Rates for Richmond (zip 23219)
- The Sales Tax Rate for Richmond (zip 23219) is 5.3%. The US average is 7.3%.
- The Income Tax Rate for Richmond (zip 23219) is 5.8%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.

Income and Salaries for Richmond (zip 23219)
- The average income of a Richmond (zip 23219) resident is $43,841 a year. The US average is $37,638 a year.
- The Median household income of a Richmond (zip 23219) resident is $54,828 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyRichmond, VirginiaUnited States
  7.16
  -5.6%-6.2%
  37.1%33.5%
  5.3%6.2%
  5.8%4.6%
  $43,841$37,638
  $54,828$69,021
  $74,000$85,028
  Population by Occupation
  0.0%1.2%
  0.0%0.5%
  1.1%6.8%
  4.3%10.0%
  0.0%2.5%
  8.1%11.0%
  3.0%4.8%
  1.2%0.8%
  0.7%1.9%
  6.5%4.7%
  4.1%1.9%
  14.8%7.6%
  0.0%0.1%
  4.5%4.2%
  12.9%9.3%
  14.7%14.0%
  1.7%2.1%
  5.0%7.0%
  6.6%4.8%
  10.7%4.7%
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