The city of Richmond, VA (zip code 23226) is an ideal place to live with many local businesses and services. The average two bedroom rent is $1,730 which is significantly higher than the average two bedroom rent in the US, which is $1,430. Additionally, the grocery cost index in Richmond is 102 versus 100 in the US which means consumers in Richmond can expect to pay more for groceries than the national average. Some popular local businesses include The Flying Squirrels AAA baseball team, The Camel Company Café and Music Hall, and Quirk Hotel. Furthermore, there are plenty of convenient services such as Richmond Public Library branches offering a variety of reading materials and activities for adults and children alike; several award-winning spas; fine dining options ranging from Italian to Mexican; and even a movie theatre located downtown!
Richmond (zip 23226) has an unemployment rate of 7.1%. The US average is 6.0%.
Richmond (zip 23226) 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 23226)
- The Sales Tax Rate for Richmond (zip 23226) is 5.3%. The US average is 7.3%.
- The Income Tax Rate for Richmond (zip 23226) 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 23226)
- The average income of a Richmond (zip 23226) resident is $78,807 a year. The US average is $37,638 a year.
- The Median household income of a Richmond (zip 23226) resident is $116,382 a year. The US average is $69,021 a year.