Richmond, VA is a great place to live. It's home to over 230,000 people and is the capital of Virginia. Richmond has an average 2 Bedroom Rent of $1,550 which is slightly higher than the national average of $1,430. The Grocery Cost Index in Richmond is 99 versus 100 in the US. There are several large companies located in the city such as Apple, Dominion Energy, Capital One Financial Corporation, Markel Corporation and Owens & Minor. There are also many small businesses and startups located around Richmond that contribute to its vibrant economy.
Richmond (zip 23236) has an unemployment rate of 4.8%. The US average is 6.0%.
Richmond (zip 23236) 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 37.5%, which is higher than the US average of 33.5%.
Tax Rates for Richmond (zip 23236)
- The Sales Tax Rate for Richmond (zip 23236) is 5.3%. The US average is 7.3%.
- The Income Tax Rate for Richmond (zip 23236) 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 23236)
- The average income of a Richmond (zip 23236) resident is $40,049 a year. The US average is $37,638 a year.
- The Median household income of a Richmond (zip 23236) resident is $88,609 a year. The US average is $69,021 a year.