Richmond, VA is an exciting place to live with a wide variety of local companies and amenities. The 2 bedroom rent in Richmond, VA is $1,320 whereas the US average is $1,430. Additionally, the Grocery Cost Index in Richmond is 96 versus 100 in the US. There are many unique businesses to explore in Richmond including Fancypants Bakery, RVA Coffee Co., and Emporium Collectibles. For those looking for some outdoor fun can take a bike ride along the Virginia Capital Trail or spend time at any one of their parks like Kanawha Canal Park or Maymont Park. There's something for everyone in Richmond!
Richmond (zip 23237) has an unemployment rate of 4.8%. The US average is 6.0%.
Richmond (zip 23237) 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 23237)
- The Sales Tax Rate for Richmond (zip 23237) is 5.3%. The US average is 7.3%.
- The Income Tax Rate for Richmond (zip 23237) 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 23237)
- The average income of a Richmond (zip 23237) resident is $27,476 a year. The US average is $37,638 a year.
- The Median household income of a Richmond (zip 23237) resident is $69,174 a year. The US average is $69,021 a year.