Richmond has a population of 34,883 with a median age of 27.7. Here is the racial and ethnic breakdown of the population:
| Demographic | Value |
|---|---|
| Total Population | 34,883 |
| Median Age | 27.7 |
| White | 86.2% |
| Black or African American | 6.1% |
| Asian | 1.2% |
| Hispanic or Latino | 3.4% |
| Other / Two or More Races | 3.1% |
The median household income in Richmond is $45,457, which is 39.5% below the national median of $75,149. The per capita income is $26,787. The poverty rate is 22.2%.
The unemployment rate in Richmond is 7.3%, compared to the national rate of 5.4%.
In Richmond, 89.7% of residents age 25+ have a high school diploma or higher, and 33.9% hold a bachelor's degree or higher (12.8% with a graduate or professional degree).
| Education Level | % of Adults (25+) |
|---|---|
| High School Diploma or Higher | 89.7% |
| Bachelor's Degree or Higher | 33.9% |
| Graduate or Professional Degree | 12.8% |
The median home value in Richmond is $178,100, below the national median of $281,900. The median monthly rent is $832. The homeownership rate is 38.4%.
| Housing Metric | Value |
|---|---|
| Median Home Value | $178,100 |
| Median Monthly Rent | $832 |
| Homeownership Rate | 38.4% |
| Vacancy Rate | 9.1% |
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