Last updated: 2024 BLS data · Page refreshed:
Richmond has a population of 37,111 with a median age of 28.4. Here is the racial and ethnic breakdown of the population:
| Demographic | Value |
|---|---|
| Total Population | 37,111 |
| Median Age | 28.4 |
| White | 84.8% |
| Black or African American | 5.8% |
| Asian | 1.4% |
| Hispanic or Latino | 4.2% |
| Other / Two or More Races | 3.8% |
The median household income in Richmond is $50,870, which is 36.9% below the national median of $80,610. The per capita income is $29,276. The poverty rate is 19.5%.
The unemployment rate in Richmond is 5.0%, compared to the national rate of 4.1%.
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In Richmond, 90.1% of residents age 25+ have a high school diploma or higher, and 34.9% hold a bachelor's degree or higher (14.2% with a graduate or professional degree).
| Education Level | % of Adults (25+) |
|---|---|
| High School Diploma or Higher | 90.1% |
| Bachelor's Degree or Higher | 34.9% |
| Graduate or Professional Degree | 14.2% |
The median home value in Richmond is $214,900, below the national median of $303,400. The median monthly rent is $917. The homeownership rate is 38.3%.
| Housing Metric | Value |
|---|---|
| Median Home Value | $214,900 |
| Median Monthly Rent | $917 |
| Homeownership Rate | 38.3% |
| Vacancy Rate | 9.2% |
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