City profile
Richmond, VA
A city transforming its complex history into a vibrant future with strong Black culture, arts, and walkable neighborhoods.
Climate
Climate type
Mild & temperate
Winter avg
38°F
Summer avg
79°F
Sunny days / yr
211
Home prices & cost of living
Median home price
$330,000
Typical monthly housing
$1,850
Cost of living (100 = U.S.)
98
Taxes
- Property tax
- 1.20%
- State income tax (top)
- 5.75%
- Social Security
- Not taxed
- Pensions
- Partly exempt
- Sales tax (state + avg. local)
- 5.77%
FEMA natural hazard risk
Relatively Low · county score 78/100
Top hazards: Earthquake, Heat wave, Riverine flooding
Nearest major airport
7 mi to Richmond International Airport (RIC)
Political lean (2024 county vote)
Leans Democratic · 83% Democratic / 15% Republican
Demographics (Census ACS)
Population (2024)
229,359
Growth since 2019
+1.2%
Median age
34.7
Residents 65+
14.4%
Median household income
$64,587
Income growth since 2019
+36.7%
Black household income
$42,369
Home ownership
43.5%
Poverty rate
18.2%
Poverty rate, 65+
15.4%
Race & ethnicity: Black 40.6% · White 41.4% · Hispanic 10.7% · Asian 2.1% · Other 5.3%
Crime (per 100,000 residents, 2025)
Violent crime
442 · 34% above the national average
Property crime
3,350 · 116% above the national average
Source: FBI Crime Data Explorer, Richmond Police Department. State average: violent 211, property 1,395.
2025–2026 trends
2026 market trends
- ▸Climate/cost risks to check: coastal flooding (Tidewater)
Highlights
- Strong Black cultural community
- Virginia Union University (HBCU)
- Walkable neighborhoods
- Rich historical significance
Trade-offs
- Complex racial history
- Some areas less safe
- Hot humid summers
- Higher property taxes
Figures are estimates from public sources (see How we match). Verify before making decisions.