EconPulse

place

Richmond city, Virginia

VA · population 229,359 · GEOID 5167000

No score yet. It is computed when the file is built.

Median gross rent is better than the national figure.

U.S. Census Bureau · American Community Survey 5-Year · B01003 · 2020-2024 · pulled 2026-10-31

data 2026.10 · built 2026-10-31 · pulled 2026-10-31

Population

229,359

2.63% of Virginia · 229,359 of 8,705,170

Receipt U.S. Census Bureau · American Community Survey 5-Year · B01003 · 2020-2024 · pulled 2026-10-31

Unemployment (Richmond County)

4.1%

+0.1 pts above the United States

2024-012026-09

This placeUnited States

Table, 32 periods
Unemployment (Richmond County), against United States
PeriodThis placeUnited StatesMargin
2024-014.3%4.1%—
2024-024.2%4.2%—
2024-034.0%3.9%—
2024-043.5%3.5%—
2024-053.5%3.7%—
2024-063.7%4.3%—
2024-073.9%4.5%—
2024-084.0%4.4%—
2024-093.5%3.9%—
2024-103.7%3.9%—
2024-114.0%4.0%—
2024-123.7%3.8%—
2025-014.8%4.4%—
2025-024.9%4.5%—
2025-034.4%4.2%—
2025-043.6%3.9%—
2025-053.8%4.0%—
2025-063.7%4.4%—
2025-073.7%4.6%—
2025-083.8%4.5%—
2025-093.3%4.3%—
2025-114.1%4.3%—
2025-123.6%4.1%—
2026-014.3%4.7%—
2026-024.8%4.7%—
2026-034.3%4.3%—
2026-044.1%4.0%—
2026-054.1%4.1%—
2026-064.4%4.4%—
2026-074.4%4.4%—
2026-084.1%4.3%—
2026-094.1%4.0%—

Receipt U.S. Bureau of Labor Statistics · Local Area Unemployment Statistics · LAUCN511590000000003 · 2026-09 · pulled 2026-10-31

Median gross rent

$1,372

better than the United States

This place $1,372
Virginia $1,579
United States $1,413

Receipt U.S. Census Bureau · American Community Survey 5-Year · B25064 · 2020-2024 · pulled 2026-10-31

Output (Richmond County)

$396.2M

+5.7% vs 2023

20162024
Table, 9 periods
Output (Richmond County)
PeriodOutput (Richmond County)Margin
2016$260.9M—
2017$260.3M—
2018$283.8M—
2019$285.3M—
2020$309.7M—
2021$332.0M—
2022$346.6M—
2023$374.8M—
2024$396.2M—

Virginia $761.7B · this place is 0.05% of the state

This measure has no national series.

Receipt U.S. Bureau of Economic Analysis · BEA Regional, CAGDP2 · CAGDP2-1 · 2024 · pulled 2026-10-31

Federal obligations (Richmond County)

$5.6M

−18.7% vs FY2025

FY2021FY2026
Table, 6 periods
Federal obligations (Richmond County)
PeriodFederal obligations (Richmond County)Margin
FY2021$1.7M—
FY2022$3.2M—
FY2023$5.8M—
FY2024$5.0M—
FY2025$6.8M—
FY2026$5.6M—

This measure has no state or national series.

Receipt USAspending.gov · Federal award obligations by county · spending_by_geography · FY2026 · pulled 2026-10-31

More about this place

Median age 34.7 U.S. Census Bureau · 2020-2024
Bachelor's degree or higher 45.6% U.S. Census Bureau · 2020-2024
Poverty rate 18.2% U.S. Census Bureau · 2020-2024
Labor force participation 68.3% U.S. Census Bureau · 2020-2024
Median home value $353,000 U.S. Census Bureau · 2020-2024
Median household income $64,587 U.S. Census Bureau · 2020-2024
Unemployment rate, five-year average 5.7% U.S. Census Bureau · 2020-2024
Consumer price index (United States) 336 U.S. Bureau of Labor Statistics · 2026-09-01
30-year fixed mortgage rate (United States) 7.2% Freddie Mac · 2026-10-29
Share of Virginia 2.63% U.S. Census Bureau · 2020-2024