Richmond, VA Census Data
The 5th largest city in Virginia by population · 17 cities ranked
Richmond is the 5th largest city in Virginia by population and ranks 13th of 17 for median household income. With 227,595 residents, its poverty rate of 18.8% ranks among the higher rates in Virginia. This snapshot draws from the 2023 American Community Survey (ACS) 5-year estimates.
Updated: 2026-04-13 · Source: U.S. Census Bureau, ACS 2023
Population
227,595
47.5% male · 52.5% female
Median Age
34.5
4.2 below the national average (38.7 yrs)
Median Household Income
$62,671
$15,867 below the national average ($78,538)
Bachelor's Degree or Higher
44.1%
9.1% above the national average (35.0%)
HS diploma or higher: 89.3%
Poverty Rate
18.8%
6.4% above the national average (12.4%)
Uninsured: 9.8%
Broadband Access
93.4%
3.7% above the national average (89.7%)
Median Home Value
$328,100
Median rent: $1,314 · 44% owner-occupied
Unemployment Rate
6.0%
Labor force participation: 64.1%
Per Capita Income
$41,143
Individual average income (not household)
Veteran Population
5.5%
Disability rate: 14.0%
How Richmond Compares to Other Virginia Cities
Rankings among all 17 Virginia cities tracked in the 2023 ACS.
| Ranking | Position | Tier |
|---|---|---|
| Largest by Population | 5th of 17 | Top half |
| Highest Median Income | 13th of 17 | Bottom 25% |
| Lowest Poverty Rate | 15th of 17 | Bottom 25% |
| Highest Bachelor's Attainment | 6th of 17 | Top half |
| Highest Home Value | 10th of 17 | Bottom half |
Demographics
Race & Ethnicity
Age Distribution
Commute to Work
Richmond, VA Frequently Asked Questions
What is the population of Richmond, VA?
The population of Richmond, VA is 227,595 according to the 2023 American Community Survey 5-year estimates. The median age is 34.5 years.
What is the median household income in Richmond?
The median household income in Richmond, VA is $62,671, below the national average of $78,538. Per capita income is $41,143.
What is the poverty rate in Richmond?
The poverty rate in Richmond, VA is 18.8%, compared to the national average of 12.4%. About 9.8% of residents lack health insurance.
What percentage of Richmond residents have a college degree?
44.1% of adults (25+) in Richmond hold a bachelor's degree or higher, and 89.3% have at least a high school diploma. The national average for bachelor's degree holders is 35.0%.
What is the median home value in Richmond?
The median home value in Richmond, VA is $328,100. Median rent is $1,314 per month, with 44% of housing units owner-occupied.
What is the racial makeup of Richmond?
Richmond's population is 43.2% White, 42.0% Black, 10.3% Hispanic or Latino, and 2.1% Asian (source: 2023 ACS).
How does Richmond rank among Virginia cities?
Richmond is the 5th largest city in Virginia by population, the 13th highest for median household income, the 15th lowest for poverty rate, the 6th highest for bachelor's degree attainment among 17 ranked Virginia cities.
What is the unemployment rate in Richmond?
The unemployment rate in Richmond, VA is 6.0%, with a labor force participation rate of 64.1%. Per capita income is $41,143.
Cities Similar to Richmond
Other Virginia cities with comparable population and income levels.