Affordability
What it costs
Median income: $52,000. Median rent: $1,250. Median home price: $290,000.
- Median rent: $1,250/mo
- Median home price: $290,000
- Median household income: $52,000
- Rent-to-income: 29% of annual income
City guide · Virginia
Richmond, VA
Richmond, VA city guide. Population is 226,610. Median household income is $52,000. Median rent is $1,250.
Key numbers
Population226,610
Median income$52,000
Median rent / mo$1,250
Median home price$290,000
State income tax5.75%
Sunny days / year205
Climate
Everyday feel
Average high: 68°F. Average low: 47°F. Annual rainfall: 44 inches. Sunny days: 205.
- Average high: 68°F
- Average low: 47°F
- Annual rainfall: 44 inches
- Sunny days/year: 205
Taxes
State & local
State tax rate: 5.75%. Local tax rate: 6%.
- State income tax: 5.75%
- Local tax rate: 6.00%
Compare
How does Richmond compare?
See Richmond side by side with another city on rent, income, taxes, and weather.
Related cities
Keep exploring
Nearby places
Useful local places around Richmond
This section pulls live nearby place data from map/open-data sources using the city coordinates so visitors can quickly see practical local options beyond just statistics.
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Frequently asked questions about Richmond
What is the cost of living in Richmond, VA?
Median income: $52,000. Median rent: $1,250. Median home price: $290,000.
Does Virginia have a state income tax?
State tax rate: 5.75%. Local tax rate: 6%.
What is the weather like in Richmond?
Average high: 68°F. Average low: 47°F. Annual rainfall: 44 inches. Sunny days: 205.
Is Richmond a good place to live?
Richmond, VA city guide. Population is 226,610. Median household income is $52,000. Median rent is $1,250.