With 1,341,248 people, Richmond is a metro area. Few US metro areas rank higher on income. The population is up 29% since 2000. 41% of adults hold a bachelor's degree or higher. 9% of people across the metro were born outside the United States. Median household income is $89,669, close to the national figure.
At a glance
Wealthier
median household income $89,669, above the US median
US median: $82,259
Mid-age
median age 39.1
US median: 38.9
More educated
41% hold a bachelor's degree
US average: 36%
Less affordable
home values up 73%, inflation adjusted
US median home: $376,019
Unique to this place
What stands out about Richmond
What changed most since 1990
Median home value (2024 dollars)$182,651 → $351,202(+92%)US over the same years: +67%
Among the 12 metro and micro areas based in Virginia
Shares are "alone or in combination": a person with both Medicare and Medicaid counts in each, so categories overlap and do not sum to 100%.
Section 09 · Service history
Veterans
Veterans by period of service, 2024
Gulf War (2001 or later)29.1%(23,515)
US avg: 26.4%
Gulf War (1990s)29.1%(23,453)
US avg: 24.3%
Vietnam era29.3%(23,633)
US avg: 33.1%
Korean War3%(2,443)
US avg: 4.5%
World War II1%(828)
US avg: 1%
Share of the 80,695 veterans here. A veteran who served across eras counts in each, so shares can total more than 100%. Peacetime-only service is included in the total but not shown as an era.
BAR + DOT: THIS PLACE · TICK: US AVERAGE
Over time
Richmond, decade by decade
Richmond population, inflation-adjusted income and home value, education, and diversity by year
Year
Population
Median household income
Median home value
Bachelor's degree+
Diversity score
1990
901,877
$81,044
$182,651
23.3%
47.3
2000
1,040,192
$86,535
$202,749
28.5%
62.5
2010
1,186,501
$86,046
$321,657
31.8%
69.3
2020
1,314,434
$88,872
$298,746
38.0%
76.2
2024
1,341,248
$89,669
$351,202
41.1%
72.1
Census years come from the decennial census and the latest year from the American Community Survey, so part of any change between those two rows can reflect the different surveys. Dollar figures are adjusted for inflation to 2024 dollars; a figure ending in "+" was at the Census Bureau's reporting cap that year. The diversity score runs from 0 to 100; see how it's calculated.