With 5,311 people, Commerce Road Industrial Area is a neighborhood in Richmond. 37% of homes are owner-occupied. 11% of adults hold a bachelor's degree, below the 36% national rate. Median home value sits at $135,868. 22.8% of locals live below the federal poverty line. The median age is 34.9, younger than the US median of 38.9. These figures are approximated by combining the 2 census tracts that make up Commerce Road Industrial Area; the Census Bureau does not tabulate data for neighborhoods directly.
At a glance
Lower income
below the US median
US median: $82,259
Younger
median age 34.9
US median: 38.9
Less educated
11% hold a bachelor's degree
US average: 36%
Renter-heavy
37% owner-occupied
US average: 65%
Section 01
Population & growth
Total population
5,311
Population density
1,409 / sq mi
US average: 281
Median age
34.9
US average: 38.9
Land area
3.77 sq mi
Section 02
Income & economy
Median household income
$53,497
US average: $82,259
Per capita income
$26,824
US average: $44,673
Households earning $100K+
27.6%
US average: 53.3%
Poverty rate
22.8%
US average: 12.5%
Income inequality (Gini)
0.513
US average: 0.476
Workforce by industry, 2024
Wholesale trade18.9%
US avg: 6.9%
Retail trade12.4%
US avg: 9.9%
Information10.2%
US avg: 10.8%
Other services5.5%
US avg: 6.7%
Public administration5.5%
US avg: 4.8%
Finance & insurance4.5%
US avg: 5.9%
Professional, scientific, technical3.3%
US avg: 5.1%
Education & health services1.2%
US avg: 0.9%
Transportation & warehousing0.8%
US avg: 2.2%
Agriculture, forestry, fishing0%
US avg: 1.6%
Construction0%
US avg: 1.2%
Manufacturing0%
US avg: 0.4%
Arts, entertainment, food0%
US avg: 1.9%
BAR + DOT: THIS PLACE · TICK: US AVERAGE
Section 03
Housing
Median home value
$135,868
US average: $376,019
Median gross rent
$1,197
US average: $1,442
Owner-occupied
36.6%
63.4% rent
Vacancy rate
13.7%
US average: 10.0%
Persons per household
3.09 people
US average: 2.54
Owner cost-burdened
17.5%
US average: 22.9%
Renter cost-burdened
37.2%
US average: 47.4%
Afford Score
2.5
Years of local income it takes to buy a local home, on a scale of about 0 to 15. Lower is more affordable.
Section 04
Race & ethnicity
2024
White, non-Hispanic10.1%(535)
Black49.9%(2,651)
Hispanic / Latino37.4%(1,987)
Asian2.1%(111)
Other0.5%(27)
2024
White, non-Hispanic10.1%(535)
Black49.9%(2,651)
Hispanic / Latino37.4%(1,987)
Asian2.1%(111)
Other0.5%(27)
Diversity Score
75
Our index, 0 to 100. Higher means a more even mix of racial and ethnic groups.
How many people live in Commerce Road Industrial Area, Richmond, Virginia?
Commerce Road Industrial Area, Richmond, Virginia has about 5,311 residents according to the 2024 American Community Survey.
What is the median household income in Commerce Road Industrial Area, Richmond, Virginia?
The typical household in Commerce Road Industrial Area, Richmond, Virginia earns about $53,497 a year. Half of households make more than that, and half make less.
Is Commerce Road Industrial Area, Richmond, Virginia expensive?
In Commerce Road Industrial Area, Richmond, Virginia, the median home is worth about $135,868, and the typical rent is about $1,197 a month.
How educated are people in Commerce Road Industrial Area, Richmond, Virginia?
About 11.2% of adults age 25 and over in Commerce Road Industrial Area, Richmond, Virginia hold a bachelor's degree or higher.
What is the poverty rate in Commerce Road Industrial Area, Richmond, Virginia?
About 22.8% of people in Commerce Road Industrial Area, Richmond, Virginia live below the federal poverty line.
