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NEIGHBORHOOD

Commerce Road Industrial Area

Virginia · Richmond · 5,311 residents · 3.769 sq mi
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The short version

Commerce Road Industrial Area has notably lower household income than the US average, with a median household income of $53,497. Population has held roughly steady since 2024. 11% of adults hold a bachelor's degree or higher, below the national rate of 36%. Median home value is $135,868. At a median age of 34.9, residents skew younger than the country as a whole. 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
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%
BARS: THIS PLACE · TICKS: 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%
Owner cost-burdened
17.5%
US average: 22.9%
Renter cost-burdened
37.2%
US average: 47.4%
Afford Score
2.5
RELATED:See current rent listings in Commerce Road Industrial Area on RentDataNow
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)
Diversity Score75%(3,985)
2024
White, non-Hispanic10.1%(535)
Black49.9%(2,651)
Hispanic / Latino37.4%(1,987)
Asian2.1%(111)
Other0.5%(27)
Diversity Score75%(3,985)
Diversity Score
75
Section 05

Education

Bachelor's degree or higher
11.2%
US average: 35.6%
High school or higher
73.5%
US average: 89.6%
Graduate degree
2.7%
US average: 14.0%
Section 06

Commute & transportation

Average commute
26.4 min
US average: 26.5
Drive alone to work
54.6%
US average: 68.9%
Carpooled to work
25.4%
US average: 8.5%
Public transit
11.8%
US average: 3.2%
Worked from home
3.4%
US average: 15.0%
Walked to work
3.7%
US average: 2.4%
Biked to work
0.0%
US average: 0.4%
No vehicle available
20.2%
US average: 8.3%
Section 07

Work & employment

Unemployment rate
4.7%
US average: 5.2%
Labor force participation
64.0%
US average: 63.5%
Self-employed
8.5%
US average: 13.1%
Management & professional
23.5%
US average: 42.5%
Section 08

People & community

Male
50.7%
Female
49.3%
Foreign born
20.7%
US average: 14.1%
Veterans
2.7%
US average: 6.2%
With a disability
17.6%
US average: 13.3%
Uninsured
24.4%
US average: 8.4%
Broadband at home
82.5%
US average: 91.0%
English only at home
61.5%
US average: 77.7%
Spanish at home
34.3%
US average: 13.6%
Explore

Neighborhoods in Richmond

BellevueChurch HillFultonOak GroveThe FanThe Museum DistrictWoodvilleNeighborhoods in Richmond
Drill deeper

Places similar to Commerce Road Industrial Area

Chinatown
Pop 5,287
Old North Sacramento
Pop 5,660
Spring Lake
Pop 5,206
Menlo Park
Pop 6,204
Places similar to Commerce Road Industrial Area
Head to head

Compare Commerce Road Industrial Area side by side

COMMERCE ROAD INDUSTRIAL AREA VS
Chinatown
Income$52,299−2%
Home value$576,702+324%
Population5,287same
SEE FULL COMPARISON →
COMMERCE ROAD INDUSTRIAL AREA VS
Old North Sacramento
Income$50,634−5%
Home value$282,200+108%
Population5,660+7%
SEE FULL COMPARISON →
COMMERCE ROAD INDUSTRIAL AREA VS
Spring Lake
Income$57,932+8%
Home value$169,810+25%
Population5,206−2%
SEE FULL COMPARISON →
COMMERCE ROAD INDUSTRIAL AREA VS
Menlo Park
Income$51,979−3%
Home value$255,540+88%
Population6,204+17%
SEE FULL COMPARISON →
Frequently asked

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.

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Containing area
Richmond

DATA: US CENSUS BUREAU ACS 5-YEAR + DECENNIAL CENSUS · UPDATED 2024

How we source and harmonize this data →