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CENSUS TRACT

Census Tract 102.01

Virginia · Richmond · 2,061 residents · 0.489 sq mi
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2005.02200620072008.012008.022008.052008.06102.02103104.02105106108109111402.02405407408501102.01
TRACT SHAPE · Richmond, VA
The short version

Census Tract 102.01 is wealthier than most US places, with a median household income of $106,850. Population has fallen 19% since 2020, a loss of 473 residents. 69% of adults hold a bachelor's degree or higher, well above the national rate of 36%. Median home value has risen by half since 2020, reaching $484,800. With a median age of 46.9, the population is older than the US median of 38.9. Households here earn about 65% more than the Richmond median.

At a glance
Wealthier
above the US median
US median: $82,259
Older
median age 46.9
US median: 38.9
More educated
69% hold a bachelor's degree
US average: 36%
Less affordable
home values up 40%, inflation adjusted
US median home: $376,019
Section 01

Population & growth

Total population
2,061
−19%since 2020
from 2,534 in 2020
2020 – 2024
Population density
4,215 / sq mi
−19%since 2020
from 5,182 / sq mi in 2020
US average: 281
Median age
46.9
+14%since 2020
from 41.2 in 2020
US average: 38.9
Population, 20202024
2K2K2K2K3K20202024Census Tract 102.01
20242K
20202024
Section 02

Income & economy

Median household income
$106,850
+39%inflation adjusted, since 2020
from $63,254 in 2020
US average: $82,259
2020 – 2024
Per capita income
$61,485
+37%since 2020
from $44,860 in 2020
US average: $44,673
Households earning $100K+
56.8%
+16.0 ptssince 2020
from 40.8% in 2020
US average: 53.3%
Poverty rate
5.6%
−1.4 ptssince 2020
from 7.0% in 2020
US average: 12.5%
Income inequality (Gini)
0.432
−14%since 2020
from 0.502 in 2020
US average: 0.476
Workforce by industry, 2024
Other services24.6%
US avg: 6.7%
Public administration21.4%
US avg: 4.8%
Information13.2%
US avg: 10.8%
Retail trade6.6%
US avg: 9.9%
Finance & insurance2.3%
US avg: 5.9%
Wholesale trade2%
US avg: 6.9%
Professional, scientific, technical1.7%
US avg: 5.1%
Arts, entertainment, food1.2%
US avg: 1.9%
Education & health services0.6%
US avg: 0.9%
Transportation & warehousing0.3%
US avg: 2.2%
Agriculture, forestry, fishing0%
US avg: 1.6%
Construction0%
US avg: 1.2%
Manufacturing0%
US avg: 0.4%
BARS: THIS PLACE · TICKS: US AVERAGE
Section 03

Housing

Median home value
$484,800
+40%inflation adjusted, since 2020
from $286,500 in 2020
US average: $376,019
2020 – 2024
Median gross rent
$1,447
+28%inflation adjusted, since 2020
from $936 in 2020
US average: $1,442
Owner-occupied
70.6%
+3.7 ptssince 2020
from 66.8% in 2020
29.4% rent
Vacancy rate
12.6%
+8.5 ptssince 2020
from 4.1% in 2020
US average: 10.0%
Owner cost-burdened
14.0%
−3.8 ptssince 2020
from 17.9% in 2020
US average: 22.9%
Renter cost-burdened
80.1%
+27.7 ptssince 2020
from 52.3% in 2020
US average: 47.4%
Afford Score
4.5
Unchangedsince 2020
from 4.5 in 2020
2020 – 2024
RELATED:See current rent listings in Census Tract 102.01 on RentDataNow
Section 04

Race & ethnicity

2020
White, non-Hispanic65.2%(1,653)
Black31.3%(793)
Hispanic / Latino0%(0)
Asian1.8%(45)
Other1.7%(43)
Diversity Score59.5%(1,508)
2024
White, non-Hispanic73%(1,505)
Black17.8%(367)
Hispanic / Latino3.3%(68)
Asian0.3%(7)
Other5.5%(114)
Diversity Score53.9%(1,110)
Diversity Score
54
−9%since 2020
from 59 in 2020
2020 – 2024
Section 05

Education

Bachelor's degree or higher
69.5%
+16.5 ptssince 2020
from 53.0% in 2020
US average: 35.6%
High school or higher
92.3%
+4.1 ptssince 2020
from 88.2% in 2020
US average: 89.6%
Graduate degree
26.1%
+5.7 ptssince 2020
from 20.4% in 2020
US average: 14.0%
Section 06

Commute & transportation

Average commute
15.4 min
−2%since 2020
from 15.8 min in 2020
US average: 26.5
Drive alone to work
54.3%
−4.4 ptssince 2020
from 58.8% in 2020
US average: 68.9%
Carpooled to work
7.0%
−4.3 ptssince 2020
from 11.3% in 2020
US average: 8.5%
Public transit
0.0%
−7.6 ptssince 2020
from 7.6% in 2020
US average: 3.2%
Worked from home
34.5%
+15.6 ptssince 2020
from 18.9% in 2020
US average: 15.0%
Walked to work
3.2%
+3.2 ptssince 2020
from 0.0% in 2020
US average: 2.4%
Biked to work
0.7%
+0.7 ptssince 2020
from 0.0% in 2020
US average: 0.4%
No vehicle available
8.2%
−9.0 ptssince 2020
from 17.2% in 2020
US average: 8.3%
Section 07

Work & employment

Unemployment rate
6.0%
−0.5 ptssince 2020
from 6.6% in 2020
US average: 5.2%
Labor force participation
71.1%
−0.2 ptssince 2020
from 71.3% in 2020
US average: 63.5%
Self-employed
12.2%
+3.7 ptssince 2020
from 8.5% in 2020
US average: 13.1%
Management & professional
67.5%
+27.3 ptssince 2020
from 40.2% in 2020
US average: 42.5%
Section 08

People & community

Male
48.7%
+9.1 ptssince 2020
from 39.7% in 2020
Female
51.3%
−9.1 ptssince 2020
from 60.3% in 2020
Foreign born
2.4%
−9.2 ptssince 2020
from 11.6% in 2020
US average: 14.1%
Veterans
4.8%
+1.2 ptssince 2020
from 3.6% in 2020
US average: 6.2%
With a disability
16.1%
+2.7 ptssince 2020
from 13.4% in 2020
US average: 13.3%
Uninsured
0.4%
−6.5 ptssince 2020
from 6.9% in 2020
US average: 8.4%
Broadband at home
99.2%
+13.6 ptssince 2020
from 85.6% in 2020
US average: 91.0%
English only at home
95.6%
+3.9 ptssince 2020
from 91.7% in 2020
US average: 77.7%
Spanish at home
3.4%
+3.4 ptssince 2020
from 0.0% in 2020
US average: 13.6%
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Frequently asked

How many people live in this census tract?

this census tract has about 2,061 residents according to the 2024 American Community Survey.

What is the median household income in this census tract?

The typical household in this census tract earns about $106,850 a year. Half of households make more than that, and half make less.

Is this census tract expensive?

In this census tract, the median home is worth about $484,800, and the typical rent is about $1,447 a month.

How educated are people in this census tract?

About 69.5% of adults age 25 and over in this census tract hold a bachelor's degree or higher.

What is the poverty rate in this census tract?

About 5.6% of people in this census tract live below the federal poverty line.

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

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