The median household income in Richmond, VA in 2022 was $58,988, which was 45.6% less than the median annual income of $85,873 across the entire state of Virginia. Compared to the median income of $31,121 in 2000 this represents an increase of 47.2%. The per capita income in 2022 was $41,970, which means an increase of 51.5% compared to 2000 when it was $20,337.
Whole page based on the data from 2000 / 2022 when the population of Richmond, Virginia was 197,790 / 229,395
Income statistics for all residents
Median household income in Richmond, VA in 2022:
Richmond:
$58,988
Virginia:
$85,873
Change in median household income between 2000 and 2022:
Richmond, Virginia:
+89.5%
State:
+84.0%
Number of households with income < $10k:
Richmond:
9.8% (10,440)
State:
4.9% (165,315)
Number of households with income $10k - 20k:
Richmond:
9.7% (10,285)
State:
5.9% (199,380)
Number of households with income $20k - 30k:
Richmond:
7.7% (8,181)
State:
6.0% (202,243)
Number of households with income $30k - 40k:
Richmond:
8.4% (8,940)
Virginia:
6.1% (205,967)
Number of households with income $40k - 50k:
Richmond:
7.4% (7,810)
Virginia:
6.4% (215,648)
Number of households with income $50k - 60k:
Richmond:
7.6% (8,127)
State:
6.2% (210,516)
Number of households with income $60k - 75k:
Richmond:
8.2% (8,756)
State:
8.6% (292,112)
Number of households with income $75k - 100k:
Richmond:
11.7% (12,414)
State:
12.2% (412,198)
Number of households with income $100k - 125k:
Richmond:
7.2% (7,655)
State:
10.3% (348,998)
Number of households with income $125k - 150k:
Richmond:
6.1% (6,473)
State:
7.7% (261,236)
Number of households with income $150k - 200k:
Richmond:
6.9% (7,303)
State:
10.3% (347,282)
Number of households with income > $200k:
Richmond:
9.3% (9,868)
State:
15.4% (519,712)
Aggregate household income in Richmond in 2022: $9,456,954,900
Median family income in Richmond in 2022:
Richmond:
$81,784
State:
$107,101
Number of families with income < $10k:
Richmond:
7.2% (3,190)
State:
2.8% (61,637)
Number of families with income $10k - 20k:
Richmond:
6.4% (2,836)
State:
3.3% (71,807)
Number of families with income $20k - 30k:
Richmond:
5.8% (2,575)
State:
4.0% (87,860)
Number of families with income $30k - 40k:
Richmond:
8.7% (3,878)
Virginia:
4.7% (103,002)
Number of families with income $40k - 50k:
Richmond:
5.0% (2,213)
Virginia:
5.4% (118,579)
Number of families with income $50k - 60k:
Richmond:
5.8% (2,597)
Virginia:
5.5% (120,924)
Number of families with income $60k - 75k:
Richmond:
8.3% (3,684)
State:
8.2% (180,564)
Number of families with income $75k - 100k:
Richmond:
10.9% (4,859)
Virginia:
12.6% (277,221)
Number of families with income $100k - 125k:
Richmond:
7.7% (3,402)
State:
11.3% (248,485)
Number of families with income $125k - 150k:
Richmond:
7.3% (3,230)
State:
9.0% (197,999)
Number of families with income $150k - 200k:
Richmond:
10.5% (4,679)
State:
12.7% (278,323)
Number of families with income > $200k:
Richmond:
16.4% (7,298)
State:
20.3% (445,515)
Median non-family income in Richmond in 2022:
Richmond:
$46,433
State:
$51,436
Change in median non-family income between 2000 and 2022:
Richmond, Virginia:
+91.7%
State:
+73.5%
Median per capita income in Richmond in 2022:
Richmond:
$41,970
Virginia:
$47,199
Change in median per capita income between 2000 and 2022:
Richmond, Virginia:
+106.4%
State:
+96.9%
Income statistics for White residents
Median household income in Richmond, VA in 2022:
Richmond:
$81,904
State:
$91,924
Change in median household income between 2000 and 2022:
Richmond, Virginia:
+101.8%
State:
+81.9%
Number of households with income < $10k:
Richmond:
5.8% (3,240)
State:
4.1% (90,549)
Number of households with income $10k - 20k:
Richmond:
5.4% (2,988)
State:
5.2% (114,324)
Number of households with income $20k - 30k:
Richmond:
5.2% (2,908)
State:
5.7% (125,676)
Number of households with income $30k - 40k:
Richmond:
5.6% (3,143)
State:
5.5% (121,220)
Number of households with income $40k - 50k:
Richmond:
6.3% (3,485)
State:
6.0% (133,011)
Number of households with income $50k - 60k:
Richmond:
8.7% (4,872)
State:
6.2% (136,856)
Number of households with income $60k - 75k:
Richmond:
7.9% (4,429)
State:
8.4% (186,094)
Number of households with income $75k - 100k:
Richmond:
12.9% (7,181)
State:
12.5% (277,077)
Number of households with income $100k - 125k:
Richmond:
10.2% (5,685)
Virginia:
10.8% (237,562)
Number of households with income $125k - 150k:
Richmond:
6.6% (3,692)
State:
8.0% (177,532)
Number of households with income $150k - 200k:
Richmond:
9.2% (5,125)
State:
11.0% (242,106)
Number of households with income > $200k:
Richmond:
16.1% (9,002)
State:
16.6% (366,064)
Aggregate household income in Richmond in 2022: $6,576,740,700
Median family income in Richmond in 2022:
Richmond:
$148,851
State:
$114,708
Number of families with income < $10k:
Richmond:
1.5% (301)
State:
1.9% (27,415)
Number of families with income $10k - 20k:
Richmond:
2.1% (434)
Virginia:
2.5% (35,529)
Number of families with income $20k - 30k:
Richmond:
0.7% (151)
Virginia:
3.5% (49,027)
Number of families with income $30k - 40k:
Richmond:
4.4% (906)
Virginia:
3.8% (53,514)
Number of families with income $40k - 50k:
Richmond:
2.6% (527)
Virginia:
4.7% (66,206)
Number of families with income $50k - 60k:
Richmond:
3.9% (805)
State:
5.2% (74,438)
Number of families with income $60k - 75k:
Richmond:
8.1% (1,664)
Virginia:
8.2% (116,265)
Number of families with income $75k - 100k:
Richmond:
7.8% (1,609)
State:
12.9% (183,581)
Number of families with income $100k - 125k:
Richmond:
10.2% (2,106)
Virginia:
11.9% (168,950)
Number of families with income $125k - 150k:
Richmond:
9.3% (1,903)
Virginia:
9.5% (134,452)
Number of families with income $150k - 200k:
Richmond:
16.7% (3,427)
State:
13.8% (195,800)
Number of families with income > $200k:
Richmond:
32.7% (6,717)
State:
22.1% (313,072)
Median non-family income in Richmond in 2022:
Richmond:
$59,381
State:
$53,785
Change in median non-family income between 2000 and 2022:
Richmond, Virginia:
+101.4%
State:
+70.5%
Median per capita income in Richmond in 2022:
Richmond:
$63,947
State:
$53,456
Change in median per capita income between 2000 and 2022:
Richmond, Virginia:
+100.5%
State:
+99.2%
Income statistics for Black or African American residents
Median household income in Richmond, VA in 2022:
Richmond:
$37,707
State:
$60,526
Change in median household income between 2000 and 2022:
Richmond, Virginia:
+47.6%
State:
+87.6%
Number of households with income < $10k:
Richmond:
15.8% (6,213)
State:
8.3% (52,649)
Number of households with income $10k - 20k:
Richmond:
14.9% (5,866)
State:
9.6% (60,583)
Number of households with income $20k - 30k:
Richmond:
10.2% (4,003)
State:
8.1% (51,220)
Number of households with income $30k - 40k:
Richmond:
11.9% (4,697)
State:
8.6% (54,185)
Number of households with income $40k - 50k:
Richmond:
6.4% (2,523)
Virginia:
8.1% (51,156)
Number of households with income $50k - 60k:
Richmond:
6.4% (2,515)
State:
7.0% (44,637)
Number of households with income $60k - 75k:
Richmond:
9.1% (3,568)
Virginia:
9.8% (62,332)
Number of households with income $75k - 100k:
Richmond:
9.8% (3,850)
State:
11.4% (72,479)
Number of households with income $100k - 125k:
Richmond:
3.9% (1,552)
Virginia:
8.5% (53,997)
Number of households with income $125k - 150k:
Richmond:
5.7% (2,247)
Virginia:
6.3% (40,032)
Number of households with income $150k - 200k:
Richmond:
4.7% (1,864)
State:
6.9% (43,513)
Number of households with income > $200k:
Richmond:
1.2% (459)
State:
7.4% (46,851)
Aggregate household income in Richmond in 2022: $2,154,553,300
Median family income in Richmond in 2022:
Richmond:
$49,458
State:
$74,125
Number of families with income < $10k:
Richmond:
10.4% (1,911)
State:
5.7% (21,574)
Number of families with income $10k - 20k:
Richmond:
8.3% (1,518)
State:
5.9% (22,226)
Number of families with income $20k - 30k:
Richmond:
10.8% (1,976)
State:
6.6% (24,902)
Number of families with income $30k - 40k:
Richmond:
15.7% (2,870)
State:
7.9% (29,738)
Number of families with income $40k - 50k:
Richmond:
5.1% (928)
State:
7.9% (29,836)
Number of families with income $50k - 60k:
Richmond:
7.0% (1,285)
Virginia:
6.9% (26,158)
Number of families with income $60k - 75k:
Richmond:
8.6% (1,583)
Virginia:
9.6% (36,311)
Number of families with income $75k - 100k:
Richmond:
13.4% (2,453)
Virginia:
13.0% (49,024)
Number of families with income $100k - 125k:
Richmond:
6.9% (1,267)
State:
9.9% (37,339)
Number of families with income $125k - 150k:
Richmond:
6.0% (1,107)
State:
7.8% (29,249)
Number of families with income $150k - 200k:
Richmond:
5.8% (1,068)
State:
8.5% (32,054)
Number of families with income > $200k:
Richmond:
1.9% (352)
State:
10.2% (38,646)
Median non-family income in Richmond in 2022:
Richmond:
$25,028
Virginia:
$40,425
Change in median non-family income between 2000 and 2022:
Richmond, Virginia:
+36.9%
State:
+91.0%
Median per capita income in Richmond in 2022:
Richmond:
$25,094
State:
$34,599
Change in median per capita income between 2000 and 2022:
Richmond, Virginia:
+91.3%
State:
+119.8%
Income statistics for Asian residents
Median household income in Richmond, VA in 2022:
Richmond:
$75,926
State:
$126,277
Number of households with income < $10k:
Richmond:
14.9% (280)
Virginia:
3.6% (7,279)
Number of households with income $10k - 20k:
Richmond:
7.9% (148)
State:
3.2% (6,565)
Number of households with income $20k - 30k:
Richmond:
4.2% (78)
State:
3.2% (6,439)
Number of households with income $30k - 40k:
Richmond:
8.6% (161)
Virginia:
3.5% (7,097)
Number of households with income $40k - 50k:
Richmond:
4.9% (92)
State:
4.4% (8,868)
Number of households with income $50k - 60k:
Richmond:
7.8% (146)
State:
3.8% (7,796)
Number of households with income $60k - 75k:
Richmond:
7.2% (136)
Virginia:
6.2% (12,561)
Number of households with income $75k - 100k:
Richmond:
15.8% (297)
State:
10.3% (20,876)
Number of households with income $100k - 125k:
Richmond:
7.9% (148)
State:
11.2% (22,753)
Number of households with income $125k - 150k:
Richmond:
2.4% (45)
State:
8.0% (16,320)
Number of households with income $150k - 200k:
Richmond:
9.2% (173)
State:
14.4% (29,314)
Number of households with income > $200k:
Richmond:
9.3% (174)
State:
28.2% (57,395)
Aggregate household income in Richmond in 2022: $134,830,800
Median family income in Richmond in 2022:
Richmond:
$85,865
State:
$149,837
Number of families with income < $10k:
Richmond:
2.0% (14)
State:
2.0% (3,041)
Number of families with income $10k - 20k:
Richmond:
2.2% (15)
State:
2.0% (3,077)
Number of families with income $20k - 30k:
Richmond:
3.3% (23)
State:
2.1% (3,265)
Number of families with income $30k - 40k:
Richmond:
9.3% (66)
Virginia:
3.2% (4,994)
Number of families with income $50k - 60k:
Richmond:
8.2% (58)
State:
3.3% (5,105)
Number of families with income $60k - 75k:
Richmond:
3.8% (27)
Virginia:
5.6% (8,616)
Number of families with income $75k - 100k:
Richmond:
20.4% (144)
State:
9.1% (14,105)
Number of families with income $100k - 125k:
Richmond:
19.7% (140)
State:
10.3% (16,001)
Number of families with income $125k - 150k:
Richmond:
0.4% (3)
State:
8.3% (12,819)
Number of families with income $150k - 200k:
Richmond:
14.9% (105)
State:
16.0% (24,747)
Number of families with income > $200k:
Richmond:
15.9% (113)
State:
33.9% (52,616)
Median non-family income in Richmond in 2022:
Richmond:
$66,816
Virginia:
$76,344
Median per capita income in Richmond in 2022:
Richmond:
$25,134
Virginia:
$56,055
Change in median per capita income between 2000 and 2022:
Richmond, Virginia:
+96.2%
State:
+146.0%
Income statistics for Hispanic or Latino residents
Median household income in Richmond, VA in 2022:
Richmond:
$43,941
State:
$84,525
Change in median household income between 2000 and 2022:
Richmond, Virginia:
+61.6%
State:
+82.6%
Number of households with income < $10k:
Richmond:
9.4% (498)
Virginia:
4.6% (11,664)
Number of households with income $10k - 20k:
Richmond:
7.7% (406)
Virginia:
4.9% (12,443)
Number of households with income $20k - 30k:
Richmond:
10.4% (549)
State:
5.9% (14,859)
Number of households with income $30k - 40k:
Richmond:
11.0% (582)
State:
6.8% (17,059)
Number of households with income $40k - 50k:
Richmond:
7.4% (391)
State:
6.4% (16,261)
Number of households with income $50k - 60k:
Richmond:
5.8% (310)
State:
6.9% (17,468)
Number of households with income $60k - 75k:
Richmond:
12.9% (682)
State:
9.6% (24,193)
Number of households with income $75k - 100k:
Richmond:
14.1% (747)
State:
13.2% (33,405)
Number of households with income $100k - 125k:
Richmond:
8.4% (445)
State:
10.5% (26,356)
Number of households with income $125k - 150k:
Richmond:
2.4% (125)
Virginia:
8.1% (20,494)
Number of households with income $150k - 200k:
Richmond:
5.5% (292)
State:
9.5% (23,943)
Number of households with income > $200k:
Richmond:
5.2% (277)
State:
13.5% (33,987)
Aggregate household income in Richmond in 2022: $391,565,200
Median family income in Richmond in 2022:
Richmond:
$44,447
Virginia:
$88,590
Number of families with income < $10k:
Richmond:
9.9% (297)
State:
4.6% (8,718)
Number of families with income $10k - 20k:
Richmond:
6.4% (190)
Virginia:
5.2% (9,926)
Number of families with income $20k - 30k:
Richmond:
8.2% (244)
Virginia:
5.3% (10,120)
Number of families with income $30k - 40k:
Richmond:
12.0% (358)
Virginia:
6.3% (11,966)
Number of families with income $40k - 50k:
Richmond:
7.1% (212)
Virginia:
7.0% (13,232)
Number of families with income $50k - 60k:
Richmond:
5.0% (151)
State:
7.0% (13,269)
Number of families with income $60k - 75k:
Richmond:
19.3% (579)
State:
8.5% (16,211)
Number of families with income $75k - 100k:
Richmond:
12.1% (361)
State:
12.3% (23,386)
Number of families with income $100k - 125k:
Richmond:
7.5% (225)
State:
10.9% (20,753)
Number of families with income $125k - 150k:
Richmond:
2.7% (81)
Virginia:
8.3% (15,758)
Number of families with income $150k - 200k:
Richmond:
5.4% (161)
Virginia:
10.1% (19,138)
Number of families with income > $200k:
Richmond:
4.4% (132)
Virginia:
14.5% (27,548)
Median non-family income in Richmond in 2022:
Richmond:
$41,187
State:
$57,374
Change in median non-family income between 2000 and 2022:
Richmond, Virginia:
+78.3%
State:
+70.1%
Median per capita income in Richmond in 2022:
Richmond:
$22,149
State:
$32,277
Change in median per capita income between 2000 and 2022:
Richmond, Virginia:
+87.1%
State:
+104.6%
Income statistics for American Indian and Alaska Native residents
Number of households with income < $10k:
Richmond:
10.2% (19)
Virginia:
3.6% (321)
Number of households with income $10k - 20k:
Richmond:
0.0% (0)
Virginia:
4.0% (353)
Number of households with income $20k - 30k:
Richmond:
20.9% (39)
State:
7.8% (693)
Number of households with income $30k - 40k:
Richmond:
0.0% (0)
State:
4.7% (414)
Number of households with income $40k - 50k:
Richmond:
16.0% (30)
Virginia:
6.2% (548)
Number of households with income $50k - 60k:
Richmond:
11.8% (22)
State:
6.1% (544)
Number of households with income $60k - 75k:
Richmond:
15.0% (28)
Virginia:
12.7% (1,122)
Number of households with income $75k - 100k:
Richmond:
8.6% (16)
Virginia:
14.7% (1,299)
Number of households with income $100k - 125k:
Richmond:
3.2% (6)
Virginia:
17.8% (1,573)
Number of households with income $125k - 150k:
Richmond:
11.8% (22)
Virginia:
4.5% (396)
Number of households with income $150k - 200k:
Richmond:
1.6% (3)
State:
7.8% (687)
Number of households with income > $200k:
Richmond:
1.1% (2)
State:
10.2% (901)
Aggregate household income in Richmond in 2022: $11,994,049
Median per capita income in Richmond in 2022:
Richmond:
$21,692
Virginia:
$34,188
Change in median per capita income between 2000 and 2022:
Richmond, Virginia:
+33.2%
State:
+70.3%
Income statistics for Multirace residents
Median household income in Richmond, VA in 2022:
Richmond:
$39,803
State:
$90,841
Change in median household income between 2000 and 2022:
Richmond, Virginia:
+73.2%
Virginia:
+117.5%
Number of households with income < $10k:
Richmond:
12.2% (823)
State:
4.1% (9,125)
Number of households with income $10k - 20k:
Richmond:
17.4% (1,170)
Virginia:
5.9% (12,969)
Number of households with income $20k - 30k:
Richmond:
7.5% (506)
State:
4.8% (10,563)
Number of households with income $30k - 40k:
Richmond:
13.0% (875)
State:
6.6% (14,553)
Number of households with income $40k - 50k:
Richmond:
11.4% (764)
State:
5.2% (11,391)
Number of households with income $50k - 60k:
Richmond:
9.1% (612)
State:
6.8% (14,994)
Number of households with income $60k - 75k:
Richmond:
5.4% (362)
Virginia:
8.8% (19,323)
Number of households with income $75k - 100k:
Richmond:
6.0% (404)
State:
12.1% (26,729)
Number of households with income $100k - 125k:
Richmond:
2.9% (193)
State:
10.4% (22,807)
Number of households with income $125k - 150k:
Richmond:
7.5% (503)
Virginia:
8.1% (17,881)
Number of households with income $150k - 200k:
Richmond:
3.6% (242)
State:
10.4% (22,979)
Number of households with income > $200k:
Richmond:
4.0% (271)
Virginia:
16.7% (36,748)
Aggregate household income in Richmond in 2022: $441,411,800
Median family income in Richmond in 2022:
Richmond:
$63,674
Virginia:
$103,849
Number of families with income < $10k:
Richmond:
6.6% (202)
Virginia:
3.5% (5,324)
Number of families with income $10k - 20k:
Richmond:
8.8% (271)
State:
3.5% (5,364)
Number of families with income $20k - 30k:
Richmond:
4.0% (124)
State:
3.9% (5,851)
Number of families with income $30k - 40k:
Richmond:
14.8% (457)
Virginia:
5.4% (8,214)
Number of families with income $40k - 50k:
Richmond:
6.8% (211)
State:
4.9% (7,426)
Number of families with income $50k - 60k:
Richmond:
6.5% (202)
State:
6.6% (9,957)
Number of families with income $60k - 75k:
Richmond:
8.5% (262)
Virginia:
7.7% (11,613)
Number of families with income $75k - 100k:
Richmond:
18.1% (558)
State:
12.5% (18,956)
Number of families with income $100k - 125k:
Richmond:
2.4% (75)
Virginia:
10.6% (16,045)
Number of families with income $125k - 150k:
Richmond:
8.1% (251)
Virginia:
9.4% (14,187)
Number of families with income $150k - 200k:
Richmond:
5.2% (160)
Virginia:
11.7% (17,769)
Number of families with income > $200k:
Richmond:
10.2% (315)
State:
20.4% (30,866)
Median non-family income in Richmond in 2022:
Richmond:
$40,533
State:
$54,017
Change in median non-family income between 2000 and 2022:
Richmond, Virginia:
+140.2%
State:
+93.3%
Median per capita income in Richmond in 2022:
Richmond:
$26,190
State:
$34,385
Change in median per capita income between 2000 and 2022:
Richmond, Virginia:
+74.5%
State:
+130.2%
Income statistics for other residents
Median household income in Richmond, VA in 2022:
Richmond:
$42,420
Virginia:
$74,720
Number of households with income < $10k:
Richmond:
5.0% (139)
Virginia:
5.1% (5,333)
Number of households with income $10k - 20k:
Richmond:
6.1% (167)
State:
4.3% (4,478)
Number of households with income $20k - 30k:
Richmond:
15.1% (416)
State:
7.3% (7,629)
Number of households with income $30k - 40k:
Richmond:
9.0% (248)
Virginia:
7.8% (8,201)
Number of households with income $40k - 50k:
Richmond:
11.4% (313)
Virginia:
10.1% (10,533)
Number of households with income $50k - 60k:
Richmond:
5.4% (150)
State:
5.4% (5,653)
Number of households with income $60k - 75k:
Richmond:
15.9% (437)
State:
10.2% (10,650)
Number of households with income $75k - 100k:
Richmond:
13.6% (374)
State:
12.9% (13,493)
Number of households with income $100k - 125k:
Richmond:
5.9% (162)
Virginia:
9.7% (10,131)
Number of households with income $125k - 150k:
Richmond:
2.6% (71)
State:
8.2% (8,624)
Number of households with income $150k - 200k:
Richmond:
1.0% (28)
State:
8.2% (8,609)
Number of households with income > $200k:
Richmond:
9.0% (249)
State:
10.8% (11,336)
Aggregate household income in Richmond in 2022: $133,979,100
Median family income in Richmond in 2022:
Richmond:
$43,038
State:
$79,288
Number of families with income < $10k:
Richmond:
6.7% (101)
Virginia:
5.0% (4,081)
Number of families with income $10k - 20k:
Richmond:
1.5% (22)
State:
6.5% (5,379)
Number of families with income $20k - 30k:
Richmond:
14.5% (218)
State:
5.2% (4,311)
Number of families with income $30k - 40k:
Richmond:
11.5% (173)
Virginia:
7.4% (6,118)
Number of families with income $40k - 50k:
Richmond:
12.6% (190)
State:
9.4% (7,711)
Number of families with income $50k - 60k:
Richmond:
6.0% (91)
State:
5.9% (4,857)
Number of families with income $60k - 75k:
Richmond:
18.8% (284)
State:
8.6% (7,070)
Number of families with income $75k - 100k:
Richmond:
11.1% (167)
State:
12.5% (10,236)
Number of families with income $100k - 125k:
Richmond:
4.4% (66)
State:
11.0% (9,051)
Number of families with income $125k - 150k:
Richmond:
4.2% (63)
State:
8.2% (6,740)
Number of families with income $150k - 200k:
Richmond:
3.1% (47)
State:
9.0% (7,376)
Number of families with income > $200k:
Richmond:
5.7% (85)
State:
11.3% (9,247)
Median non-family income in Richmond in 2022:
Richmond:
$26,042
State:
$46,664
Change in median non-family income between 2000 and 2022:
Richmond, Virginia:
+50.3%
State:
+44.9%
Median per capita income in Richmond in 2022:
Richmond:
$18,552
State:
$29,023
Change in median per capita income between 2000 and 2022:
Richmond, Virginia:
+96.6%
State:
+110.3%
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