Census ACS · #46 MSA
Richmond Metro Area
The Richmond, Va Metropolitan Statistical Area has 1,327,321 residents. The median household income is $84,405 and the median home value is $325,800.
1,327,321
Population
304
People / sq mi
$84,405
Median Income
$325,800
Median Home Value
The Richmond CBSA covers 4,364 sq mi of land at 304.1 people per square mile.
Race & Ethnicity
| White | 56.8% |
| Black or African American | 28.5% |
| Asian | 0.0% |
| Hispanic or Latino (any race) | 1.3% |
Economy & Income
$84,405
Median Household Income
$46,237
Per Capita Income
6.7%
Poverty Rate
3.1%
Unemployment
Cost of Living
The Richmond metro's price level is 97.9 on the BEA Regional Price Parity index (US average = 100), meaning prices are 2.1% lower the US average. The local median income of $84,405 has the buying power of $86,253 in average-priced US metros.
97.9
Price Level (US = 100)
$86,253
COL-Adjusted Median Income
$84,405
Nominal Median Income
Housing
$325,800
Median Home Value
$1,388
Median Rent
67.1%
Homeownership
Education
91.9%
High School+
40.2%
Bachelor's+
Commute
1.1%
Drive Alone
16.7%
Work From Home
25.5 min
Avg Commute
30.4%
Foreign Born
Richmond spans this state
Nearby metros
Largest cities in Virginia
Largest counties in Virginia
Part of Virginia
Other metros
Metro areas in Virginia
Metro rankings
Frequently Asked Questions
The Richmond, Va Metropolitan Statistical Area has a population of 1,327,321 according to Census ACS 5-Year estimates, making it the #46 largest CBSA in the US.
The median household income in the Richmond metro area is $84,405, with a per capita income of $46,237.
The Richmond, Va CBSA spans the state of Virginia.
More from Virginia
Data for the Richmond, Va CBSA (40060) from the American Community Survey 5-Year estimates. Core-Based Statistical Areas combine cities, suburbs, and surrounding counties tied together by commuting patterns.