Everything You Should Know Before Moving to Richmond, VA
Considering a move to Richmond, VA? With a population of 228,200 and a vibrant mix of historic charm and modern amenities, Richmond offers affordable housing (median home price around $290,000, average rent $1,320), a lower-than-average cost of living, and a quick 23-minute average commute. While crime rates are higher than the national average, the city features excellent healthcare, a lively arts and food scene, and strong higher education options like VCU. Richmond’s mild climate, 62% sunny days, and diverse neighborhoods make it a welcoming spot for professionals, families, and students alike.
Demographics - Richmond, VA
Demographics - Richmond, VA
Richmond, VA is home to roughly 228,200 residents, featuring a youthful median age of 34.9 and a diverse population, with nearly equal proportions of White and Black residents. The city has a moderate population density and a notable percentage of non-English speakers, reflecting its multicultural environment. This diversity contributes to a vibrant community atmosphere for newcomers.
Population:
228,200
Density:
3,800 per sq mi
Median Age:
34.9
Gender Ratio:
91 males per 100 females
Non-English Speakers Percentage:
10.8%
Ethnic Composition
White:
39.5%
Black:
46.5%
Asian:
2.2%
Others:
11.8%
Cost Of Living
What is the average cost of living in Richmond, VA?
Richmond offers a cost of living slightly below the national average, with a median home value of $290,000 and average monthly rent around $1,320. Utilities and transportation costs are reasonable, making the city an appealing option for both homeowners and renters. State taxes range from 2% to 5.75%, keeping expenses manageable for most residents.
Median House Value:
$290,000
Gross Rent:
$1,320
Monthly Electricity Charges:
$130
Auto Insurance:
$1,220
House Owner Cost With Mortgage:
$1,570
House Owner Cost Without Mortgage:
$520
State Taxes:
Low:
2.0%
|
High:
5.75%
Cost Of Living Index:
97.6
Grocery:
97.0
Housing:
87.8
Utilities:
104.5
Transportation:
92.3
Health Care:
94.7
Miscellaneous:
98.1
Crime
Is Richmond, VA a safe place to live?
Richmond experiences higher-than-average crime rates, with about 497 violent crimes and 3,375 property crimes per 100,000 residents. While the chance of property crime is approximately 1 in 30, many neighborhoods remain safe and proactive local initiatives help promote community safety. Prospective residents should research specific areas when considering a move.
Violent Crimes Per 100k:
497
Property Crimes Per 100k:
3,375
Crime Index:
3,872
Chance Of Violent Crime:
1 in 201
Chance Of Property Crime:
1 in 30
Weather
What is the weather like in Richmond, VA year-round?
Richmond enjoys a mild climate, with winter lows near 29°F and summer highs reaching 89°F. The city sees about 62% sunny days annually and receives roughly 44.6 inches of rainfall, offering distinct seasons and plenty of opportunities for outdoor activities. The comfortable weather is a draw for those seeking all four seasons without extreme conditions.
Winter
Min:
29°F
Max:
47°F
Spring
Min:
48°F
Max:
72°F
Summer
Min:
68°F
Max:
89°F
Fall
Min:
50°F
Max:
72°F
Average Rainfall Inches:
44.6 inches
Sunny Days Percentage:
62%
Neighbors
Residents in Richmond have a median household income of $58,000 and a family income of $68,900, with a poverty rate of 21.1%. Education is valued, as nearly 89% of adults hold at least a high school diploma, and commute times average just over 22 minutes. The city’s diverse and engaged community makes it easy to connect with neighbors from varied backgrounds.
Median Income:
$33,100
Household Income:
$58,000
Family Income:
$68,900
Per Capita Income:
$34,200
Income Male:
$42,000
Income Female:
$38,200
Poverty Rate:
21.1%
Non English Speakers:
10.8%
Rent:
$1,320
Unemployment Rate:
4.2%
Public Transport Usage:
4.7%
Commute Time:
22.6 minutes
Education
High School or Higher:
88.9%
Bachelors or More:
41.0%
Education
How are the schools in Richmond, VA?
Richmond offers a variety of educational opportunities, from respected public schools like Richmond Community High School to private institutions such as St. Catherine's. Higher education is also a strong draw, with Virginia Commonwealth University and the University of Richmond providing diverse programs and vibrant campus life. The city's focus on education supports learners of all ages.
Public Schools
Name:
Richmond Community High School
Street:
201 E Brookland Park Blvd
Phone:
804-780-4332
Students:
300
Student Teacher Ratio:
13.5
Name:
Open High School
Street:
600 S Pine St
Phone:
804-780-4661
Students:
225
Student Teacher Ratio:
12.0
Private Schools
Name:
St. Catherine's School
Street:
6001 Grove Ave
Phone:
804-288-2804
Students:
950
Colleges
Name:
Virginia Commonwealth University
City:
Richmond
State:
VA
Distance:
0 miles
Students:
28,000
Name:
University of Richmond
City:
Richmond
State:
VA
Distance:
6 miles
Students:
4,100
Healthcare
Richmond provides excellent healthcare access, with major hospitals like VCU Medical Center and Bon Secours St. Mary's Hospital offering comprehensive services and emergency care. There are about 2.5 physicians per 1,000 residents, and nearly 90% of the population has health insurance coverage. Quality medical facilities and providers contribute to a strong local healthcare system.
Major Hospitals
Name:
VCU Medical Center
Address:
1250 E Marshall St, Richmond, VA 23298
Phone:
(804) 828-9000
Type:
General & Teaching
Emergency Services:
Yes
Name:
Bon Secours St. Mary's Hospital
Address:
5801 Bremo Rd, Richmond, VA 23226
Phone:
(804) 285-2011
Type:
General & Surgical
Emergency Services:
Yes
Physicians Per 1000:
2.5
Health Insurance Coverage:
89.8%
Health Care Index:
77.4
Housing Market
What is the housing market like in Richmond, VA?
Richmond's housing market is attractive, with a median home price of $290,000 and an average rent for a two-bedroom at $1,320. Home values have appreciated by 4.7% in the past year, and the rental vacancy rate remains moderate at 8.1%. The market offers options for both buyers and renters, making it accessible to a range of budgets.
Median Home Price:
$290,000
Average Rent For 2 Bedroom:
$1,320
Owner Occupied Rate:
44.3%
Rental Vacancy Rate:
8.1%
Home Appreciation Rate (1yr):
4.7%
New Construction Rate:
1.2%
Foreclosure Rate:
0.7%
DMV Information
The Virginia Department of Motor Vehicles serves Richmond at its convenient West Broad Street location. Residents can access a full range of services, from driver's licenses to vehicle registration, either in person or online through the official DMV website. Friendly staff and comprehensive resources help streamline the process for newcomers.
State:
Virginia
Department:
Virginia Department of Motor Vehicles
Address:
2300 W Broad St, Richmond, VA 23220
Phone:
1-804-497-7100
Website:
Disclaimer: The information provided on this page is based on publicly available sources including AccuWeather, U.S. Census Bureau, local government data, and third-party partners such as Neustar. While we strive to ensure accuracy, all data is provided “as is” and should be independently verified before making any decisions. Movers.com makes no guarantees regarding the completeness or reliability of the information.