Market Population Trends

Employment Type

Age Grouping

Ethnicity Mix 2018

Fertility Rate

2,941 estimated births

Household Characteristics

Median Age over Time

Households with Children by Age

Median Household Income

Educational Attainment

Unemployment Rate

Type of Housing

Housing Values

Median mortgage payment for 2018: $1,528

Average Rent as Percentage of Gross Income

Median rent for 2018: $979

Average Commute

Primary Transportation

Gender Mix

Field of Employment

Estimated Consumer Expenditures

Category
Estimated Annual Spend (in 000's)
Food $404,563
--Home Prepared Food $227,968
--Restaurant/Takeaway Food $176,595
Alcoholic Beverages $29,700
Housing $1,025,454
--Rent/Mortgage/Upkeep/Taxes $599,620
--Utilities $206,696
--Operations $77,862
--Supplies $38,128
--Furnishings $103,549
Apparel $95,120
--Men & Boys $21,272
--Women & Girls $38,530
--Children < 2 $401
--Footwear $20,068
Transportation $498,078
--New Vehicles $93,114
--Used Vehicles $106,358
--Fuel $107,562
--Insurance $49,768
--Public Transit $41,741
Healthcare $253,654
Entertainment $164,554
--Pets $33,714
--Toys $8,027
Personal Care Products $39,332
Books & Literature $5,619
Education $71,842
Tobacco Products $17,659
Miscellaneous $50,570
Retirement $96,324
Non-health Insurance $372,454
Total Expenditures $3,124,925

Selected Population Data

Period Geography Population
2014 Richmond city, Virginia 211,063
2015 Richmond city, Virginia 213,735
2016 Richmond city, Virginia 216,773
2017 Richmond city, Virginia 220,892
2018 Richmond city, Virginia 223,787