In 2023, the population of the Richmond metropolitan area in the United States was about 1.35 million people. This was a slight increase from the previous year, when the population was about 1.34 million people.

Chart and table of population level and growth rate for the Richmond metro area from 1950 to 2025.

About this dataset

Context

The dataset presents the median household income across different racial categories in Richmond. It portrays the median household income of the head of household across racial categories (excluding ethnicity) as identified by the Census Bureau. The dataset can be utilized to gain insights into economic disparities and trends and explore the variations in median houshold income for diverse racial categories.

Key observations

Based on our analysis of the distribution of Richmond population by race & ethnicity, the population is predominantly White. This particular racial category constitutes the majority, accounting for 92.83% of the total residents in Richmond. Notably, the median household income for White households is $93,636. Interestingly, despite the White population being the most populous, it is worth noting that Two or More Races households actually reports the highest median household income, with a median income of $206,063. This reveals that, while Whites may be the most numerous in Richmond, Two or More Races households experience greater economic prosperity in terms of median household income.

Content

When available, the data consists of estimates from the U.S. Census Bureau American Community Survey (ACS) 2019-2023 5-Year Estimates.

Racial categories include:

• White
• Black or African American
• American Indian and Alaska Native
• Asian
• Native Hawaiian and Other Pacific Islander
• Some other race
• Two or more races (multiracial)

Variables / Data Columns

• Race of the head of household: This column presents the self-identified race of the household head, encompassing all relevant racial categories (excluding ethnicity) applicable in Richmond.
• Median household income: Median household income, adjusting for inflation, presented in 2023-inflation-adjusted dollars

Good to know

Margin of Error

Data in the dataset are based on the estimates and are subject to sampling variability and thus a margin of error. Neilsberg Research recommends using caution when presening these estimates in your research.

Custom data

If you do need custom data for any of your research project, report or presentation, you can contact our research staff at research@neilsberg.com for a feasibility of a custom tabulation on a fee-for-service basis.

Inspiration

Neilsberg Research Team curates, analyze and publishes demographics and economic data from a variety of public and proprietary sources, each of which often includes multiple surveys and programs. The large majority of Neilsberg Research aggregated datasets and insights is made available for free download at https://www.neilsberg.com/research/.

Recommended for further research

This dataset is a part of the main dataset for Richmond median household income by race. You can refer the same here

Graph and download economic data for Population Estimate, Total, Not Hispanic or Latino, Two or More Races, Two Races Including Some Other Race (5-year estimate) in Richmond County, VA (B03002010E051159) from 2009 to 2023 about Richmond County, VA; VA; non-hispanic; estimate; persons; 5-year; population; and USA.

A dataset listing Virginia cities by population for 2024.

Graph and download economic data for Population Estimate, Total, Not Hispanic or Latino, Two or More Races, Two Races Excluding Some Other Race, and Three or More Races (5-year estimate) in Henrico County, VA (B03002011E051087) from 2009 to 2023 about Henrico County, VA; Richmond; VA; non-hispanic; estimate; persons; 5-year; population; and USA.

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Graph and download economic data for Population Estimate, Total, Not Hispanic or Latino, Two or More Races, Two Races Excluding Some Other Race, and Three or More Races (5-year estimate) in Colonial Heights City, VA (B03002011E051570) from 2009 to 2023 about Colonial Heights City, VA; Richmond; VA; non-hispanic; estimate; persons; 5-year; population; and USA.

Graph and download economic data for Population Estimate, Total, Not Hispanic or Latino, Two or More Races, Two Races Excluding Some Other Race, and Three or More Races (5-year estimate) in Hanover County, VA (B03002011E051085) from 2009 to 2023 about Hanover County, VA; Richmond; VA; non-hispanic; estimate; persons; 5-year; population; and USA.

About this dataset

Context

The dataset tabulates the Richmond town population by age cohorts (Children: Under 18 years; Working population: 18-64 years; Senior population: 65 years or more). It lists the population in each age cohort group along with its percentage relative to the total population of Richmond town. The dataset can be utilized to understand the population distribution across children, working population and senior population for dependency ratio, housing requirements, ageing, migration patterns etc.

Key observations

The largest age group was 18 to 64 years with a poulation of 5,027 (62.01% of the total population). Source: U.S. Census Bureau American Community Survey (ACS) 2019-2023 5-Year Estimates.

Content

When available, the data consists of estimates from the U.S. Census Bureau American Community Survey (ACS) 2019-2023 5-Year Estimates.

Age cohorts:

• Under 18 years
• 18 to 64 years
• 65 years and over

Variables / Data Columns

• Age Group: This column displays the age cohort for the Richmond town population analysis. Total expected values are 3 groups ( Children, Working Population and Senior Population).
• Population: The population for the age cohort in Richmond town is shown in the following column.
• Percent of Total Population: The population as a percent of total population of the Richmond town is shown in the following column.

Good to know

Margin of Error

Data in the dataset are based on the estimates and are subject to sampling variability and thus a margin of error. Neilsberg Research recommends using caution when presening these estimates in your research.

Custom data

If you do need custom data for any of your research project, report or presentation, you can contact our research staff at research@neilsberg.com for a feasibility of a custom tabulation on a fee-for-service basis.

Inspiration

Neilsberg Research Team curates, analyze and publishes demographics and economic data from a variety of public and proprietary sources, each of which often includes multiple surveys and programs. The large majority of Neilsberg Research aggregated datasets and insights is made available for free download at https://www.neilsberg.com/research/.

Recommended for further research

This dataset is a part of the main dataset for Richmond town Population by Age. You can refer the same here

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