About this dataset

Context

The dataset presents the mean household income for each of the five quintiles in Richmond County, VA, as reported by the U.S. Census Bureau. The dataset highlights the variation in mean household income across quintiles, offering valuable insights into income distribution and inequality.

Key observations

• Income disparities: The mean income of the lowest quintile (20% of households with the lowest income) is 15,312, while the mean income for the highest quintile (20% of households with the highest income) is 165,502. This indicates that the top earners earn 11 times compared to the lowest earners.
• *Top 5%: * The mean household income for the wealthiest population (top 5%) is 215,446, which is 130.18% higher compared to the highest quintile, and 1407.04% higher compared to the lowest quintile.

Content

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

Income Levels:

• Lowest Quintile
• Second Quintile
• Third Quintile
• Fourth Quintile
• Highest Quintile
• Top 5 Percent

Variables / Data Columns

• Income Level: This column showcases the income levels (As mentioned above).
• Mean Household Income: Mean household income, in 2023 inflation-adjusted dollars for the specific income level.

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 County median household income. You can refer the same here

About this dataset

Context

The dataset tabulates the Richmond city household income by gender. The dataset can be utilized to understand the gender-based income distribution of Richmond city income.

Content

The dataset will have the following datasets when applicable

Please note: The 2020 1-Year ACS estimates data was not reported by the Census Bureau due to the impact on survey collection and analysis caused by COVID-19. Consequently, median household income data for 2020 is unavailable for large cities (population 65,000 and above).

• Richmond city, VA annual median income by work experience and sex dataset : Aged 15+, 2010-2022 (in 2022 inflation-adjusted dollars)
• Richmond city, VA annual income distribution by work experience and gender dataset (Number of individuals ages 15+ with income, 2022)

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/.

Interested in deeper insights and visual analysis?

Explore our comprehensive data analysis and visual representations for a deeper understanding of Richmond city income distribution by gender. You can refer the same here

Estimate of Median Household Income for Richmond City, VA was 64903.00000 $ in January of 2023, according to the United States Federal Reserve. Historically, Estimate of Median Household Income for Richmond City, VA reached a record high of 64903.00000 in January of 2023 and a record low of 24000.00000 in January of 1989. Trading Economics provides the current actual value, an historical data chart and related indicators for Estimate of Median Household Income for Richmond City, VA - last updated from the United States Federal Reserve on July of 2025.

Estimate of Median Household Income for Richmond County, VA was 61655.00000 $ in January of 2023, according to the United States Federal Reserve. Historically, Estimate of Median Household Income for Richmond County, VA reached a record high of 61655.00000 in January of 2023 and a record low of 22461.00000 in January of 1989. Trading Economics provides the current actual value, an historical data chart and related indicators for Estimate of Median Household Income for Richmond County, VA - last updated from the United States Federal Reserve on July of 2025.

Richmond City, VA - Per Capita Personal Income in Richmond city, VA was 76912.00000 $ in January of 2023, according to the United States Federal Reserve. Historically, Richmond City, VA - Per Capita Personal Income in Richmond city, VA reached a record high of 76912.00000 in January of 2023 and a record low of 4076.00000 in January of 1969. Trading Economics provides the current actual value, an historical data chart and related indicators for Richmond City, VA - Per Capita Personal Income in Richmond city, VA - last updated from the United States Federal Reserve on July of 2025.

About this dataset

Context

The dataset tabulates the median household income in Richmond. It can be utilized to understand the trend in median household income and to analyze the income distribution in Richmond by household type, size, and across various income brackets.

Content

The dataset will have the following datasets when applicable

Please note: The 2020 1-Year ACS estimates data was not reported by the Census Bureau due to the impact on survey collection and analysis caused by COVID-19. Consequently, median household income data for 2020 is unavailable for large cities (population 65,000 and above).

• Richmond, VA Median Household Income Trends (2010-2021, in 2022 inflation-adjusted dollars)
• Median Household Income Variation by Family Size in Richmond, VA: Comparative analysis across 7 household sizes
• Income Distribution by Quintile: Mean Household Income in Richmond, VA
• Richmond, VA households by income brackets: family, non-family, and total, in 2022 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/.

Interested in deeper insights and visual analysis?

Explore our comprehensive data analysis and visual representations for a deeper understanding of Richmond median household income. You can refer the same here

Richmond City, VA - Income Inequality in Richmond city, VA was 22.68483 Ratio in January of 2023, according to the United States Federal Reserve. Historically, Richmond City, VA - Income Inequality in Richmond city, VA reached a record high of 25.73567 in January of 2019 and a record low of 21.93339 in January of 2010. Trading Economics provides the current actual value, an historical data chart and related indicators for Richmond City, VA - Income Inequality in Richmond city, VA - last updated from the United States Federal Reserve on July of 2025.

Richmond City, VA - Personal Income in Richmond city, VA was 17631807.00000 Thous. of $ in January of 2023, according to the United States Federal Reserve. Historically, Richmond City, VA - Personal Income in Richmond city, VA reached a record high of 17631807.00000 in January of 2023 and a record low of 1022952.00000 in January of 1969. Trading Economics provides the current actual value, an historical data chart and related indicators for Richmond City, VA - Personal Income in Richmond city, VA - last updated from the United States Federal Reserve on July of 2025.

Real Per Capita Personal Income for Richmond, VA (MSA) was 60931.00000 Chn. 2009 $ in January of 2023, according to the United States Federal Reserve. Historically, Real Per Capita Personal Income for Richmond, VA (MSA) reached a record high of 62051.00000 in January of 2021 and a record low of 45244.00000 in January of 2010. Trading Economics provides the current actual value, an historical data chart and related indicators for Real Per Capita Personal Income for Richmond, VA (MSA) - last updated from the United States Federal Reserve on June of 2025.

Per Capita Personal Income in Richmond, VA (MSA) was 71794.00000 $ in January of 2023, according to the United States Federal Reserve. Historically, Per Capita Personal Income in Richmond, VA (MSA) reached a record high of 71794.00000 in January of 2023 and a record low of 3814.00000 in January of 1969. Trading Economics provides the current actual value, an historical data chart and related indicators for Per Capita Personal Income in Richmond, VA (MSA) - last updated from the United States Federal Reserve on June of 2025.

Per Capita Personal Income in Richmond County, VA was 44081.00000 $ in January of 2023, according to the United States Federal Reserve. Historically, Per Capita Personal Income in Richmond County, VA reached a record high of 44081.00000 in January of 2023 and a record low of 2597.00000 in January of 1969. Trading Economics provides the current actual value, an historical data chart and related indicators for Per Capita Personal Income in Richmond County, VA - last updated from the United States Federal Reserve on July of 2025.

About this dataset

Context

The dataset tabulates the Richmond County median household income by race. The dataset can be utilized to understand the racial distribution of Richmond County income.

Content

The dataset will have the following datasets when applicable

Please note: The 2020 1-Year ACS estimates data was not reported by the Census Bureau due to the impact on survey collection and analysis caused by COVID-19. Consequently, median household income data for 2020 is unavailable for large cities (population 65,000 and above).

• Richmond County, VA median household income breakdown by race betwen 2011 and 2021
• Median Household Income by Racial Categories in Richmond County, VA (2021, in 2022 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/.

Interested in deeper insights and visual analysis?

Explore our comprehensive data analysis and visual representations for a deeper understanding of Richmond County median household income by race. You can refer the same here

Income Inequality in Richmond County, VA was 10.80865 Ratio in January of 2023, according to the United States Federal Reserve. Historically, Income Inequality in Richmond County, VA reached a record high of 17.27844 in January of 2020 and a record low of 10.19222 in January of 2022. Trading Economics provides the current actual value, an historical data chart and related indicators for Income Inequality in Richmond County, VA - last updated from the United States Federal Reserve on July of 2025.

Personal Income in Richmond County, VA was 404840.00000 Thous. of $ in January of 2023, according to the United States Federal Reserve. Historically, Personal Income in Richmond County, VA reached a record high of 404840.00000 in January of 2023 and a record low of 16883.00000 in January of 1969. Trading Economics provides the current actual value, an historical data chart and related indicators for Personal Income in Richmond County, VA - last updated from the United States Federal Reserve on July of 2025.

Net Income for Commercial Banks with Assets under $5B in Richmond, VA (MSA) (DISCONTINUED) was 35573.00000 Thous. of $ in July of 2020, according to the United States Federal Reserve. Historically, Net Income for Commercial Banks with Assets under $5B in Richmond, VA (MSA) (DISCONTINUED) reached a record high of 111926.00000 in October of 1995 and a record low of -20359.00000 in October of 2010. Trading Economics provides the current actual value, an historical data chart and related indicators for Net Income for Commercial Banks with Assets under $5B in Richmond, VA (MSA) (DISCONTINUED) - last updated from the United States Federal Reserve on July of 2025.

About this dataset

Context

The dataset presents the the household distribution across 16 income brackets among four distinct age groups in Richmond city: Under 25 years, 25-44 years, 45-64 years, and over 65 years. The dataset highlights the variation in household income, offering valuable insights into economic trends and disparities within different age categories, aiding in data analysis and decision-making..

Key observations

• Upon closer examination of the distribution of households among age brackets, it reveals that there are 8,276(7.79%) households where the householder is under 25 years old, 45,524(42.85%) households with a householder aged between 25 and 44 years, 29,161(27.45%) households with a householder aged between 45 and 64 years, and 23,291(21.92%) households where the householder is over 65 years old.
• In Richmond city, the age group of 25 to 44 years stands out with both the highest median income and the maximum share of households. This alignment suggests a financially stable demographic, indicating an established community with stable careers and higher incomes.

Content

When available, the data consists of estimates from the U.S. Census Bureau American Community Survey (ACS) 2022 1-Year Estimates.

Income brackets:

• Less than $10,000
• $10,000 to $14,999
• $15,000 to $19,999
• $20,000 to $24,999
• $25,000 to $29,999
• $30,000 to $34,999
• $35,000 to $39,999
• $40,000 to $44,999
• $45,000 to $49,999
• $50,000 to $59,999
• $60,000 to $74,999
• $75,000 to $99,999
• $100,000 to $124,999
• $125,000 to $149,999
• $150,000 to $199,999
• $200,000 or more

Variables / Data Columns

• Household Income: This column showcases 16 income brackets ranging from Under $10,000 to $200,000+ ( As mentioned above).
• Under 25 years: The count of households led by a head of household under 25 years old with income within a specified income bracket.
• 25 to 44 years: The count of households led by a head of household 25 to 44 years old with income within a specified income bracket.
• 45 to 64 years: The count of households led by a head of household 45 to 64 years old with income within a specified income bracket.
• 65 years and over: The count of households led by a head of household 65 years and over old with income within a specified income bracket.

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 city median household income by age. You can refer the same here

About this dataset

Context

The dataset presents the distribution of median household income among distinct age brackets of householders in Richmond city. Based on the latest 2019-2023 5-Year Estimates from the American Community Survey, it displays how income varies among householders of different ages in Richmond city. It showcases how household incomes typically rise as the head of the household gets older. The dataset can be utilized to gain insights into age-based household income trends and explore the variations in incomes across households.

Key observations: Insights from 2023

In terms of income distribution across age cohorts, in Richmond city, householders within the 25 to 44 years age group have the highest median household income at $71,154, followed by those in the 45 to 64 years age group with an income of $65,537. Meanwhile householders within the 65 years and over age group report the second lowest median household income of $48,665. Notably, householders within the under 25 years age group, had the lowest median household income at $29,510.

Content

When available, the data consists of estimates from the U.S. Census Bureau American Community Survey (ACS) 2019-2023 5-Year Estimates. All incomes have been adjusting for inflation and are presented in 2023-inflation-adjusted dollars.

Age groups classifications include:

• Under 25 years
• 25 to 44 years
• 45 to 64 years
• 65 years and over

Variables / Data Columns

• Age Of The Head Of Household: This column presents the age of the head of household
• Median Household Income: Median household income, in 2023 inflation-adjusted dollars for the specific age group

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 city median household income by age. You can refer the same here

About this dataset

Context

The dataset presents the detailed breakdown of the count of individuals within distinct income brackets, categorizing them by gender (men and women) and employment type - full-time (FT) and part-time (PT), offering valuable insights into the diverse income landscapes within Richmond city. The dataset can be utilized to gain insights into gender-based income distribution within the Richmond city population, aiding in data analysis and decision-making..

Key observations

• Employment patterns: Within Richmond city, among individuals aged 15 years and older with income, there were 81,753 men and 92,419 women in the workforce. Among them, 45,800 men were engaged in full-time, year-round employment, while 42,755 women were in full-time, year-round roles.
• Annual income under $24,999: Of the male population working full-time, 8.95% fell within the income range of under $24,999, while 11.37% of the female population working full-time was represented in the same income bracket.
• Annual income above $100,000: 25.98% of men in full-time roles earned incomes exceeding $100,000, while 16.83% of women in full-time positions earned within this income bracket.
• Refer to the research insights for more key observations on more income brackets ( Annual income under $24,999, Annual income between $25,000 and $49,999, Annual income between $50,000 and $74,999, Annual income between $75,000 and $99,999 and Annual income above $100,000) and employment types (full-time year-round and part-time)

Content

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

Income brackets:

• $1 to $2,499 or loss
• $2,500 to $4,999
• $5,000 to $7,499
• $7,500 to $9,999
• $10,000 to $12,499
• $12,500 to $14,999
• $15,000 to $17,499
• $17,500 to $19,999
• $20,000 to $22,499
• $22,500 to $24,999
• $25,000 to $29,999
• $30,000 to $34,999
• $35,000 to $39,999
• $40,000 to $44,999
• $45,000 to $49,999
• $50,000 to $54,999
• $55,000 to $64,999
• $65,000 to $74,999
• $75,000 to $99,999
• $100,000 or more

Variables / Data Columns

• Income Bracket: This column showcases 20 income brackets ranging from $1 to $100,000+..
• Full-Time Males: The count of males employed full-time year-round and earning within a specified income bracket
• Part-Time Males: The count of males employed part-time and earning within a specified income bracket
• Full-Time Females: The count of females employed full-time year-round and earning within a specified income bracket
• Part-Time Females: The count of females employed part-time and earning within a specified income bracket

Employment type classifications include:

• Full-time, year-round: A full-time, year-round worker is a person who worked full time (35 or more hours per week) and 50 or more weeks during the previous calendar year.
• Part-time: A part-time worker is a person who worked less than 35 hours per week during the previous calendar year.

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 city median household income by race. You can refer the same here

About this dataset

Context

The dataset tabulates the Richmond County household income by age. The dataset can be utilized to understand the age-based income distribution of Richmond County income.

Content

The dataset will have the following datasets when applicable

Please note: The 2020 1-Year ACS estimates data was not reported by the Census Bureau due to the impact on survey collection and analysis caused by COVID-19. Consequently, median household income data for 2020 is unavailable for large cities (population 65,000 and above).

• Richmond County, VA annual median income by age groups dataset (in 2022 inflation-adjusted dollars)
• Age-wise distribution of Richmond County, VA household incomes: Comparative analysis across 16 income brackets

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/.

Interested in deeper insights and visual analysis?

Explore our comprehensive data analysis and visual representations for a deeper understanding of Richmond County income distribution by age. You can refer the same here

About this dataset

Context

The dataset presents the the household distribution across 16 income brackets among four distinct age groups in Richmond: Under 25 years, 25-44 years, 45-64 years, and over 65 years. The dataset highlights the variation in household income, offering valuable insights into economic trends and disparities within different age categories, aiding in data analysis and decision-making..

Key observations

• Upon closer examination of the distribution of households among age brackets, it reveals that there are 6,548(6.47%) households where the householder is under 25 years old, 41,637(41.14%) households with a householder aged between 25 and 44 years, 30,764(30.40%) households with a householder aged between 45 and 64 years, and 22,252(21.99%) households where the householder is over 65 years old.
• In Richmond, the age group of 25 to 44 years stands out with both the highest median income and the maximum share of households. This alignment suggests a financially stable demographic, indicating an established community with stable careers and higher incomes.

Content

When available, the data consists of estimates from the U.S. Census Bureau American Community Survey (ACS) 2018-2022 5-Year Estimates.

Income brackets:

• Less than $10,000
• $10,000 to $14,999
• $15,000 to $19,999
• $20,000 to $24,999
• $25,000 to $29,999
• $30,000 to $34,999
• $35,000 to $39,999
• $40,000 to $44,999
• $45,000 to $49,999
• $50,000 to $59,999
• $60,000 to $74,999
• $75,000 to $99,999
• $100,000 to $124,999
• $125,000 to $149,999
• $150,000 to $199,999
• $200,000 or more

Variables / Data Columns

• Household Income: This column showcases 16 income brackets ranging from Under $10,000 to $200,000+ ( As mentioned above).
• Under 25 years: The count of households led by a head of household under 25 years old with income within a specified income bracket.
• 25 to 44 years: The count of households led by a head of household 25 to 44 years old with income within a specified income bracket.
• 45 to 64 years: The count of households led by a head of household 45 to 64 years old with income within a specified income bracket.
• 65 years and over: The count of households led by a head of household 65 years and over old with income within a specified income bracket.

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 age. You can refer the same here