Graph and download economic data for Estimate of Median Household Income for Richmond City, VA (MHIVA51760A052NCEN) from 1989 to 2023 about Richmond City, VA; Richmond; VA; households; median; income; and USA.

Comprehensive demographic dataset for Richmond, VA, US including population statistics, household income, housing units, education levels, employment data, and transportation with year-over-year changes.

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 median household incomes for various household sizes in Richmond, VA, as reported by the U.S. Census Bureau. The dataset highlights the variation in median household income with the size of the family unit, offering valuable insights into economic trends and disparities within different household sizes, aiding in data analysis and decision-making.

Key observations

• Of the 7 household sizes (1 person to 7-or-more person households) reported by the census bureau, all of the household sizes were found in Richmond. Across the different household sizes in Richmond the mean income is $88,176, and the standard deviation is $38,977. The coefficient of variation (CV) is 44.20%. This high CV indicates high relative variability, suggesting that the incomes vary significantly across different sizes of households.
• In the most recent year, 2021, The smallest household size for which the bureau reported a median household income was 1-person households, with an income of $38,931. It then further increased to $160,222 for 7-person households, the largest household size for which the bureau reported a median household income.

https://i.neilsberg.com/ch/richmond-va-median-household-income-by-household-size.jpeg" alt="Richmond, VA median household income, by household size (in 2022 inflation-adjusted dollars)">

Content

When available, the data consists of estimates from the U.S. Census Bureau American Community Survey (ACS) 2017-2021 5-Year Estimates.

Household Sizes:

• 1-person households
• 2-person households
• 3-person households
• 4-person households
• 5-person households
• 6-person households
• 7-or-more-person households

Variables / Data Columns

• Household Size: This column showcases 7 household sizes ranging from 1-person households to 7-or-more-person households (As mentioned above).
• Median Household Income: Median household income, in 2022 inflation-adjusted dollars for the specific household size.

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. You can refer the same here

Graph and download economic data for 90% Confidence Interval Lower Bound of Estimate of Median Household Income for Richmond City, VA (MHICILBVA51760A052NCEN) from 1989 to 2023 about Richmond City, VA; Richmond; VA; households; median; income; and USA.

About this dataset

Context

The dataset presents the median household income across different racial categories in Richmond County. 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 County population by race & ethnicity, the population is predominantly White. This particular racial category constitutes the majority, accounting for 60.98% of the total residents in Richmond County. Notably, the median household income for White households is $74,779. Interestingly, despite the White population being the most populous, it is worth noting that Some Other Race households actually reports the highest median household income, with a median income of $108,295. This reveals that, while Whites may be the most numerous in Richmond County, Some Other Race 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 County.
• 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 County median household income by race. You can refer the same here

In 2023, the median household income in Virginia amounted to 96,490 U.S. dollars. This is an increase from the previous year, when the median household income in the state amounted to 85,170 U.S. dollars. The median household income for the United States may be accessed here.

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 September of 2025.

Graph and download economic data for Estimate of Median Household Income for Henrico County, VA (MHIVA51087A052NCEN) from 1989 to 2023 about Henrico County, VA; Richmond; VA; households; median; income; and USA.

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

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 October of 2025.

Graph and download economic data for Estimate of Median Household Income for Chesterfield County, VA (MHIVA51041A052NCEN) from 1989 to 2023 about Chesterfield County, VA; Richmond; VA; households; median; income; and USA.

About this dataset

Context

The dataset presents the median household incomes over the past decade across various racial categories identified by the U.S. Census Bureau in Richmond County. It portrays the median household income of the head of household across racial categories (excluding ethnicity) as identified by the Census Bureau. It also showcases the annual income trends, between 2013 and 2023, providing insights into the economic shifts within diverse racial communities.The dataset can be utilized to gain insights into income disparities and variations across racial categories, aiding in data analysis and decision-making..

Key observations

• White: In Richmond County, the median household income for the households where the householder is White increased by $8,876(13.47%), between 2013 and 2023. The median household income, in 2023 inflation-adjusted dollars, was $65,903 in 2013 and $74,779 in 2023.
• Black or African American: In Richmond County, the median household income for the households where the householder is Black or African American decreased by $6,960(12.85%), between 2013 and 2023. The median household income, in 2023 inflation-adjusted dollars, was $54,174 in 2013 and $47,214 in 2023.
• Refer to the research insights for more key observations on American Indian and Alaska Native, Asian, Native Hawaiian and Other Pacific Islander, Some other race and Two or more races (multiracial) households

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 County.
• 2010: 2010 median household income
• 2011: 2011 median household income
• 2012: 2012 median household income
• 2013: 2013 median household income
• 2014: 2014 median household income
• 2015: 2015 median household income
• 2016: 2016 median household income
• 2017: 2017 median household income
• 2018: 2018 median household income
• 2019: 2019 median household income
• 2020: 2020 median household income
• 2021: 2021 median household income
• 2022: 2022 median household income
• 2023: 2023 median household income
• Please note: All incomes have been adjusted for inflation and are 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 County median household income by race. You can refer the same here

Graph and download economic data for Estimate of Median Household Income for Sussex County, VA (MHIVA51183A052NCEN) from 1989 to 2023 about Sussex County, VA; Richmond; VA; households; median; income; and USA.

Graph and download economic data for Estimate of Median Household Income for Hanover County, VA (MHIVA51085A052NCEN) from 1989 to 2023 about Hanover County, VA; Richmond; VA; households; median; income; and USA.

Graph and download economic data for 90% Confidence Interval Upper Bound of Estimate of Median Household Income for Petersburg City, VA (MHICIUBVA51730A052NCEN) from 1993 to 2023 about Petersburg City, VA; Richmond; VA; households; median; income; and USA.

About this dataset

Context

The dataset tabulates the median household income in Richmond city. It can be utilized to understand the trend in median household income and to analyze the income distribution in Richmond city 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 city, VA Median Household Income Trends (2010-2021, in 2022 inflation-adjusted dollars)
• Median Household Income Variation by Family Size in Richmond city, VA: Comparative analysis across 7 household sizes
• Income Distribution by Quintile: Mean Household Income in Richmond city, VA
• Richmond city, 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 city median household income. You can refer the same here

About this dataset

Context

The dataset presents median income data over a decade or more for males and females categorized by Total, Full-Time Year-Round (FT), and Part-Time (PT) employment in Richmond County. It showcases annual income, providing insights into gender-specific income distributions and the disparities between full-time and part-time work. The dataset can be utilized to gain insights into gender-based pay disparity trends and explore the variations in income for male and female individuals.

Key observations: Insights from 2023

Based on our analysis ACS 2019-2023 5-Year Estimates, we present the following observations: - All workers, aged 15 years and older: In Richmond County, the median income for all workers aged 15 years and older, regardless of work hours, was $37,006 for males and $33,199 for females.

Based on these incomes, we observe a gender gap percentage of approximately 10%, indicating a significant disparity between the median incomes of males and females in Richmond County. Women, regardless of work hours, still earn 90 cents to each dollar earned by men, highlighting an ongoing gender-based wage gap.

Surprisingly, within the subset of full-time workers, women earn a higher income than men, earning 1.13 dollars for every dollar earned by men. This suggests that within full-time roles, womens median incomes significantly surpass mens, contrary to broader workforce trends.

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.

Gender classifications include:

• Male
• Female

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.

Variables / Data Columns

• Year: This column presents the data year. Expected values are 2010 to 2023
• Male Total Income: Annual median income, for males regardless of work hours
• Male FT Income: Annual median income, for males working full time, year-round
• Male PT Income: Annual median income, for males working part time
• Female Total Income: Annual median income, for females regardless of work hours
• Female FT Income: Annual median income, for females working full time, year-round
• Female PT Income: Annual median income, for females working part time

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 by race. You can refer the same here

Graph and download economic data for Estimate of Median Household Income for Goochland County, VA (MHIVA51075A052NCEN) from 1989 to 2023 about Goochland County, VA; Richmond; VA; households; median; income; and USA.

Graph and download economic data for Estimate of Median Household Income for Powhatan County, VA (MHIVA51145A052NCEN) from 1989 to 2023 about Powhatan County, VA; Richmond; VA; households; median; income; and USA.