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Richmond, VA 23224 has a population of approximately 39,066 and experiences a population change rate of 21.81%. The population density is 3,350.1 / sq mi .
The median household income for Richmond, VA 23224 is $42,929, with 15,987 households and an average household size of 2.4.
The median value of a home in Richmond, VA 23224 is $243,000 with an appreciation rate of 15.20%. 32.66% of housing in the state is owned while 58.40% is rented.
The cost of living in Richmond, VA 23224 is 88.3 %.
The unemployment rate in Richmond, VA 23224 is 3.00%, and recent job growth is at 3.99%. Future job growth is projected at 48.52%.
The sales tax rate in Richmond, VA 23224 is 6.00%, while the income tax rate is 5.75% .
School expenditures in Richmond, VA 23224 are $15,456, and the school ratio is 14.4:1.
The average high temperature in July is 89.8 degrees, with an average low temperature in January of 27.6 degrees. The average rainfall is approximately 44.4 inches per year, with 11.4 inches of snow per year.