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Richmond, Virginia Economy Profile

Official State Website URL- http://www.virginia.gov

QuickFacts


 Richmond, Virginia United States
StateVirginia
CityRichmond
Total population197,790 281,421,906
Male92,068138,053,563
Female105,722143,368,343
Median age (years)33.935.3
Total households84,549105,480,101
Median household income (dollars)31,12141,994

Richmond, Virginia Economy

According to the statistics on employment by occupation in Richmond, Virginia, 21.73% of workers provide educational, health and social services. 9.95% of people provide Arts, entertainment, recreation, accommodation and food services in Richmond, Virginia. The percentage of people involved into professional, scientific, management, administrative, and waste management services in Richmond, Virginia is as follows: eleven point seven three percent.

In Richmond, Virginia government workers account for nineteen point zero five percent of workers. Seventy-six point two nine percent of workers comprise private wage and salary workers. Median household income in Richmond, Virginia is equal to thirty-one thousand, one hundred and twenty-one dollars while median family income is thirty-eight thousand, three hundred and forty-eight dollars. The earnings of male full-time, year-round workers, in Richmond, Virginia are thirty thousand, eight hundred and seventy-four dollars. The amount of earnings of female full-time, year-round workers reaches twenty-five thousand, eight hundred and eighty dollars.

0.0 of families in Richmond, Virginia are below poverty line (total population in Richmond, Virginia is one hundred and ninety-seven thousand, seven hundred and ninety). There are five thousand, eight hundred and four families with female householder, no husband present. The median age of a Richmond, Virginia resident is thirty-three point nine years old.

 Richmond, Virginia %, Richmond, Virginia United States
Population 16 years and over158,612  217,168,077
In labor force99,009 62.42%63.92%
- Civilian labor force98,688 62.22%63.39%
- - Employed90,745 57.21%59.73%
- - Unemployed7,943 5.01%3.66%
- - - Percent of civilian labor force8.0  5.8
- Armed Forces321 0.2%0.53%
Not in labor force59,603 37.58%36.08%
 
Females 16 years and over86,554 54.57%51.66%
In labor force50,488 31.83%29.72%
- Civilian labor force50,442 31.8%29.65%
- - Employed46,121 29.08%27.92%
 
Own children under 6 years13,727 8.65%10.05%
All parents in family in labor force9,233  12,787,501
 
COMMUTING TO WORK
Workers 16 years and over88,924  128,279,228
Car, truck, or van -- drove alone62,743 70.56%75.7%
Car, truck, or van -- carpooled11,165 12.56%12.19%
Public transportation (including taxicab)7,354 8.27%4.73%
Walked3,941 4.43%2.93%
Other means1,698 1.91%1.19%
Worked at home2,023 2.27%3.26%
Mean travel time to work (minutes)22.1 0.02%25.5
 
Employed civilian population 16 years and over90,745  129,721,512
 
OCCUPATION
Management, professional, and related occupations32,245 35.53%33.65%
Service occupations16,924 18.65%14.86%
Sales and office occupations24,404 26.89%26.69%
Farming, fishing, and forestry occupations53 0.06%0.73%
Construction, extraction, and maintenance occupations5,805 6.4%9.45%
Production, transportation, and material moving occupations11,314 12.47%14.62%
 
INDUSTRY
Agriculture, forestry, fishing and hunting, and mining177 0.2%1.87%
Construction4,871 5.37%6.78%
Manufacturing7,600 8.38%14.1%
Wholesale trade2,530 2.79%3.6%
Retail trade9,462 10.43%11.73%
Transportation and warehousing, and utilities4,130 4.55%5.2%
Information2,639 2.91%3.08%
Finance, insurance, real estate, and rental and leasing8,791 9.69%6.89%
Professional, scientific, management, administrative, and waste management services10,642 11.73%9.3%
Educational, health and social services19,719 21.73%19.92%
Arts, entertainment, recreation, accommodation and food services9,031 9.95%7.87%
Other services (except public administration)5,048 5.56%4.87%
Public administration6,105 6.73%4.79%
 
CLASS OF WORKER
Private wage and salary workers69,232 76.29%78.47%
Government workers17,287 19.05%14.59%
Self-employed workers in own not incorporated business4,115 4.53%6.63%
Unpaid family workers111 0.12%0.31%
 Richmond, Virginia %, Richmond, Virginia United States
INCOME IN 1999
Households84,566  105,539,122
Less than $10,00013,492 15.95%9.54%
$10,000 to $14,9996,914 8.18%6.31%
$15,000 to $24,99913,688 16.19%12.83%
$25,000 to $34,99912,197 14.42%12.81%
$35,000 to $49,99913,317 15.75%16.53%
$50,000 to $74,99912,482 14.76%19.46%
$75,000 to $99,9995,465 6.46%10.23%
$100,000 to $149,9993,999 4.73%7.72%
$150,000 to $199,9991,253 1.48%2.2%
$200,000 or more1,759 2.08%2.37%
Median household income (dollars)31,121  41,994
With earnings65,904 41.55%39.12%
- Mean earnings (dollars)44,958  56,604
With Social Security income21,880 13.79%12.47%
- Mean Social Security income (dollars)10,394  11,320
With Supplemental Security Income4,759 3.0%2.13%
- Mean Supplemental Security Income (dollars)5,833  6,320
With public assistance income3,991 2.52%1.67%
- Mean public assistance income (dollars)2,260  3,032
With retirement income13,852 8.73%8.13%
- Mean retirement income (dollars)17,436  17,376
 
Families44,225  72,261,780
Less than $10,0005,235 11.84%5.75%
$10,000 to $14,9992,929 6.62%4.31%
$15,000 to $24,9996,339 14.33%10.74%
$25,000 to $34,9995,865 13.26%12.02%
$35,000 to $49,9996,784 15.34%17.13%
$50,000 to $74,9998,040 18.18%22.32%
$75,000 to $99,9993,793 8.58%12.47%
$100,000 to $149,9992,869 6.49%9.6%
$150,000 to $199,999995 2.25%2.75%
$200,000 or more1,376 3.11%2.92%
Median family income (dollars)38,348  50,046
 
Per capita income (dollars)20,337  21,587
Median earnings (dollars):
Male full-time, year-round workers30,874  37,057
Female full-time, year-round workers25,880  27,194
 
POVERTY STATUS IN 1999 (below poverty level)
Families7,568  6,620,945
With related children under 18 years6,322 83.54%77.87%
- With related children under 5 years3,091 40.84%38.7%
 
Families with female householder, no husband present5,804  3,315,916
With related children under 18 years5,231 90.13%88.68%
- With related children under 5 years2,549 43.92%42.27%
 
Individuals40,185  33,899,812
18 years and over26,145 65.06%65.35%
- 65 years and over4,038 10.05%9.7%
Related children under 18 years13,716 34.13%33.59%
- Related children 5 to 17 years9,671 24.07%23.52%
Unrelated individuals 15 years and over15,037 37.42%31.63%
View more about Richmond, Virginia: population  |   housing  |   education  |   economy  |   neighborhood


The data is taken from www.census.gov reports.