Updated
Real Estate Investing in Richmond City County, VA
Richmond City County, VA real estate market data — demographics, home values, and investor context.
227,595
Population
$62,671
Median Income
$328,100
Median Home Value
43%
Owner-Occupied
Richmond City County, VA Demographics
US Census ACS 5-year estimates. Demographic context drives rent, home value, and absentee-ownership patterns — here's what the numbers say about Richmond City County, VA.
| Population | 227,595 |
|---|---|
| Median age | 34.5 |
| Median household income | $62,671 |
| Median home value | $328,100 |
| Median gross rent | $1,314 |
|---|---|
| Rent burden | 31.4% |
| Owner-occupied units | 44,386 |
| Renter-occupied units | 57,759 |
Why Investors Target Richmond City County, VA
Richmond City County, VA is home to 227,595 residents with a median age of 34.5 years. Households earn a median income of $62,671, against a median home value of $328,100 and a median gross rent of $1,314. Roughly 43% of occupied homes are owner-occupied, with the remainder rented — a key signal for absentee-owner and rental investors. Renters here spend a median of 31.4% of household income on gross rent.
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