Median household income in Richmond, VA is $42,356. Males in Richmond, VA have an average income that is 1.34 times higher than the average income of females, which is $55,180.
Similarly, it is asked, what is a good salary in Richmond VA?
The average salary in Richmond, VA is $61k. Trends in wages increased by 0.8 percent in Q4 2019. The cost of living in Richmond, VA is 4 percent higher than the national average.
Also Know, what is a livable salary in Virginia? Living Wage Calculation for Richmond city, Virginia
| 1 ADULT | ||
|---|---|---|
| 0 Children | 2 Children | |
| Living Wage | $13.23 | $30.75 |
| Poverty Wage | $5.84 | $9.99 |
| Minimum Wage | $7.25 | $7.25 |
Subsequently, question is, what is the average cost of living in Richmond VA?
701 W 28th St
| COST OF LIVING | Richmond | Virginia |
|---|---|---|
| Median Home Cost | $214,400 | $258,400 |
| Utilities | 98.9 | 99.3 |
| Transportation | 83.5 | 99.4 |
| Miscellaneous | 105.4 | 100.5 |
What is the average income in Virginia?
Median Household Income Households in Virginia have a median annual income of $72,577, which is more than the median annual income of $61,937 across the entire United States. This is in comparison to a median income of $71,535 in 2017, which represents a 1.46% annual growth.
14 Related Question Answers Found
What is the richest town in Virginia?
Virginia Counties and Cities Ranked by Per Capita Income Rank County or City 1 Arlington County 2 Falls Church City 3 Alexandria City 4 Fairfax County
Is it expensive to live in Richmond?
The cost of living in Richmond is 7% lower than the Virginia average. The cost of living in Richmond is equal to the national average. The cost of housing in Richmond is 4% higher than the national average. Virginia general sales tax is 4% higher than the national average.
What is the best area to live in Richmond VA?
Detailed List Of The Best Neighborhoods To Live In Richmond For 2019 Rank Neighborhood Home Value 1 Mary Munford $373,500 2 Three Chopt $433,900 3 Colonial Place $379,950 4 Malvern Gardens $316,800
Is living in Virginia expensive?
Virginia is one of the most expensive states in America, according to the Economic Policy Institute. The cheapest metro area to live in is Richmond at about $83,000 a year, while you need to earn over $110,000 a year to live in many parts of Fairfax and Loudon Counties.
What is the minimum wage in Virginia now?
$7.25 per hour
How much is the cost of living in Virginia?
According to site’s data, the cost of living in Chesapeake, VA, is 115.8—well above the national average. Housing is the biggest factor in the cost of living difference. The average cost per square foot of a house in Virginia is $145.
What is a good salary in Northern Virginia?
Median household income in Fairfax County, VA is $122,227. Males in Fairfax County, VA have an average income that is 1.33 times higher than the average income of females, which is $58,156.
What is the safest city in Virginia?
The top statistically safest areas in Virginia, according to the study, are: Vienna. Manassas. Herndon. Blacksburg. Williamsburg.
Is Richmond a nice place to live?
Richmond is brilliant for families but short on decent nightlife and restaurants. Richmond is indeed lovely, we live a stones throw away, and I do recommend the area. However, it is a very “family” area, with many very big houses.
Is Richmond Virginia a nice place to live?
RICHMOND, VA (WWBT) – Richmond is known for a lot of things — the amazing views of the city from the James River, the rich history, the local cuisine, and the growing job market. The city was ranked at number 24 on the top 25 best places to live in the U.S., according to U.S. News and World Report.
Is Richmond Virginia a safe city?
Richmond is a safe city. That’s the bottom line. As long as you don’t wonder into a bad neighborhood at 2am (which wouldn’t be easy) you will be fine. The warnings are probably from people who have never been to Richmond
Does it snow in Richmond?
Richmond averages 11 inches of snow per year. The US average is 28 inches of snow per year.
How much is a gallon of milk in Virginia?
An average lunch in the business district will set you back approximately $13 while a fancier, three-course meal will cost around $40. Basic groceries prices include $6 for 1 lb. of beef, $2.60 for 1 lb. of chicken breast, $2.80 for a gallon of milk and $1.80 for a loaf of white bread.
What is the crime rate in Richmond Virginia?
Richmond Annual Crimes Violent Total Number of Crimes 2,698 16,141 Crime Rate (per 1,000 residents) 11.88 71.10