Richmond combines large-scale port facilities with a diverse range of industrial assets. It has attracted renewable energy projects, advanced manufacturing, and green logistics operations. The city offers workforce development programs tailored to the sustainability industry.
As of 2025 the population of Richmond is 116,283. The population is expected to grow to 116,814 by 2030 - a growth rate of 0.09%.
The median age of Richmond residents is 38.
The diversity index of Richmond is 89.3, meaning that there is a 89% chance that any two people selected out of 100 residents will be of different race or ethnicity from one another.
The average household income in Richmond is $120,339 and projected to be $133,222 in 2030. Per capita income is $39,963, projected to be $44,171 in 2030. 4.97% of households – 5,785 – have an income of $200,000 or higher. Average net worth is $1,172,715 and the average disposable income is $89,071.
There are 40,357 housing units in Richmond; 19,823 are owner-occupied, 18,688 are rented, and 1,846 are vacant. The average home value is $814,300, with 1,512 homes built in 2010 or later, and 4,565 built in 1939 or earlier.
There are 2,841 businesses in Richmond, employing 31,276 workers and pulling from a labor force of 54,967 age 16 and above. 29,396 workers commute into Richmond from outside the county or state. Key industries for the area include:
25,432 residents both live and work in/around Richmond. The average travel time is 34.9 minutes. 2.86% people have a commute of less than 5 minutes while 10.27% commute 90 minutes or more each way. Of commuters, 34,084 drive alone, 6,761 carpool, and 5,266 take public transportation. 1,994 use other modes of transport such as motorcycle, bicycle, walking, etc. 6,620 residents work from home.
17,035 members of the workforce hold a high school diploma or GED. 6,340 have associates degrees, 17,025 have bachelor’s degrees, and 10,693 hold a graduate or professional degree.
