Downtown Richmond, Richmond, VA demographics:
population, income, and more
Downtown Richmond population
How many people live in Downtown Richmond
Downtown Richmond is home to 4,789 residents, according to the most recent Census data. Gender-wise, 49% of Downtown Richmond locals are male, and 51% are female.
Age demographics
The median age in Downtown Richmond is 31, with the population distributed as follows: about 7.6% are children under 15, then 17.9% are in the 15 to 24 age group. Adults between 25 and 44 make up 46.9% of the population, while another 18.3% fall into the 45 to 64 bracket. Finally, around 9.2% are 65 or older.
Racial makeup
In Downtown Richmond, 89.6% of the population are US-born citizens, while 5.7% have gained naturalized citizenship. At the same time, 4.8% of residents are non-citizens. As for race, 56.8% of locals are Caucasian, 28% are African American and 5.1% have Asian roots. There’s also a share of 8.7% that includes residents with two or more races.
Households in Downtown Richmond
A peek inside Downtown Richmond households
Downtown Richmond has 3,037 households, with an average of 1 members in each. Of these, 19.9% are families, while the remaining 80.1% are made up of individuals living alone or with non-relatives, such as roommates.
Households stats
Housing in Downtown Richmond
The housing landscape of Downtown Richmond
Downtown Richmond's housing consists of 3,544 units, with 7.5% being detached single-family homes ideal for those wanting space. Attached options, including duplexes and townhouses, make up 8.3% and offer a more compact, shared living style. Then there are the multifamily buildings in the area, and for those seeking flexibility, non-traditional options like mobile homes account for 0.4% of the housing landscape.
The age of buildings in Downtown Richmond
In Downtown Richmond, the median construction year is 1947. About 42.1% of homes were built before the 1940s, with another 10.6% going up by 1949. Most development happened in the second half of the 20th century. Then, 10.4% of homes were added from 2000 to 2009, 11% between 2010 and 2019, and 1.6% are part of the newest wave of development.
Downtown Richmond occupancy rates
Out of the 3,037 occupied housing units in Downtown Richmond, 15.3% are owner-occupied, while 84.7% are lived in by tenants. Meanwhile, 14.3% of all homes on the local market sit vacant.
Downtown Richmond housing costs
Housing costs in Downtown Richmond come to a median of $1,548 per month, while tenants specifically pay a median gross rent of $1,498.
Education in Downtown Richmond
Downtown Richmond education at a glance
About 16.4% of the population in Downtown Richmond went to high school, while 20.3% pursued college studies. Another 6.5% earned an associate degree and 34.4% hold a bachelor’s. Meanwhile, 20.3% went even further, earning a master’s or doctorate.
Income in Downtown Richmond
How much people earn in Downtown Richmond
The average annual household income in Downtown Richmond was $74,404 in 2024, the most recent annual data available, according to the U.S. Census Bureau. This marked a +2.9% change from the previous year. At the same time, the median income stood at $59,444, reflecting a -0.3% shift over the same period.
Downtown Richmond income by age
In Downtown Richmond, households led by residents aged 25 to 44 — usually in the early to mid stages of their careers — have a median income of $68,633. Those with someone between 45 and 64 in charge, often well established professionally, earn $59,545 overall. Younger households, where the main provider is under 25 and just starting out, report a median income of $22,167, while those led by someone over 65, many of whom may be retired, have about $62,280 in earnings. Overall, 76.5% of the locals in this community live above the poverty line.
Employment in Downtown Richmond
Workforce and job types in Downtown Richmond
95.2% of the working population are employed in professional or administrative positions, while 4.8% are in hands-on or service-based jobs. Also, 8.1% run their own businesses, 62.1% are employed by private companies, and 18.5% work in the public sector.
Workforce demographics
Transportation in Downtown Richmond
How people get around in Downtown Richmond
Commuting methods vary: 59.8% of residents travel by personal vehicle and 35.6% prefer to walk, while the remaining share relies on public transit or on two wheelers to get from A to B.
What is the median and average household income in Downtown Richmond by zipcode?
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FAQs about Downtown Richmond demographics
What is the total population of Downtown Richmond?
What is the gender ratio in Downtown Richmond?
- 49% males (2,344 residents)
- 51% females (2,445 residents)
What is the median age in Downtown Richmond?
What is the age distribution of the population in Downtown Richmond?
- Under 15: 7.6% (366 residents)
- Ages 15-24: 17.9% (859 residents)
- Ages 25-44: 46.9% (2,246 residents)
- Ages 45-64: 18.3% (876 residents)
- Over 65: 9.2% (441 residents)
What is the racial and ethnic makeup of Downtown Richmond?
- White: 56.8% (2,718 residents)
- Black or African American: 28% (1,342 residents)
- American Indian and Alaska Native: 0% (2 residents)
- Asian: 5.1% (244 residents)
- Native Hawaiian and Other Pacific Islander: 0% ( residents)
- Two or More Races: 8.7% (415 residents)
- Other: 1.4% (68 residents)
What percentage of the population in Downtown Richmond are U.S.-born citizens?
How many housing units are there in Downtown Richmond?
How many households are in Downtown Richmond and what is the average household size?
What is the median household income in Downtown Richmond?
What is the job market overview for Downtown Richmond?
Job types:
- White-collar workers: 95.2% (3,102 residents)
- Blue-collar workers: 4.8% (158 residents)
Places of employment:
- Self-employed: 8.1% (265 residents)
- Private companies: 62.1% (2,025 residents)
- Governmental workers: 18.5% (603 residents)
- Not-for-profit companies: 11.3% (367 residents)
Data source & methodology
The demographic data on this page was sourced from the latest U.S. Census Bureau release—the 2019–2023 American Community Survey (ACS) 5-year estimates.
The information, issued annually, is compiled and published by the Point2Homes Research Team as soon as new data becomes available.
No representation, guarantee, or warranty is made concerning the accuracy or completeness of modified or aggregated information for particular areas.