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Zip 23220 (Richmond, VA) Economy


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United States / / / Richmond (zip 23220)
Richmond, VA 23220 offers an affordable cost of living for those looking to relocate. The average 2 Bedroom rent is $1,530 while the average US rent for a 2 bedroom is $1,430. In addition, the Grocery Cost Index in Richmond is 101 compared to 100 in the US. Local companies like Richmond-based SunTrust Bank offer financial services like investing advice and mortgages. Other local companies include Richmond-based VCU Health, which provides healthcare services such as primary care and specialty care; Richmond-based Dominion Energy, which provides energy solutions such as solar power and natural gas; and Richmond-based Capital One, which provides banking services including online banking and credit cards. All these companies provide reliable services to the people of Richmond, VA 23220.

Richmond (zip 23220) has an unemployment rate of 7.1%. The US average is 6.0%.

Richmond (zip 23220) has seen the job market decrease by -5.6% over the last year. Future job growth over the next ten years is predicted to be 37.1%, which is higher than the US average of 33.5%.

Tax Rates for Richmond (zip 23220)
- The Sales Tax Rate for Richmond (zip 23220) is 5.3%. The US average is 7.3%.
- The Income Tax Rate for Richmond (zip 23220) is 5.8%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing 黑料社区.

Income and Salaries for Richmond (zip 23220)
- The average income of a Richmond (zip 23220) resident is $37,186 a year. The US average is $37,638 a year.
- The Median household income of a Richmond (zip 23220) resident is $47,532 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyRichmond, VirginiaUnited States
    Unlock6
    Unlock-6.2%
    Unlock33.5%
    Unlock6.2%
    Unlock4.6%
    Unlock$37,638
    Unlock$69,021
    Unlock$85,028
  Population by Occupation
    Unlock1.2%
    Unlock0.5%
    Unlock6.8%
    Unlock10.0%
    Unlock2.5%
    Unlock11.0%
    Unlock4.8%
    Unlock0.8%
    Unlock1.9%
    Unlock4.7%
    Unlock1.9%
    Unlock7.6%
    Unlock0.1%
    Unlock4.2%
    Unlock9.3%
    Unlock14.0%
    Unlock2.1%
    Unlock7.0%
    Unlock4.8%
    Unlock4.7%
Reviews for Richmond
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Over 19 years ago

An up and Coming neighborhood. Ecclectic. Students, artists, families, black & white. Not the safest,but I walk my dog here all the time and I have never been  More

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