Income & Economy in Richmond city, VA (23221)
Median Income
$97,006
*Adjusted for inflation (2023 dollars)
IRS Net Migration
+800
Wealth inflow
Population
14,180
Unemployment
2.2%
1.5pp below US avg
IRS migration statistics show a net inflow of about 800 for ZIP 23221 (Richmond city, VA) on US5’s published series — a signal of people/tax filers moving in relative to those leaving. Inflows often track job growth, housing demand, or lifestyle migration; treat the figure as a directional indicator rather than a precise headcount.
Historical Trends in 23221 (2020–Present)
Since 2020, population declined 3.0%, median income fell 1.1% (inflation-adjusted), home values increased 5.9%.
Economy & Jobs key statistics
| Income & Jobs | |
|---|---|
| Median household income | $97,006 |
| Unemployment | 2.2% |
| Establishments | 453 |
| Employees | 4,142 |