Income & Economy in Richmond city, VA (23225)
Median Income
$60,865
*Adjusted for inflation (2023 dollars)
IRS Net Migration
+2,383
Wealth inflow
Population
42,223
Unemployment
5.8%
2.1pp above US avg
IRS migration statistics show a net inflow of about 2,383 for ZIP 23225 (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 23225 (2020–Present)
Since 2020, population declined 2.8%, median income fell 5.5% (inflation-adjusted), home values increased 9.0%.
Economy & Jobs key statistics
| Income & Jobs | |
|---|---|
| Median household income | $60,865 |
| Unemployment | 5.8% |
| Establishments | 891 |
| Employees | 16,691 |