Income & Economy in Richmond city, VA (23234)
Median Income
$63,630
*Adjusted for inflation (2023 dollars)
IRS Net Migration
+2,612
Wealth inflow
Population
46,284
Unemployment
6.5%
2.8pp above US avg
IRS migration statistics show a net inflow of about 2,612 for ZIP 23234 (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 23234 (2020–Present)
Since 2020, population grew 1.8%, median income rose 3.0% (inflation-adjusted), home values increased 19.5%.
Economy & Jobs key statistics
| Income & Jobs | |
|---|---|
| Median household income | $63,630 |
| Unemployment | 6.5% |
| Establishments | 642 |
| Employees | 12,194 |