Places/NY/Richmond County, NY
County profile

Richmond County, NY

United States · GDP 2024
#230 of 3,127 US counties by GDPtop-quartile growthmore diversified than 33% of counties
EA Place Score
methodology in progress
GDP 2024 (USD)
$23.8B
BEA · 2024
GDP growth (YoY)
+7.2%
BEA · 2024
Jobs tracked
115,371
Census CBP · 2023
Employers
9,684
Census CBP · 2023
Avg. wage
$65.8k
BLS QCEW · 2023
Population
501,290
Census PEP · 2025
Labor, income & education
Unemployment
4.6%
Median HH income
$98.3k±$2.1k
Bachelor's degree+
35.7%±0.9%
Poverty rate
11.5%±0.6%
Business applications
6,206 · 2025
Retail establishments
1,341
26.8/10k pop

Public companies headquartered here

SEC EDGAR · FMP
CompanySectorRevenueEA
1Coffee Holding Co., Inc.Consumer Defensive$96.3M62C2Acurx Pharmaceuticals, Inc.Healthcare3ES Bancshares, Inc.Financial Services

HQ-based placement with total (global) headcount — local employment attribution needs firmographic data; the industry mix at right is measured county data (CBP).

Industry mix · employment
Health care37%
Retail trade29%
Food & accommodation11%
Construction10%
Transportation7%
Admin & support7%
share of top-6 sector employment · CBP 2023
Population & migration
Census PEP · 20202025
501,290
residents · 2025 · +1.2% since 2020
Income per capita $68.8k · BEA 2024
COMPONENTS OF CHANGE · 20212025
Domestic migration10,527
International migration+12,104
Natural change+4,401

GDP trend

20192024 · nominal
$17.7B
2019
$18.1B
2020
$19.2B
2021
$20.9B
2022
$22.2B
2023
$23.8B
2024

Real estate & risk

FHFA · ACS · FEMA
Median home value
$675.5k±$5.5k
Median gross rent
$1.7k/mo±$38/mo
Vacancy rate
7.5%±0.5%
Affordability
10.3× wages
Residential permits
$106.0M
508 units · 1.0/1k pop
FEMA risk score
91.0
HUD Fair Market Rent (2BR):$2.9k/mo · 2026
TOP PERILS · FEMA NRI
Heat wave 98Strong wind 93Earthquake 92
FHFA HOUSE PRICE INDEX · 20162025
885
2016
982
2017
1061
2018
1086
2019
1104
2020
1149
2021
1243
2022
1262
2023
1320
2024
1414
2025
RESIDENTIAL PERMITS · 20212025
64% since 2021
310
2021
895
2022
460
2023
480
2024
508
2025

Transport access

BTS · FAA · USACE
Nearest interstate
2.5 km
I-278
Nearest freight rail
3.5 km
SIRR
Nearest port
2.9 km
City of New York, Marine Unloading Plant No. 2 Dock.
Nearest commercial airport
12.0 km
NEWARK LIBERTY INTL
Wage trend
BLS QCEW · 20192023
$65.8k
avg. annual pay · +22% since 2019
The read

What is the GDP of Richmond?

Richmond's economy produced $23.8B in 2024, growing 7.2% year over yearfaster than most US counties. Its largest employment sector is health care.

GDP: BEA (2024), USD-normalized · Jobs/employers/wages & industry mix: Census CBP (2023) · Population & migration: Census PEP · Income: BEA CAINC1 · Companies: SEC EDGAR + FMP, by HQ.