Places/VA/Richmond County, VA
County profile

Richmond County, VA

United States · GDP 2024
#2548 of 3,127 US counties by GDP65th-percentile growthmore diversified than 77% of counties
EA Place Score
methodology in progress
GDP 2024 (USD)
$396.2M
BEA · 2024
GDP growth (YoY)
+5.7%
BEA · 2024
Jobs tracked
1,819
Census CBP · 2023
Employers
195
Census CBP · 2023
Avg. wage
$45.7k
BLS QCEW · 2023
Population
9,294
Census PEP · 2025
Labor, income & education
Unemployment
4.4%
Median HH income
$66.3k±$6.8k
Bachelor's degree+
16.9%±3.1%
Poverty rate
7.7%±2.9%
Business applications
90 · 2025
Retail establishments
30
32.5/10k pop

Public companies headquartered here

SEC EDGAR · FMP
CompanySectorRevenueEA

No public companies loaded for this state yet — universe expands with the full ingest.

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 care27%
Retail trade21%
Manufacturing16%
Other services13%
Food & accommodation12%
Construction11%
share of top-6 sector employment · CBP 2023
Population & migration
Census PEP · 20202025
9,294
residents · 2025 · +4.2% since 2020
Income per capita $47.4k · BEA 2024
COMPONENTS OF CHANGE · 20212025
Domestic migration+488
International migration+122
Natural change222

GDP trend

20192024 · nominal
$285.3M
2019
$309.7M
2020
$332.0M
2021
$346.6M
2022
$374.8M
2023
$396.2M
2024

Real estate & risk

FHFA · ACS · FEMA
Median home value
$231.5k±$25.5k
Median gross rent
$1.1k/mo±$58/mo
Vacancy rate
20.0%±4.2%
Affordability
5.1× wages
Residential permits
$7.6M
27 units · 2.9/1k pop
FEMA risk score
10.4
HUD Fair Market Rent (2BR):$1.2k/mo · 2026
TOP PERILS · FEMA NRI
Drought 84Hurricane 79Coastal flooding 48
FHFA HOUSE PRICE INDEX · 20162025
148
2016
151
2017
155
2018
158
2019
165
2020
180
2021
201
2022
210
2023
214
2024
250
2025
RESIDENTIAL PERMITS · 20212025
4% since 2021
26
2021
26
2022
25
2023
24
2024
27
2025

Transport access

BTS · FAA · USACE
Nearest interstate
54.5 km
I-64
Nearest freight rail
41.8 km
NS
Nearest port
11.5 km
CONTINENTAL GRAIN
Nearest commercial airport
71.3 km
RICHMOND INTL
Wage trend
BLS QCEW · 20192023
$45.7k
avg. annual pay · +17% since 2019
The read

What is the GDP of Richmond?

Richmond's economy produced $396.2M in 2024, growing 5.7% 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.