Home | Ask Your Question | Mortgage Glossary
Find me a lender for:  
Richmond Virginia Real Estate By Jennifer Hershey

Richmond Virginia Real Estate

Richmond, Virginia, is located in Goochland County, of , and 96 miles S of Washington, District of Columbia. Richmond has a population of 197,790.

Richmond Homes

Richmond properties pool is 84,549 residential properties including Richmond new homes. Median age of real estate in Richmond is 1955. Average Household size is 2.95 people. 2% are one bedroom homes, 24% are 2 bedroom homes, 47% are 3 bedroom homes, 21% are 4 bedroom homes, and 5% are 5+ bedroom homes.

Richmond Mortgage Statistics

Richmond mortgages vs. USA median statistics

Homes Richmond USA
Homes With No Mortgage 28%
30%
Homes With Mortgage 72%
70%
First Mortgage Only 54%
54%
First & Second Mortgage or HELOC 18%
16%

Richmond Area Real Estate Tax

Richmond Real estate Tax: Median Real Estate Taxes (2000) were $1,108 comparing to 1999 Median Family income $ 38,348. Compare to USA median yearly Real Estate Tax $1,300 and USA median Family Income $42,000 (1999).

Richmond School District: Children make up 21.8% of Richmond population. Richmond has 43,178 under 18 years old residents, or 0.49 kids per one worker, or 0.51 kids per one household.

Richmond Real Estate & Richmond Homeownership

There are 32128.62 or 38% one person households, 27055.68 or 32% two person households, and 12682.35 or 15% three person households in Richmond, Virginia. Median residents age is 33.9, Senior citizens (65+) make up 26,129 or 13.2%% of Richmond population.

There are 88,924 workers (over 16 years of age) in Richmond. Of these, 83.11% drive to work. Approximately 8.27% of workers in Richmond take public transportation. An estimated 4.43% walk to work.

Median Richmond homeowner's housing expences are 19.7%

Crime in Richmond (2003), crimes per 10,000 residents per year

Type of Crime Richmond USA, 2003
Violent Crimes
125.08
47.5
Robberies
59.36
14.2
Aggravated Assaults
56.07
29.5
Property Crimes
NaN
358.8
Burglaries
142.37
74.0
Larceny-Thefts
NaN
241.5
Motor Vehicle Thefts
137.06
43.3

Invest in Richmond Properties

When making a decision about buying real estate in Richmond Virginia area, you should consider following statistical data:

Category Richmond USA
Near Medium City
-
Near Large City
Washington, District of Columbia
-
Richmond Zip Codes
23219, 23220, 23221, 23222, 23223, 23224, 23225, 23226, 23227, 23228, 23229, 23230, 23231, 23232, 23233, 23234, 23235, 23236, 23237, 23238, 23249, 23250, 23294, 23298
-
Richmond Area Codes
804
-
White population
38.3%
75.1%
African-American population
57.19%
12.3%
Asian
1.25%
3.6%
American Indian & Alaskan
0.24%
0.9%
Hispanic (of any race)
2.57%
12.5%
Median Family Income (1999)
$ 38,348%
$42,000
Population Below Poverty Level
20.32%
12.4%

Richmond Virginia Real Estate page will be updated soon. Bookmark this page and come back later to review:

Richmond Real Estate For Sale

Richmond Rental Real Estate

Richmond Real Estate Agency

Richmond Real Estate Investors

 




See Also:

Reinventing Real Estate, Part 1: Online and Empowered Consumers Are Taking Charge and Paying Less
For decades, the real estate world turned in a predictable manner. The roles of buyers, sellers and real estate professionals were fairly well defined and transactions followed a predictable path of yard signs, newspaper ads, open houses and miles of paperwork.Recently, online and empowered ... more...

Successful Real Estate Investing
One of the best roads to wealth in America has always been the acclimation and development of good, solid, income-producing real estate. Real estate ownership is one of the best ways to achieve financial independence for the average person. But in order to be a successful real estate investor, you ... more...

Real Estate Investing The Job Escape
Real estate investing is pretty unusual in lots of ways. Real estate investing is creative. Real estate investing is risk-taking excitement. Real estate investing is diverse activity. Most of all, real estate investing is very profitable.I'll never forget the words of one of my professors who said, ... more...

Investing In Real Estate Investors
With the never-ending changes in our Real Estate Markets real estate professionals are starting to pay attention to the sound of new commission streams of income. Some realtors have either shied away or ran-away from such terms as Cap Rate, & Cash-on-Cash Returns. Terms that only the smart and ... more...


More on real estate...

Search More Info On:

  • Real Estate
  • Virginia
  • Washington
  • Real Estate Tax
  • Mortgage
  • Mortgage Tax
  •  

    Shop For Your Mortgage Now!
    Shop For Your Mortgage Now!

    You'll be re-directed to Top-Lenders.com

    Want to Know Your Rate?
    Get Customized Mortgage Quote Instantly

     
    ExplainingMortgages © 2005 - 2009