Richmond is a city in California state in USA with a population of 110051 residents.. The poverty rate of Richmond is 13.9%, which is 1% lower than national average. The typical household in Richmond earns $72463 a year, compared to the national median of $67,500. Nearly 34.2% of households earn less than $50,000 a year compared to 39% national rate.

A high school education is a basic prerequisite for most jobs, and in Richmond, only 78% of adults have a high school diploma, compared to the 87.7% of adults nationwide. The unemployment rate of Richmond remained 6.3%, which is 34% higher than national rate. Nearly 1 times comparable to 4.7% national rate, according to the Census. Higher educational attainment can lead to improved job security and reduce the likelihood of financial insecurity. In Richmond, only 30% of adults have a bachelor's degree and 28% have some college but no degree.

Cost of living in Richmond is 137, which is 37% higher than national average. Median home value in Richmond is $505800 , which is 120% higher than national average. While median income in Richmond remained $72463, which is 7% higher than national average. Not only are incomes low in the town, but it also has a high cost of living, meaning a dollar does not go as far as it might elsewhere.