Metro Pulse Report

Richmond, VA

→StableMarch 2026

Population Δ % (5yr)

—

Source: Census ACS

Home Price Δ % YoY

—

Source: FHFA HPI

Median HH Income

—

Source: Census ACS

Median Gross Rent

—

Source: Census ACS

GDP Growth

+3%

Source: BEA RGDP

Employment Growth

+2.2%

Source: BLS QCEW

Avg Weekly Wage

$1,240

Source: BLS QCEW

Metro Population

1.3M

Source: Census ACS

Axiom Signal Scores

Analyst+

Composite signal groups derived from >50 public + proprietary data sources, normalized 0–100 across all US metros.

Business Vitality68/100 — Active

Population Momentum62/100 — Growing

Demographics66/100 — Favorable

Economic Strength66/100 — Solid

Development Pipeline64/100 — Active

Accessibility52/100 — Connected

Safety & Environment58/100 — Low Risk

Amenity Demand70/100 — Well-Served

Metro composite average:63/100

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Top Neighborhoods by Axiom Score

Analyst+

Highest-scoring micro-markets within Richmond, VA.

1Scott's Addition

2Locked

3Locked

4Locked

5Locked

Market Analysis

Data-driven narrative for Richmond, VA — March 2026.

Richmond's state government anchor provides employment stability while its craft beverage and creative economy drive neighborhood-level transformation. Scott's Addition has emerged as a national model for adaptive reuse — former industrial buildings now host breweries, restaurants, and tech startups. Proximity to D.C. supports commuter-driven population gains.

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