Richmond Demographics

income by County	Median Household	Median Index	Per Capita	Average Household
Chesterfield	$46,986.00	127	$18,145.00	$51,349.00
Hanover	$47,709.00	129	$18,983.00	$52,077.00
Henrico	$40,113.00	108	$19,614.00	$47,382.00
Richmond City	$28,974.00	78	$16,514.00	$38,744.00

 

population	1990	% Change 80-90	1997	2002 Proj.	% Change 97-02
Chesterfield	209,274	48.0%	245,964	267,503	8.1%
Hanover	63,306	25.6%	78,444	88,850	13.3%
Henrico	217,881	20.6%	234,252	242,174	3.4%
Richmond City	203,056	(7.4%)	197,862	195,457	(1.2%)
Greater Richmond	693,517	17.2%	756,522	793,984	5.0%
Richmond-Petersburg MSA	865,640	13.7%	942,716	990,339	5.1%
Virginia	6,187,358	15.7%	6,728,895	7,068,969	5.1%

1997 average home prices

*	Average Richmond-area single family home price:	$120,101 - $144,466
*	Average price of new home in the Counties (Chesterfield, Hanover, Henrico)	$176,869

1997 average apartment rental prices

*	Average price for a one-bedroom unit	$583
*	Average price for a two-bedroom unit	$628
*	Average price for a three-bedroom unit	$735

 

historical employment richmond-petersburg (in thousands)	1990	1997	% Change
All Industries	474.7	518.5	9.2%
	----------	----------	----------
Mining & Construction	31.7	34.0	7.3%
	----------	----------	----------
Manufacturing	65.0	61.1	(6.0%)
- Durable	20.1	21.3	6.0%
- Non-Durable	44.9	39.8	(11.4%)
	----------	----------	----------
Transportation, Communication & Public Utilities	24.2	25.8	6.6%
	----------	----------	----------
Trade	109.1	123.3	13.0%
	----------	----------	----------
Finance, Insurance & Real Estate	39.7	44.4	11.8%
	----------	----------	----------
Services	107.9	128.1	18.7%
	----------	----------	----------
Government	97.1	97.7	0.6%
- Federal	16.9	15.9	(5.9%)
- State	42.0	38.1	(9.3%)
- Local	38.2	43.7	14.4%

 

fortune 500 companies headquartered in greater richmond	Industry	Revenue in millions	Rank	Previous Ranking
CSX	Transportation	$10,621.0	147	130
Dominion Resources	Electric & Gas Utilities	$7,677.6	201	292
Circuit City Stores	Specialty Retailers	$7,663.8	202	204
Reynolds Metals	Metals	$6,900.0	229	205
Universal	Tobacco	$4,112.7	358	379
Richfood Holdings	Wholesalers	$3,411.6	420	414
Pittston	Mail, Package & Freight	$3,395.6	424	434
Owens & Minor	Wholesalers	$3,116.8	462	449

 

fortune 1,000 companies headquartered in greater richmond	Industry	Revenue in millions	Rank	Previous Ranking
Trigon Healthcare	Health Care	$2,064.0	608	NR
Crestar Financial Corp.	Commercial Banks	$1,997.0	618	630
Heilig-Meyers	Specialty Retailers	$1,593.0	746	802
Ethyl Corp.	Chemicals	$1,064.0	987	889

 

top ten major private employers	Principle Business	# of Employees
Philip Morris USA	Tobacco	8,000
Circuit City Group, Inc.	Retail electronics	5,659
Columbia/HCA Healthcare Corp.	Hospitals	4,414
Capital One Financial Corp.	Diversified financial services	4,073
Dominion Resources	Electric utility	4,069
Crestar Financial Corp.	Banking	3,938
Ukrop's Super Markets Inc.	Retail grocery	3,722
Bon Secours-Richmond Health System	Hospitals	3,452
Allied Signal Inc.	Fibers/chemicals	3,400
E. I. DuPont de Nemours & Co., Inc.	Fibers	3,300