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In 2017 local taxes alone in this city were 0.0% and Richmond was happily ranked #113 for tax burdens on large American cities. It is also worth noting that Virginia levies a mandatory 1% statewide add-on sales taxes at the local level. This tax is included in Virginia state sales tax rates. Northern Virginia and Hampton Roads have an additional 0.7% rate which is treated as a local tax.
The estimated population of Richmond City, Virginia is 204,214 with 98,349 of those people taking residence in 87,151 housing units. Richmond has around 28,548 housing units that are owned with a mortgage or a loan, 9,048 that are owned free and clear and 49,555 that are renter occupied.
Review active property listings that are eligible for USDA loans in Richmond.
According to a list of the fastest growing cities, the city of Richmond is ranked overall as number 157 in the nation. Richmond, Virginia is also ranked poorly at number 269 for the economy and number 116 for socio-demographics.
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