As the Richmond, VA, metro area sees its population increase, the city of Richmond can take some of the credit. Reversing years of declines, Richmond is witnessing a surge in population.
The U.S. Census Bureau says Richmond’s population climbed from 204,175 in April 2010 to 220,289 in July 2015, a 7.9 percent jump.
Hamilton Lombard, a demographics research specialist at the University of Virginia’s Weldon Cooper Center for Public Service, says Richmond is among several Virginia cities that have “had a remarkable turnaround after three or four decades of decline or negligible growth. … They are now growing faster than their neighboring counties.”
In tandem with that growth, the Richmond area is experiencing somewhat of a boom in home construction. In December 2015, officials in the Richmond area issued 842 residential building permits, according to the Federal Reserve Economic Data website. That represents the highest one-month total for residential building permits since May 2007.
Given the population and home construction spikes in the Richmond area, LawnStarter decided to put together an overview of the region’s home market. The infographic below shows what we learned.
If you’re an Richmond resident looking for lawn service, check out our Richmond lawn care page to see how easy it is to schedule service for your home.