Area Insights of Richmond, CA

Stay ahead with market trends and local insights that matter.

Demand Insights

The market shows moderate activity with a price ratio of 1%, reflecting steady buyer interest. A total of 400 homes were sold with 70 properties undergoing price cuts. Leverage these insights to assess market conditions and plan your next move.

Location

Richmond, CA

Date

04-02-2023

Price Ratio

105%

Schools

Choosing the right school is crucial for your child's education. Compare ratings, distance, and academic offerings across elementary, middle and high schools to make a well-informed decision.

Elementary School

Crestmont School

KG to 8

St David School

PK to 8

Middle School

Richmond Charter Academy

6 to 8

Ratings

D-

Manzanita Middle School

6 to 8

Ratings

D+

DeJean Middle School

7 to 8

Ratings

D

High School

John Henry High School

9 to 12

Ratings

C-

Leadership Public Schools: Richmond

9 to 12

Ratings

B-

Greenwood Academy

9 to 12

Ratings

F

Kennedy High School

9 to 12

Ratings

D

Climate

Weather plays a crucial role in real estate decisions. Consider environmental factors like flood risks, wildfire hazards, extreme heat, and other climate conditions for a well-informed choice.

Weather Indices
Scaled to National average of 100 for each category.
Temperature

Demographics

Stay ahead with insights on population dynamics, income levels and employment patterns. These data points are key indicators of demand and future growth.

Population

With a steadily growing population, the area offers a vibrant community atmosphere. Current data indicates a population increase of 8% since 2010, reflecting rising demand for housing and local amenities. This trend highlights the area's potential for continued development and long-term residential appeal.

Population (93,898)
45,484 Male
48,414 Female
Education
21% High School
7% Associate
18% Bachelor
12% Graduate
Age

Average Age is 35 Years

Household Details

The area's household landscape is diverse, with 52% owner-occupied homes and 48% renter-occupied properties. Family households represent 67% of the population, indicating a strong community focus on family living. The average home value stands at $629,342, which suggests ample demand for multi-bedroom properties.

Total Households
32,001
Average home value
$629,342
Owned
52%
Rented
48%
Vacant
4%
Families
67%
Married
43%
With children
39%

Racial Diversity

The area's community showcases a dynamic blend of cultures, contributing to a rich and inclusive environment. Demographic data highlights a diverse composition, with 12% Asian, 17% Black, and 2% Native residents, alongside 20% White and 51% Hispanic/Other populations. This multicultural landscape offers residents a vibrant and culturally enriched living experience.

Income

The area reflects a well-distributed income pattern with approximately 37% of households earning over $100,000 annually, while 29% fall within the $50,000 to $100,000 range. The median income stands at $75,000, signalling a financially stable community with growth potential.

Employment

The area has a diverse workforce with employment spanning across sectors like technology, healthcare, education, and retail. Below is the percentage of residents employed across various industries, highlighting the region's balanced and dynamic economic landscape.

% of People are working in various industries.

Arts
2%
Healthcare
12%
Professional
7%
Education
10%
Services
30%
Labor
16%
Retail
12%
Other
11%
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