Who Should / Shouldn’t Move to Richmond

Richmond fits a specific kind of mover well: someone prioritizing a genuinely diversified career base (state government, VCU/VCU Health, or a growing finance/business sector), meaningfully more affordable housing than several peer metros, and real, walkable historic neighborhoods -- who can accept a real, disclosed property-crime concern and the highest real estate tax rate among core Richmond-region jurisdictions.

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State-Government and Public-Sector Career Seekers

Richmond's genuine, real state-government employment base -- 1,000+ state-government job listings averaging $111,380/year as of mid-2026, with the Virginia Employment Commission itself headquartered in the city -- gives Richmond a distinct advantage for anyone specifically seeking a Virginia state-government career, an advantage not shared to the same degree by other Virginia metros.

Healthcare, Research, and Education Professionals

VCU and VCU Health's genuinely large economic footprint ($15.8 billion regional impact, roughly 1 in 12 Richmond-metro jobs) and VCU Medical Center's sustained #1-in-Virginia hospital ranking (16 consecutive years locally) give Richmond real, verifiable opportunity for healthcare, research, and education professionals specifically.

Finance and Proptech Professionals

Richmond's real, growing finance/business sector -- Dominion Energy's actual Richmond headquarters, Capital One's large West Creek campus, and CoStar Group's new ~1-million-square-foot Richmond global operations HQ (completing spring 2026, ~3,500 employees, plus ~1,000 additional 2025 hires) -- gives Richmond genuine, current opportunity for finance and proptech professionals specifically, distinct from the state-government and higher-ed pillars.

Buyers and Renters Prioritizing Comparative Affordability With Real Urban Character

Richmond genuinely suits movers who want meaningfully more affordable housing than several other major metros ($387K-$395K median sale price vs. Denver's $612K-$640K, for instance) without giving up real urban walkability -- The Fan District, Church Hill, and Scott's Addition all offer genuine historic or creative-district character with Walk Scores in the 82-93 range.

People Comfortable With a Real, Disclosed Trade-off on Safety and Cost

Because Richmond's crime data carries a real, disclosed tension (violent crime below the national average, property crime a real 80.6% above it) and its real estate tax rate is the highest among core Richmond-region jurisdictions, Richmond rewards movers willing to research a specific neighborhood's crime profile and factor the city-vs-suburb tax gap into their housing decision -- rather than assuming uniform safety or uniform tax rates across "Greater Richmond."

Key takeaways

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Last reviewed: 2026-08-24. Independent research; not financial, tax, or legal advice -- confirm current figures with a local professional before making a decision.