Best Places to Live in Richmond Metro

Richmond metro's member places split between the capital city's own government/university/corporate economy, Henrico's schools-and-corporate-HQ suburban belt, Chesterfield's Midlothian brand, Hanover's Ashland, and the more affordable, historically dense Tri-Cities south of the James.

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The City: Government, VCU, and a Growing Corporate Sector

Richmond itself is the pick for buyers drawn to state-government employment (over 1,000 state jobs listed in the city alone, averaging $111,380/year), VCU and VCU Health's massive economic footprint ($15.8 billion within the metro), or the city's genuinely growing finance/business sector (Dominion Energy's headquarters, Capital One's West Creek campus, CoStar Group's incoming ~3,500-employee operations HQ) -- alongside real, current, and ongoing public conversation about the city's Confederate-capital and slave-market history.

Suburban Schools and Corporate Employment

Short Pump and Glen Allen are the clearest picks for buyers prioritizing top-ranked Henrico schools (Deep Run High School, Niche-ranked #1 among the county's public high schools) and direct access to major employment centers -- Innsbrook Corporate Center in Glen Allen alone hosts 22,000 employees, and Henrico's own economic development office cites six Fortune 1000 headquarters countywide, including Altria Group. Midlothian offers the same schools-and-master-planned-community logic in Chesterfield County, anchored by long-established communities like Brandermill and Woodlake.

Affordability and Small-Town Character South of the James

Petersburg, Colonial Heights, and Hopewell are this region's clearest affordability picks, each with its own distinct character: Petersburg carries genuinely deep Civil War and architectural history (seven locally designated historic districts) alongside real, current revitalization efforts; Colonial Heights centers on Southpark Mall retail; Hopewell's identity is honestly industrial (a chemical-manufacturing employment base, including the historically significant 1975 Kepone environmental disaster). Ashland, Hanover County's only incorporated town, offers a genuinely different small-town option built around Randolph-Macon College and a literal working railroad through downtown.

Key takeaways

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Read the full Richmond Metro overview for the complete picture, including every city and town we've researched in the area.

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Last reviewed: 2026-08-25. Independent research; not financial, tax, or legal advice -- confirm current figures with a local professional before making a decision.