Richmond

The facts:

• $318,500:  Price of the median single-family home sold last year
• $2,543:  Typical monthly payment for that house (including principal, interest, taxes and insurance)
• $101,717:  The income you need to afford that house
• *$1,172:  Average rent for a 2-bedroom apartment
• $46,880:  The income you need to afford that apartment
• $26,855:  Average annual wage in Richmond***
• 99:  Households in Richmond paying more than half their income for housing
• 66 (2.55%):  Housing units that qualify as affordable

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