Metropolitan statistical area
Richmond
VA · 1.34M residents · CBSA 40060
Total wealth · absolute mobility 26th percentile nationally
Higher is better.
Share: County-by-county total wealth on absolute mobility. Color shows each county's position
on the national distribution
(how to read the map).
The five lenses at a glance
Each row shows where Richmond sits on the national distribution for one
economic concept across all three mobility measures.
Total income
All income a person receives, including wages and transfers.
α Absolute mobility 25th percentile
this county national median
28.25 — Higher means children who started at the bottom reach a higher rank on average.
β Persistence 78th percentile
this county national median
0.37 — Higher means rank sticks across generations — less mobility.
δ Extensive margin 81st percentile
this county national median
The gap for children whose parents had zero of the resource vs. the lowest positive amount.
Labor income
Income earned from work (wages and salaries).
α Absolute mobility 30th percentile
this county national median
33.75 — Higher means children who started at the bottom reach a higher rank on average.
β Persistence 75th percentile
this county national median
0.36 — Higher means rank sticks across generations — less mobility.
δ Extensive margin 91st percentile
this county national median
13.21 — The gap for children whose parents had zero of the resource vs. the lowest positive amount.
Homeownership
The probability of owning a home (the extensive margin of housing wealth).
α Absolute mobility 2nd percentile
this county national median
44.99 — Higher means children who started at the bottom reach a higher rank on average.
β Persistence 96th percentile
this county national median
0.55 — Higher means rank sticks across generations — less mobility.
δ Extensive margin 86th percentile
this county national median
-4.91 — The gap for children whose parents had zero of the resource vs. the lowest positive amount.
Housing wealth
The value of housing assets a person holds.
α Absolute mobility 28th percentile
this county national median
35.39 — Higher means children who started at the bottom reach a higher rank on average.
β Persistence 87th percentile
this county national median
0.43 — Higher means rank sticks across generations — less mobility.
δ Extensive margin 92nd percentile
this county national median
1.90 — The gap for children whose parents had zero of the resource vs. the lowest positive amount.
Total wealth
The total value of all assets a person holds.
α Absolute mobility 25th percentile
this county national median
35.26 — Higher means children who started at the bottom reach a higher rank on average.
β Persistence 89th percentile
this county national median
0.38 — Higher means rank sticks across generations — less mobility.
δ Extensive margin 87th percentile
this county national median
8.75 — The gap for children whose parents had zero of the resource vs. the lowest positive amount.
Constituent counties (17)
Raw α / β / δ values for total wealth across each county in the metro.
| County | State | α (absolute mobility) | β (persistence) | δ (extensive margin) | n |
|---|
| Amelia | VA | 35.42 | 0.355 | 7.68 | 100 |
| Charles City | VA | — | — | — | 100 |
| Chesterfield | VA | 38.23 | 0.364 | 7.42 | 2800 |
| Colonial Heights | VA | 43.25 | 0.298 | 4.75 | 200 |
| Dinwiddie | VA | — | — | — | 200 |
| Goochland | VA | — | — | — | 150 |
| Hanover | VA | 38.99 | 0.360 | 9.44 | 850 |
| Henrico | VA | 34.99 | 0.424 | 10.90 | 2100 |
| Hopewell | VA | 30.98 | 0.345 | 7.62 | 200 |
| King and Queen | VA | 31.30 | 0.347 | 13.72 | 60 |
| King William | VA | 34.69 | 0.363 | 7.78 | 150 |
| New Kent | VA | 43.58 | 0.272 | 10.69 | 150 |
| Petersburg | VA | 23.97 | 0.387 | 4.72 | 250 |
| Powhatan | VA | 41.61 | 0.286 | 6.65 | 150 |
| Prince George | VA | 37.44 | 0.303 | 13.12 | 300 |
| Richmond | VA | 25.57 | 0.453 | 7.82 | 1200 |
| Sussex | VA | 36.65 | 0.318 | 11.39 | 150 |