Metropolitan statistical area

Richmond

VA  · 1.34M residents  · CBSA 40060

Total wealth · absolute mobility
26th percentile nationally

Higher is better.

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
    National median: 50th percentileThis county: 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
    National median: 50th percentileThis county: 78th percentile
    this county national median

    0.37 — Higher means rank sticks across generations — less mobility.

  • δ Extensive margin 81st percentile
    National median: 50th percentileThis county: 81th 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
    National median: 50th percentileThis county: 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
    National median: 50th percentileThis county: 75th percentile
    this county national median

    0.36 — Higher means rank sticks across generations — less mobility.

  • δ Extensive margin 91st percentile
    National median: 50th percentileThis county: 91th 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
    National median: 50th percentileThis county: 2th 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
    National median: 50th percentileThis county: 96th percentile
    this county national median

    0.55 — Higher means rank sticks across generations — less mobility.

  • δ Extensive margin 86th percentile
    National median: 50th percentileThis county: 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
    National median: 50th percentileThis county: 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
    National median: 50th percentileThis county: 87th percentile
    this county national median

    0.43 — Higher means rank sticks across generations — less mobility.

  • δ Extensive margin 92nd percentile
    National median: 50th percentileThis county: 92th 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
    National median: 50th percentileThis county: 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
    National median: 50th percentileThis county: 89th percentile
    this county national median

    0.38 — Higher means rank sticks across generations — less mobility.

  • δ Extensive margin 87th percentile
    National median: 50th percentileThis county: 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.

CountyStateα (absolute mobility)β (persistence)δ (extensive margin)n
AmeliaVA35.420.3557.68100
Charles CityVA100
ChesterfieldVA38.230.3647.422800
Colonial HeightsVA43.250.2984.75200
DinwiddieVA200
GoochlandVA150
HanoverVA38.990.3609.44850
HenricoVA34.990.42410.902100
HopewellVA30.980.3457.62200
King and QueenVA31.300.34713.7260
King WilliamVA34.690.3637.78150
New KentVA43.580.27210.69150
PetersburgVA23.970.3874.72250
PowhatanVA41.610.2866.65150
Prince GeorgeVA37.440.30313.12300
RichmondVA25.570.4537.821200
SussexVA36.650.31811.39150

About the data

These estimates are small-area (Fay–Herriot) county-level mobility statistics from the working paper Lands of Opportunity (Binder, Risch & Voorheis 2026, NBER WP 35219). Metro values shown here are population-weighted means of constituent county estimates. See the methodology page for a full description, and the user guide for how to navigate the explorer.