Richmond, California is a part of the West Contra Costa Submarket submarket area, and contains 7 zip codes, including: 94805, 94807, 94808, 94802, 94804, and 94850.
The 2019 average effective rent for Class A, B, and C apartments in the Richmond, CA submarket area was $2,228, which is 28.86% higher than 2014 average rent. This represents a compounded annual growth rate of 5.20%. 2019 vacancy in Richmond, CA was 2.70%.
The total population of the city of Richmond, CA has grown 6.21% since 2010. As of 2018, the population was 110,146. The median household income of the Richmond was $64,575, which is 7.10% higher than the national average.