Colonial Place Richmond, VA Overview

Summary

Population Growth (since 2000)7%
Population Density (ppl / mile)4,884.10
Household Size (ppl)2
Households w/ Children17%

Housing Stability

Annual Residential Turnover22%
5+ Years in Residency40%
Median Year in Residency3.79

Housing Inventory

Colonial Place Richmond, VA Housing Inventory 1,5442735471,544273

Market Overview

26 listings with an estimated median price of $719,475

PriceCount
$400K - 500K1
$500K - 600K5
$600K - 700K5
$700K - 800K7
$800K - 900K7
$900K - 1M1
Property TypeCount
Single Family14
Townhouse12

(Data as of 4/26/2024)

Population Demographics

The population of the community broken down by age group. The numbers at the top of each bar indicate the number of people in the age bracket below.

Colonial Place Richmond, VA Population Demographics

Total: 4,541

Households:2,091

Median Age: 37.11

Climate and Weather

The Temperature chart displays average high and low values for January and July, and is designed to provide an indication of both seasonal and daily temperature variability. The Weather Risk Index indicates the calculated risk of each type of weather event occurring in the future. This risk is based on historical localized storm events and weather patterns. The national average for each type of weather event equals a score of 100, so a score of 200 would represent twice the risk as the national average, and a score of 50 would represent half the risk of the national average.

Temperature (degrees F)

Colonial Place Richmond, VA Temperature

Weather Risk

Colonial Place Richmond, VA Weather Risk

Education

The Community Educational Index chart is based on the U.S. Census Bureau's Socioeconomic Status (SES) elements. Factors used in creating the index below are income, educational achievement, and occupation of persons within the selected ZIP code. Since this index is based on the population of an entire Zip code, it may not reflect the nature of an individual school.

Education Climate Index

Colonial Place Richmond, VA Education Climate Index

Highest Education Level Attained

Colonial Place Richmond, VA Highest Education Level Attained 46418445089369181,38746418445089369181,387

Employment and Finance

Workforce

Colonial Place Richmond, VA Workforce

Income by dollar range (Median Income: $75,307)

Colonial Place Richmond, VA Income by dollar range 482641811159099144126120219320208136151637033

Fair Market Rents

The Fair Market Rents show average gross rent estimates based on figures provided by the U.S. Department of Housing and Urban Development (HUD).

Studio
$903
One Bedroom
$979
Two Bedroom
$1,094
Three Bedroom
$1,459
Four Bedroom
$1,743

Smoking Ban

The Smoking Ban data indicates whether an area has a smoking ban in place for workplaces, restaurants or bars. This information represents that of the search area and may not reflect that of the whole County or State.

Workplaces
No
Restaurants
No
Bars
No

Crime

The Crime Index compares the risk or probability of future occurrence of certain types of crime in this community as compared to the national average. The national average for each type of crime equals a score of 1.0, so a score of 2.0 would represent twice the risk as the national average, and a score of 0.50 would represent half the risk of the national average.

Colonial Place Richmond, VA Crime

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