How America Moves

Richmond city, VA

Migration of people and income, 2022–2023 filing years

Between the 2022 and 2023 filing years, Richmond city, VA saw a net gain of 620 tax-filing households and a net loss of 737 individuals. On net, the area lost $83.5M in associated adjusted gross income (AGI, nominal dollars). The largest inflow came from Henrico County; the largest outflow went to Henrico County. These figures cover federal income tax filers only and do not indicate why people moved.

Net income (AGI)
-$83.5M
nominal dollars
Net households
+620
tax returns
Net people
-737
exemptions

Income (AGI) in and out

Moved in$766.1M
Moved out$849.5M
Net -$83.5M (nominal)

Where movers came from

  1. 1Henrico County, VA2,521$145.6M
  2. 2Chesterfield County, VA2,108$103.1M
  3. 3Fairfax County, VA443$25.8M
  4. 4Hanover County, VA345$19.5M
  5. 5District of Columbia, DC195$21.4M
  6. 6Loudoun County, VA161$11.2M
  7. 7Prince William County, VA158$5.9M
  8. 8Virginia Beach city, VA155$6.9M
  9. 9Arlington County, VA151$13.8M
  10. 10Albemarle County, VA145$12.8M

Where movers went

  1. 1Henrico County, VA3,409$239.0M
  2. 2Chesterfield County, VA2,452$145.6M
  3. 3Hanover County, VA309$21.6M
  4. 4Petersburg city, VA228$7.9M
  5. 5Fairfax County, VA221$18.8M
  6. 6District of Columbia, DC121$9.6M
  7. 7Virginia Beach city, VA116$9.0M
  8. 8Goochland County, VA111$16.6M
  9. 9Hopewell city, VA105$4.3M
  10. 10Kings County, NY95$5.6M

Net migration by year

Net 2012–2023: -$587.9M (-19,203 people)
20122023
Net AGI and net people by year (nominal dollars)
YearNet AGINet people
2012-$29.9M-761
2013-$11.8M-1,261
2014-$31.4M-1,195
2015+$73.3M+1,765
2016-$38.4M-1,439
2017-$118.7M-3,741
2018-$25.2M-1,803
2019+$11.0M-2,207
2020-$128.7M-3,277
2021-$133.3M-2,664
2022-$71.3M-1,883
2023-$83.5M-737

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Source: IRS Statistics of Income migration data (public domain). Covers federal income tax filers only; AGI is nominal (not inflation adjusted). These numbers describe movement of filers and their reported income, not why people moved or economic loss. Methodology and caveats.