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Museum District (Tract 040600)

Richmond, Virginia

FIPS 51760040600

Juniper

Museum District (Tract 040600) is in the lowest 2% nationally for FEMA risk score. It also sits in the highest 20% nationally for home price against income.

Median Income

$75,781

Near the U.S. tracts median
Home Price vs Incomeyears of income to buy a typical home

5.73×

Higher than 80% of U.S. tracts
FEMA Risk Score0–100; 0 = lowest modelled risk, 100 = highest, vs places of the same type

2.6

Lower than 98% of U.S. tracts

The basics

Total Population

2,087

Median Age

38.4

Population Density

17,930.3

Home values & property tax

Median Property Tax

$3,410

Property Tax Rateyearly tax as a share of home value

0.78%

Cost of living & affordability

Median Rent

$1,394

Near the U.S. tracts median

Home prices & appreciation

Pandemic Price Run-Up2019–20 low → 2022–23 peak

26%

2008 Crash: Peak-to-Trough Drophow far prices fell, 2007 → 2011

5.8%

Climate & weather

Summer Avg High (°F)

87.5

Winter Avg Low (°F)

30.5

Avg Temperature (°F)

59

Hot Days/yr (>90°F)

44.9

Freezing Days/yr (<32°F)

73.5

Annual Precipitation (in)

47.1

Annual Snowfall (in)

8.8

Flood & disaster risk

Coastal Flood Loss per $1,000

$0

The full report

Six pillars — each with percentile benchmarks, 16-year trends, and per-metric detail.

  • People

  • Work & Money

  • Housing

  • Amenities

  • Climate

  • Environment & Risk

Museum District (Tract 040600): frequently asked questions

How much is property tax in Museum District (Tract 040600)?
The median annual property tax in Museum District (Tract 040600) is $3,410, an effective rate of 0.78% of home value.
Is Museum District (Tract 040600) expensive to live in?
Homes in Museum District (Tract 040600) cost about 5.73× the median household income, higher than 80% of U.S. tracts.
What is the average rent in Museum District (Tract 040600)?
The median gross rent in Museum District (Tract 040600) is $1,394 a month, near the U.S. tracts median.
How many people live in Museum District (Tract 040600)?
Museum District (Tract 040600) has a population of 2,087, about 17,930.3 people per square mile, per the U.S. Census American Community Survey. The median age is 38.4.
What is the weather like in Museum District (Tract 040600)?
Museum District (Tract 040600) averages 59°F year-round, summer highs near 87.5°F, winter lows around 30.5°F (NOAA 1991–2020 normals). It sees about 8.8 inches of snow a year.
Is Museum District (Tract 040600) at risk of flooding or natural disasters?
Museum District (Tract 040600)'s FEMA National Risk Index score is 2.6 (lower than 98% of U.S. tracts). Its greatest modeled natural hazard is inland flooding. Modeled coastal-flood loss is negligible.

Sources: U.S. Census ACS, FEMA National Risk Index, FHFA House Price Index, OpenStreetMap contributors (ODbL), EPA. Explore the map →

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