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Museum District (Tract 050100)

Richmond, Virginia

FIPS 51760050100

Juniper

Museum District (Tract 050100) is in the lowest 11% nationally for FEMA risk score. It also sits in the highest 16% nationally for home price against income. And it sits in the highest 22% nationally for typical home value.

Typical Home Valuemedian home value (ACS), re-priced to today on the FHFA index

$597,028

Higher than 78% of U.S. tracts
Home Price Growth, Past Five Years

53%

Near the U.S. tracts median
FEMA Risk Score0–100; 0 = lowest modelled risk, 100 = highest, vs places of the same type

11.2

Lower than 89% of U.S. tracts

The basics

Total Population

3,230

Median Age

37.6

Population Density

4,969.6

Home values & property tax

Median Property Tax

$5,010

Property Tax Rateyearly tax as a share of home value

1%

Cost of living & affordability

Home Price vs Incomeyears of income to buy a typical home

6.35×

Higher than 84% of U.S. tracts
Median Income

$76,310

Near the U.S. tracts median
Median Rent

$1,538

Higher than 61% of U.S. tracts

Home prices & appreciation

Home Price Growth, Past Year

1.1%

Lower than 64% of U.S. tracts
Pandemic Price Run-Up2019–20 low → 2022–23 peak

37%

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

6.6%

Climate & weather

Summer Avg High (°F)

86.8

Winter Avg Low (°F)

29.4

Avg Temperature (°F)

58

Hot Days/yr (>90°F)

42.8

Freezing Days/yr (<32°F)

88.2

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 050100): frequently asked questions

What is the typical home value in Museum District (Tract 050100)?
The estimated median home value in Museum District (Tract 050100) today is $597,028, higher than 78% of U.S. tracts.
How much is property tax in Museum District (Tract 050100)?
The median annual property tax in Museum District (Tract 050100) is $5,010, an effective rate of 1% of home value.
Is Museum District (Tract 050100) expensive to live in?
Homes in Museum District (Tract 050100) cost about 6.35× the median household income, higher than 84% of U.S. tracts.
What is the average rent in Museum District (Tract 050100)?
The median gross rent in Museum District (Tract 050100) is $1,538 a month, higher than 61% of U.S. tracts.
How much have home prices grown in Museum District (Tract 050100)?
Home prices in Museum District (Tract 050100) have moved 53% over the past five years (1.1% in the past year), per the FHFA House Price Index.
How many people live in Museum District (Tract 050100)?
Museum District (Tract 050100) has a population of 3,230, about 4,969.6 people per square mile, per the U.S. Census American Community Survey. The median age is 37.6.
What is the weather like in Museum District (Tract 050100)?
Museum District (Tract 050100) averages 58°F year-round, summer highs near 86.8°F, winter lows around 29.4°F (NOAA 1991–2020 normals). It sees about 8.8 inches of snow a year.
Is Museum District (Tract 050100) at risk of flooding or natural disasters?
Museum District (Tract 050100)'s FEMA National Risk Index score is 11.2 (lower than 89% 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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