Those owning Richmond homes have the wonderful opportunity to live amongst hundreds of years of history and all of the amenities of a state capital. An independent city since 1871, Richmond has a population of just over 200,000 people. However, the Richmond Metropolitan Area has a population of over 1,200,000. Richmond real estate owners enjoy living in a great location that is right on the fall line of the James River, 44 miles from historic Williamsburg, 66 miles from Charlottesville, and 98 miles south of Washington D.C. There is great access to all that the East Coast has to offer.
The economy of Richmond is largely driven by law, government, and finance. Several large banking firms call the downtown area home. The Greater Richmond area was hailed as the third-best city for business by MarketWatch in 2007. Six Fortune 500 companies are headquartered here, including CarMax, Owens & Minor, Dominion Resources, MeadWestvaco, Altria Group, and Genworth Financial. In addition to great employment opportunities, there are many museums, performance venues, monuments, historical sites, and beautiful architecture to explore. There is never a shortage of things to do for those who own Richmond homes. This is a very active city with close access to many other major cities.