HomeVirginiaTazewell CountyRichlands
Richlands, Virginia: commercial real estate data.
Richlands is a Census town of 5,171 people across 5.65 square miles of land, in Tazewell County. Median household income is $37,154, 63.8 percent of occupied homes are owned, and the SBA record carries 2 7(a) approvals to borrowers here worth $1.9 m since FY2020.
Underlined figures are computed by MMCG Analytics, not published by the agency.
Richlands
What Richlands is
- Census place typetown
- Land area5.65 sq mi
- Water area0.05 sq mi
- Population per square mile of land915
- County holding the largest share of its areaTazewell County, 100.0 percent
US Census Bureau, cartographic boundary file, places, 2024 vintage. US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Richlands
How many people live in Richlands
- Population5,171
- Median age44.5 plus or minus 9.2
- Population under 181,123 plus or minus 244
- Share under 1821.7 percent plus or minus 4.7
- Population 65 and over1,295
- Share 65 and over25.0 percent
- Households2,297
- Family households1,312
- Share of households that are families57.1 percent
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Richlands
Income and work in Richlands
- Median household income$37,154
- Per capita income$26,915
- Civilian labor force1,512
- Employed1,429
- Unemployed83 plus or minus 54
- Unemployment rate5.5 percent plus or minus 3.5
- Adults 25 and over3,620
- Adults 25 and over with a high school diploma or higher87.2 percent
- Adults 25 and over with a bachelor degree or higher13.5 percent plus or minus 4.4
- Adults 25 and over with a graduate degree5.2 percent plus or minus 2.7
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Richlands
Housing in Richlands
- Housing units2,803
- Occupied units2,297
- Vacant units506 plus or minus 150
- Vacancy rate18.1 percent plus or minus 5.1
- Owner occupied1,465
- Renter occupied832
- Ownership rate63.8 percent
- Median owner-occupied home value$111,000
- Median gross rent, monthly$804
- Annual rent as a share of median income26.0 percent plus or minus 5.4
- Single family units1,616
- Share single family57.7 percent
- Units in buildings of two or more391 plus or minus 139
- Share in buildings of two or more13.9 percent plus or minus 4.8
- Mobile homes796
- Median year structure built1974
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Richlands
How Richlands gets to work
- Workers 16 and over who commute1,294
- Commuting under 15 minutes549 plus or minus 157
- Share commuting under 15 minutes42.4 percent plus or minus 9.2
- Commuting 30 minutes or more542 plus or minus 166
- Share commuting 30 minutes or more41.9 percent plus or minus 10.2
- Drove alone79.3 percent
- Carpooled11.3 percent plus or minus 6.6
- Public transport0.1 percent plus or minus 0.3
- Walked1.5 percent plus or minus 1.6
- Worked from home7.8 percent plus or minus 4.5
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Richlands
SBA loans in Richlands (7(a))
- Approvals2
- Gross approval$1,923,000
- Average approval$961,500
- Median approval$961,500
- Largest approval$1,152,000
- Jobs supported8
- Jobs per approval4.0
- Loans with a final outcome1
- Paid in full1
- Charged off0
- Median term273 months
- Share on real estate terms of 20 years or more50.0 percent
- Share to franchises0.0 percent
- Distinct lenders2
- Distinct industries by NAICS2
Counted by borrower city: approvals to borrowers whose address is in Richlands, in any county, FY2020 to FY2026. Only 1 loan has reached a final outcome, fewer than the 30 a charge-off rate needs, so no rate is published.
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30.
Richlands
Flood risk in Richlands
- NFIP communityTown of Richlands
- NFIP community number510163
- Participating in the NFIPYes
- Community Rating System classNone
- Currently effective map date02/18/11
The Town of Richlands participates in the National Flood Insurance Program as community 510163 and carries no Community Rating System class, so no CRS premium discount applies to it.
Federal Emergency Management Agency, NFIP Community Status Book (OpenFEMA), as of 2026-09-26.
Tazewell County, not Richlands
Tazewell County context, not Richlands figures
- Establishments in Tazewell County895
- Covered employment, Tazewell County13,713
- Average annual pay, Tazewell County$44,784
- Housing units permitted, Tazewell County4
Every figure in this section is published for Tazewell County as a whole and is not a measurement of Richlands.
US Census Bureau, County Business Patterns, 2023. US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages. US Census Bureau, Building Permits Survey, 2024 annual.
Coverage
What this page does not hold.
Parcel detail, zoning and the flood zone at an address are not on this page; they resolve at the address in the platform. How this page was built →
Common questions
Richlands questions, answered from the record.
How many people live in Richlands, Virginia?
5,171, in 2,297 households. Richlands town covers 5.65 square miles of land, which is 915 people per square mile. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
What county is Richlands in?
Tazewell County, which holds 100.0 percent of the place by area. Source: US Census Bureau, cartographic boundary file, places, 2024 vintage.
What is the median household income in Richlands?
$37,154. The median owner-occupied home is valued at $111,000. Median gross rent is $804 per month. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
How much SBA lending goes to Richlands businesses?
2 7(a) approvals totaling $1.9 m since FY2020, across 2 lenders, median approval $961,500. These count approvals to borrowers whose address is in Richlands, not projects sited inside the place boundary, and they are approvals recorded in the release rather than loans disbursed.
Do SBA loans to Richlands borrowers get paid back?
No rate is published for Richlands. Only 1 loan has reached a final outcome, fewer than the 30 a charge-off rate needs, so no rate is published. The counts are shown instead.
Is Richlands in the National Flood Insurance Program?
Yes. Richlands appears in the FEMA Community Status Book as Richlands, town of, community 510163, with no Community Rating System class, so no CRS discount applies. Whether a specific parcel sits in a mapped special flood hazard area is an address level question the platform answers.
Are the county figures on this page Richlands figures?
No, and they are labeled so. County Business Patterns, QCEW, the Building Permits Survey, BEA product and IRS migration are published for Tazewell County as a whole and there is no place level equivalent. They appear in one clearly marked section as context and are never presented as measurements of Richlands.
Is zoning published for Richlands?
No. Nothing on this page presents parcel level zoning.