Richmond, Virginia: A Great Place to Live, Work, and Play

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Published on May 23, 2019

The capital of Virginia is historic and growing with opportunities for people of all ages. With more than 200,000 residents, Richmond is home to its own symphony, a medical college, and highly-rated universities. First Savings Mortgage is proud to represent property buyers as they relocate to, or within, the city. Named by Southern Living magazine as one of "The South's Best Cities of 2017," Richmond is continues to attract families, entrepreneurs, and employers. To finance your next property here, reach out to one of our highly-skilled loan officers today.

Job Market

According to data collected by U.S. News & World Report, Richmond has a healthier job market than metro areas of similar size. The current unemployment rate is 0.7 percent below the national average.

As capital of Virginia, Richmond is home to many positions in state government employment. Additionally, Richmond's Department of Economic and Community Development list the following segments as leading forces for Virginia's economy and job market:

  • Advanced Manufacturing
  • Creative and Knowledge-Based Services
  • Finance, Insurance, and Real Estate
  • Green Technology
  • Health and Life Sciences
  • Transportation and Logistics

The city is home to entrepreneurs and Fortune 500 companies. Whether you are looking to advance your career or start your own business, Richmond is a great place for finding, or creating, the job of your dreams.

Educational Opportunities

Richmond is home to several public schools districts, private and charter schools. The city offers options for higher education, including:

  • Virginia Commonwealth University (VCU)-The VCU School of Medicine offers students opportunities for hands-on learning at the VCU Medical Center.
  • University of Richmond
  • Virginia Union University
  • Virginia State University

Community colleges and technical schools provide opportunities for learning a new trade or for continuing your education. In addition to classes, many of the universities offer entertainment and informative community events.

Arts, Culture, and Entertainment

The city is alive with choices ranging from art galleries, music and museums, to farmers markets, shopping, and festivals. Here are just a few of the venues and events that make Richmond such a vibrant city:

The Virginia Museum of Fine Arts - This museum features an extensive collection of fine art, a restaurant, cafe, and a library for research. A large gift shop offers unique items for purchase. Visitors enjoy special exhibits and events throughout the year. General admission is free and memberships are available and help to support the museum.

The Altria Theater - The historic theater opened to the public in 1927. Owned by the City of Richmond, the Altria Theater sits in the middle of the VCU campus. Entertainment includes Broadway productions, children's theater, fashion shows, concerts, and more.

The 17th Street Farmers' Market - The market is one of the oldest in America and possibly the oldest in Virginia. A gathering place for public commerce for more than 250 years, today the 17th Street Market offers a weekly farmers' market. Other activities include festivals, music, art, and educational programs.

The list of things to see and to do is simply too long to list here. Discover the great arts, culture, and entertainment offerings of this city by visiting the official tourism site, visitrichmondva.com.

First Savings Mortgage

If the City of Richmond, Virginia sounds like a great fit for you, First Savings Mortgage can help you with your property purchase. We save our clients time and money through our in-house processing, underwriting, and pricing. This allows you to close quickly so you can begin connecting with your new community.

We're proud of our reputation as one of the most trusted lenders in the market. For more information about how our professional and friendly team of loan officers can help you, contact us today.

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