New Richmond, IN

Indiana

New Richmond is a small town in Indiana with a population of 441. Residents earn $80,104 per year, which is 7% above the national average.

3.7 /5.0
B+ Good
441 Population 2,321/sq mi density
$80,104 Median Income $24,326 per capita
$81,500 Home Value $239,011 Zillow
$1,063 Median Rent
52°F Avg Temperature
B+
Overall
3.7 / 5.0
Good overall score based on economy, affordability, safety and education
A
Economy
4.3 / 5.0
$80,104 median income, 4.0% unemployment
A+
Affordability
5.0 / 5.0
$81,500 home value, $1,063/mo rent
D
Education
1.9 / 5.0
10.8% bachelor's degree or higher
Median Income $80,104
7% higher than US avg
Home Value $81,500
71% lower than US avg
Bachelor's+ 10.8%
68% lower than US avg
Median Rent $1,063
9% lower than US avg
Obesity Rate 38.4%
20% higher than US avg
Unemployment 4.0%
11% higher than US avg
Poverty Rate 1.7%
86% lower than US avg

How New Richmond Compares to the U.S. Average (100% = U.S. avg)

People

Population441
Median Age37.5 yrs
Density2,321/mi²
Male / Female50% / 50%
Largest GroupWhite 97%

Economy

A
Median Income$80,104
Per Capita$24,326
Unemployment4.0%
Poverty1.7%
County GDP$2,228M
Commute44 min

Housing

A+
Home Value$81,500
Rent$1,063
OwnershipN/A
Zillow$239,011

Crime

ViolentN/A
PropertyN/A

Health

Obesity38.4%
UninsuredN/A
Depression27.7%
Heart Disease5.8%

Climate

Avg Temp52°F
AQI41 (Good)
Rain39.8 in/yr
Elevation784 ft

Education

D
Bachelor's+10.8%
High School+78.3%
School Score6.01

Community

2024 VoteR 73% / D 25%
Commute44 min
Libraries6

Is New Richmond a Good Place to Live?

Based on current data, New Richmond receives an overall livability score of 3.7 out of 5.0, earning a grade of B+. Key strengths include affordable housing, a low poverty rate, high health insurance coverage. Areas to be aware of include long commute times. New Richmond offers a solid quality of life with a good balance of affordability, safety, and opportunity.

Economy & Jobs

The median household income in New Richmond is $80,104, roughly in line with the national average of $75,149. Unemployment stands at 4.0%, indicating a healthy job market. Only 1.7% of residents live below the poverty line, well below the national rate of 12.4%. Workers commute an average of 44 minutes, longer than the typical American commute of 28 minutes.

Cost of Living & Housing

The median home value in New Richmond is $81,500, 71% below the national median — offering relatively affordable homeownership. Renters pay a median of $1,063 per month. At just 1x median income, home prices are very affordable relative to local earnings.

Education

10.8% of residents hold a bachelor's degree, below the national average of 33.7%. 78.3% have completed high school. Area schools have an average test score of 6/10.

Climate & Weather

New Richmond experiences four distinct seasons with an average temperature of 52°F. Winters average 25°F in January while summers reach 74°F in July. Annual precipitation totals 39.8 inches, including 20.5 inches of snow. Air quality is rated Good with a median AQI of 41.

New Richmond has a population of 441 with a density of 2,321 people per square mile. The median age is 37.5 years, 4% younger than the national median of 38.9. The city is predominantly White (97.3%).

Population

441
Total Population
2,321
People / sq mi
37.5yrs
Median Age
4% below US avg
0.2mi²
Land Area

Gender Distribution

Male 49.9%
Female 50.1%

Race & Ethnicity

New Richmond vs U.S. Average

Language Spoken at Home

English Only96.2%
23% above US avg
Spanish3.8%
72% below US avg

Social Characteristics

New Richmond vs U.S. Average

The median household income in New Richmond is $80,104, which is 7% above the national average of $75,149. The unemployment rate is 4.0% (above the 3.6% US average). 1.7% of residents live below the poverty line. Workers commute an average of 44 minutes.

Income: New Richmond vs U.S.

Commute Mode

Income

Median HH Income$80,104
7% above US avg
Per Capita Income$24,326
Avg Weekly Wage$1,104
IRS Avg AGI$61,627

Employment & Poverty

Unemployment4.0%
11% above US avg
Poverty Rate1.7%
86% below US avg
Establishments (County)915
County GDP$2,228M

Business (County)

Restaurants90
Healthcare95
Retail124
Manufacturing53

Tax & Cost of Living

Property Tax (IRS)$2,489
29% below US avg
Effective Tax Rate3.05%

Commute & Transportation

Commute Time43.5 min
Work from Home7.6%

Walkability

The median home value in New Richmond is $81,500, 71% below the national average. Monthly rent averages $1,063 (9% below US avg). Zillow estimates the typical home value at $239,011.

Home Value Sources

Ownership Split

Home Values

Census Median$81,500
71% below US avg
Zillow ZHVI$239,011

Real Estate Market (Redfin)

$/Sq Ft$94
Homes Sold1
Sale-to-List Ratio98.6%
Price Drops0.0%

Rental Costs

Census Median Rent$1,063
9% below US avg

HUD Fair Market Rent

Studio$816
1 Bedroom$882
2 Bedrooms$1,096
3 Bedrooms$1,391
4 Bedrooms$1,590

Ownership & Property

Owner-Occupied92.0%

Property Tax

Avg Tax (IRS)$2,489
29% below US avg
Effective Rate3.05%
In New Richmond, 38.4% of adults are obese (above the 32.1% national rate). 27.7% report depression. 25.2% are physically inactive.

Health Metrics: New Richmond vs U.S. Average (%)

Chronic Conditions

Obesity38.4%
20% above US avg
Diabetes10.4%
Heart Disease5.8%
High Blood Pressure34.0%
Asthma11.5%
COPD7.5%
Stroke2.9%

Behaviors & Mental Health

Binge Drinking18.5%
Physical Inactivity25.2%
Depression27.7%
Mental Distress19.3%
Physical Distress13.4%

Healthcare Access

Insurance Rate96.1%
Checkup Rate78.1%
Premature Death9,100/100K

Food & Exercise

Food Environment7.9/10
Exercise Access63.3%
Healthcare Facilities95

Crime Rates: New Richmond vs U.S. Average (per 100,000)

Violent Crime

Property Crime

Traffic Safety

Fatal Crashes (County/yr)7

Safety Score

New Richmond has an average annual temperature of 52°F (11°C). Winters average 25°F in January while summers reach 74°F in July. Annual precipitation is 39.8 inches. Air quality is rated Good with a median AQI of 41.

Temperature

25°F Jan (-4°C) 74°F Jul (23°C)
Annual Average51.6°F
4% below US avg
January Average25°F (-4°C)
July Average74°F (23°C)

Precipitation & Snow

Annual Rainfall39.8 inches
5% above US avg
Snowfall20.5 inches/yr

Air Quality

AQI Median41.0
RatingGood

Geography

Elevation784 ft (239 m)
Area0.2 sq mi (0.5 km²)
Population Density2,321/sq mi
Coordinates40.1942°N, 86.9779°W
County FIPS18107
It is classified as Nonmetro — Urban 2.5K–20K, adjacent. 10.8% of residents hold a bachelor's degree or higher (68% below US avg). In the 2024 election, the county voted Republican by a 48.2-point margin.

2024 Presidential Election (County)

R 73.2%
D 25%

Winner: Republican by 48.2 points

Education

Bachelor's Degree+10.8%
68% below US avg
High School+78.3%
School Test Score6.01
D Education Grade (1.9/5.0)

Urban-Rural Classification

RUCC Code 6Nonmetro — Urban 2.5K–20K, adjacent
Population Density2,321/sq mi
Total Area0.2 sq mi

Infrastructure & Services

Public Libraries6
Healthcare Facilities95
Restaurants90
Retail Stores124

Safety & Disasters

Fatal Crashes (County/yr)7

Commute & Transportation

Avg Commute43.5 min
Work from Home7.6%

Nearby Cities

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