All Countries
New Richmond, IN
Full City Profile · Indiana · Montgomery County County
3.0
/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
15.0% income on rent
52°F
Avg Temperature
275 sunny days/yr
1,261
Violent Crime/100K
2,834 property/100K
B
Overall
3.0 / 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
F
Safety
1.0 / 5.0
1,261 violent crimes/100K (232% above avg)
D
Education
1.9 / 5.0
10.8% bachelor's degree or higher
Income Overview
Median Household Income
$80,104
7% above
US avg: $75,149
Per Capita Income
$24,326
38% below
US avg: $39,052
Unemployment Rate
4.0%
11% above
US avg: 3.6%
Poverty Rate
1.7%
86% below
US avg: 12.4%
Income Comparison: New Richmond vs. U.S. Average
Each bar shows New Richmond’s value as a percentage of the national average (100% line = U.S. avg)
Median Household
US: $75,149
$80,104
107%
Per Capita
US: $39,052
$24,326
62%
IRS Avg AGI
US: $72,000
$61,627
86%
Avg Weekly Wage
US: $1,432
$1,104
77%
Thin line = U.S. average (100%)
Employment & Commute
Avg Weekly Wage
$1,104
23% below US avg ($1,432)
Mean Commute Time
44 min
58% above US avg (28 min)
Work From Home
7.6%
50% below US avg (15.2%)
Drive Alone
80.8%
10% above US avg (73.2%)
Public Transit
0.0%
100% below US avg (5.0%)
County GDP
$2,228M
County-level GDP (BEA 2024)
How Residents Get to Work
Drive Alone
80.8%
Public Transit
0%
Work From Home
7.6%
Other
11.6%
Average commute time
44 minutes
US avg: 28 min
Business Landscape
Total Establishments
915
Restaurants
90
Healthcare
95
Retail
124
Manufacturing
53
Tax & Financial
IRS Avg Adjusted Gross Income
$61,627
14% below US avg ($72,000)
Avg Property Tax
$2,489
29% below US avg ($3,500)
Cost of Living Index
93.3
Below national average (100 = US avg)
Complete Economy Data
Income & Wages
| Median Household Income | $80,104 |
| Per Capita Income | $24,326 |
| IRS Avg Adjusted Gross Income | $61,627 |
| Avg Weekly Wage | $1,104 |
| County GDP | $2,228M |
Hardship Indicators
| Unemployment Rate | 4.0% |
| Poverty Rate | 1.7% |
| Gini Coefficient | 0.427 |
| Cost of Living Index | 93.3 |
Commute
| Mean Commute | 44 minutes |
| Drive Alone | 80.8% |
| Public Transit | 0.0% |
| Work From Home | 7.6% |
Businesses
| Total Establishments | 915 |
| Restaurants | 90 |
| Healthcare | 95 |
| Retail | 124 |
| Manufacturing | 53 |
Tax
| IRS Avg AGI | $61,627 |
| Avg Property Tax | $2,489 |