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New Richmond, IN
Full City Profile · Indiana · Montgomery County County
New Richmond, IN
At a Glance
How New Richmond Compares to the U.S. Average
Each bar shows New Richmond's value as a percentage of the national average (100% = U.S. avg)
Is New Richmond a Good Place to Live?
Economy & Jobs
New Richmond residents earn a median household income of $80,104 , which is 7% above the national average of $75,149. Per capita income is $24,326. The unemployment rate stands at 4.0% (11% above the U.S. rate of 3.6%). 1.7% of residents live below the poverty line. The area is home to 915 business establishments, including 90 restaurants.
Housing & Cost of Living
The median home value in New Richmond is $81,500 , 71% below the national median of $281,900. Zillow estimates the typical home at $239,011. Median rent is $1,063/month, with 15.0% of renters spending more than 30% of income on housing. The cost of living index is 93.3 (100 = national average). The median home was built in 1938.
Safety & Crime
New Richmond reports 1,261 violent crimes per 100,000 residents , which is 232% above the national average of 380/100K. Property crime is 2,834/100K.
Education
10.8% of adults in New Richmond hold a bachelor's degree or higher (68% below the national average). 78.3% have completed high school. Local schools score 6.0/10 in standardized testing.
Climate & Weather
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. The area gets 275 sunny days per year. Annual precipitation totals 39.8 inches. Air quality is rated Good with a median AQI of 41.