At a Glance
Median Income
$84,055
$46,914 per capita
Home Value
$320,400
Zillow: $338,987
Median Rent
$1,334/mo
26.6% of income on rent
Violent Crime
202/100K
2,355/100K property
Bachelor's Degree+
44.3%
91.4% high school+
Unemployment
3.6%
4.4% poverty rate
Obesity Rate
27.4%
11.6% smoking rate
Avg Temperature
47°F
270 sunny days/yr
How Richfield Compares to the U.S. Average
Each bar shows Richfield's value as a percentage of the national average (100% = U.S. avg)
Thin vertical line = U.S. national average (100%)
Is Richfield a Good Place to Live?
B+
3.6 / 5.0 — Good
Based on economy, affordability, safety, and education metrics compared to national averages.
Economy & Jobs
Richfield residents earn a median household income of $84,055 , which is 12% above the national average of $75,149.
Per capita income is $46,914. The unemployment rate stands at 3.6% (0% below the U.S. rate of 3.6%). 4.4% of residents live below the poverty line. The area is home to 11,950 business establishments, including 748 restaurants.
Housing & Cost of Living
The median home value in Richfield is $320,400 , 14% above the national median of $281,900.
Zillow estimates the typical home at $338,987. Median rent is $1,334/month, with 26.6% of renters spending more than 30% of income on housing. The cost of living index is 98.6 (100 = national average). The median home was built in 1959.
Safety & Crime
Richfield reports 202 violent crimes per 100,000 residents
, which is 47% below the national average of 380/100K.
Property crime is 2,355/100K. The murder rate is 0.0/100K.
Education
44.3% of adults in Richfield hold a bachelor's degree or higher
(31% above the national average).
91.4% have completed high school. Local schools score 6.6/10 in standardized testing.
Climate & Weather
Richfield has an average annual temperature of 47°F (8°C).
Winters average 16°F in January while summers reach 74°F in July. The area gets 270 sunny days per year. Annual precipitation totals 31.6 inches. Air quality is rated Good with a median AQI of 36.
Data Overview
People
Population36,725
Median Age38.9 yrs
Density5,417/mi²
Male / Female50% / 50%
Foreign Born13.6%
Veterans4.9%
Economy
A
Median Income$84,055
Per Capita$46,914
Unemployment3.6%
Poverty4.4%
County GDP$37,138M
Avg Weekly Wage$1,400
Housing
A+
Home Value$320,400
Rent$1,334
Ownership62.4%
Zillow$338,987
Housing Units16,331
Rent Burden26.6%
Crime
F
Violent202/100K
Property2,355/100K
Murder0.0/100K
Assault105/100K
Burglary313/100K
Health
Obesity27.4%
Diabetes7.7%
Smoking11.6%
Heart Disease4.5%
Premature Death5,146/100K
Climate
Avg Temp47°F
Sunny Days270/yr
Rain31.6 in/yr
AQI36 (Good)
Elevation837 ft
Education
A+
Bachelor's+44.3%
High School+91.4%
Graduate+13.3%
School Score6.6/10
Community
2024 VoteR 43% / D 55%
Commute23 min
Broadband90.4%
Internet Speed139 Mbps
EV Stations1
Libraries10
Did You Know?
Richfield was founded in 1908.
The median home in Richfield was built in 1959.
15.7% work from home.
The nearest airport is Minneapolis-St Paul International/Wold-Chamberlain (3 miles).
The Gini coefficient (income inequality) is 0.411 (U.S. avg: 0.490).
Natural hazard risk is rated "Relatively Moderate" by FEMA.
12.3% of the population has a disability.
13.6% of residents are foreign-born.
Average internet download speed is 139 Mbps.
There are 748 restaurants in the area.
The county recorded 24 fatal vehicle crashes.