All Countries
Richfield, MN
Full City Profile · Minnesota · Dakota County County
3.6
/5.0
B+
Good
36,725
Population
5,417/sq mi density
$84,055
Median Income
$46,914 per capita
$320,400
Home Value
$338,987 Zillow
$1,334
Median Rent
26.6% income on rent
47°F
Avg Temperature
270 sunny days/yr
202
Violent Crime/100K
2,355 property/100K
B+
Overall
3.6 / 5.0
Good overall score based on economy, affordability, safety and education
A
Economy
4.4 / 5.0
$84,055 median income, 3.6% unemployment
A+
Affordability
4.5 / 5.0
$320,400 home value, $1,334/mo rent
F
Safety
1.0 / 5.0
202 violent crimes/100K
A+
Education
4.5 / 5.0
44.3% bachelor's degree or higher
Income Overview
Median Household Income
$84,055
12% above
US avg: $75,149
Per Capita Income
$46,914
20% above
US avg: $39,052
Unemployment Rate
3.6%
0% below
US avg: 3.6%
Poverty Rate
4.4%
65% below
US avg: 12.4%
Income Comparison: Richfield vs. U.S. Average
Each bar shows Richfield’s value as a percentage of the national average (100% line = U.S. avg)
Median Household
US: $75,149
$84,055
112%
Per Capita
US: $39,052
$46,914
120%
IRS Avg AGI
US: $72,000
$96,679
134%
Avg Weekly Wage
US: $1,432
$1,400
98%
Thin line = U.S. average (100%)
Employment & Commute
Avg Weekly Wage
$1,400
2% below US avg ($1,432)
Mean Commute Time
23 min
16% below US avg (28 min)
Work From Home
15.7%
3% above US avg (15.2%)
Drive Alone
68.1%
7% below US avg (73.2%)
Public Transit
4.3%
14% below US avg (5.0%)
County GDP
$37,138M
County-level GDP (BEA 2024)
How Residents Get to Work
Drive Alone
68.1%
Public Transit
4.3%
Work From Home
15.7%
Other
11.9%
Average commute time
23 minutes
US avg: 28 min
Business Landscape
Total Establishments
11,950
Restaurants
748
Healthcare
1,340
Retail
1,196
Manufacturing
400
Tax & Financial
IRS Avg Adjusted Gross Income
$96,679
34% above US avg ($72,000)
Avg Property Tax
$5,014
43% above US avg ($3,500)
Cost of Living Index
98.6
Below national average (100 = US avg)
Complete Economy Data
Income & Wages
| Median Household Income | $84,055 |
| Per Capita Income | $46,914 |
| IRS Avg Adjusted Gross Income | $96,679 |
| Avg Weekly Wage | $1,400 |
| County GDP | $37,138M |
Hardship Indicators
| Unemployment Rate | 3.6% |
| Poverty Rate | 4.4% |
| Gini Coefficient | 0.411 |
| Cost of Living Index | 98.6 |
Commute
| Mean Commute | 23 minutes |
| Drive Alone | 68.1% |
| Public Transit | 4.3% |
| Work From Home | 15.7% |
Businesses
| Total Establishments | 11,950 |
| Restaurants | 748 |
| Healthcare | 1,340 |
| Retail | 1,196 |
| Manufacturing | 400 |
Tax
| IRS Avg AGI | $96,679 |
| Avg Property Tax | $5,014 |