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
Change Over Time (2013–2023)
Population Change
+1.4%
36,049 → 36,567
over 10 years
Annual Pop. Growth
+0.14%
Compound annual growth rate
Median Income Change
+59.1%
$52,829 → $84,055
nominal, not inflation-adjusted
Annual Income Growth
+4.75%
Compound annual growth rate
Population Over Time
Total population for Richfield across each available Census ACS release.
Median Household Income Over Time
Median household income reported by U.S. Census ACS. Values are nominal (not adjusted for inflation).
Projected 2030
Simple projections extrapolating the 2013–2023 compound annual growth rate forward. These are mathematical extensions of recent trends, not forecasts — real outcomes depend on migration, policy and economic shifts.
Projected Population 2030
36,927
+360 from 2023 (36,567)
Projected Median Income 2030
$116,317
+$32,262 from 2023 ($84,055)
Year-by-Year Detail
| Year | Population | YoY % | Median Income | YoY % |
|---|---|---|---|---|
| 2013 | 36,049 | — | $52,829 | — |
| 2015 | 36,089 | +0.1% | $52,954 | +0.2% |
| 2017 | 36,198 | +0.3% | $59,844 | +13% |
| 2019 | 36,492 | +0.8% | $66,908 | +11.8% |
| 2021 | 36,527 | +0.1% | $74,301 | +11% |
| 2023 | 36,567 | +0.1% | $84,055 | +13.1% |
Source: U.S. Census ACS 5-Year Estimates (Data Commons). Home value and rent are not yet available historically.
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