Richfield, OH

Full City Profile · Ohio · Summit County County

4.6 /5.0
A+ Excellent
3,711 Population 401/sq mi density
$78,426 Median Income $63,785 per capita
$292,000 Home Value $506,063 Zillow
$1,019 Median Rent 21.3% income on rent
52°F Avg Temperature
A+
Overall
4.6 / 5.0
Strong
A+
Economy
4.6 / 5.0
$78,426 median income, 1.0% unemployment
A+
Affordability
4.6 / 5.0
$292,000 home value, $1,019/mo rent
A+
Education
4.7 / 5.0
45.7% bachelor's degree or higher

Richfield, OH

At a Glance

Median Income
$78,426
4% above
$63,785 per capita
Home Value
$292,000
4% above
Zillow: $506,063
Median Rent
$1,019/mo
12% below
21.3% of income on rent
Bachelor's Degree+
45.7%
36% above
97.0% high school+
Unemployment
1.0%
72% below
5.1% poverty rate
Obesity Rate
32.5%
1% above
10.7% smoking rate
Avg Temperature
52°F

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)

Income
104%
Home Value
104%
Rent
88%
Poverty
41%
Bachelor's
136%
Unemployment
28%
Thin vertical line = U.S. national average (100%)

Is Richfield a Good Place to Live?

A+
4.6 / 5.0 - Excellent
Based on economy, affordability, safety, and education metrics compared to national averages.

Economy & Jobs

Richfield residents earn a median household income of $78,426 , which is 4% above the national average of $75,149. Per capita income is $63,785. The unemployment rate stands at 1.0% (72% below the U.S. rate of 3.6%). 5.1% of residents live below the poverty line. The area is home to 15,834 business establishments, including 1,276 restaurants.

Housing & Cost of Living

The median home value in Richfield is $292,000 , 4% above the national median of $281,900. Zillow estimates the typical home at $506,063. Median rent is $1,019/month, with 21.3% of renters spending more than 30% of income on housing. The cost of living index is 92.8 (100 = national average). The median home was built in 1972.

Education

45.7% of adults in Richfield hold a bachelor's degree or higher (36% above the national average). 97.0% have completed high school. Local schools score 5.9/10 in standardized testing.

Climate & Weather

Richfield has an average annual temperature of 52°F (11°C). Winters average 29°F in January while summers reach 75°F in July. Annual precipitation totals 32.5 inches. Air quality is rated Good with a median AQI of 44.

Data Overview

People

Population3,711
Median Age55.6 yrs
Density401/mi²
Male / Female49% / 51%
Foreign Born6.2%
Veterans6.9%

Economy

A+
Median Income$78,426
Per Capita$63,785
Unemployment1.0%
Poverty5.1%
County GDP$40,349M
Avg Weekly Wage$1,209

Housing

A+
Home Value$292,000
Rent$1,019
Ownership90.9%
Zillow$506,063
Housing Units1,636
Rent Burden21.3%

Health

Obesity32.5%
Diabetes8.4%
Smoking10.7%
Heart Disease4.5%
Premature Death9,664/100K

Climate

Avg Temp52°F
Rain32.5 in/yr
AQI44 (Good)
Elevation1,218 ft

Education

A+
Bachelor's+45.7%
High School+97.0%
Graduate+20.2%
School Score5.9/10

Community

2024 VoteR 46% / D 53%
Commute23 min
Broadband97.9%
Internet Speed157 Mbps
EV Stations1
Libraries30

Did You Know?

Richfield was founded in 1809.
The median home in Richfield was built in 1972.
21.9% work from home.
The nearest airport is Akron Fulton International (16 miles).
The Gini coefficient (income inequality) is 0.478 (U.S. avg: 0.490).
Natural hazard risk is rated "Relatively Moderate" by FEMA.
7.9% of the population has a disability.
Average internet download speed is 157 Mbps.
There are 1,276 restaurants in the area.
The county recorded 40 fatal vehicle crashes.