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Richfield, OH

Full City Profile · Ohio · Summit County County

4.1 /5.0
A Great
3,711 Population 401/sq mi density
$78,426 Median Income $63,785 per capita
$292,000 Home Value $474,954 Zillow
$1,019 Median Rent 21.3% income on rent
52°F Avg Temperature 275 sunny days/yr
A
Overall
4.1 / 5.0
Strong
A+
Economy
4.6 / 5.0
$78,426 median income, 0.7% unemployment
A+
Affordability
4.6 / 5.0
$292,000 home value, $1,019/mo rent
C+
Safety
2.5 / 5.0
0 violent crimes/100K
A+
Education
4.7 / 5.0
45.7% bachelor's degree or higher

Income Overview

Median Household Income
$78,426
4% above
US avg: $75,149
Per Capita Income
$63,785
63% above
US avg: $39,052
Unemployment Rate
0.7%
81% below
US avg: 3.6%
Poverty Rate
5.1%
59% 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
$78,426
104%
Per Capita
US: $39,052
$63,785
163%
IRS Avg AGI
US: $72,000
$77,962
108%
Avg Weekly Wage
US: $1,432
$1,209
84%
Thin line = U.S. average (100%)

Employment & Commute

Avg Weekly Wage
$1,209
16% below US avg ($1,432)
Mean Commute Time
23 min
16% below US avg (28 min)
Work From Home
21.9%
44% above US avg (15.2%)
Drive Alone
75.3%
3% above US avg (73.2%)
Public Transit
0.0%
100% below US avg (5.0%)
County GDP
$40,349M
County-level GDP (BEA 2024)

How Residents Get to Work

Drive Alone 75.3%
Public Transit 0%
Work From Home 21.9%
Other 2.8%
Average commute time
23 minutes
US avg: 28 min

Business Landscape

Total Establishments
15,834
Restaurants
1,276
Healthcare
1,595
Retail
1,604
Manufacturing
730

Tax & Financial

IRS Avg Adjusted Gross Income
$77,962
8% above US avg ($72,000)
Avg Property Tax
$6,724
92% above US avg ($3,500)
Cost of Living Index
92.8
Below national average (100 = US avg)

Complete Economy Data

Income & Wages

Median Household Income$78,426
Per Capita Income$63,785
IRS Avg Adjusted Gross Income$77,962
Avg Weekly Wage$1,209
County GDP$40,349M

Hardship Indicators

Unemployment Rate0.7%
Poverty Rate5.1%
Gini Coefficient0.478
Cost of Living Index92.8

Commute

Mean Commute23 minutes
Drive Alone75.3%
Public Transit0.0%
Work From Home21.9%

Businesses

Total Establishments15,834
Restaurants1,276
Healthcare1,595
Retail1,604
Manufacturing730

Tax

IRS Avg AGI$77,962
Avg Property Tax$6,724