Richfield Springs, NY

Full City Profile · New York · Montgomery County County

3.8 /5.0
B+ Good
1,096 Population 1,085/sq mi density
$55,417 Median Income $29,420 per capita
$132,500 Home Value $221,415 Zillow
$759 Median Rent 35.3% income on rent
43°F Avg Temperature
B+
Overall
3.8 / 5.0
Good overall score based on economy, affordability, safety and education
B
Economy
3.4 / 5.0
$55,417 median income, 1.2% unemployment
A+
Affordability
5.0 / 5.0
$132,500 home value, $759/mo rent
C+
Education
2.9 / 5.0
23.4% bachelor's degree or higher

Richfield Springs, NY

At a Glance

Median Income
$55,417
26% below
$29,420 per capita
Home Value
$132,500
53% below
Zillow: $221,415
Median Rent
$759/mo
35% below
35.3% of income on rent
Bachelor's Degree+
23.4%
31% below
86.7% high school+
Unemployment
1.2%
67% below
19.1% poverty rate
Obesity Rate
34.4%
7% above
17.4% smoking rate
Avg Temperature
43°F

How Richfield Springs Compares to the U.S. Average

Each bar shows Richfield Springs's value as a percentage of the national average (100% = U.S. avg)

Income
74%
Home Value
47%
Rent
65%
Poverty
154%
Bachelor's
69%
Unemployment
33%
Thin vertical line = U.S. national average (100%)

Is Richfield Springs a Good Place to Live?

B+
3.8 / 5.0 - Good
Based on economy, affordability, safety, and education metrics compared to national averages.

Economy & Jobs

Richfield Springs residents earn a median household income of $55,417 , which is 26% below the national average of $75,149. Per capita income is $29,420. The unemployment rate stands at 1.2% (67% below the U.S. rate of 3.6%). 19.1% of residents live below the poverty line. The area is home to 1,248 business establishments, including 104 restaurants.

Housing & Cost of Living

The median home value in Richfield Springs is $132,500 , 53% below the national median of $281,900. Zillow estimates the typical home at $221,415. Median rent is $759/month, with 35.3% of renters spending more than 30% of income on housing. The cost of living index is 107.9 (100 = national average). The median home was built in 1938.

Education

23.4% of adults in Richfield Springs hold a bachelor's degree or higher (31% below the national average). 86.7% have completed high school. Local schools score 4.5/10 in standardized testing.

Climate & Weather

Richfield Springs has an average annual temperature of 43°F (6°C). Winters average 18°F in January while summers reach 66°F in July. Annual precipitation totals 47.6 inches.

Data Overview

People

Population1,096
Median Age33.8 yrs
Density1,085/mi²
Male / Female49% / 52%
Foreign Born1.9%
Veterans11.4%

Economy

B
Median Income$55,417
Per Capita$29,420
Unemployment1.2%
Poverty19.1%
County GDP$2,632M
Avg Weekly Wage$1,034

Housing

A+
Home Value$132,500
Rent$759
Ownership69.9%
Zillow$221,415
Housing Units496
Rent Burden35.3%

Health

Obesity34.4%
Diabetes10.1%
Smoking17.4%
Heart Disease6.2%
Premature Death9,219/100K

Climate

Avg Temp43°F
Rain47.6 in/yr
Elevation1,312 ft

Education

C+
Bachelor's+23.4%
High School+86.7%
Graduate+7.4%
School Score4.5/10

Community

2024 VoteR 64% / D 36%
Commute32 min
Broadband92.1%
Internet Speed141 Mbps
EV Stations5
Libraries6

Did You Know?

The median home in Richfield Springs was built in 1938.
The nearest airport is Albert S Nader Regional (23 miles).
The Gini coefficient (income inequality) is 0.435 (U.S. avg: 0.490).
Natural hazard risk is rated "Relatively Low" by FEMA.
16.8% of the population has a disability.
Average internet download speed is 141 Mbps.
There are 104 restaurants in the area.
The county recorded 5 fatal vehicle crashes.