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Richland, IN

Full City Profile · Indiana · Daviess County County

3.1 /5.0
B Good
548 Population 1,054/sq mi density
$71,635 Median Income $32,232 per capita
$145,800 Home Value $175,328 Zillow
$930 Median Rent 21.9% income on rent
57°F Avg Temperature 305 sunny days/yr
629 Violent Crime/100K 2,662 property/100K
B
Overall
3.1 / 5.0
Good overall score based on economy, affordability, safety and education
A
Economy
4.1 / 5.0
$71,635 median income, 2.5% unemployment
A+
Affordability
5.0 / 5.0
$145,800 home value, $930/mo rent
F
Safety
1.0 / 5.0
629 violent crimes/100K (66% above avg)
C
Education
2.2 / 5.0
14.7% bachelor's degree or higher

Housing Overview

Median Home Value
$145,800
48% below
US avg: $281,900
Median Rent
$930/mo
20% below
US avg: $1,163/mo
Homeownership Rate
88.3%
35% above US avg (65.4%)
Total Housing Units
231
Median year built: 1973

Home Value by Source

Census Median
$145,800
Zillow (ZHVI)
$175,328
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

88.3%
Owner-Occupied
11.7%
Renter-Occupied
88%
12%
US avg: 65.4% owner-occupied

Fair Market Rents (HUD FY2026)

Studio
$816/mo
1 Bedroom
$882/mo
2 Bedroom
$1,096/mo
3 Bedroom
$1,391/mo
4 Bedroom
$1,590/mo
Census median rent: $930/mo

Affordability & Housing Stock

Rent Burden
21.9%
of renters spending 30%+ of income on housing
29% below US avg (31.0%)
Median Year Built
1973
Average age of housing stock: 53 years
Homeownership Rate
88.3%

Complete Housing Data

Home Values

Census Median Value$145,800
Zillow Home Value (ZHVI)$175,328

Rent

Census Median Rent$930
FMR Studio$816
FMR 1-Bedroom$882
FMR 2-Bedroom$1,096
FMR 3-Bedroom$1,391
FMR 4-Bedroom$1,590

Market

Ownership & Stock

Owner-Occupied88.3%
Renter-Occupied11.7%
Homeownership Rate88.3%
Total Housing Units231
Median Year Built1973
Rent Burden21.9%