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Richland, MI

Full City Profile · Michigan · Kalamazoo County County

3.8 /5.0
B+ Good
1,014 Population 994/sq mi density
$84,333 Median Income $36,274 per capita
$248,400 Home Value $367,735 Zillow
$1,292 Median Rent 31.0% income on rent
50°F Avg Temperature 260 sunny days/yr
124 Violent Crime/100K 372 property/100K
B+
Overall
3.8 / 5.0
Good overall score based on economy, affordability, safety and education
A+
Economy
4.6 / 5.0
$84,333 median income, 2.2% unemployment
A+
Affordability
5.0 / 5.0
$248,400 home value, $1,292/mo rent
F
Safety
1.0 / 5.0
124 violent crimes/100K
A+
Education
4.8 / 5.0
47.2% bachelor's degree or higher

Housing Overview

Median Home Value
$248,400
12% below
US avg: $281,900
Median Rent
$1,292/mo
11% above
US avg: $1,163/mo
Homeownership Rate
79.1%
21% above US avg (65.4%)
Total Housing Units
401
Median year built: 1992

Home Value by Source

Census Median
$248,400
Zillow (ZHVI)
$367,735
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

79.1%
Owner-Occupied
20.9%
Renter-Occupied
79%
21%
US avg: 65.4% owner-occupied

Fair Market Rents (HUD FY2026)

Studio
$807/mo
1 Bedroom
$891/mo
2 Bedroom
$1,113/mo
3 Bedroom
$1,419/mo
4 Bedroom
$1,588/mo
Census median rent: $1,292/mo

Affordability & Housing Stock

Rent Burden
31.0%
of renters spending 30%+ of income on housing
0% below US avg (31.0%)
Median Year Built
1992
Average age of housing stock: 34 years
Homeownership Rate
79.1%

Complete Housing Data

Home Values

Census Median Value$248,400
Zillow Home Value (ZHVI)$367,735

Rent

Census Median Rent$1,292
FMR Studio$807
FMR 1-Bedroom$891
FMR 2-Bedroom$1,113
FMR 3-Bedroom$1,419
FMR 4-Bedroom$1,588

Market

Ownership & Stock

Owner-Occupied79.1%
Renter-Occupied20.9%
Homeownership Rate79.1%
Total Housing Units401
Median Year Built1992
Rent Burden31.0%