Is Richmond Heights a Good Place to Live?
Based on current data, Richmond Heights receives an overall livability score of 4.0 out of 5.0, earning a grade of A. Key strengths include affordable housing, abundant sunshine, strong internet connectivity. Areas to be aware of include above-average unemployment, an elevated poverty rate. Richmond Heights stands out as an excellent place to live, with strong marks across most quality-of-life indicators.
Economy & Jobs
The median household income in Richmond Heights is $77,803, roughly in line with the national average of $75,149. The unemployment rate of 5.1% is somewhat elevated compared to the national rate of 3.6%. The poverty rate of 16.9% exceeds the national average of 12.4%, indicating economic hardship for a significant portion of the population. Workers commute an average of 24 minutes.
Cost of Living & Housing
The median home value in Richmond Heights is $231,833, 18% below the national median — offering relatively affordable homeownership. Renters pay a median of $840 per month, below the national average — a plus for affordability. At just 3x median income, home prices are very affordable relative to local earnings.
Education
32.9% of residents hold a bachelor's degree, below the national average of 33.7%. 87.4% have completed high school.
Climate & Weather
Richmond Heights has a cool climate with an average annual temperature of 41°F. Winters average 13°F in January while summers reach 66°F in July. With 289 sunny days per year, residents enjoy well above the national average of sunshine. Annual precipitation totals 12.4 inches, including 15.5 inches of snow. Air quality is rated Good with a median AQI of 27.