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Richmond, IL
Full City Profile · Illinois · McHenry County County
3.2
/5.0
B
Good
2,530
Population
590/sq mi density
$70,379
Median Income
$40,996 per capita
$225,800
Home Value
$368,161 Zillow
$1,183
Median Rent
24.8% income on rent
49°F
Avg Temperature
261 sunny days/yr
156
Violent Crime/100K
1,041 property/100K
B
Overall
3.2 / 5.0
Good overall score based on economy, affordability, safety and education
B+
Economy
3.7 / 5.0
$70,379 median income, 6.7% unemployment
A+
Affordability
4.9 / 5.0
$225,800 home value, $1,183/mo rent
F
Safety
1.0 / 5.0
156 violent crimes/100K
B
Education
3.1 / 5.0
26.3% bachelor's degree or higher
Income Overview
Median Household Income
$70,379
6% below
US avg: $75,149
Per Capita Income
$40,996
5% above
US avg: $39,052
Unemployment Rate
6.7%
86% above
US avg: 3.6%
Poverty Rate
1.7%
86% below
US avg: 12.4%
Income Comparison: Richmond vs. U.S. Average
Each bar shows Richmond’s value as a percentage of the national average (100% line = U.S. avg)
Median Household
US: $75,149
$70,379
94%
Per Capita
US: $39,052
$40,996
105%
IRS Avg AGI
US: $72,000
$93,804
130%
Avg Weekly Wage
US: $1,432
$1,060
74%
Thin line = U.S. average (100%)
Employment & Commute
Avg Weekly Wage
$1,060
26% below US avg ($1,432)
Mean Commute Time
32 min
14% above US avg (28 min)
Work From Home
9.0%
41% below US avg (15.2%)
Drive Alone
79.7%
9% above US avg (73.2%)
Public Transit
0.0%
100% below US avg (5.0%)
County GDP
$15,983M
County-level GDP (BEA 2024)
How Residents Get to Work
Drive Alone
79.7%
Public Transit
0%
Work From Home
9%
Other
11.3%
Average commute time
32 minutes
US avg: 28 min
Business Landscape
Total Establishments
7,928
Restaurants
645
Healthcare
846
Retail
816
Manufacturing
432
Tax & Financial
IRS Avg Adjusted Gross Income
$93,804
30% above US avg ($72,000)
Avg Property Tax
$8,712
149% above US avg ($3,500)
Cost of Living Index
100.0
Below national average (100 = US avg)
Complete Economy Data
Income & Wages
| Median Household Income | $70,379 |
| Per Capita Income | $40,996 |
| IRS Avg Adjusted Gross Income | $93,804 |
| Avg Weekly Wage | $1,060 |
| County GDP | $15,983M |
Hardship Indicators
| Unemployment Rate | 6.7% |
| Poverty Rate | 1.7% |
| Gini Coefficient | 0.411 |
| Cost of Living Index | 100.0 |
Commute
| Mean Commute | 32 minutes |
| Drive Alone | 79.7% |
| Public Transit | 0.0% |
| Work From Home | 9.0% |
Businesses
| Total Establishments | 7,928 |
| Restaurants | 645 |
| Healthcare | 846 |
| Retail | 816 |
| Manufacturing | 432 |
Tax
| IRS Avg AGI | $93,804 |
| Avg Property Tax | $8,712 |