Richmond, IN
Full City Profile · Indiana · Union County County
Richmond, IN
At a Glance
How Richmond Compares to the U.S. Average
Each bar shows Richmond's value as a percentage of the national average (100% = U.S. avg)
Is Richmond a Good Place to Live?
Economy & Jobs
Richmond residents earn a median household income of $46,395 , which is 38% below the national average of $75,149. Per capita income is $27,860. The unemployment rate stands at 7.2% (100% above the U.S. rate of 3.6%). 17.9% of residents live below the poverty line. The area is home to 150 business establishments, including 11 restaurants.
Housing & Cost of Living
The median home value in Richmond is $107,600 , 62% below the national median of $281,900. Zillow estimates the typical home at $164,715. Median rent is $815/month, with 29.8% of renters spending more than 30% of income on housing. The cost of living index is 93.3 (100 = national average). The median home was built in 1956.
Safety & Crime
Richmond reports 503 violent crimes per 100,000 residents , which is 32% above the national average of 380/100K. Property crime is 1,382/100K. The murder rate is 0.0/100K.
Education
20.6% of adults in Richmond hold a bachelor's degree or higher (39% below the national average). 86.7% have completed high school. Local schools score 6.3/10 in standardized testing.
Climate & Weather
Richmond has an average annual temperature of 52°F (11°C). Winters average 28°F in January while summers reach 74°F in July. Annual precipitation totals 42.9 inches.