Richmond, IN
Full City Profile · Indiana · Union County County
2.9
/5.0
C+
Fair
35,551
Population
1,465/sq mi density
$46,395
Median Income
$27,860 per capita
$107,600
Home Value
$152,229 Zillow
$815
Median Rent
29.8% income on rent
52°F
Avg Temperature
293 sunny days/yr
285
Violent Crime/100K
1,425 property/100K
C+
Overall
2.9 / 5.0
Fair overall score based on economy, affordability, safety and education
B
Economy
3.0 / 5.0
$46,395 median income, 4.1% unemployment
A+
Affordability
5.0 / 5.0
$107,600 home value, $815/mo rent
F
Safety
1.0 / 5.0
285 violent crimes/100K
C+
Education
2.6 / 5.0
20.6% bachelor's degree or higher
Income Overview
Median Household Income
$46,395
38% below
US avg: $75,149
Per Capita Income
$27,860
29% below
US avg: $39,052
Unemployment Rate
4.1%
14% above
US avg: 3.6%
Poverty Rate
17.9%
44% above
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
$46,395
62%
Per Capita
US: $39,052
$27,860
71%
IRS Avg AGI
US: $72,000
$58,495
81%
Avg Weekly Wage
US: $1,432
$845
59%
Thin line = U.S. average (100%)
Employment & Commute
Avg Weekly Wage
$845
41% below US avg ($1,432)
Mean Commute Time
18 min
35% below US avg (28 min)
Work From Home
4.1%
73% below US avg (15.2%)
Drive Alone
78.7%
7% above US avg (73.2%)
Public Transit
0.5%
91% below US avg (5.0%)
County GDP
$216M
County-level GDP (BEA 2024)
How Residents Get to Work
Drive Alone
78.7%
Public Transit
0.5%
Work From Home
4.1%
Other
16.7%
Average commute time
18 minutes
US avg: 28 min
Business Landscape
Total Establishments
150
Restaurants
11
Healthcare
8
Retail
28
Manufacturing
7
Tax & Financial
IRS Avg Adjusted Gross Income
$58,495
19% below US avg ($72,000)
Avg Property Tax
$1,775
49% below US avg ($3,500)
Cost of Living Index
93.3
Below national average (100 = US avg)
Complete Economy Data
Income & Wages
| Median Household Income | $46,395 |
| Per Capita Income | $27,860 |
| IRS Avg Adjusted Gross Income | $58,495 |
| Avg Weekly Wage | $845 |
| County GDP | $216M |
Hardship Indicators
| Unemployment Rate | 4.1% |
| Poverty Rate | 17.9% |
| Gini Coefficient | 0.380 |
| Cost of Living Index | 93.3 |
Commute
| Mean Commute | 18 minutes |
| Drive Alone | 78.7% |
| Public Transit | 0.5% |
| Work From Home | 4.1% |
Businesses
| Total Establishments | 150 |
| Restaurants | 11 |
| Healthcare | 8 |
| Retail | 28 |
| Manufacturing | 7 |
Tax
| IRS Avg AGI | $58,495 |
| Avg Property Tax | $1,775 |
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