All Countries
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
Housing Overview
Median Home Value
$107,600
62% below
US avg: $281,900
Median Rent
$815/mo
30% below
US avg: $1,163/mo
Homeownership Rate
57.5%
12% below US avg (65.4%)
Total Housing Units
17,346
Median year built: 1956
Home Value by Source
Census Median
$107,600
Zillow (ZHVI)
$152,229
Median Sale Price
$155,500
Median List Price
$124,450
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
57.5%
Owner-Occupied
42.5%
Renter-Occupied
US avg: 65.4% owner-occupied
Fair Market Rents (HUD FY2026)
Studio
$816/mo
1 Bedroom
$882/mo
2 Bedroom
$1,096/mo
3 Bedroom
$1,391/mo
4 Bedroom
$1,590/mo
Census median rent:
$815/mo
· Zillow rent:
$826/mo
Market Indicators (Redfin)
Median Days on Market
54 days
Sale-to-List Ratio
0.9%
Buyers market
Homes Sold
42
Price Drops
27.4%
of listings with price reduction
Price Per Sq Ft
$116
Active Inventory
84
homes for sale
Affordability & Housing Stock
Rent Burden
29.8%
of renters spending 30%+ of income on housing
4% below US avg (31.0%)
Median Year Built
1956
Average age of housing stock: 70 years
Homeownership Rate
57.5%
Complete Housing Data
Home Values
| Census Median Value | $107,600 |
| Zillow Home Value (ZHVI) | $152,229 |
| Median Sale Price | $155,500 |
| Median List Price | $124,450 |
| Price Per Sq Ft | $116 |
Rent
| Census Median Rent | $815 |
| Zillow Rent (ZORI) | $826 |
| FMR Studio | $816 |
| FMR 1-Bedroom | $882 |
| FMR 2-Bedroom | $1,096 |
| FMR 3-Bedroom | $1,391 |
| FMR 4-Bedroom | $1,590 |
Market
| Days on Market | 54 |
| Sale-to-List Ratio | 0.9% |
| Price Drops | 27.4% |
| Homes Sold | 42 |
| Active Inventory | 84 |
| Price Per Sq Ft | $116 |
Ownership & Stock
| Owner-Occupied | 57.5% |
| Renter-Occupied | 42.5% |
| Homeownership Rate | 57.5% |
| Total Housing Units | 17,346 |
| Median Year Built | 1956 |
| Rent Burden | 29.8% |