Richmond, LA
Full City Profile · Louisiana · Madison Parish County
Richmond, LA
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 $56,250 , which is 25% below the national average of $75,149. Per capita income is $30,099. The unemployment rate stands at 0.6% (83% below the U.S. rate of 3.6%). 0.0% of residents live below the poverty line. The area is home to 268 business establishments, including 13 restaurants.
Housing & Cost of Living
The median home value in Richmond is $169,600 , 40% below the national median of $281,900. Zillow estimates the typical home at $134,992. Median rent is $750/month, with 21.7% of renters spending more than 30% of income on housing. The cost of living index is 88.2 (100 = national average). The median home was built in 1983.
Education
13.6% of adults in Richmond hold a bachelor's degree or higher (60% below the national average). 86.8% have completed high school. Local schools score 2.6/10 in standardized testing.
Climate & Weather
Richmond has an average annual temperature of 68°F (20°C). Winters average 49°F in January while summers reach 84°F in July. Annual precipitation totals 57.9 inches.