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Richmond, LA

Full City Profile · Louisiana · Madison Parish County

3.0 /5.0
B Good
529 Population 319/sq mi density
$56,250 Median Income $30,099 per capita
$169,600 Home Value $134,992 Zillow
$750 Median Rent 21.7% income on rent
68°F Avg Temperature 304 sunny days/yr
640 Violent Crime/100K 4,426 property/100K
B
Overall
3.0 / 5.0
Good overall score based on economy, affordability, safety and education
A
Economy
4.1 / 5.0
$56,250 median income, 0.2% unemployment
A+
Affordability
5.0 / 5.0
$169,600 home value, $750/mo rent
F
Safety
1.0 / 5.0
640 violent crimes/100K (68% above avg)
C
Education
2.1 / 5.0
13.6% bachelor's degree or higher

Housing Overview

Median Home Value
$169,600
40% below
US avg: $281,900
Median Rent
$750/mo
36% below
US avg: $1,163/mo
Homeownership Rate
78.5%
20% above US avg (65.4%)
Total Housing Units
203
Median year built: 1983

Home Value by Source

Census Median
$169,600
Zillow (ZHVI)
$134,992
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

78.5%
Owner-Occupied
21.5%
Renter-Occupied
79%
22%
US avg: 65.4% owner-occupied

Fair Market Rents (HUD FY2026)

Studio
$763/mo
1 Bedroom
$832/mo
2 Bedroom
$1,007/mo
3 Bedroom
$1,298/mo
4 Bedroom
$1,508/mo
Census median rent: $750/mo

Affordability & Housing Stock

Rent Burden
21.7%
of renters spending 30%+ of income on housing
30% below US avg (31.0%)
Median Year Built
1983
Average age of housing stock: 43 years
Homeownership Rate
78.5%

Complete Housing Data

Home Values

Census Median Value$169,600
Zillow Home Value (ZHVI)$134,992

Rent

Census Median Rent$750
FMR Studio$763
FMR 1-Bedroom$832
FMR 2-Bedroom$1,007
FMR 3-Bedroom$1,298
FMR 4-Bedroom$1,508

Market

Ownership & Stock

Owner-Occupied78.5%
Renter-Occupied21.5%
Homeownership Rate78.5%
Total Housing Units203
Median Year Built1983
Rent Burden21.7%