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Richmond, MI

Full City Profile · Michigan · St. Clair County County

2.9 /5.0
C+ Fair
5,839 Population 2,020/sq mi density
$61,715 Median Income $31,383 per capita
$228,000 Home Value $297,857 Zillow
$870 Median Rent 51.0% income on rent
48°F Avg Temperature 260 sunny days/yr
440 Violent Crime/100K 491 property/100K
C+
Overall
2.9 / 5.0
Fair overall score based on economy, affordability, safety and education
B
Economy
3.2 / 5.0
$61,715 median income, 5.0% unemployment
A+
Affordability
4.6 / 5.0
$228,000 home value, $870/mo rent
F
Safety
1.0 / 5.0
440 violent crimes/100K (16% above avg)
C+
Education
2.6 / 5.0
20.6% bachelor's degree or higher

Income Overview

Median Household Income
$61,715
18% below
US avg: $75,149
Per Capita Income
$31,383
20% below
US avg: $39,052
Unemployment Rate
5.0%
39% above
US avg: 3.6%
Poverty Rate
17.4%
40% 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
$61,715
82%
Per Capita
US: $39,052
$31,383
80%
IRS Avg AGI
US: $72,000
$66,465
92%
Avg Weekly Wage
US: $1,432
$1,071
75%
Thin line = U.S. average (100%)

Employment & Commute

Avg Weekly Wage
$1,071
25% below US avg ($1,432)
Mean Commute Time
26 min
6% below US avg (28 min)
Work From Home
7.2%
53% below US avg (15.2%)
Drive Alone
76.0%
4% above US avg (73.2%)
Public Transit
0.3%
94% below US avg (5.0%)
County GDP
$7,417M
County-level GDP (BEA 2024)

How Residents Get to Work

Drive Alone 76%
Public Transit 0.3%
Work From Home 7.2%
Other 16.5%
Average commute time
26 minutes
US avg: 28 min

Business Landscape

Total Establishments
3,248
Restaurants
292
Healthcare
423
Retail
463
Manufacturing
213

Tax & Financial

IRS Avg Adjusted Gross Income
$66,465
8% below US avg ($72,000)
Avg Property Tax
$5,028
44% above US avg ($3,500)
Cost of Living Index
96.2
Below national average (100 = US avg)

Complete Economy Data

Income & Wages

Median Household Income$61,715
Per Capita Income$31,383
IRS Avg Adjusted Gross Income$66,465
Avg Weekly Wage$1,071
County GDP$7,417M

Hardship Indicators

Unemployment Rate5.0%
Poverty Rate17.4%
Gini Coefficient0.426
Cost of Living Index96.2

Commute

Mean Commute26 minutes
Drive Alone76.0%
Public Transit0.3%
Work From Home7.2%

Businesses

Total Establishments3,248
Restaurants292
Healthcare423
Retail463
Manufacturing213

Tax

IRS Avg AGI$66,465
Avg Property Tax$5,028