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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
Housing Overview
Median Home Value
$228,000
19% below
US avg: $281,900
Median Rent
$870/mo
25% below
US avg: $1,163/mo
Homeownership Rate
75.3%
15% above US avg (65.4%)
Total Housing Units
2,389
Median year built: 1982
Home Value by Source
Census Median
$228,000
Zillow (ZHVI)
$297,857
Median Sale Price
$227,350
Median List Price
$355,000
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
75.3%
Owner-Occupied
24.7%
Renter-Occupied
US avg: 65.4% owner-occupied
Fair Market Rents (HUD FY2026)
Studio
$807/mo
1 Bedroom
$891/mo
2 Bedroom
$1,113/mo
3 Bedroom
$1,419/mo
4 Bedroom
$1,588/mo
Census median rent:
$870/mo
Market Indicators (Redfin)
Median Days on Market
38 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
4
Price Drops
0.0%
of listings with price reduction
Price Per Sq Ft
$177
Active Inventory
21
homes for sale
Affordability & Housing Stock
Rent Burden
51.0%
of renters spending 30%+ of income on housing
65% above US avg (31.0%)
Median Year Built
1982
Average age of housing stock: 44 years
Homeownership Rate
75.3%
Complete Housing Data
Home Values
| Census Median Value | $228,000 |
| Zillow Home Value (ZHVI) | $297,857 |
| Median Sale Price | $227,350 |
| Median List Price | $355,000 |
| Price Per Sq Ft | $177 |
Rent
| Census Median Rent | $870 |
| FMR Studio | $807 |
| FMR 1-Bedroom | $891 |
| FMR 2-Bedroom | $1,113 |
| FMR 3-Bedroom | $1,419 |
| FMR 4-Bedroom | $1,588 |
Market
| Days on Market | 38 |
| Sale-to-List Ratio | 1.0% |
| Price Drops | 0.0% |
| Homes Sold | 4 |
| Active Inventory | 21 |
| Price Per Sq Ft | $177 |
Ownership & Stock
| Owner-Occupied | 75.3% |
| Renter-Occupied | 24.7% |
| Homeownership Rate | 75.3% |
| Total Housing Units | 2,389 |
| Median Year Built | 1982 |
| Rent Burden | 51.0% |