Richmond, MN

Minnesota · Metropolitan Area

Richmond is a small town in Minnesota with a population of 1,336. Residents earn $67,381 per year, which is 10% below the national average.

3.8 /5.0
B+ Good
1,336 Population 1,123/sq mi density
$67,381 Median Income $33,277 per capita
$225,500 Home Value $349,536 Zillow
$584 Median Rent
42°F Avg Temperature
B+
Overall
3.8 / 5.0
Good overall score based on economy, affordability, safety and education
A
Economy
4.2 / 5.0
$67,381 median income, 1.3% unemployment
A+
Affordability
4.8 / 5.0
$225,500 home value, $584/mo rent
C
Education
2.4 / 5.0
17.4% bachelor's degree or higher
Median Income $67,381
10% lower than US avg
Home Value $225,500
20% lower than US avg
Bachelor's+ 17.4%
48% lower than US avg
Median Rent $584
50% lower than US avg
Obesity Rate 36.4%
13% higher than US avg
Unemployment 1.3%
64% lower than US avg
Poverty Rate 8.1%
35% lower than US avg

How Richmond Compares to the U.S. Average (100% = U.S. avg)

People

Population1,336
Median Age39.7 yrs
Density1,123/mi²
Male / Female48% / 52%
Largest GroupWhite 93%

Economy

A
Median Income$67,381
Per Capita$33,277
Unemployment1.3%
Poverty8.1%
County GDP$12,618M
Commute20 min

Housing

A+
Home Value$225,500
Rent$584
OwnershipN/A
Zillow$349,536

Crime

ViolentN/A
PropertyN/A

Health

Obesity36.4%
UninsuredN/A
Depression26.8%
Heart Disease5.3%

Climate

Avg Temp42°F
AQI36 (Good)
Rain29.8 in/yr
Elevation1,119 ft

Education

C
Bachelor's+17.4%
High School+92.3%
School Score6.08

Community

2024 VoteR 62% / D 36%
Commute20 min
Libraries10

Is Richmond a Good Place to Live?

Based on current data, Richmond receives an overall livability score of 3.8 out of 5.0, earning a grade of B+. Key strengths include low unemployment, affordable housing, a low poverty rate, high health insurance coverage. Richmond offers a solid quality of life with a good balance of affordability, safety, and opportunity.

Economy & Jobs

The median household income in Richmond is $67,381, 10% below the national average of $75,149. The job market is very strong with unemployment at just 1.3%. 8.1% of residents live in poverty, near the national average of 12.4%. Workers commute an average of 20 minutes.

Cost of Living & Housing

The median home value in Richmond is $225,500, 20% below the national median — offering relatively affordable homeownership. Renters pay a median of $584 per month, below the national average — a plus for affordability. A price-to-income ratio of 3.3x indicates a reasonably affordable housing market.

Education

17.4% of residents hold a bachelor's degree, below the national average of 33.7%. 92.3% have completed high school. Local schools score 6.1/10 in standardized testing, reflecting strong academic performance.

Climate & Weather

Richmond has a cool climate with an average annual temperature of 42°F. Winters average 10°F in January while summers reach 71°F in July. Annual precipitation totals 29.8 inches. Air quality is rated Good with a median AQI of 36.

Richmond has a population of 1,336 with a density of 1,123 people per square mile. The median age is 39.7 years, 2% older than the national median of 38.9. The city is predominantly White (92.8%).

Population

1,336
Total Population
1,123
People / sq mi
39.7yrs
Median Age
2% above US avg
1.2mi²
Land Area

Gender Distribution

Male 47.9%
Female 52.1%

Race & Ethnicity

Richmond vs U.S. Average

Language Spoken at Home

English Only95.5%
22% above US avg
Spanish4.5%
66% below US avg

Social Characteristics

Richmond vs U.S. Average

The median household income in Richmond is $67,381, which is 10% below the national average of $75,149. The unemployment rate is 1.3% (below the 3.6% US average). 8.1% of residents live below the poverty line. Workers commute an average of 20 minutes.

Income: Richmond vs U.S.

Commute Mode

Income

Median HH Income$67,381
10% below US avg
Per Capita Income$33,277
Avg Weekly Wage$1,198
IRS Avg AGI$79,564

Employment & Poverty

Unemployment1.3%
64% below US avg
Poverty Rate8.1%
35% below US avg
Establishments (County)4,733
County GDP$12,618M

Business (County)

Restaurants391
Healthcare529
Retail642
Manufacturing231

Tax & Cost of Living

Property Tax (IRS)$5,101
46% above US avg
Effective Tax Rate2.26%

Commute & Transportation

Commute Time20.0 min
Work from Home11.0%

Walkability

The median home value in Richmond is $225,500, 20% below the national average. Monthly rent averages $584 (50% below US avg). Zillow estimates the typical home value at $349,536.

Home Value Sources

Ownership Split

Home Values

Census Median$225,500
20% below US avg
Zillow ZHVI$349,536

Real Estate Market (Redfin)

Rental Costs

Census Median Rent$584
50% below US avg

HUD Fair Market Rent

Studio$809
1 Bedroom$899
2 Bedrooms$1,125
3 Bedrooms$1,483
4 Bedrooms$1,698

Ownership & Property

Owner-Occupied87.8%

Property Tax

Avg Tax (IRS)$5,101
46% above US avg
Effective Rate2.26%
In Richmond, 36.4% of adults are obese (above the 32.1% national rate). 26.8% report depression. 23.1% are physically inactive.

Health Metrics: Richmond vs U.S. Average (%)

Chronic Conditions

Obesity36.4%
13% above US avg
Diabetes8.7%
Heart Disease5.3%
High Blood Pressure27.5%
Asthma10.4%
COPD5.6%
Stroke2.9%

Behaviors & Mental Health

Binge Drinking20.7%
Physical Inactivity23.1%
Depression26.8%
Mental Distress17.8%
Physical Distress11.9%

Healthcare Access

Insurance Rate98.9%
Checkup Rate71.9%
Premature Death6,211/100K

Food & Exercise

Food Environment8.5/10
Exercise Access77.6%
Healthcare Facilities529

Crime Rates: Richmond vs U.S. Average (per 100,000)

Violent Crime

Property Crime

Traffic Safety

Fatal Crashes (County/yr)10

Safety Score

Richmond has an average annual temperature of 42°F (6°C). Winters average 10°F in January while summers reach 71°F in July. Annual precipitation is 29.8 inches. Air quality is rated Good with a median AQI of 36.

Temperature

10°F Jan (-12°C) 71°F Jul (22°C)
Annual Average42.2°F
22% below US avg
January Average10°F (-12°C)
July Average71°F (22°C)

Precipitation & Snow

Annual Rainfall29.8 inches
22% below US avg

Air Quality

AQI Median36.0
RatingGood

Geography

Elevation1,119 ft (341 m)
Area1.2 sq mi (3.1 km²)
Population Density1,123/sq mi
Coordinates45.4545°N, 94.5136°W
County FIPS27145
It is classified as Metro — under 250K. 17.4% of residents hold a bachelor's degree or higher (48% below US avg). In the 2024 election, the county voted Republican by a 26.8-point margin.

2024 Presidential Election (County)

R 62.5%
D 35.7%

Winner: Republican by 26.8 points

Education

Bachelor's Degree+17.4%
48% below US avg
High School+92.3%
School Test Score6.08
C Education Grade (2.4/5.0)

Urban-Rural Classification

RUCC Code 3Metro — under 250K
Population Density1,123/sq mi
Total Area1.2 sq mi

Infrastructure & Services

Alt Fuel Stations1
Public Libraries10
Healthcare Facilities529
Restaurants391
Retail Stores642

Safety & Disasters

Fatal Crashes (County/yr)10

Commute & Transportation

Avg Commute20.0 min
Work from Home11.0%

Nearby Cities

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