At a Glance
Median Income
$67,381
$33,277 per capita
Home Value
$225,500
Zillow: $360,385
Median Rent
$584/mo
28.4% of income on rent
Bachelor's Degree+
17.4%
92.3% high school+
Unemployment
1.9%
8.1% poverty rate
Obesity Rate
36.4%
16.2% smoking rate
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)
Thin vertical line = U.S. national average (100%)
Is Richmond a Good Place to Live?
B+
3.8 / 5.0 - Good
Based on economy, affordability, safety, and education metrics compared to national averages.
Economy & Jobs
Richmond residents earn a median household income of $67,381 , which is 10% below the national average of $75,149.
Per capita income is $33,277. The unemployment rate stands at 1.9% (47% below the U.S. rate of 3.6%). 8.1% of residents live below the poverty line. The area is home to 4,733 business establishments, including 391 restaurants.
Housing & Cost of Living
The median home value in Richmond is $225,500 , 20% below the national median of $281,900.
Zillow estimates the typical home at $360,385. Median rent is $584/month, with 28.4% of renters spending more than 30% of income on housing. The cost of living index is 98.6 (100 = national average). The median home was built in 1975.
Education
17.4% of adults in Richmond hold a bachelor's degree or higher
(48% below the national average).
92.3% have completed high school. Local schools score 6.2/10 in standardized testing.
Climate & Weather
Richmond has an average annual temperature of 44°F (6°C).
Winters average 12°F in January while summers reach 71°F in July. Annual precipitation totals 31.0 inches. Air quality is rated Good with a median AQI of 39.
Data Overview
People
Population1,336
Median Age39.7 yrs
Density1,123/mi²
Male / Female48% / 52%
Foreign Born1.7%
Veterans6.2%
Economy
A
Median Income$67,381
Per Capita$33,277
Unemployment1.9%
Poverty8.1%
County GDP$12,618M
Avg Weekly Wage$1,198
Housing
A+
Home Value$225,500
Rent$584
Ownership87.8%
Zillow$360,385
Housing Units556
Rent Burden28.4%
Health
Obesity36.4%
Diabetes8.7%
Smoking16.2%
Heart Disease5.3%
Premature Death6,211/100K
Climate
Avg Temp44°F
Rain31.0 in/yr
AQI39 (Good)
Elevation1,119 ft
Education
C
Bachelor's+17.4%
High School+92.3%
Graduate+4.0%
School Score6.2/10
Community
2024 VoteR 62% / D 36%
Commute20 min
Broadband77.8%
Internet Speed128 Mbps
EV Stations1
Libraries10
Did You Know?
The median home in Richmond was built in 1975.
The nearest airport is St Cloud Regional (23 miles).
The Gini coefficient (income inequality) is 0.431 (U.S. avg: 0.490).
Natural hazard risk is rated "Relatively Moderate" by FEMA.
12.1% of the population has a disability.
Average internet download speed is 128 Mbps.
There are 391 restaurants in the area.
The county recorded 10 fatal vehicle crashes.