Richmond, MN
Full City Profile · Minnesota · Stearns County County
3.1
/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
28.4% income on rent
42°F
Avg Temperature
276 sunny days/yr
70
Violent Crime/100K
1,264 property/100K
B
Overall
3.1 / 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
F
Safety
1.0 / 5.0
70 violent crimes/100K
C
Education
2.4 / 5.0
17.4% bachelor's degree or higher
Income Overview
Median Household Income
$67,381
10% below
US avg: $75,149
Per Capita Income
$33,277
15% below
US avg: $39,052
Unemployment Rate
1.3%
64% below
US avg: 3.6%
Poverty Rate
8.1%
35% below
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
$67,381
90%
Per Capita
US: $39,052
$33,277
85%
IRS Avg AGI
US: $72,000
$79,564
111%
Avg Weekly Wage
US: $1,432
$1,198
84%
Thin line = U.S. average (100%)
Employment & Commute
Avg Weekly Wage
$1,198
16% below US avg ($1,432)
Mean Commute Time
20 min
28% below US avg (28 min)
Work From Home
11.0%
28% below US avg (15.2%)
Drive Alone
81.7%
12% above US avg (73.2%)
Public Transit
0.7%
86% below US avg (5.0%)
County GDP
$12,618M
County-level GDP (BEA 2024)
How Residents Get to Work
Drive Alone
81.7%
Public Transit
0.7%
Work From Home
11%
Other
6.6%
Average commute time
20 minutes
US avg: 28 min
Business Landscape
Total Establishments
4,733
Restaurants
391
Healthcare
529
Retail
642
Manufacturing
231
Tax & Financial
IRS Avg Adjusted Gross Income
$79,564
11% above US avg ($72,000)
Avg Property Tax
$5,101
46% above US avg ($3,500)
Cost of Living Index
98.6
Below national average (100 = US avg)
Complete Economy Data
Income & Wages
| Median Household Income | $67,381 |
| Per Capita Income | $33,277 |
| IRS Avg Adjusted Gross Income | $79,564 |
| Avg Weekly Wage | $1,198 |
| County GDP | $12,618M |
Hardship Indicators
| Unemployment Rate | 1.3% |
| Poverty Rate | 8.1% |
| Gini Coefficient | 0.431 |
| Cost of Living Index | 98.6 |
Commute
| Mean Commute | 20 minutes |
| Drive Alone | 81.7% |
| Public Transit | 0.7% |
| Work From Home | 11.0% |
Businesses
| Total Establishments | 4,733 |
| Restaurants | 391 |
| Healthcare | 529 |
| Retail | 642 |
| Manufacturing | 231 |
Tax
| IRS Avg AGI | $79,564 |
| Avg Property Tax | $5,101 |
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