Median Income
$70,500
6% lower than US avg
Home Value
$139,000
51% lower than US avg
Bachelor's+
9.1%
73% lower than US avg
Median Rent
$636
45% lower than US avg
Unemployment
11.4%
217% higher than US avg
Poverty Rate
14.8%
19% higher than US avg
How Richmond Compares to the U.S. Average (100% = U.S. avg)
People
Population1,456
Median Age43.2 yrs
Density15/mi²
Male / Female51% / 49%
Largest GroupWhite 98%
Economy
C+
Median Income$70,500
Per Capita$38,900
Unemployment11.4%
Poverty14.8%
Commute24 min
Housing
A+
Home Value$139,000
Rent$636
OwnershipN/A
Housing Units540
Rent Burden13.3%
Education
D
Bachelor's+9.1%
High School+34.8%
Graduate+1.3%
Is Richmond a Good Place to Live?
Based on current data, Richmond receives an overall livability score of 3.1 out of 5.0, earning a grade of B. Key strengths include affordable housing. Areas to be aware of include above-average unemployment. 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 $70,500, roughly in line with the national average of $75,149. At 11.4%, unemployment is notably high. 14.8% of residents live in poverty, near the national average of 12.4%. Workers commute an average of 24 minutes.
Cost of Living & Housing
The median home value in Richmond is $139,000, 51% below the national median — offering relatively affordable homeownership. Renters pay a median of $636 per month, below the national average — a plus for affordability. At just 2x median income, home prices are very affordable relative to local earnings.
Education
9.1% of residents hold a bachelor's degree, below the national average of 33.7%. 34.8% have completed high school.
Richmond has a population of 1,456 with a density of 15 people per square mile. The median age is 43.2 years, 11% older than the national median of 38.9. The city is predominantly White (97.6%), with 1.7% Black.
Population
43.2yrs
Median Age
11% above US avg
Language Spoken at Home
| English Only | 93.8% |
| 20% above US avg |
| Spanish | 1.0% |
| 92% below US avg |
| Other Languages | 5.2% |
The median household income in Richmond is $70,500, which is 6% below the national average of $75,149. The unemployment rate is 11.4% (above the 3.6% US average). 14.8% of residents live below the poverty line. Workers commute an average of 24 minutes.
Income
| Median HH Income | $70,500 |
| 6% below US avg |
| Per Capita Income | $38,900 |
Employment & Poverty
| Unemployment | 11.4% |
| 217% above US avg |
| Poverty Rate | 14.8% |
| 19% above US avg |
Commute & Transportation
| Commute Time | 24.4 min |
| Drive Alone | 95.4% |
| Public Transit | 0.0% |
| Work from Home | 14.8% |
The median home value in Richmond is $139,000, 51% below the national average. Monthly rent averages $636 (45% below US avg).
Home Values
| Census Median | $139,000 |
| 51% below US avg |
Real Estate Market (Redfin)
Rental Costs
| Census Median Rent | $636 |
| 45% below US avg |
| Rent Burden | 13.3% |
Ownership & Property
| Owner-Occupied | 89.8% |
| Renter-Occupied | 11.1% |
| Housing Units | 540 |
Property Tax
Health Metrics: Richmond vs U.S. Average (%)
Behaviors & Mental Health
Healthcare Access
Food & Exercise
Crime Rates: Richmond vs U.S. Average (per 100,000)
Geography
| Area | 99.9 sq mi (258.8 km²) |
| Population Density | 15/sq mi |
| Coordinates | 0.0000°N, 0.0000°W |