Richmond, NB

Full City Profile · New Brunswick

3.0 /5.0

B Good

1,456 Population 15/sq mi density

$70,500 Median Income $38,900 per capita

$139,000 Home Value

$636 Median Rent 13.3% income on rent

40°F Avg Temperature 260 sunny days/yr

Overall

3.0 / 5.0

Good overall score based on economy, affordability, safety and education

C+

Economy

2.7 / 5.0

$70,500 median income, 11.4% unemployment

A+

Affordability

5.0 / 5.0

$139,000 home value, $636/mo rent

C+

Safety

2.5 / 5.0

Education

1.7 / 5.0

9.1% bachelor's degree or higher

Richmond, NB

At a Glance

Median Income

$70,500

6% below

$38,900 per capita

Home Value

$139,000

51% below

Median Rent

$636/mo

45% below

13.3% of income on rent

Bachelor's Degree+

9.1%

73% below

34.8% high school+

Unemployment

11.4%

217% above

14.8% poverty rate

Avg Temperature

40°F

260 sunny days/yr

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)

Income

94%

Home Value

49%

Rent

55%

Poverty

119%

Bachelor's

27%

Unemployment

317%

Thin vertical line = U.S. national average (100%)

Is Richmond a Good Place to Live?

3.0 / 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 $70,500 , which is 6% below the national average of $75,149. Per capita income is $38,900. The unemployment rate stands at 11.4% (217% above the U.S. rate of 3.6%). 14.8% of residents live below the poverty line. The area is home to 45 business establishments.

Housing & Cost of Living

The median home value in Richmond is $139,000 , 51% below the national median of $281,900. Median rent is $636/month, with 13.3% of renters spending more than 30% of income on housing.

Education

9.1% of adults in Richmond hold a bachelor's degree or higher (73% below the national average). 34.8% have completed high school.

Climate & Weather

Richmond has an average annual temperature of 40°F (4°C). Winters average 11°F in January while summers reach 66°F in July. The area gets 260 sunny days per year. Annual precipitation totals 41.7 inches.

Data Overview

People

Population1,456

Median Age43.2 yrs

Density15/mi²

Male / Female51% / 49%

Economy

C+

Median Income$70,500

Per Capita$38,900

Unemployment11.4%

Poverty14.8%

Avg Weekly Wage$748

Housing

A+

Home Value$139,000

Rent$636

Ownership89.8%

Housing Units540

Rent Burden13.3%

Crime

C+

Property3,500/100K

Burglary484/100K

Climate

Avg Temp40°F

Sunny Days260/yr

Rain41.7 in/yr

Elevation594 ft

Education

Bachelor's+9.1%

High School+34.8%

Graduate+1.3%

Community

Commute24 min