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Richmond, UT
Full City Profile · Utah · Cache County County
3.6
/5.0
B+
Good
2,971
Population
854/sq mi density
$103,047
Median Income
$39,395 per capita
$348,700
Home Value
$471,699 Zillow
$930
Median Rent
15.7% income on rent
48°F
Avg Temperature
308 sunny days/yr
37
Violent Crime/100K
422 property/100K
B+
Overall
3.6 / 5.0
Good overall score based on economy, affordability, safety and education
A+
Economy
5.0 / 5.0
$103,047 median income, 0.6% unemployment
A+
Affordability
4.8 / 5.0
$348,700 home value, $930/mo rent
F
Safety
1.0 / 5.0
37 violent crimes/100K
B+
Education
3.6 / 5.0
32.3% bachelor's degree or higher
Housing Overview
Median Home Value
$348,700
24% above
US avg: $281,900
Median Rent
$930/mo
20% below
US avg: $1,163/mo
Homeownership Rate
86.9%
33% above US avg (65.4%)
Total Housing Units
930
Median year built: 1983
Home Value by Source
Census Median
$348,700
Zillow (ZHVI)
$471,699
Median Sale Price
$519,000
Median List Price
$799,900
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
86.9%
Owner-Occupied
13.1%
Renter-Occupied
US avg: 65.4% owner-occupied
Fair Market Rents (HUD FY2026)
Studio
$981/mo
1 Bedroom
$1,082/mo
2 Bedroom
$1,313/mo
3 Bedroom
$1,746/mo
4 Bedroom
$2,105/mo
Census median rent:
$930/mo
Market Indicators (Redfin)
Median Days on Market
87 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
3
Price Drops
28.6%
of listings with price reduction
Price Per Sq Ft
$171
Active Inventory
14
homes for sale
Affordability & Housing Stock
Rent Burden
15.7%
of renters spending 30%+ of income on housing
49% below US avg (31.0%)
Median Year Built
1983
Average age of housing stock: 43 years
Homeownership Rate
86.9%
Complete Housing Data
Home Values
| Census Median Value | $348,700 |
| Zillow Home Value (ZHVI) | $471,699 |
| Median Sale Price | $519,000 |
| Median List Price | $799,900 |
| Price Per Sq Ft | $171 |
Rent
| Census Median Rent | $930 |
| FMR Studio | $981 |
| FMR 1-Bedroom | $1,082 |
| FMR 2-Bedroom | $1,313 |
| FMR 3-Bedroom | $1,746 |
| FMR 4-Bedroom | $2,105 |
Market
| Days on Market | 87 |
| Sale-to-List Ratio | 1.0% |
| Price Drops | 28.6% |
| Homes Sold | 3 |
| Active Inventory | 14 |
| Price Per Sq Ft | $171 |
Ownership & Stock
| Owner-Occupied | 86.9% |
| Renter-Occupied | 13.1% |
| Homeownership Rate | 86.9% |
| Total Housing Units | 930 |
| Median Year Built | 1983 |
| Rent Burden | 15.7% |