Last updated: 2024 BLS data · Page refreshed:
New Richmond has a population of 433 with a median age of 37.7. Here is the racial and ethnic breakdown of the population:
| Demographic | Value |
|---|---|
| Total Population | 433 |
| Median Age | 37.7 |
| White | 97.5% |
| Asian | 1.2% |
| Hispanic or Latino | 0.5% |
| Other / Two or More Races | 0.8% |
The median household income in New Richmond is $80,329, which is 0.3% below the national median of $80,610. The per capita income is $24,575. The poverty rate is 6.9%.
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In New Richmond, 77.8% of residents age 25+ have a high school diploma or higher, and 11.3% hold a bachelor's degree or higher (2.2% with a graduate or professional degree).
| Education Level | % of Adults (25+) |
|---|---|
| High School Diploma or Higher | 77.8% |
| Bachelor's Degree or Higher | 11.3% |
| Graduate or Professional Degree | 2.2% |
The median home value in New Richmond is $89,200, below the national median of $303,400. The median monthly rent is $875. The homeownership rate is 90.6%.
| Housing Metric | Value |
|---|---|
| Median Home Value | $89,200 |
| Median Monthly Rent | $875 |
| Homeownership Rate | 90.6% |
| Vacancy Rate | 4.8% |
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