Last updated: 2024 BLS data · Page refreshed:
New Richmond has a population of 2,766 with a median age of 36.1. Here is the racial and ethnic breakdown of the population:
| Demographic | Value |
|---|---|
| Total Population | 2,766 |
| Median Age | 36.1 |
| White | 89.6% |
| Black or African American | 7.2% |
| Hispanic or Latino | 0.5% |
| Other / Two or More Races | 2.7% |
The median household income in New Richmond is $80,536, which is 0.1% below the national median of $80,610. The per capita income is $39,119. The poverty rate is 11.5%.
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In New Richmond, 89.9% of residents age 25+ have a high school diploma or higher, and 27.0% hold a bachelor's degree or higher (11.7% with a graduate or professional degree).
| Education Level | % of Adults (25+) |
|---|---|
| High School Diploma or Higher | 89.9% |
| Bachelor's Degree or Higher | 27.0% |
| Graduate or Professional Degree | 11.7% |
The median home value in New Richmond is $235,900, below the national median of $303,400. The median monthly rent is $738. The homeownership rate is 72.2%.
| Housing Metric | Value |
|---|---|
| Median Home Value | $235,900 |
| Median Monthly Rent | $738 |
| Homeownership Rate | 72.2% |
| Vacancy Rate | 6.9% |
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