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Richfield, Utah

Last updated: 2024 BLS data · Page refreshed:

City Profile — Demographics, Income, Education & Housing
Data: U.S. Census Bureau, American Community Survey 2024 5-Year Estimates
8,224
Population
$74,756
Median Income
$332,500
Home Value
31.9
Median Age

Demographics

Richfield has a population of 8,224 with a median age of 31.9. Here is the racial and ethnic breakdown of the population:

White
93.6%
Hispanic
4.9%
Other
1.0%
Demographic Value
Total Population8,224
Median Age31.9
White93.6%
Black or African American0.2%
Asian0.3%
Hispanic or Latino4.9%
Other / Two or More Races1.0%
Richfield, Utah — racial composition (Census ACS 2024)Donut chart of 3 segments totaling 100.White: 93.6%Hispanic/Latino: 4.9%Other: 1.5%8,224PopulationWhiteWhite93.6%Hispanic/LatinoHispanic/Latino4.9%OtherOther1.5%

Income & Economy

The median household income in Richfield is $74,756, which is 7.3% below the national median of $80,610. The per capita income is $28,620. The poverty rate is 12.5%.

$74,756
Median Household Income
$28,620
Per Capita Income
12.5%
Poverty Rate

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Education

In Richfield, 92.4% of residents age 25+ have a high school diploma or higher, and 23.1% hold a bachelor's degree or higher (8.5% with a graduate or professional degree).

HS Diploma+
92.4%
Bachelor's+
23.1%
Graduate+
8.5%
Education Level % of Adults (25+)
High School Diploma or Higher92.4%
Bachelor's Degree or Higher23.1%
Graduate or Professional Degree8.5%

Housing

The median home value in Richfield is $332,500, above the national median of $303,400. The median monthly rent is $915. The homeownership rate is 65.0%.

$332,500
Median Home Value
$915/mo
Median Rent
65.0%
Homeownership Rate
Housing Metric Value
Median Home Value$332,500
Median Monthly Rent$915
Homeownership Rate65.0%
Vacancy Rate12.9%

Salaries in Utah

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Frequently Asked Questions

What is the population of Richfield, Utah?
The population of Richfield, Utah is 8,224 according to U.S. Census Bureau ACS 2024 5-Year Estimates.
What is the median household income in Richfield, Utah?
The median household income in Richfield, Utah is $74,756. This is 7.3% below the national median of $80,610.
What is the median home value in Richfield, Utah?
The median home value in Richfield, Utah is $332,500. The median monthly rent is $915.
What percentage of people in Richfield have a college degree?
In Richfield, Utah, 23.1% of adults age 25 and older hold a bachelor's degree or higher, and 92.4% have a high school diploma or higher.
Is Richfield, Utah an affordable place to live?
The home price-to-income ratio in Richfield, Utah is 4.4x (median home value $332,500 vs. median income $74,756), making it moderately affordable by that measure. A ratio under 4.0 is generally considered affordable.

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