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Richmond, Louisiana

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
447
Population
$45,500
Median Income
$161,400
Home Value
65.9
Median Age

Demographics

Richmond has a population of 447 with a median age of 65.9. Here is the racial and ethnic breakdown of the population:

White
82.8%
Black
15.9%
Other
0.9%
Demographic Value
Total Population447
Median Age65.9
White82.8%
Black or African American15.9%
Hispanic or Latino0.4%
Other / Two or More Races0.9%
Richmond, Louisiana — racial composition (Census ACS 2024)Donut chart of 3 segments totaling 100.White: 82.8%Black: 15.9%Other: 1.3%447PopulationWhiteWhite82.8%BlackBlack15.9%OtherOther1.3%

Income & Economy

The median household income in Richmond is $45,500, which is 43.6% below the national median of $80,610. The per capita income is $30,462. The poverty rate is 7.0%.

$45,500
Median Household Income
$30,462
Per Capita Income
7.0%
Poverty Rate

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Education

In Richmond, 87.5% of residents age 25+ have a high school diploma or higher, and 14.4% hold a bachelor's degree or higher (4.2% with a graduate or professional degree).

HS Diploma+
87.5%
Bachelor's+
14.4%
Graduate+
4.2%
Education Level % of Adults (25+)
High School Diploma or Higher87.5%
Bachelor's Degree or Higher14.4%
Graduate or Professional Degree4.2%

Housing

The median home value in Richmond is $161,400, below the national median of $303,400. The median monthly rent is $817. The homeownership rate is 85.6%.

$161,400
Median Home Value
$817/mo
Median Rent
85.6%
Homeownership Rate
Housing Metric Value
Median Home Value$161,400
Median Monthly Rent$817
Homeownership Rate85.6%
Vacancy Rate15.1%

Salaries in Louisiana

Explore salary data for popular occupations in Louisiana:

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Other Cities in Louisiana

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Frequently Asked Questions

What is the population of Richmond, Louisiana?
The population of Richmond, Louisiana is 447 according to U.S. Census Bureau ACS 2024 5-Year Estimates.
What is the median household income in Richmond, Louisiana?
The median household income in Richmond, Louisiana is $45,500. This is 43.6% below the national median of $80,610.
What is the median home value in Richmond, Louisiana?
The median home value in Richmond, Louisiana is $161,400. The median monthly rent is $817.
What percentage of people in Richmond have a college degree?
In Richmond, Louisiana, 14.4% of adults age 25 and older hold a bachelor's degree or higher, and 87.5% have a high school diploma or higher.
Is Richmond, Louisiana an affordable place to live?
The home price-to-income ratio in Richmond, Louisiana is 3.5x (median home value $161,400 vs. median income $45,500), making it relatively affordable by that measure. A ratio under 4.0 is generally considered affordable.

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