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Richmond, Maine

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
2,089
Population
$73,014
Median Income
$221,100
Home Value
34.3
Median Age

Demographics

Richmond has a population of 2,089 with a median age of 34.3. Here is the racial and ethnic breakdown of the population:

White
98.9%
Other
1.1%
Demographic Value
Total Population2,089
Median Age34.3
White98.9%
Other / Two or More Races1.1%
Richmond, Maine — racial composition (Census ACS 2024)Donut chart of 2 segments totaling 100.White: 98.9%Other: 1.1%2,089PopulationWhiteWhite98.9%OtherOther1.1%

Income & Economy

The median household income in Richmond is $73,014, which is 9.4% below the national median of $80,610. The per capita income is $32,248. The poverty rate is 7.1%.

$73,014
Median Household Income
$32,248
Per Capita Income
7.1%
Poverty Rate

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Education

In Richmond, 97.3% of residents age 25+ have a high school diploma or higher, and 34.9% hold a bachelor's degree or higher (12.9% with a graduate or professional degree).

HS Diploma+
97.3%
Bachelor's+
34.9%
Graduate+
12.9%
Education Level % of Adults (25+)
High School Diploma or Higher97.3%
Bachelor's Degree or Higher34.9%
Graduate or Professional Degree12.9%

Housing

The median home value in Richmond is $221,100, below the national median of $303,400. The median monthly rent is $1,067. The homeownership rate is 54.7%.

$221,100
Median Home Value
$1,067/mo
Median Rent
54.7%
Homeownership Rate
Housing Metric Value
Median Home Value$221,100
Median Monthly Rent$1,067
Homeownership Rate54.7%
Vacancy Rate11.9%

Salaries in Maine

Explore salary data for popular occupations in Maine:

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Other Cities in Maine

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Frequently Asked Questions

What is the population of Richmond, Maine?
The population of Richmond, Maine is 2,089 according to U.S. Census Bureau ACS 2024 5-Year Estimates.
What is the median household income in Richmond, Maine?
The median household income in Richmond, Maine is $73,014. This is 9.4% below the national median of $80,610.
What is the median home value in Richmond, Maine?
The median home value in Richmond, Maine is $221,100. The median monthly rent is $1,067.
What percentage of people in Richmond have a college degree?
In Richmond, Maine, 34.9% of adults age 25 and older hold a bachelor's degree or higher, and 97.3% have a high school diploma or higher.
Is Richmond, Maine an affordable place to live?
The home price-to-income ratio in Richmond, Maine is 3.0x (median home value $221,100 vs. median income $73,014), making it relatively affordable by that measure. A ratio under 4.0 is generally considered affordable.

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