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Richmond, Missouri

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
5,959
Population
$59,556
Median Income
$142,600
Home Value
40.1
Median Age

Demographics

Richmond has a population of 5,959 with a median age of 40.1. Here is the racial and ethnic breakdown of the population:

White
91.8%
Hispanic
3.5%
Other
3.5%
Black
0.6%
Asian
0.6%
Demographic Value
Total Population5,959
Median Age40.1
White91.8%
Black or African American0.6%
Asian0.6%
Hispanic or Latino3.5%
Other / Two or More Races3.5%
Richmond, Missouri — racial composition (Census ACS 2024)Donut chart of 4 segments totaling 100.White: 91.8%Hispanic/Latino: 3.5%Other: 3.5%Other: 1.2%5,959PopulationWhiteWhite91.8%Hispanic/LatinoHispanic/Latino3.5%OtherOther3.5%OtherOther1.2%

Income & Economy

The median household income in Richmond is $59,556, which is 26.1% below the national median of $80,610. The per capita income is $31,599. The poverty rate is 16.3%.

$59,556
Median Household Income
$31,599
Per Capita Income
16.3%
Poverty Rate

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Education

In Richmond, 90.0% of residents age 25+ have a high school diploma or higher, and 13.2% hold a bachelor's degree or higher (4.6% with a graduate or professional degree).

HS Diploma+
90.0%
Bachelor's+
13.2%
Graduate+
4.6%
Education Level % of Adults (25+)
High School Diploma or Higher90.0%
Bachelor's Degree or Higher13.2%
Graduate or Professional Degree4.6%

Housing

The median home value in Richmond is $142,600, below the national median of $303,400. The median monthly rent is $722. The homeownership rate is 56.9%.

$142,600
Median Home Value
$722/mo
Median Rent
56.9%
Homeownership Rate
Housing Metric Value
Median Home Value$142,600
Median Monthly Rent$722
Homeownership Rate56.9%
Vacancy Rate7.9%

Salaries in Missouri

Explore salary data for popular occupations in Missouri:

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Other Cities in Missouri

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Frequently Asked Questions

What is the population of Richmond, Missouri?
The population of Richmond, Missouri is 5,959 according to U.S. Census Bureau ACS 2024 5-Year Estimates.
What is the median household income in Richmond, Missouri?
The median household income in Richmond, Missouri is $59,556. This is 26.1% below the national median of $80,610.
What is the median home value in Richmond, Missouri?
The median home value in Richmond, Missouri is $142,600. The median monthly rent is $722.
What percentage of people in Richmond have a college degree?
In Richmond, Missouri, 13.2% of adults age 25 and older hold a bachelor's degree or higher, and 90.0% have a high school diploma or higher.
Is Richmond, Missouri an affordable place to live?
The home price-to-income ratio in Richmond, Missouri is 2.4x (median home value $142,600 vs. median income $59,556), making it relatively affordable by that measure. A ratio under 4.0 is generally considered affordable.

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