Last updated: 2024 BLS data · Page refreshed:
Richmond has a population of 640 with a median age of 56.8. Here is the racial and ethnic breakdown of the population:
| Demographic | Value |
|---|---|
| Total Population | 640 |
| Median Age | 56.8 |
| White | 97.5% |
| Asian | 0.3% |
| Hispanic or Latino | 1.1% |
| Other / Two or More Races | 1.1% |
The median household income in Richmond is $59,375, which is 26.3% below the national median of $80,610. The per capita income is $28,761. The poverty rate is 10.6%.
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In Richmond, 88.7% of residents age 25+ have a high school diploma or higher, and 8.4% hold a bachelor's degree or higher (0.6% with a graduate or professional degree).
| Education Level | % of Adults (25+) |
|---|---|
| High School Diploma or Higher | 88.7% |
| Bachelor's Degree or Higher | 8.4% |
| Graduate or Professional Degree | 0.6% |
The median home value in Richmond is $126,800, below the national median of $303,400. The median monthly rent is $742. The homeownership rate is 79.6%.
| Housing Metric | Value |
|---|---|
| Median Home Value | $126,800 |
| Median Monthly Rent | $742 |
| Homeownership Rate | 79.6% |
| Vacancy Rate | 8.2% |
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