Richmond, IN
Demographics And Statistics

Demographics | Cost Of Living
Updated: 2025-10-25

Living In Richmond, Indiana Summary

Life in Richmond research summary. HomeSnacks has been using Saturday Night Science to research the quality of life in Richmond over the past nine years using Census, FBI, Zillow, and other primary data sources. Based on the most recently available data, we found the following about life in Richmond:

  • The population in Richmond is 35,551.

  • The median home value in Richmond is $151,962.

  • The median income in Richmond is $46,395.

  • The cost of living in Richmond is 82 which is 0.8x lower than the national average.

  • The median rent in Richmond is $815.

  • The unemployment rate in Richmond is 7.2%.

  • The poverty rate in Richmond is 23.2%.

  • The average high in Richmond is 60.9° and the average low is 40.6°.

Richmond SnackAbility

5
Overall SnackAbility
Jobs
5/10
Housing
4
Affordability
8
Diversity
8
Safety
N/A
Amenities
8.5
Education
6
Commute
9

Richmond, IN Cost Of Living

Cost of living in Richmond summary. We use data on the cost of living to determine how expensive it is to live in Richmond. Real estate prices drive most of the variance in cost of living around Indiana. Key points include:

  • The cost of living in Richmond is 82 with 100 being average.

  • The cost of living in Richmond is 0.8x lower than the national average.

  • The median home value in Richmond is $151,962.

  • The median income in Richmond is $46,395.

82
Richmond's Overall Cost Of Living
0.8x
Lower Than The National Average

Cost Of Living In Richmond Comparison Table

Living Expense Richmond Indiana National Average
Overall 82 92 100
Services 87 95 100
Groceries 96 97 100
Health 83 94 100
Housing 54 73 100
Transportation 94 94 100
Utilities 98 107 100

Richmond, IN Weather

  • The average high in Richmond is 60.9° and the average low is 40.6°.

  • There are 78.6 days of precipitation each year.

  • Expect an average of 41.6 inches of precipitation each year with 19.3 inches of snow.

StatRichmond
Average Annual High60.9
Average Annual Low40.6
Annual Precipitation Days78.6
Average Annual Precipitation41.6
Average Annual Snowfall19.3
60.9°
Average High
78.6
Days of Rain

Richmond, IN Photos

Wayne County Courthouse In Richmondc Front
Source: Public Domain
Richmond Indiana From Above
Source: Public Domain
Waynecountycourthouse
Source: Wikipedia User Photo by Greg Hume (Greg5 | CC BY-SA 3.0

Richmond Articles

Rankings for Richmond in Indiana

Locations Around Richmond

Map Of Richmond, IN

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7

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10

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Population 12,097

Richmond Demographics And Statistics

Population over time in Richmond

The current population in Richmond is 35,551. The population has decreased -4.2% from 2010.

Year Population % Change
2023 35,551 -0.3%
2022 35,642 -0.6%
2021 35,854 1.1%
2020 35,467 -0.2%
2019 35,539 -0.3%
2018 35,653 -0.5%
2017 35,819 -0.7%
2016 36,082 -0.6%
2015 36,291 -0.6%
2014 36,527 -0.5%
2013 36,727 -0.3%
2012 36,836 -0.3%
2011 36,939 -0.5%
2010 37,125 -

Race / Ethnicity in Richmond

White
79.3% (28,201)
African American
6.6% (2,348)
American Indian
0.0% (15)
Asian
1.7% (611)
Hawaiian
0.0% (5)
Other
0.5% (172)
Two Or More
6.6% (2,352)
Hispanic
5.2% (1,847)

Richmond is:

  • 79.3% White with 28,201 White residents.

  • 6.6% African American with 2,348 African American residents.

  • 0.0% American Indian with 15 American Indian residents.

  • 1.7% Asian with 611 Asian residents.

  • 0.0% Hawaiian with 5 Hawaiian residents.

  • 0.5% Other with 172 Other residents.

  • 6.6% Two Or More with 2,352 Two Or More residents.

  • 5.2% Hispanic with 1,847 Hispanic residents.

Race Richmond IN USA
White 79.3% 76.1% 58.2%
African American 6.6% 9.1% 12.0%
American Indian 0.0% 0.1% 0.5%
Asian 1.7% 2.5% 5.7%
Hawaiian 0.0% 0.0% 0.2%
Other 0.5% 0.4% 0.5%
Two Or More 6.6% 3.4% 3.9%
Hispanic 5.2% 8.4% 19.0%

Gender in Richmond

Female
52.0% (18,486)
Male
48.0% (17,065)
  • Richmond is 52.0% female with 18,486 female residents.

  • Richmond is 48.0% male with 17,065 male residents.

Gender Richmond IN USA
Female 52.0% 50.4% 50.5%
Male 48.0% 49.6% 49.5%

Highest level of educational attainment in Richmond for adults over 25

  • 5.0% of adults in Richmond completed < 9th grade.

  • 9.0% of adults in Richmond completed 9-12th grade.

  • 34.0% of adults in Richmond completed high school / ged.

  • 23.0% of adults in Richmond completed some college.

  • 9.0% of adults in Richmond completed associate's degree.

  • 12.0% of adults in Richmond completed bachelor's degree.

  • 5.0% of adults in Richmond completed master's degree.

  • 2.0% of adults in Richmond completed professional degree.

  • 1.0% of adults in Richmond completed doctorate degree.

< 9th Grade
5.0% (1,777)
9-12th Grade
9.0% (3,199)
High School / GED
34.0% (12,087)
Some College
23.0% (8,176)
Associate's Degree
9.0% (3,199)
Bachelor's Degree
12.0% (4,266)
Master's Degree
5.0% (1,777)
Professional Degree
2.0% (711)
Doctorate Degree
1.0% (355)
Education Richmond IN USA
< 9th Grade 5.0% 3.0% 5.0%
9-12th Grade 9.0% 6.0% 6.0%
High School / GED 34.0% 33.0% 26.0%
Some College 23.0% 20.0% 19.0%
Associate's Degree 9.0% 9.0% 9.0%
Bachelor's Degree 12.0% 18.0% 21.0%
Master's Degree 5.0% 8.0% 10.0%
Professional Degree 2.0% 2.0% 2.0%
Doctorate Degree 1.0% 1.0% 2.0%

Household Income For Richmond, Indiana

  • 8.8% of households in Richmond earn Less than $10,000.

  • 7.0% of households in Richmond earn $10,000 to $14,999.

  • 12.2% of households in Richmond earn $15,000 to $24,999.

  • 11.9% of households in Richmond earn $25,000 to $34,999.

  • 13.2% of households in Richmond earn $35,000 to $49,999.

  • 15.9% of households in Richmond earn $50,000 to $74,999.

  • 13.6% of households in Richmond earn $75,000 to $99,999.

  • 11.6% of households in Richmond earn $100,000 to $149,999.

  • 2.8% of households in Richmond earn $150,000 to $199,999.

  • 3.0% of households in Richmond earn $200,000 or more.

Less than $10,000
8.8% (314,541)
$10,000 to $14,999
7.0% (250,468)
$15,000 to $24,999
12.2% (432,495)
$25,000 to $34,999
11.9% (421,330)
$35,000 to $49,999
13.2% (470,599)
$50,000 to $74,999
15.9% (565,253)
$75,000 to $99,999
13.6% (483,462)
$100,000 to $149,999
11.6% (410,651)
$150,000 to $199,999
2.8% (101,206)
$200,000 or more
3.0% (105,089)
Income Richmond IN USA
Less than $10,000 8.8% 4.9% 4.9%
$10,000 to $14,999 7.0% 3.5% 3.6%
$15,000 to $24,999 12.2% 7.1% 6.6%
$25,000 to $34,999 11.9% 7.8% 6.8%
$35,000 to $49,999 13.2% 12.2% 10.4%
$50,000 to $74,999 15.9% 17.9% 15.7%
$75,000 to $99,999 13.6% 13.9% 12.7%
$100,000 to $149,999 11.6% 17.2% 17.4%
$150,000 to $199,999 2.8% 7.9% 9.3%
$200,000 or more 3.0% 7.6% 12.6%

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