Richmond SnackAbility
Overall SnackAbility
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 85 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 $156,510.
The median income in Richmond is $45,399.
Richmond's Overall Cost Of Living
Lower Than The National Average
Cost Of Living In Richmond Comparison Table
| Living Expense | Richmond | Indiana | National Average |
|---|---|---|---|
| Overall | 85 | 90 | 100 |
| Services | 97 | 97 | 100 |
| Groceries | 95 | 95 | 100 |
| Health | 57 | 72 | 100 |
| Housing | 99 | 98 | 100 |
| Transportation | 94 | 94 | 100 |
| Utilities | 94 | 96 | 100 |
Source: Cost of living index, normalized to US average = 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.
| Stat | Richmond |
|---|---|
| Average Annual High | 60.9 |
| Average Annual Low | 40.6 |
| Annual Precipitation Days | 78.6 |
| Average Annual Precipitation | 41.6 |
| Average Annual Snowfall | 19.3 |
Average High
Days of Rain
Source: NOAA climate normals (30-year)
Richmond, IN Photos
Rankings & Articles For Richmond
Locations Around Richmond
Map Of Richmond, IN
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Richmond Demographics And Statistics
Population over time in Richmond
The current population in Richmond is 35,581. The population has decreased 4.2% from 2010.
| Year | Population | % Change |
|---|---|---|
| 2024 | 35,581 | 0.1% |
| 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
See the full breakdown
Richmond is:
78.8% White with 28,031 White residents.
6.2% African American with 2,203 African American residents.
0.0% American Indian with 15 American Indian residents.
1.5% Asian with 539 Asian residents.
0.0% Hawaiian with 4 Hawaiian residents.
0.7% Other with 245 Other residents.
7.4% Two Or More with 2,631 Two Or More residents.
5.4% Hispanic with 1,913 Hispanic residents.
| Race | Richmond | IN | USA |
|---|---|---|---|
| White | 78.8% | 75.4% | 57.4% |
| African American | 6.2% | 9.1% | 11.9% |
| American Indian | 0.0% | 0.1% | 0.5% |
| Asian | 1.5% | 2.6% | 5.9% |
| Hawaiian | 0.0% | 0.0% | 0.2% |
| Other | 0.7% | 0.4% | 0.6% |
| Two Or More | 7.4% | 3.8% | 4.3% |
| Hispanic | 5.4% | 8.6% | 19.3% |
Gender in Richmond
See the full breakdown
Richmond is 51.9% female with 18,454 female residents.
Richmond is 48.1% male with 17,127 male residents.
| Gender | Richmond | IN | USA |
|---|---|---|---|
| Female | 51.9% | 50.4% | 50.5% |
| Male | 48.1% | 49.6% | 49.5% |
Highest level of educational attainment in Richmond for adults over 25
See the full breakdown
5.0% of adults in Richmond completed < 9th grade.
10.0% 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.
8.0% 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.
| Education | Richmond | IN | USA |
|---|---|---|---|
| < 9th Grade | 5.0% | 3.0% | 4.0% |
| 9-12th Grade | 10.0% | 6.0% | 6.0% |
| High School / GED | 34.0% | 33.0% | 26.0% |
| Some College | 23.0% | 19.0% | 19.0% |
| Associate's Degree | 8.0% | 9.0% | 9.0% |
| Bachelor's Degree | 12.0% | 19.0% | 22.0% |
| 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
See the full breakdown
9.4% of households in Richmond earn Less than $10,000.
7.6% of households in Richmond earn $10,000 to $14,999.
12.5% of households in Richmond earn $15,000 to $24,999.
11.0% of households in Richmond earn $25,000 to $34,999.
12.7% of households in Richmond earn $35,000 to $49,999.
16.5% of households in Richmond earn $50,000 to $74,999.
12.1% of households in Richmond earn $75,000 to $99,999.
10.8% of households in Richmond earn $100,000 to $149,999.
4.4% of households in Richmond earn $150,000 to $199,999.
2.9% of households in Richmond earn $200,000 or more.
| Income | Richmond | IN | USA |
|---|---|---|---|
| Less than $10,000 | 9.4% | 4.9% | 5.0% |
| $10,000 to $14,999 | 7.6% | 3.4% | 3.4% |
| $15,000 to $24,999 | 12.5% | 6.8% | 6.3% |
| $25,000 to $34,999 | 11.0% | 7.5% | 6.6% |
| $35,000 to $49,999 | 12.7% | 11.8% | 10.1% |
| $50,000 to $74,999 | 16.5% | 17.7% | 15.5% |
| $75,000 to $99,999 | 12.1% | 13.9% | 12.6% |
| $100,000 to $149,999 | 10.8% | 17.5% | 17.5% |
| $150,000 to $199,999 | 4.4% | 8.3% | 9.6% |
| $200,000 or more | 2.9% | 8.2% | 13.4% |
Source: U.S. Census ACS 5-year estimates (2024)
