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 5,839.
The median home value in Richmond is $302,997.
The median income in Richmond is $61,715.
The cost of living in Richmond is 98 which is 1.0x lower than the national average.
The median rent in Richmond is $870.
The unemployment rate in Richmond is 8.4%.
The poverty rate in Richmond is 23.4%.
The average high in Richmond is 57.3° and the average low is 37.8°.
Crime in Richmond summary. We use data from the FBI to determine the crime rates in Richmond. Key points include:
There were 40 total crimes in Richmond in the last reporting year.
The overall crime rate per 100,000 people in Richmond is 687.3 / 100k people.
The violent crime rate per 100,000 people in Richmond is 85.9 / 100k people.
The property crime rate per 100,000 people in Richmond is 601.4 / 100k people.
Overall, crime in Richmond is -67.57% below the national average.
| Statistic | Count Raw |
Richmond / 100k People |
Michigan / 100k People |
National / 100k People |
|---|---|---|---|---|
| Total Crimes Per 100K | 40 | 687.3 | 1,813.2 | 2,119.2 |
| Violent Crime | 5 | 85.9 | 434.3 | 359.0 |
| Murder | 0 | 0.0 | 5.2 | 5.0 |
| Robbery | 0 | 0.0 | 31.3 | 61.0 |
| Aggravated Assault | 4 | 68.7 | 341.3 | 256.0 |
| Property Crime | 35 | 601.4 | 1,378.9 | 1,760.0 |
| Burglary | 5 | 85.9 | 184.2 | 229.0 |
| Larceny | 26 | 446.7 | 963.6 | 1,272.0 |
| Car Theft | 4 | 68.7 | 231.0 | 259.0 |
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 Michigan. Key points include:
The cost of living in Richmond is 98 with 100 being average.
The cost of living in Richmond is 1.0x lower than the national average.
The median home value in Richmond is $302,997.
The median income in Richmond is $61,715.
| Living Expense | Richmond | Michigan | National Average | |
|---|---|---|---|---|
| Overall | 98 | 90 | 100 | |
| Services | 102 | 93 | 100 | |
| Groceries | 101 | 97 | 100 | |
| Health | 100 | 91 | 100 | |
| Housing | 94 | 72 | 100 | |
| Transportation | 99 | 96 | 100 | |
| Utilities | 95 | 99 | 100 | |
The average high in Richmond is 57.3° and the average low is 37.8°.
There are 67.9 days of precipitation each year.
Expect an average of 33.8 inches of precipitation each year with 35.6 inches of snow.
| Stat | Richmond |
|---|---|
| Average Annual High | 57.3 |
| Average Annual Low | 37.8 |
| Annual Precipitation Days | 67.9 |
| Average Annual Precipitation | 33.8 |
| Average Annual Snowfall | 35.6 |
The current population in Richmond is 5,839. The population has increased 3.7% from 2010.
| Year | Population | % Change |
|---|---|---|
| 2023 | 5,839 | -0.2% |
| 2022 | 5,852 | -0.3% |
| 2021 | 5,871 | 0.3% |
| 2020 | 5,851 | -0.3% |
| 2019 | 5,869 | -0.1% |
| 2018 | 5,874 | 0.1% |
| 2017 | 5,871 | 0.5% |
| 2016 | 5,844 | 0.3% |
| 2015 | 5,825 | 0.3% |
| 2014 | 5,806 | 0.7% |
| 2013 | 5,768 | 0.8% |
| 2012 | 5,720 | 0.8% |
| 2011 | 5,674 | 0.8% |
| 2010 | 5,630 | - |
80.3% White with 4,686 White residents.
2.2% African American with 131 African American residents.
0.0% American Indian with 0 American Indian residents.
0.0% Asian with 0 Asian residents.
7.5% Hawaiian with 440 Hawaiian residents.
0.0% Other with 0 Other residents.
2.5% Two Or More with 148 Two Or More residents.
7.4% Hispanic with 434 Hispanic residents.
| Race | Richmond | MI | USA |
|---|---|---|---|
| White | 80.3% | 73.0% | 58.2% |
| African American | 2.2% | 13.2% | 12.0% |
| American Indian | 0.0% | 0.3% | 0.5% |
| Asian | 0.0% | 3.3% | 5.7% |
| Hawaiian | 7.5% | 0.0% | 0.2% |
| Other | 0.0% | 0.4% | 0.5% |
| Two Or More | 2.5% | 4.1% | 3.9% |
| Hispanic | 7.4% | 5.7% | 19.0% |
Richmond is 56.5% female with 3,299 female residents.
Richmond is 43.5% male with 2,539 male residents.
| Gender | Richmond | MI | USA |
|---|---|---|---|
| Female | 56.5% | 50.4% | 50.5% |
| Male | 43.5% | 49.6% | 49.5% |
6.0% of adults in Richmond completed < 9th grade.
13.0% of adults in Richmond completed 9-12th grade.
31.0% of adults in Richmond completed high school / ged.
23.0% of adults in Richmond completed some college.
7.0% of adults in Richmond completed associate's degree.
13.0% of adults in Richmond completed bachelor's degree.
7.0% of adults in Richmond completed master's degree.
0.0% of adults in Richmond completed professional degree.
0.0% of adults in Richmond completed doctorate degree.
| Education | Richmond | MI | USA |
|---|---|---|---|
| < 9th Grade | 6.0% | 3.0% | 5.0% |
| 9-12th Grade | 13.0% | 6.0% | 6.0% |
| High School / GED | 31.0% | 28.0% | 26.0% |
| Some College | 23.0% | 22.0% | 19.0% |
| Associate's Degree | 7.0% | 10.0% | 9.0% |
| Bachelor's Degree | 13.0% | 19.0% | 21.0% |
| Master's Degree | 7.0% | 9.0% | 10.0% |
| Professional Degree | 0.0% | 2.0% | 2.0% |
| Doctorate Degree | 0.0% | 1.0% | 2.0% |
6.8% of households in Richmond earn Less than $10,000.
3.8% of households in Richmond earn $10,000 to $14,999.
12.7% of households in Richmond earn $15,000 to $24,999.
7.7% of households in Richmond earn $25,000 to $34,999.
8.0% of households in Richmond earn $35,000 to $49,999.
22.9% of households in Richmond earn $50,000 to $74,999.
8.7% of households in Richmond earn $75,000 to $99,999.
19.6% of households in Richmond earn $100,000 to $149,999.
5.7% of households in Richmond earn $150,000 to $199,999.
4.1% of households in Richmond earn $200,000 or more.
| Income | Richmond | MI | USA |
|---|---|---|---|
| Less than $10,000 | 6.8% | 5.0% | 4.9% |
| $10,000 to $14,999 | 3.8% | 3.9% | 3.6% |
| $15,000 to $24,999 | 12.7% | 7.1% | 6.6% |
| $25,000 to $34,999 | 7.7% | 7.6% | 6.8% |
| $35,000 to $49,999 | 8.0% | 11.8% | 10.4% |
| $50,000 to $74,999 | 22.9% | 16.9% | 15.7% |
| $75,000 to $99,999 | 8.7% | 13.4% | 12.7% |
| $100,000 to $149,999 | 19.6% | 16.9% | 17.4% |
| $150,000 to $199,999 | 5.7% | 8.3% | 9.3% |
| $200,000 or more | 4.1% | 9.0% | 12.6% |