Area type of a place is calculated based on population density, home ownership, and proximity to various amenties
Richmond, IN
Affordable
For Young Professionals
Best for Family
About Richmond
Richmond is a suburb in the Richmond Metro Area and in the Wayne County. It has a population of 35,467 and a population density of 1,485, which is 94% above the national average. It has a median age of 39, which is 2 years below the Richmond Metro median age and 1 year above the national average.
Richmond has a median home value of $113,800, which is 12% above the Metro average.The average rent of $783 is 12% above the metro average rent and 26% below the national average rent, making it one of the most affordable places to live in Richmond. The average household income in Richmond is $40,871 , which is 14% below the Metro average household income and 37% below the national average of household income.
The average school rating in Richmond is 5., making it one of the best places to raise a family in Richmond.
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Richmond Zip Code
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Demographics
Richmond's population is made up of 40% married, 36% single, 17% divorced and 7% widowed. Baby Boomers make up the largest percentage of the population at 37%, while Millennials have the second largest segment at 27%. Homeowners make up 54% of the population in Richmond.
- 48% Male
- 52% Female
Employment
The Per Capita income in Richmond is $23,880. The Median Household Income is $41,569 and the Richmond Unemployment Rate is 6%.