City profile · Indiana · Census ACS 2023

Richmond, IN

Population, income, housing, safety, climate and schools for Richmond - drawn straight from Census ACS, FBI UCR, NOAA, NCES, HUD and FEMA, refreshed on the 2024–2025 release cycle.

35,551
Residents
$46,395
Median income
$107,600
Median home
$956
Median rent (state)

Richmond - the verdict

Measured against every US city with at least 1,000 residents, Richmond lands in the 14th percentile for household income. Source: Census ACS.

14th
percentile, household income
12th
percentile, home value
11th
percentile, median rent
📝 How we sourced this

Population, income, and housing-cost figures come from the U.S. Census Bureau American Community Survey 5-year estimates (B-series tables). Crime data uses FBI UCR; climate uses NOAA Climate Normals; school counts come from NCES Common Core of Data; permits use the Census Building Permits Survey (BPS). See our methodology page for the full ETL pipeline and OMB / FIPS join keys.

Data Snapshot: Richmond, IN

35,551 people live in Richmond, Indiana - a small city by U.S. Census Bureau ACS 2023 estimates. Richmond households earn a median of $46,395 annually, in the lower quartile of U.S. cities for household income, with a poverty rate of 17.9%. Typical homes in Richmond are valued around $107,600, and the median resident age is 38.1 years. Educational attainment runs 20.6% of adults with a bachelor's degree or higher. Separately, 53.2% of working-age residents are in the labor force.

In 2024, 4 residential building permits were authorized in Richmond (Construction Slowdown), down 33% from five years earlier, per Census BPS data.

Living costs in Indiana run below the national norm: on BEA's 100-equals-national-average cost index, Indiana scores 93.3 (Below Average), per the 2024 Regional Price Parities release. Statewide, HUD pegs Fair Market Rent for a two-bedroom unit at $956 monthly. Statewide, average monthly utility bills in Indiana run around $235, per EIA 2023 residential energy data. Natural-hazard exposure scores 74.1 out of 100 on FEMA's National Risk Index (High).

Population

35,551 residents

Census ACS 2023 - Indiana

Median Household Income

$46,395 /yr

Poverty 17.9%

Cost of Living Index (state)

93.3 (US=100)

Below Average - BEA RPP 2024, Indiana average

How does Richmond compare to other US cities?

Richmond measured against every US city with 1,000+ residents, computed live from the same Census and FBI data shown throughout this page.

Household income 14% higher than other cities
Home value 12% pricier than other cities
Median rent 11% pricier than other cities

"Safer than" reflects total crime rate from FBI UCR; the others use Census ACS estimates.

How we calculate these percentiles & ranks

For each metric we count every US city with population 1,000+ and a non-null value, then compute what share of them fall below Richmond's value: round(cities-below ÷ total × 100). Safety is inverted (percentile = share of cities with a higher crime rate) so a higher number always means safer. The in-state rank narrows that same crime-rate comparison to only the cities PlainCities tracks in Indiana, breaking ties alphabetically. See the methodology page for the full source-to-figure lineage.

14thIncome percentile

14th percentile nationally for median household income. Source: Census ACS 2023 / FBI UCR 2023.

How Richmond's home value compares nationally

Median home value vs. every US city (population 1,000+)

$107,600 Among the most affordable more affordable than 88% of 15,600 US cities

$0–$25,000: 5 US cities (0%). Below this entry. $25,000–$50,000: 54 US cities (0%). Below this entry. $50,000–$75,000: 352 US cities (2%). Below this entry. $75,000–$100,000: 1,086 US cities (7%). Below this entry. $100,000–$125,000: 1,516 US cities (10%). This entry sits in this band. $125,000–$150,000: 1,170 US cities (8%). Above this entry. $150,000–$175,000: 1,278 US cities (8%). Above this entry. $175,000–$200,000: 1,229 US cities (8%). Above this entry. $200,000–$225,000: 1,035 US cities (7%). Above this entry. $225,000–$250,000: 976 US cities (6%). Above this entry. $250,000–$275,000: 754 US cities (5%). Above this entry. $275,000–$300,000: 712 US cities (5%). Above this entry. $300,000–$325,000: 521 US cities (3%). Above this entry. $325,000–$350,000: 526 US cities (3%). Above this entry. $350,000–$375,000: 465 US cities (3%). Above this entry. $375,000–$400,000: 393 US cities (3%). Above this entry. $400,000–$425,000: 317 US cities (2%). Above this entry. $425,000–$450,000: 300 US cities (2%). Above this entry. $450,000–$475,000: 307 US cities (2%). Above this entry. $475,000–$500,000: 250 US cities (2%). Above this entry. $500,000–$525,000: 160 US cities (1%). Above this entry. $525,000–$550,000: 156 US cities (1%). Above this entry. $550,000–$575,000: 172 US cities (1%). Above this entry. $575,000–$600,000: 172 US cities (1%). Above this entry. $600,000–$625,000: 163 US cities (1%). Above this entry. $625,000–$650,000: 167 US cities (1%). Above this entry. $650,000–$675,000: 135 US cities (1%). Above this entry. $675,000–$700,000: 101 US cities (1%). Above this entry. $700,000–$725,000: 95 US cities (1%). Above this entry. $725,000–$750,000: 71 US cities (0%). Above this entry. $750,000–$775,000: 65 US cities (0%). Above this entry. $775,000–$800,000: 70 US cities (0%). Above this entry. $800,000–$825,000: 57 US cities (0%). Above this entry. $825,000–$850,000: 67 US cities (0%). Above this entry. $850,000–$875,000: 60 US cities (0%). Above this entry. $875,000–$900,000: 58 US cities (0%). Above this entry. $900,000–$925,000: 47 US cities (0%). Above this entry. $925,000–$950,000: 37 US cities (0%). Above this entry. $950,000–$975,000: 31 US cities (0%). Above this entry. $975,000–$1,000,000: 470 US cities (3%). Above this entry. $1,000,000–$1,025,000: 0 US cities (0%). Above this entry. Richmond $0 $1,025,000 every US city, bucketed by value

Each bar is a $25K-wide band; taller bars hold more US cities. The dashed line + filled bar mark this entry. Hover or tap any bar for its full count, share, and where it sits relative to this entry.

Source U.S. Census Bureau ACS 5-Year Estimates · 2023

Income distribution context

Household income distribution - Richmond, IN Richmond, IN's reported median household income shown against the U.S. national quintile-share pattern (not Richmond, IN-specific quintile data). The Lorenz curve traces the national cumulative income share against cumulative population share, perfect equality is the diagonal; observed inequality bows below. $ Household Income Distribution Richmond, IN median $46,395/yr, vs. U.S. national quintile pattern QUINTILE SHARE OF AGGREGATE INCOME Lowest 20% 3.4% Second 20% 9.2% Middle 20% 15.1% Fourth 20% 23.2% Top 20% 49.1% LORENZ CURVE cumulative income vs. population 100% 0% 100% pop. 0%
Richmond, IN's median household income (Census ACS 5-year estimate) plotted against the U.S. national income-quintile distribution pattern for context; the quintile shares and Lorenz curve are national figures, not computed specifically for Richmond, IN. Diagonal = perfect equality.

Key socioeconomic indicators

Bachelor's degree or higher (adults 25+) 20.6%

Census ACS S1501, educational attainment

Poverty rate (households below FPL) 17.9%

Census ACS S1701, poverty status

Labor force participation (adults 16+) 53.2%

Census ACS S2301, share of working-age residents in the labor force

Population
35,551
Median Income
$46,395
Median Home Value
$107,600
Median Age
38.1
Poverty Rate
17.9%
Labor force participation
53.2%
Bachelor's Degree+
20.6%

Schools

Total Schools
11
Public schools in this city

Population Change

Annual U.S. Census Bureau Population Estimates Program (PEP) estimates, 2020–2025

See the fastest-growing cities →
35,200 residents35,400 residents35,600 residents35,800 residents 202020212022202320242025 35,719 residents 35,376 residents ▼ -1.0%
Richmond's Census PEP population estimates, 2020–2025.

Housing Supply

Census Bureau Building Permits Survey (BPS) - annual residential permits authorized

📉 Construction Slowdown
Total Permits (2024)
4
housing units authorized
Single-Family
4
detached homes
Multifamily
0
apartments & condos
Supply Intensity
0.1
permits per 1,000 residents

5-Year Permit Trend (2019–2024)

Year Total
2019 6
2020 7
2021 24
2022 27
2023 2
2024 4

Permit volume decreased 33% from 2019 to 2024.

Commute Patterns

How workers travel to work, Census ACS 2023

Drive Alone
78.7%
Carpool
12.0%
Public Transit
0.5%
Walk
4.4%
Work from Home
4.1%

Based on 14,531 workers 16 and over.

Monthly Utility Costs

State-average estimates for Indiana - EIA 2023 residential energy data

Electricity
$110
avg/month
Natural Gas
$80
avg/month
Water & Sewer
$45
avg/month
Total Utilities
$235
estimated/month

Estimates reflect Indiana state averages. Actual costs vary by home size, usage, and local rates. Source: U.S. Energy Information Administration (EIA) 2023.

Living Costs & Risk

Cost of living is a Indiana state average from BEA; rent and hazard risk are county-level figures from HUD and FEMA for the county Richmond sits in

Cost of Living Index
93.3
Below Average
US average = 100 · BEA RPP 2024
Typical 2-BR Rent
$956/mo
HUD Fair Market Rent
County-level FMR estimate
Natural Hazard Risk
74.1 / 100
High
FEMA NRI composite score (county)

Similar Cities in Indiana

Plainfield
35,783 people
Merrillville
36,343 people
Valparaiso
34,377 people
Goshen
34,374 people
Crown Point
34,042 people
New Albany
37,589 people

Cities of a Similar Size Nationwide

Population-matched peers from other states, closest to Richmond's 35,551 residents (Census ACS 5-Year 2023).

Cookeville, TN
35,544 people
Monroe, NC
35,596 people
Wenatchee, WA
35,502 people
Richmond, KY
35,498 people
Fruit Cove, FL
35,609 people
Kendall West, FL
35,492 people

Cities with a Similar Household Income Nationwide

Median-household-income-matched peers from other states, closest to Richmond's $46,395 (Census ACS 5-Year 2023, table B19013).

Mohawk, MI
$46,397 median income
Lyons, OH
$46,397 median income
Monmouth, IA
$46,389 median income
Dudley, NC
$46,389 median income
Portage, PA
$46,389 median income
Forks, WA
$46,389 median income

Race & Ethnicity Composition

Race and ethnicity - Richmond, IN Race categories sum to one hundred percent per Census methodology. Hispanic or Latino is shown separately as an ethnicity overlay; it cuts across all race categories per OMB Directive 15. Race & Ethnicity Composition Richmond, IN - Census ACS, OMB race + ethnicity categories RACE, sums to 100% 79.9% 6.8% 8.1% ETHNICITY, Hispanic or Latino (any race) 5.2% White 79.9% Black or African American 6.8% Asian 1.7% American Indian 0.8% Native Hawaiian 0.0% Some other race 2.8% Two or more races 8.1% Per OMB Directive 15: Hispanic/Latino ethnicity is reported separately from the race categories.
Race categories sum to 100%. Hispanic or Latino ethnicity is reported separately and cuts across race per Census/OMB methodology.

City-level race and ethnicity, Census ACS 5-year 2023 (tables B02001, B03001), OMB Directive 15 categories.

How Richmond compares to nearby Indiana cities

Population + median household income, sourced from Census Bureau ACS 5-year B01001 (population) and B19013 (median household income).

City Population Median Household Income
Richmond (this city) 35,551 $46,395
Plainfield 35,783 $85,074
Merrillville 36,343 $64,791
Valparaiso 34,377 $67,664
Census ACS 5-year FIPS IN NCES CCD Census BPS 2024 OMB Bulletin 23-01

What do people ask about Richmond, IN?

What is the population of Richmond, IN? +

The population of Richmond, IN stands at 35,551 according to U.S. Census Bureau ACS 2023 estimates.

What is the median household income in Richmond, IN? +

Richmond households earn a median of $46,395 annually, based on Census ACS 2023 data.

What is the cost of living in Richmond? +

BEA does not publish a city-level cost-of-living figure for Richmond; the closest available measure is the Indiana state average, a cost of living index of 93.3 (U.S. average = 100), rated "Below Average" based on BEA Regional Price Parities 2024 data. Costs within Indiana vary by metro area.

What is the median home value in Richmond, IN? +

A typical home in Richmond is worth $107,600, according to Census ACS 2023 estimates.

Source: U.S. Census Bureau ACS 5-Year 2023, NCES CCD, Census BPS 2024, Census ACS B08301/B08136, U.S. Energy Information Administration (EIA) 2023, BEA Regional Price Parities 2024, HUD Fair Market Rents 2026, FEMA National Risk Index.

Read our methodology - how this data is sourced, computed, and verified.

Primary sources: Census ACS, FBI UCR, NOAA Climate Normals, NCES.

Citation & verification links Data sourced from the U.S. Census Bureau. See our methodology for details. Retrieved and formatted by PlainCities Editorial

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Every figure on PlainCities is rendered directly from Census ACS source data, no number is typed in by an editor. This page draws directly on Census ACS source data, no figure is typed in by an editor. See our editorial standards & corrections policy, the methodology behind these numbers, or report a data error.