City profile · Michigan · Census ACS 2023

Richmond, MI

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.

5,839
Residents
$61,715
Median income
$228,000
Median home
$1,411
Median rent (state)

Richmond - the verdict

Measured against every US city with at least 1,000 residents, Richmond lands in the 38th percentile for household income and the 77th percentile for safety. Source: Census ACS + FBI UCR.

38th
percentile, household income
50th
percentile, home value
55th
percentile, median rent
77th
percentile, safety
📝 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, MI

5,839 people live in Richmond, Michigan - a small town by U.S. Census Bureau ACS 2023 estimates. Median household income here is $61,715 per year, below the median for U.S. cities on this measure, with a poverty rate of 17.4%. Richmond's housing stock carries a median value of $228,000, and the median resident age is 38.3 years. About 20.6% of adults hold a bachelor's degree or higher, while 54.6% of working-age residents are in the labor force.

The Census Building Permit Survey recorded 22 residential units authorized here in 2024 (Building Boom), up 267% from five years earlier. Richmond reports a comparatively low crime rate: FBI UCR reporting places total crime at 687.3 incidents per 100,000 residents, below the national average (voluntary agency reporting, reflects reporting activity, not a definitive danger score). NOAA puts Richmond's yearly average temperature at 48.1°F with 35.9 inches of precipitation per year and 46.6 inches of snowfall.

Living costs in Michigan run below the national norm: BEA Regional Price Parities 2024 puts Michigan at 96.2 on a 100-equals-national-average scale (Below Average). HUD Fair Market Rent for a typical two-bedroom in this state is $1,411 per month. EIA 2023 residential energy data puts Michigan's average monthly utility costs around $238 (state average). FEMA's National Risk Index rates natural-hazard exposure at 82.0 out of 100 (High).

Population

5,839 residents

Census ACS 2023 - Michigan

Median Household Income

$61,715 /yr

Poverty 17.4%

Cost of Living Index (state)

96.2 (US=100)

Below Average - BEA RPP 2024, Michigan average

How does Richmond compare to other US cities?

Here's how Richmond stacks up against the full field of US cities (population 1,000+), computed live from Census and FBI data.

Household income 38% higher than other cities
Home value 50% pricier than other cities
Median rent 55% pricier than other cities
Safety 77% safer than other cities

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

National percentiles can mask local variation. Looking only at Michigan, Richmond ranks #66 of 254 Michigan cities by lowest crime rate - a narrower, more locally useful cut than the national comparison above.

How we calculate these percentiles & ranks

Each percentile compares Richmond against every qualifying US city; each in-state rank narrows that to Michigan only. Full formula and direction notes: methodology.

Michigan-relative analysis

Poverty Rate places Richmond toward the top of Michigan's cities

Among the 727 Michigan cities PlainCities tracks with reported poverty rate data, Richmond ranks #110 - the 85th percentile within the state. This is a different, narrower cut than the nationwide percentiles above: it compares Richmond only against its own state's cities, not the full US field.

Median Household Income
#331 of 718
54th percentile in Michigan
Median Gross Rent
#61 of 727
76th percentile in Michigan
Median Home Value
#169 of 721
76th percentile in Michigan
Poverty Rate
#110 of 727
85th percentile in Michigan
Bachelor's Degree or Higher
#337 of 727
53rd percentile in Michigan

Ranked by raw value (highest first); a higher rank is not automatically "better" for every measure, see each metric's own context above. This is a comparison within Michigan only, not a livability score. See the methodology for the source and calculation.

38thIncome percentile
77thSafety percentile

38th percentile nationally for median household income · 77th percentile for safety (lower crime rate). Source: Census ACS 2023 / FBI UCR 2023.

Richmond's profile vs. every US city

Income, affordability, and safety percentile

Richmond's percentile rank on 3 favorable-direction measures (income, affordability, safety) vs. every tracked US city -- higher on every axis is more favorable. Not a composite quality score, just the arithmetic mean of the axes shown. 3-axis radar comparing 1 series across Income, Affordability, Safety. IncomeAffordabilitySafety 54 Avg. percentile National median
Richmond's percentile rank on 3 favorable-direction measures (income, affordability, safety) vs. every tracked US city -- higher on every axis is more favorable. Not a composite quality score, just the arithmetic mean of the axes shown.

How Richmond's home value compares nationally

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

$228,000 Among the most affordable more affordable than 50% 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%). Below this entry. $125,000–$150,000: 1,170 US cities (8%). Below this entry. $150,000–$175,000: 1,278 US cities (8%). Below this entry. $175,000–$200,000: 1,229 US cities (8%). Below this entry. $200,000–$225,000: 1,035 US cities (7%). Below this entry. $225,000–$250,000: 976 US cities (6%). This entry sits in this band. $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, MI Richmond, MI's reported median household income shown against the U.S. national quintile-share pattern (not Richmond, MI-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, MI median $61,715/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, MI'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, MI. 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) 17.4%

Census ACS S1701, poverty status

Labor force participation (adults 16+) 54.6%

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

Population
5,839
Median Income
$61,715
Median Home Value
$228,000
Median Age
38.3
Poverty Rate
17.4%
Labor force participation
54.6%
Bachelor's Degree+
20.6%

Safety & Crime

Total Crime Rate
687.3
per 100,000 residents
Violent Crime
85.9
per 100,000 residents
Property Crime
601.4
per 100,000 residents

Reflects incidents reported to the FBI's Uniform Crime Reporting program — agency participation is voluntary and reporting completeness varies by jurisdiction and year, so this reflects reporting activity, not a definitive danger score. Not adjusted for tourism, commuter, or daytime population.

Climate

Avg Temperature
48.1°F
Annual Precipitation
35.9"
Annual Snowfall
46.6"

Schools

Total Schools
3
Public schools in this city

Population Change

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

See the fastest-growing cities →
5,800 residents5,850 residents5,900 residents5,950 residents 202020212022202320242025 5,869 residents 5,927 residents ▲ +1.0%
Richmond's Census PEP population estimates, 2020–2025.

Housing Supply

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

📈 Building Boom
Total Permits (2024)
22
housing units authorized
Single-Family
22
detached homes
Multifamily
0
apartments & condos
Supply Intensity
3.8
permits per 1,000 residents

5-Year Permit Trend (2019–2024)

Year Total
2019 6
2020 8
2021 14
2022 16
2023 10
2024 22

Permit volume increased 267% from 2019 to 2024.

Commute Patterns

How workers travel to work, Census ACS 2023

Drive Alone
76.0%
Carpool
14.4%
Public Transit
0.3%
Walk
0.0%
Work from Home
7.2%
Other
2.1%

Based on 2,525 workers 16 and over.

Monthly Utility Costs

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

Electricity
$105
avg/month
Natural Gas
$85
avg/month
Water & Sewer
$48
avg/month
Total Utilities
$238
estimated/month

Estimates reflect Michigan 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 Michigan 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
96.2
Below Average
US average = 100 · BEA RPP 2024
Typical 2-BR Rent
$1,411/mo
HUD Fair Market Rent
County-level FMR estimate
Natural Hazard Risk
82.0 / 100
High
FEMA NRI composite score (county)

Similar Cities in Michigan

Petoskey
5,851 people
Swartz Creek
5,856 people
Buena Vista
5,904 people
Houghton Lake
5,761 people
Belding
5,949 people
Holly
5,971 people

Cities of a Similar Size Nationwide

Population-matched peers from other states, closest to Richmond's 5,839 residents (Census ACS 5-Year 2023).

Byron, GA
5,839 people
Lake Bluff, IL
5,834 people
Peoria Heights, IL
5,834 people
Polk City, IA
5,833 people
Eaton, CO
5,832 people
Big Flats, NY
5,846 people

Cities with a Similar Household Income Nationwide

Median-household-income-matched peers from other states, closest to Richmond's $61,715 (Census ACS 5-Year 2023, table B19013).

Toomsboro, GA
$61,719 median income
Inwood, IA
$61,711 median income
Echols County consolidated government, GA
$61,723 median income
Cheyenne Wells, CO
$61,705 median income
Clifton, KS
$61,705 median income
Chireno, TX
$61,705 median income

Race & Ethnicity Composition

Race and ethnicity - Richmond, MI 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, MI - Census ACS, OMB race + ethnicity categories RACE, sums to 100% 84.6% 7.5% ETHNICITY, Hispanic or Latino (any race) 7.4% White 84.6% Black or African American 2.2% Asian 0.0% American Indian 0.0% Native Hawaiian 7.5% Some other race 3.1% Two or more races 2.5% 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 Michigan 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) 5,839 $61,715
Petoskey 5,851 $71,783
Swartz Creek 5,856 $73,862
Buena Vista 5,904 $38,835
Census ACS 5-year FIPS MI FBI UCR NOAA Normals NCES CCD Census BPS 2024 OMB Bulletin 23-01

What do people ask about Richmond, MI?

What is the population of Richmond, MI? +

Richmond, MI has a population of 5,839 according to U.S. Census Bureau ACS 2023 estimates.

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

The median household income in Richmond is $61,715 per year, 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 Michigan state average, a cost of living index of 96.2 (U.S. average = 100), rated "Below Average" based on BEA Regional Price Parities 2024 data. Costs within Michigan vary by metro area.

Is Richmond, MI safe? +

Richmond has a total crime rate of 687.3 per 100,000 residents, which is below the national average. This reflects incidents reported to the FBI UCR program, not a definitive safety score -- agency reporting is voluntary and completeness varies by jurisdiction.

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

The median home value in Richmond is $228,000, according to Census ACS 2023 estimates.

What is the climate like in Richmond? +

The average annual temperature in Richmond runs 48.1°F, 35.9 inches of precipitation, and 46.6 inches of snowfall per year. Source: NOAA Climate Normals.

Source: U.S. Census Bureau ACS 5-Year 2023, FBI UCR, NOAA Climate Normals, 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

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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.