Richmond
Richmond city, Indiana
Richmond, Indiana, offers a refreshing contrast to the escalating costs of many American cities. Imagine a place where a home can be yours for a median value of just $96,800, a fraction of the national average. Here, the pace of life slows, allowing residents to savor the simple pleasures. The community is tight-knit, the atmosphere friendly, and the cost of living remarkably manageable, making it an ideal spot for those seeking financial freedom. With a population of 35,642, Richmond maintains a small-town charm while still providing access to essential amenities and services.
From an investment perspective, Richmond presents an attractive opportunity. While the median household income of $46,356 is lower than the national figure, the incredibly low housing costs create a favorable environment for potential appreciation. This is a place where you can get more house for your money, making it an excellent choice for first-time homebuyers or those looking to downsize without sacrificing quality of life. The city's affordability, coupled with its manageable size, makes it particularly well-suited for families, retirees, and anyone seeking a stable, budget-friendly lifestyle.
Richmond, Indiana at a Glance
Richmond is a city in Richmond city, Indiana with a population of approximately 35,642. The median home value is $96,800 and the median household income is $46,356.. The violent crime rate is 0.0 per 1,000 residents, which is 100% below the national average.. Median rent is $797 per month. Data sourced from the US Census Bureau, FBI Crime Data Explorer, EPA, Walk Score, and FEMA.
Median Home Value
$96,800
Median Income
$46,356
Population
35,642
Walk Score
N/A
Air Quality
N/A
Climate Risk
N/A
Excellent
Are you a real estate agent in Richmond?
Thousands of homebuyers research this neighborhood every month. Make sure they find you.
Get discovered
Your profile shown to every visitor
Generate leads
Direct calls, emails & website clicks
Build authority
Branded reports & local expert badge
Available on Pro & Enterprise plans
- Population
- 35,642
- Median Age
- N/A
- Median Household Income
- $46,356
38% below nat'l avg
- Bachelor's Degree+
- N/A
- Poverty Rate
- 21.5%
73% above nat'l avg
- Median Home Value
- $96,800
66% below nat'l avg
- Median Rent
- $797
31% below nat'l avg
- Homeownership Rate
- 56.3%
15% below nat'l avg
- Affordability Index
- N/A
- Violent Crime Rate
- N/A
- Property Crime Rate
- 0.1 per 1K
99% below nat'l avg
- AQI
- N/A
- Category
- N/A
- Overall Risk
- N/A
- Risk Score
- N/A
- Overall
- N/A
- Road Traffic
- N/A
- Aviation
- N/A
- Rail
- N/A
- Electricity Rate
- N/A
- Est. Monthly Electric
- N/A
- Unemployment Rate
- 6.0%
62% above nat'l avg
- Poverty Rate
- 21.5%
73% above nat'l avg
Weather & Climate in Richmond
Avg High
63°F
Avg Low
46°F
Annual Rainfall
43"
Avg Humidity
70%
Political Landscape
→ Politically stable
Based on Marion County county-level presidential election data
Culture & Things to Do in Richmond
Richmond Rose Festival
An annual festival celebrating roses, with a parade, crafts, and entertainment.
Wayne County 4-H Fair
A traditional county fair featuring agricultural exhibits, livestock shows, and carnival rides.
First Fridays
Monthly community events with art walks, live music, and local vendors in the Depot District.
Model T Ford Club of America National Meet
A gathering of Model T enthusiasts, showcasing restored vehicles and related activities.
Similar Cities in Indiana
Terre Haute
Terre Haute city, IN
Anderson
Anderson city, IN
Muncie
Muncie city, IN
East Chicago
East Chicago city, IN
Gary
Gary city, IN