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    Richmond

    Richmond city, Indiana

    Affordable
    About Richmond

    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

    Kurby ScoreLimited Data
    82
    A

    Excellent

    Affordability92/100
    Safety95/100
    Economy44/100
    Walkability & Transit: UnavailableEducation: UnavailableEnvironment: Unavailable

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    Demographics
    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

    Housing
    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
    Safety
    Violent Crime Rate
    N/A
    Property Crime Rate
    0.1 per 1K

    99% below nat'l avg

    Livability
    Walk Score
    N/A
    Transit Score
    N/A
    Bike Score
    N/A

    Want a detailed report for a specific address in Richmond?

    Air Quality
    AQI
    N/A
    Category
    N/A
    Climate Risk
    Overall Risk
    N/A
    Risk Score
    N/A
    Noise Levels
    Overall
    N/A
    Road Traffic
    N/A
    Aviation
    N/A
    Rail
    N/A
    Utility Costs
    Electricity Rate
    N/A
    Est. Monthly Electric
    N/A
    Employment
    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%

    Monthly Temperature (°F)
    Monthly Precipitation (inches)

    Political Landscape

    Political Leaning
    Strongly Democratic
    DemocratRepublican

    → Politically stable

    Based on Marion County county-level presidential election data

    Presidential Election Results

    Culture & Things to Do in Richmond

    Attractions & Landmarks
    🏛️Wayne County Historical Museum(museum)
    🌺Richmond Rose Garden(garden)
    🌳Clear Creek Park(park)
    🏛️Indiana Football Hall of Fame(museum)
    🗽Madonna of the Trail(monument)
    📜Historic Depot District(historic)
    Local Events & Festivals

    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.

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