Richwood
Richwood town, Louisiana
Richwood, Louisiana, presents a compelling picture for those seeking an escape from the escalating costs of modern living. Imagine a place where a home can be secured for a median value of just $68,300 – a stark contrast to the national average. This affordability is a cornerstone of Richwood's appeal, offering a lifestyle that prioritizes financial freedom. The town's population of 3,847 fosters a close-knit community vibe, where neighbors know each other and the pace of life moves at a comfortable rhythm.
From an investment perspective, Richwood offers significant potential, especially for those seeking value. While the median household income of $28,594 is below the national average, the low cost of living allows for a comfortable lifestyle. The housing market is particularly attractive to first-time homebuyers, retirees, or anyone looking to stretch their budget. Though specific employment data isn't available, the town's small size often results in a strong sense of community, and a lower crime rate than the national average. Richwood is best suited for individuals and families who value affordability, a close-knit community, and a slower pace of life.
Richwood, Louisiana at a Glance
Richwood is a city in Richwood town, Louisiana with a population of approximately 3,847. The median home value is $68,300 and the median household income is $28,594.. The violent crime rate is 1.0 per 1,000 residents, which is 72% below the national average.. Median rent is $820 per month. Data sourced from the US Census Bureau, FBI Crime Data Explorer, EPA, Walk Score, and FEMA.
Median Home Value
$68,300
Median Income
$28,594
Population
3,847
Walk Score
N/A
Air Quality
N/A
Climate Risk
N/A
Good
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- Population
- 3,847
- Median Age
- N/A
- Median Household Income
- $28,594
62% below nat'l avg
- Bachelor's Degree+
- N/A
- Poverty Rate
- 45.3%
265% above nat'l avg
- Median Home Value
- $68,300
76% below nat'l avg
- Median Rent
- $820
29% below nat'l avg
- Homeownership Rate
- 32.9%
50% below nat'l avg
- Affordability Index
- N/A
- Violent Crime Rate
- 1.0 per 1K
72% below nat'l avg
- Property Crime Rate
- 21.8 per 1K
15% above 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
- 12.0%
224% above nat'l avg
- Poverty Rate
- 45.3%
265% above nat'l avg
Political Landscape
→ Politically stable
Based on Avoyelles County county-level presidential election data
Culture & Things to Do in Richwood
Monroe/West Monroe Christmas Parade
An annual parade featuring floats, bands, and holiday cheer.
Twin City Rib Fest
A festival in Monroe featuring barbecue, music, and family activities.
NELA Renaissance Faire
A Renaissance festival with crafts, food, and entertainment.
Downtown Monroe Art Crawl
An art walk showcasing local artists and galleries.
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