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CITY · 2020 ACS

New Richmond

Indiana · 309 residents · 0.192 sq mi
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Part of the Crawfordsville micropolitan area
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The short version

New Richmond has roughly average household income, with a median household income of $67,917. Population has declined 11% since 2000. 7% of adults hold a bachelor's degree or higher, below the national rate of 33%. Median home value is $71,000. With a median age of 44.2, the population is older than the US median of 38.8.

At a glance
Average income
near the US median
US median: $66,278
Older
median age 44.2
US median: 38.8
Less educated
7% hold a bachelor's degree
US average: 33%
More affordable
home values down 32%, inflation adjusted
US median home: $265,253
Section 01

Population & growth

Total population
309
−11%since 2000
from 349 in 2000
1990 – 2025
Population density
1,609 / sq mi
−11%since 2000
from 1,818 / sq mi in 2000
US average: 280
Median age
44.2
+34%since 2000
from 32.9 in 2000
US average: 38.8
Population, 1990 – 2024
2613374134885641990201020202024New Richmond
2024433
1990201020202024
Section 02

Income & economy

Median household income
$67,917
+4%inflation adjusted, since 2000
from $43,438 in 2000
US average: $66,278
1990 – 2024
Per capita income
$25,961
+53%since 2000
from $17,001 in 2000
US average: $35,364
Households earning $100K+
30.3%
+1.9 ptssince 2009
from 28.5% in 2009
US average: 43.9%
Poverty rate
5.2%
+1.4 ptssince 2000
from 3.8% in 2000
US average: 12.8%
Workforce by industry, 2020
Retail trade22.9%
US avg: 10%
Wholesale trade17%
US avg: 6.7%
Other services12.8%
US avg: 6.6%
Information10.6%
US avg: 11.1%
Public administration9.6%
US avg: 4.7%
Finance & insurance4.3%
US avg: 5.5%
Professional, scientific, technical4.3%
US avg: 4.7%
Arts, entertainment, food3.2%
US avg: 2%
Transportation & warehousing2.7%
US avg: 2.5%
Agriculture, forestry, fishing1.1%
US avg: 1.7%
Construction1.1%
US avg: 1.2%
Manufacturing0%
US avg: 0.5%
Education & health services0%
US avg: 0.8%
BARS: THIS PLACE · TICKS: US AVERAGE
Section 03

Housing

Median home value
$71,000
−32%inflation adjusted, since 2000
from $69,800 in 2000
US average: $265,253
1990 – 2024
Median gross rent
$725
+5%inflation adjusted, since 2000
from $458 in 2000
US average: $1,124
Owner-occupied
81.7%
−3.9 ptssince 2000
from 85.6% in 2000
18.3% rent
Afford Score
1.0
−35%since 2000
from 1.6 in 2000
1990 – 2024
RELATED:See current rent listings in New Richmond on RentDataNow
Section 04

Race & ethnicity

2000
White, non-Hispanic98.6%(344)
Black0.6%(2)
Hispanic / Latino0.3%(1)
Asian0%(0)
Other0%
Diversity Score2.1%(7)
2020
White, non-Hispanic94.5%(292)
Black0%(0)
Hispanic / Latino1.3%(4)
Asian0.3%(1)
Other0.7%(2)
Diversity Score5.8%(18)
Diversity Score
6
+169%since 2000
from 2 in 2000
1990 – 2024
Section 05

Education

Bachelor's degree or higher
6.6%
−1.3 ptssince 2000
from 7.9% in 2000
US average: 32.9%
High school or higher
79.4%
−1.2 ptssince 2000
from 80.6% in 2000
US average: 88.5%
Graduate degree
2.1%
−0.1 ptssince 2000
from 2.2% in 2000
US average: 12.7%
Section 06

Commute & transportation

Average commute
42.8 min
+111%since 2000
from 20.3 min in 2000
US average: 26.9
Drive alone to work
89.0%
−0.3 ptssince 2009
from 89.2% in 2009
US average: 75.1%
No vehicle available
0.6%
+0.6 ptssince 2009
from 0.0% in 2009
US average: 8.4%
Section 07

Work & employment

Unemployment rate
3.6%
−4.4 ptssince 2011
from 8.0% in 2011
US average: 5.4%
Labor force participation
53.9%
−10.6 ptssince 2011
from 64.4% in 2011
US average: 63.4%
Management & professional
19.7%
−37.7 ptssince 2009
from 57.4% in 2009
US average: 39.3%
Section 08

People & community

Male
50.0%
Unchangedsince 2009
from 50.0% in 2009
Female
50.0%
Unchangedsince 2009
from 50.0% in 2009
Foreign born
5.0%
+1.3 ptssince 2009
from 3.7% in 2009
US average: 13.5%
Uninsured
0.7%
−90.2 ptssince 2013
from 90.9% in 2013
US average: 8.8%
Drill deeper

Places similar to New Richmond

Carlton
Pop 311
Axson
Pop 268
Ferndale
Pop 359
La Crosse
Pop 323
Places similar to New Richmond
Head to head

Compare New Richmond to nearby cities

NEW RICHMOND VS
Crawfordsville
Income$55,033−19%
Home value$134,000+89%
Population16,699+5151%
SEE FULL COMPARISON →
NEW RICHMOND VS
Lafayette
Income$53,716−21%
Home value$172,800+143%
Population71,238+22302%
SEE FULL COMPARISON →
NEW RICHMOND VS
West Lafayette
Income$34,891−49%
Home value$350,000+393%
Population45,747+14286%
SEE FULL COMPARISON →
NEW RICHMOND VS
Frankfort
Income$57,412−15%
Home value$138,600+95%
Population16,837+5195%
SEE FULL COMPARISON →
Frequently asked

How many people live in New Richmond, Indiana?

New Richmond, Indiana has about 309 residents according to the 2020 American Community Survey.

What is the median household income in New Richmond, Indiana?

The typical household in New Richmond, Indiana earns about $67,917 a year. Half of households make more than that, and half make less.

Is New Richmond, Indiana expensive?

In New Richmond, Indiana, the median home is worth about $71,000, and the typical rent is about $725 a month.

How educated are people in New Richmond, Indiana?

About 6.6% of adults age 25 and over in New Richmond, Indiana hold a bachelor's degree or higher.

What is the poverty rate in New Richmond, Indiana?

About 5.2% of people in New Richmond, Indiana live below the federal poverty line.

Has New Richmond, Indiana grown since 1990?

Yes, New Richmond, Indiana has shrunk since 1990. The population has lost about 10 residents, a change of about -3 percent over that period.

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DATA: US CENSUS BUREAU ACS 5-YEAR + DECENNIAL CENSUS · UPDATED 2024

How we source and harmonize this data →