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CITY

Richmond

Indiana · 35,376 residents (2025 est.) · 24.005 sq mi
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The short version

Richmond has notably lower household income than the US average, with a median household income of $45,399. Population has declined 9% since 2000. 20% of adults hold a bachelor's degree or higher, below the national rate of 36%. Median home value has risen by half since 2000, reaching $114,400. The poverty rate of 25.4% is well above the national figure. Households here earn about 37% less than the Indiana median.

At a glance
Lower income
below the US median
US median: $82,259
Mid-age
median age 38.6
US median: 38.9
Less educated
20% hold a bachelor's degree
US average: 36%
More affordable
home values down 12%, inflation adjusted
US median home: $376,019
Section 01

Population & growth

Total population
35,581
−9%since 2000
from 39,124 in 2000
1990 – 2025
Population density
1,482 / sq mi
−9%since 2000
from 1,630 / sq mi in 2000
US average: 281
Median age
38.6
+6%since 2000
from 36.3 in 2000
US average: 38.9

PEP 2025 EST:35,376 residents (Census Bureau Vintage 2025, released March 2026)

Population, 1990 – 2024
35K36K37K38K39K1990201020202024Richmond
202436K
1990201020202024
Section 02

Income & economy

Median household income
$45,399
−18%inflation adjusted, since 2000
from $30,210 in 2000
US average: $82,259
1990 – 2024
Per capita income
$28,724
+68%since 2000
from $17,096 in 2000
US average: $44,673
Households earning $100K+
30.2%
+14.7 ptssince 2009
from 15.5% in 2009
US average: 53.3%
Poverty rate
25.4%
+9.7 ptssince 2000
from 15.7% in 2000
US average: 12.5%
Income inequality (Gini)
0.513
+9%since 2010
from 0.471 in 2010
US average: 0.476
Workforce by industry, 2024
Retail trade17.6%
US avg: 9.9%
Information12%
US avg: 10.8%
Wholesale trade7.4%
US avg: 6.9%
Finance & insurance3.4%
US avg: 5.9%
Other services3.2%
US avg: 6.7%
Professional, scientific, technical2.9%
US avg: 5.1%
Transportation & warehousing2.3%
US avg: 2.2%
Public administration2.2%
US avg: 4.8%
Arts, entertainment, food0.9%
US avg: 1.9%
Education & health services0.5%
US avg: 0.9%
Agriculture, forestry, fishing0.3%
US avg: 1.6%
Manufacturing0.2%
US avg: 0.4%
Construction0.1%
US avg: 1.2%
BARS: THIS PLACE · TICKS: US AVERAGE
Section 03

Housing

Median home value
$114,400
−12%inflation adjusted, since 2000
from $71,200 in 2000
US average: $376,019
1990 – 2024
Median gross rent
$822
+3%inflation adjusted, since 2000
from $439 in 2000
US average: $1,442
Owner-occupied
57.2%
−1.5 ptssince 2000
from 58.7% in 2000
42.8% rent
Vacancy rate
14.2%
+0.6 ptssince 2009
from 13.6% in 2009
US average: 10.0%
Owner cost-burdened
21.3%
−1.6 ptssince 2009
from 22.8% in 2009
US average: 22.9%
Renter cost-burdened
49.0%
+6.6 ptssince 2009
from 42.4% in 2009
US average: 47.4%
Afford Score
2.5
+7%since 2000
from 2.4 in 2000
1990 – 2024
Gentrification Score
30
RELATED:See current rent listings in Richmond on RentDataNow
Section 04

Race & ethnicity

2000
White, non-Hispanic85.9%(33,588)
Black8.8%(3,444)
Hispanic / Latino2%(796)
Asian0.8%(304)
Other0%
Diversity Score26.9%(10,538)
2024
White, non-Hispanic78.8%(28,031)
Black6.2%(2,203)
Hispanic / Latino5.4%(1,913)
Asian1.5%(539)
Other8.1%(2,895)
Diversity Score45.7%(16,269)
Diversity Score
46
+70%since 2000
from 27 in 2000
1990 – 2024
Section 05

Education

Bachelor's degree or higher
20.1%
+6.3 ptssince 2000
from 13.8% in 2000
US average: 35.6%
High school or higher
85.7%
+11.1 ptssince 2000
from 74.6% in 2000
US average: 89.6%
Graduate degree
8.3%
+2.5 ptssince 2000
from 5.8% in 2000
US average: 14.0%
Section 06

Commute & transportation

Average commute
18.6 min
+70%since 2000
from 10.9 min in 2000
US average: 26.5
Drive alone to work
77.6%
−0.6 ptssince 2009
from 78.2% in 2009
US average: 68.9%
Carpooled to work
12.4%
−0.7 ptssince 2009
from 13.0% in 2009
US average: 8.5%
Public transit
0.3%
−0.6 ptssince 2009
from 0.9% in 2009
US average: 3.2%
Worked from home
4.7%
+3.1 ptssince 2009
from 1.6% in 2009
US average: 15.0%
Walked to work
4.7%
+0.5 ptssince 2009
from 4.2% in 2009
US average: 2.4%
Biked to work
0.0%
−0.4 ptssince 2009
from 0.4% in 2009
US average: 0.4%
No vehicle available
12.4%
−0.9 ptssince 2009
from 13.3% in 2009
US average: 8.3%
Section 07

Work & employment

Unemployment rate
6.9%
−7.2 ptssince 2011
from 14.0% in 2011
US average: 5.2%
Labor force participation
55.5%
−2.8 ptssince 2011
from 58.3% in 2011
US average: 63.5%
Self-employed
15.8%
+2.9 ptssince 2009
from 12.9% in 2009
US average: 13.1%
Management & professional
31.6%
−30.5 ptssince 2009
from 62.1% in 2009
US average: 42.5%
Section 08

People & community

Male
48.1%
+1.8 ptssince 2009
from 46.4% in 2009
Female
51.9%
−1.8 ptssince 2009
from 53.6% in 2009
Foreign born
4.1%
+1.2 ptssince 2009
from 2.9% in 2009
US average: 14.1%
Veterans
7.1%
−38.3 ptssince 2009
from 45.4% in 2009
US average: 6.2%
With a disability
22.6%
+2.4 ptssince 2012
from 20.2% in 2012
US average: 13.3%
Uninsured
12.1%
−67.6 ptssince 2013
from 79.7% in 2013
US average: 8.4%
Broadband at home
88.2%
+24.5 ptssince 2017
from 63.7% in 2017
US average: 91.0%
English only at home
94.0%
−0.5 ptssince 2016
from 94.5% in 2016
US average: 77.7%
Spanish at home
4.2%
+0.9 ptssince 2016
from 3.2% in 2016
US average: 13.6%
Drill deeper

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Head to head

Compare Richmond to nearby cities

RICHMOND VS
Eaton
Income$51,467+13%
Home value$148,200+30%
Population8,327−76%
SEE FULL COMPARISON →
RICHMOND VS
Connersville
Income$48,854+8%
Home value$106,300−7%
Population13,406−62%
SEE FULL COMPARISON →
RICHMOND VS
Greenville
Income$47,237+4%
Home value$157,800+38%
Population12,680−64%
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RICHMOND VS
Oxford
Income$40,764−10%
Home value$238,000+108%
Population22,387−37%
SEE FULL COMPARISON →
Frequently asked

How many people live in Richmond, Indiana?

Richmond, Indiana has about 35,581 residents according to the 2024 American Community Survey.

What is the median household income in Richmond, Indiana?

The typical household in Richmond, Indiana earns about $45,399 a year. Half of households make more than that, and half make less.

Is Richmond, Indiana expensive?

In Richmond, Indiana, the median home is worth about $114,400, and the typical rent is about $822 a month.

How educated are people in Richmond, Indiana?

About 20.1% of adults age 25 and over in Richmond, Indiana hold a bachelor's degree or higher.

What is the poverty rate in Richmond, Indiana?

About 25.4% of people in Richmond, Indiana live below the federal poverty line.

Has Richmond, Indiana grown since 1990?

Yes, Richmond, Indiana has shrunk since 1990. The population has lost about 3,068 residents, a change of about -8 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 →

Richmond, Indiana: demographics, income & housing data · CensusEasy