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CITY · 2020 ACS

Richmond

Indiana · 35,720 residents · 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 $40,871. Population has declined 9% since 2000. 20% of adults hold a bachelor's degree or higher, below the national rate of 33%. Median home value is $86,300. The poverty rate of 22.1% is well above the national figure. Households here earn about 30% less than the Indiana median.

At a glance
Lower income
below the US median
US median: $66,278
Mid-age
median age 39.4
US median: 38.8
Less educated
20% hold a bachelor's degree
US average: 33%
More affordable
home values down 19%, inflation adjusted
US median home: $265,253
Section 01

Population & growth

Total population
35,720
−9%since 2000
from 39,124 in 2000
1990 – 2025
Population density
1,488 / sq mi
−9%since 2000
from 1,630 / sq mi in 2000
US average: 280
Median age
39.4
+9%since 2000
from 36.3 in 2000
US average: 38.8
Population, 1990 – 2024
35K36K37K38K39K1990201020202024Richmond
202436K
1990201020202024
Section 02

Income & economy

Median household income
$40,871
−10%inflation adjusted, since 2000
from $30,210 in 2000
US average: $66,278
1990 – 2024
Per capita income
$23,584
+38%since 2000
from $17,096 in 2000
US average: $35,364
Households earning $100K+
22.2%
+6.7 ptssince 2009
from 15.5% in 2009
US average: 43.9%
Poverty rate
22.1%
+6.4 ptssince 2000
from 15.7% in 2000
US average: 12.8%
Workforce by industry, 2020
Retail trade20.7%
US avg: 10%
Information9.8%
US avg: 11.1%
Wholesale trade6.4%
US avg: 6.7%
Other services4.2%
US avg: 6.6%
Finance & insurance3.7%
US avg: 5.5%
Professional, scientific, technical3.4%
US avg: 4.7%
Public administration3.1%
US avg: 4.7%
Transportation & warehousing1.9%
US avg: 2.5%
Arts, entertainment, food0.9%
US avg: 2%
Education & health services0.3%
US avg: 0.8%
Agriculture, forestry, fishing0.3%
US avg: 1.7%
Construction0.3%
US avg: 1.2%
Manufacturing0%
US avg: 0.5%
BARS: THIS PLACE · TICKS: US AVERAGE
Section 03

Housing

Median home value
$86,300
−19%inflation adjusted, since 2000
from $71,200 in 2000
US average: $265,253
1990 – 2024
Median gross rent
$704
+7%inflation adjusted, since 2000
from $439 in 2000
US average: $1,124
Owner-occupied
53.8%
−4.9 ptssince 2000
from 58.7% in 2000
46.2% rent
Afford Score
2.1
−10%since 2000
from 2.4 in 2000
1990 – 2024
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)
2020
White, non-Hispanic77.9%(27,822)
Black7.9%(2,823)
Hispanic / Latino5.6%(2,015)
Asian1.6%(585)
Other4.7%(1,688)
Diversity Score44.2%(15,771)
Diversity Score
44
+64%since 2000
from 27 in 2000
1990 – 2024
Section 05

Education

Bachelor's degree or higher
20.4%
+6.6 ptssince 2000
from 13.8% in 2000
US average: 32.9%
High school or higher
86.4%
+11.8 ptssince 2000
from 74.6% in 2000
US average: 88.5%
Graduate degree
8.7%
+2.9 ptssince 2000
from 5.8% in 2000
US average: 12.7%
Section 06

Commute & transportation

Average commute
16.9 min
+54%since 2000
from 10.9 min in 2000
US average: 26.9
Drive alone to work
77.6%
−0.6 ptssince 2009
from 78.2% in 2009
US average: 75.1%
No vehicle available
9.8%
−3.5 ptssince 2009
from 13.3% in 2009
US average: 8.4%
Section 07

Work & employment

Unemployment rate
5.6%
−8.4 ptssince 2011
from 14.0% in 2011
US average: 5.4%
Labor force participation
57.6%
−0.7 ptssince 2011
from 58.3% in 2011
US average: 63.4%
Management & professional
30.6%
−31.6 ptssince 2009
from 62.1% in 2009
US average: 39.3%
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
3.6%
+0.7 ptssince 2009
from 2.9% in 2009
US average: 13.5%
Uninsured
12.1%
−67.6 ptssince 2013
from 79.7% in 2013
US average: 8.8%
Drill deeper

Places similar to Richmond

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Pop 36,898
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Pop 27,808
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Pop 35,873
Dania Beach
Pop 32,791
Places similar to Richmond
Head to head

Compare Richmond to nearby cities

RICHMOND VS
Eaton
Income$51,467+26%
Home value$148,200+72%
Population8,327−76%
SEE FULL COMPARISON →
RICHMOND VS
Connersville
Income$48,854+20%
Home value$106,300+23%
Population13,406−62%
SEE FULL COMPARISON →
RICHMOND VS
Greenville
Income$47,237+16%
Home value$157,800+83%
Population12,680−64%
SEE FULL COMPARISON →
RICHMOND VS
Oxford
Income$40,764same
Home value$238,000+176%
Population22,387−37%
SEE FULL COMPARISON →
Frequently asked

How many people live in Richmond, Indiana?

Richmond, Indiana has about 35,720 residents according to the 2020 American Community Survey.

What is the median household income in Richmond, Indiana?

The typical household in Richmond, Indiana earns about $40,871 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 $86,300, and the typical rent is about $704 a month.

How educated are people in Richmond, Indiana?

About 20.4% 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 22.1% 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 2,929 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 →