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CITY · 2020 ACS

Richmond

Michigan · 5,878 residents · 2.89 sq mi
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The short version

Richmond has lower-than-average household income, with a median household income of $54,801. Population has grown 20% since 2000. 18% of adults hold a bachelor's degree or higher, below the national rate of 33%. Median home value is $187,900.

At a glance
Lower income
below the US median
US median: $66,278
Older
median age 42.6
US median: 38.8
Less educated
18% hold a bachelor's degree
US average: 33%
Stable housing
home values roughly flat, inflation adjusted
US median home: $265,253
Section 01

Population & growth

Total population
5,878
+20%since 2000
from 4,897 in 2000
1990 – 2025
Population density
2,034 / sq mi
+20%since 2000
from 1,694 / sq mi in 2000
US average: 280
Median age
42.6
+17%since 2000
from 36.3 in 2000
US average: 38.8
Population, 1990 – 2024
4K4K5K6K6K1990201020202024Richmond
20246K
1990201020202024
Section 02

Income & economy

Median household income
$54,801
−16%inflation adjusted, since 2000
from $43,378 in 2000
US average: $66,278
1990 – 2024
Per capita income
$26,670
+25%since 2000
from $21,384 in 2000
US average: $35,364
Households earning $100K+
37.3%
+9.3 ptssince 2009
from 28.0% in 2009
US average: 43.9%
Poverty rate
16.2%
+10.0 ptssince 2000
from 6.2% in 2000
US average: 12.8%
Workforce by industry, 2020
Retail trade23.3%
US avg: 10%
Wholesale trade12%
US avg: 6.7%
Information11.7%
US avg: 11.1%
Transportation & warehousing6%
US avg: 2.5%
Arts, entertainment, food1.7%
US avg: 2%
Other services1.6%
US avg: 6.6%
Public administration1.6%
US avg: 4.7%
Finance & insurance1.5%
US avg: 5.5%
Professional, scientific, technical1.5%
US avg: 4.7%
Agriculture, forestry, fishing0%
US avg: 1.7%
Construction0%
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
$187,900
−2%inflation adjusted, since 2000
from $128,200 in 2000
US average: $265,253
1990 – 2024
Median gross rent
$706
−8%inflation adjusted, since 2000
from $510 in 2000
US average: $1,124
Owner-occupied
74.2%
+2.6 ptssince 2000
from 71.6% in 2000
25.8% rent
Afford Score
3.4
+16%since 2000
from 3.0 in 2000
1990 – 2024
RELATED:See current rent listings in Richmond on RentDataNow
Section 04

Race & ethnicity

2000
White, non-Hispanic92.7%(4,540)
Black0.2%(12)
Hispanic / Latino4.7%(232)
Asian0.8%(40)
Other0%
Diversity Score14%(685)
2020
White, non-Hispanic88.2%(5,184)
Black0.9%(52)
Hispanic / Latino5.2%(303)
Asian0.3%(16)
Other7%(413)
Diversity Score29.8%(1,749)
Diversity Score
30
+113%since 2000
from 14 in 2000
1990 – 2024
Section 05

Education

Bachelor's degree or higher
17.6%
+3.8 ptssince 2000
from 13.7% in 2000
US average: 32.9%
High school or higher
87.1%
+3.4 ptssince 2000
from 83.7% in 2000
US average: 88.5%
Graduate degree
5.0%
−1.3 ptssince 2000
from 6.4% in 2000
US average: 12.7%
Section 06

Commute & transportation

Average commute
30.6 min
+30%since 2000
from 23.5 min in 2000
US average: 26.9
Drive alone to work
76.2%
−5.6 ptssince 2009
from 81.8% in 2009
US average: 75.1%
No vehicle available
4.0%
−0.7 ptssince 2009
from 4.8% in 2009
US average: 8.4%
Section 07

Work & employment

Unemployment rate
7.9%
−4.3 ptssince 2011
from 12.1% in 2011
US average: 5.4%
Labor force participation
61.5%
−4.5 ptssince 2011
from 65.9% in 2011
US average: 63.4%
Management & professional
35.2%
−25.0 ptssince 2009
from 60.2% in 2009
US average: 39.3%
Section 08

People & community

Male
51.9%
+3.6 ptssince 2009
from 48.3% in 2009
Female
48.1%
−3.6 ptssince 2009
from 51.7% in 2009
Foreign born
8.2%
+5.0 ptssince 2009
from 3.2% in 2009
US average: 13.5%
Uninsured
6.2%
−83.0 ptssince 2013
from 89.2% in 2013
US average: 8.8%
Drill deeper

Places similar to Richmond

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Pop 5,501
Elsmere
Pop 6,196
Floral City
Pop 5,437
Ocean City
Pop 5,941
Places similar to Richmond
Head to head

Compare Richmond to nearby cities

RICHMOND VS
New Baltimore
Income$106,033+93%
Home value$323,200+72%
Population12,123+105%
SEE FULL COMPARISON →
RICHMOND VS
Marysville
Income$66,901+22%
Home value$208,600+11%
Population9,868+66%
SEE FULL COMPARISON →
RICHMOND VS
Mount Clemens
Income$52,310−5%
Home value$179,400−5%
Population15,419+160%
SEE FULL COMPARISON →
RICHMOND VS
Port Huron
Income$50,366−8%
Home value$149,300−21%
Population28,273+377%
SEE FULL COMPARISON →
Frequently asked

How many people live in Richmond, Michigan?

Richmond, Michigan has about 5,878 residents according to the 2020 American Community Survey.

What is the median household income in Richmond, Michigan?

The typical household in Richmond, Michigan earns about $54,801 a year. Half of households make more than that, and half make less.

Is Richmond, Michigan expensive?

In Richmond, Michigan, the median home is worth about $187,900, and the typical rent is about $706 a month.

How educated are people in Richmond, Michigan?

About 17.6% of adults age 25 and over in Richmond, Michigan hold a bachelor's degree or higher.

What is the poverty rate in Richmond, Michigan?

About 16.2% of people in Richmond, Michigan live below the federal poverty line.

Has Richmond, Michigan grown since 1990?

Yes, Richmond, Michigan has grown since 1990. The population has added about 1,737 residents, a change of about 42 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 →