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CITY

Richmond

Minnesota · 1,515 residents (2025 est.) · 1.192 sq mi
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The short version

Richmond has lower-than-average household income, with a median household income of $71,438. Population has grown 18% since 2000. 18% of adults hold a bachelor's degree or higher, below the national rate of 36%. Median home value has more than doubled since 2000, reaching $241,300.

At a glance
Lower income
below the US median
US median: $82,259
Mid-age
median age 39.5
US median: 38.9
Less educated
18% hold a bachelor's degree
US average: 36%
Less affordable
home values up 40%, inflation adjusted
US median home: $376,019
Section 01

Population & growth

Total population
1,431
+18%since 2000
from 1,213 in 2000
1990 – 2025
Population density
1,201 / sq mi
+18%since 2000
from 1,018 / sq mi in 2000
US average: 281
Median age
39.5
+5%since 2000
from 37.7 in 2000
US average: 38.9

PEP 2025 EST:1,515 residents (Census Bureau Vintage 2025, released March 2026)

Population, 1990 – 2024
9211K1K1K2K1990201020202024Richmond
20241K
1990201020202024
Section 02

Income & economy

Median household income
$71,438
+2%inflation adjusted, since 2000
from $38,400 in 2000
US average: $82,259
1990 – 2024
Per capita income
$34,659
+117%since 2000
from $15,995 in 2000
US average: $44,673
Households earning $100K+
48.2%
+25.8 ptssince 2009
from 22.4% in 2009
US average: 53.3%
Poverty rate
10.1%
+3.5 ptssince 2000
from 6.6% in 2000
US average: 12.5%
Income inequality (Gini)
0.367
+2%since 2010
from 0.358 in 2010
US average: 0.476
Workforce by industry, 2024
Retail trade20.3%
US avg: 9.9%
Wholesale trade12.6%
US avg: 6.9%
Information11.2%
US avg: 10.8%
Finance & insurance8.3%
US avg: 5.9%
Professional, scientific, technical8.1%
US avg: 5.1%
Other services5%
US avg: 6.7%
Public administration5%
US avg: 4.8%
Agriculture, forestry, fishing1.9%
US avg: 1.6%
Construction1.7%
US avg: 1.2%
Transportation & warehousing1.7%
US avg: 2.2%
Arts, entertainment, food1.7%
US avg: 1.9%
Manufacturing0.2%
US avg: 0.4%
Education & health services0.2%
US avg: 0.9%
BARS: THIS PLACE · TICKS: US AVERAGE
Section 03

Housing

Median home value
$241,300
+40%inflation adjusted, since 2000
from $94,400 in 2000
US average: $376,019
1990 – 2024
Median gross rent
$648
+2%inflation adjusted, since 2000
from $350 in 2000
US average: $1,442
Owner-occupied
86.2%
+3.6 ptssince 2000
from 82.6% in 2000
13.8% rent
Vacancy rate
3.8%
+2.1 ptssince 2009
from 1.8% in 2009
US average: 10.0%
Owner cost-burdened
16.0%
−13.9 ptssince 2009
from 30.0% in 2009
US average: 22.9%
Renter cost-burdened
32.5%
−0.8 ptssince 2009
from 33.3% in 2009
US average: 47.4%
Afford Score
3.4
+37%since 2000
from 2.5 in 2000
1990 – 2024
Gentrification Score
52
RELATED:See current rent listings in Richmond on RentDataNow
Section 04

Race & ethnicity

2000
White, non-Hispanic99.3%(1,204)
Black0.1%(1)
Hispanic / Latino0.3%(4)
Asian0.1%(1)
Other0%
Diversity Score1.2%(15)
2024
White, non-Hispanic91.1%(1,304)
Black0%(0)
Hispanic / Latino6.4%(91)
Asian0.8%(11)
Other1.7%(25)
Diversity Score20.7%(296)
Diversity Score
21
+1572%since 2000
from 1 in 2000
1990 – 2024
Section 05

Education

Bachelor's degree or higher
17.8%
+10.5 ptssince 2000
from 7.4% in 2000
US average: 35.6%
High school or higher
90.9%
+17.8 ptssince 2000
from 73.2% in 2000
US average: 89.6%
Graduate degree
4.2%
+2.4 ptssince 2000
from 1.8% in 2000
US average: 14.0%
Section 06

Commute & transportation

Average commute
19.2 min
+26%since 2000
from 15.3 min in 2000
US average: 26.5
Drive alone to work
79.6%
−5.4 ptssince 2009
from 85.0% in 2009
US average: 68.9%
Carpooled to work
6.6%
−0.6 ptssince 2009
from 7.2% in 2009
US average: 8.5%
Public transit
0.9%
+0.9 ptssince 2009
from 0.0% in 2009
US average: 3.2%
Worked from home
11.0%
+7.0 ptssince 2009
from 4.0% in 2009
US average: 15.0%
Walked to work
0.7%
−0.2 ptssince 2009
from 1.0% in 2009
US average: 2.4%
Biked to work
0.9%
−1.6 ptssince 2009
from 2.5% in 2009
US average: 0.4%
No vehicle available
1.6%
−4.3 ptssince 2009
from 5.9% in 2009
US average: 8.3%
Section 07

Work & employment

Unemployment rate
1.6%
−5.0 ptssince 2011
from 6.7% in 2011
US average: 5.2%
Labor force participation
75.8%
+7.8 ptssince 2011
from 67.9% in 2011
US average: 63.5%
Self-employed
8.8%
+2.6 ptssince 2009
from 6.3% in 2009
US average: 13.1%
Management & professional
28.0%
−23.1 ptssince 2009
from 51.1% in 2009
US average: 42.5%
Section 08

People & community

Male
48.1%
−4.3 ptssince 2009
from 52.5% in 2009
Female
51.9%
+4.3 ptssince 2009
from 47.5% in 2009
Foreign born
1.2%
+1.0 ptssince 2009
from 0.2% in 2009
US average: 14.1%
Veterans
4.8%
−47.0 ptssince 2009
from 51.8% in 2009
US average: 6.2%
With a disability
11.6%
−0.3 ptssince 2012
from 11.9% in 2012
US average: 13.3%
Uninsured
1.5%
−87.0 ptssince 2013
from 88.5% in 2013
US average: 8.4%
Broadband at home
78.9%
+13.6 ptssince 2017
from 65.3% in 2017
US average: 91.0%
English only at home
96.1%
−2.1 ptssince 2016
from 98.2% in 2016
US average: 77.7%
Spanish at home
3.7%
+3.5 ptssince 2016
from 0.2% in 2016
US average: 13.6%
Drill deeper

Places similar to Richmond

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Pop 1,499
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Molino
Pop 1,447
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Head to head

Compare Richmond to nearby cities

RICHMOND VS
Waite Park
Income$59,285−17%
Home value$219,400−9%
Population8,450+458%
SEE FULL COMPARISON →
RICHMOND VS
St. Cloud
Income$61,374−14%
Home value$225,000−7%
Population72,647+4695%
SEE FULL COMPARISON →
RICHMOND VS
Sartell
Income$84,131+18%
Home value$297,300+23%
Population19,918+1215%
SEE FULL COMPARISON →
RICHMOND VS
Sauk Rapids
Income$71,841+1%
Home value$256,100+6%
Population13,768+809%
SEE FULL COMPARISON →
Frequently asked

How many people live in Richmond, Minnesota?

Richmond, Minnesota has about 1,431 residents according to the 2024 American Community Survey.

What is the median household income in Richmond, Minnesota?

The typical household in Richmond, Minnesota earns about $71,438 a year. Half of households make more than that, and half make less.

Is Richmond, Minnesota expensive?

In Richmond, Minnesota, the median home is worth about $241,300, and the typical rent is about $648 a month.

How educated are people in Richmond, Minnesota?

About 17.8% of adults age 25 and over in Richmond, Minnesota hold a bachelor's degree or higher.

What is the poverty rate in Richmond, Minnesota?

About 10.1% of people in Richmond, Minnesota live below the federal poverty line.

Has Richmond, Minnesota grown since 1990?

Yes, Richmond, Minnesota has grown since 1990. The population has added about 449 residents, a change of about 46 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 →