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CITY · 2020 ACS

Richmond

Minnesota · 1,475 residents · 1.192 sq mi
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The short version

Richmond has lower-than-average household income, with a median household income of $56,042. Population has grown 22% since 2000. 11% of adults hold a bachelor's degree or higher, below the national rate of 33%. Median home value has risen by half since 2000, reaching $161,100.

At a glance
Lower income
below the US median
US median: $66,278
Mid-age
median age 39.9
US median: 38.8
Less educated
11% 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
1,475
+22%since 2000
from 1,213 in 2000
1990 – 2025
Population density
1,237 / sq mi
+22%since 2000
from 1,018 / sq mi in 2000
US average: 280
Median age
39.9
+6%since 2000
from 37.7 in 2000
US average: 38.8
Population, 1990 – 2024
9211K1K1K2K1990201020202024Richmond
20241K
1990201020202024
Section 02

Income & economy

Median household income
$56,042
−3%inflation adjusted, since 2000
from $38,400 in 2000
US average: $66,278
1990 – 2024
Per capita income
$28,053
+75%since 2000
from $15,995 in 2000
US average: $35,364
Households earning $100K+
36.4%
+13.9 ptssince 2009
from 22.4% in 2009
US average: 43.9%
Poverty rate
9.7%
+3.1 ptssince 2000
from 6.6% in 2000
US average: 12.8%
Workforce by industry, 2020
Retail trade26.6%
US avg: 10%
Wholesale trade11.8%
US avg: 6.7%
Other services8.6%
US avg: 6.6%
Public administration7.2%
US avg: 4.7%
Finance & insurance7%
US avg: 5.5%
Professional, scientific, technical7%
US avg: 4.7%
Information5.9%
US avg: 11.1%
Agriculture, forestry, fishing5%
US avg: 1.7%
Construction5%
US avg: 1.2%
Transportation & warehousing4.3%
US avg: 2.5%
Arts, entertainment, food1.9%
US avg: 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
$161,100
+14%inflation adjusted, since 2000
from $94,400 in 2000
US average: $265,253
1990 – 2024
Median gross rent
$520
−1%inflation adjusted, since 2000
from $350 in 2000
US average: $1,124
Owner-occupied
83.2%
+0.6 ptssince 2000
from 82.6% in 2000
16.8% rent
Afford Score
2.9
+17%since 2000
from 2.5 in 2000
1990 – 2024
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)
2020
White, non-Hispanic94.8%(1,398)
Black0.1%(1)
Hispanic / Latino2.4%(35)
Asian0.3%(5)
Other0%(0)
Diversity Score6.9%(102)
Diversity Score
7
+462%since 2000
from 1 in 2000
1990 – 2024
Section 05

Education

Bachelor's degree or higher
11.3%
+4.0 ptssince 2000
from 7.4% in 2000
US average: 32.9%
High school or higher
91.2%
+18.1 ptssince 2000
from 73.2% in 2000
US average: 88.5%
Graduate degree
1.7%
−0.1 ptssince 2000
from 1.8% in 2000
US average: 12.7%
Section 06

Commute & transportation

Average commute
20.0 min
+31%since 2000
from 15.3 min in 2000
US average: 26.9
Drive alone to work
75.3%
−9.7 ptssince 2009
from 85.0% in 2009
US average: 75.1%
No vehicle available
1.2%
−4.7 ptssince 2009
from 5.9% in 2009
US average: 8.4%
Section 07

Work & employment

Unemployment rate
2.6%
−4.1 ptssince 2011
from 6.7% in 2011
US average: 5.4%
Labor force participation
65.5%
−2.4 ptssince 2011
from 67.9% in 2011
US average: 63.4%
Management & professional
23.8%
−27.3 ptssince 2009
from 51.1% in 2009
US average: 39.3%
Section 08

People & community

Male
49.9%
−2.6 ptssince 2009
from 52.5% in 2009
Female
50.1%
+2.6 ptssince 2009
from 47.5% in 2009
Foreign born
1.4%
+1.2 ptssince 2009
from 0.2% in 2009
US average: 13.5%
Uninsured
0.8%
−87.7 ptssince 2013
from 88.5% in 2013
US average: 8.8%
Drill deeper

Places similar to Richmond

Boulevard Gardens
Pop 1,499
Heritage Pines
Pop 1,477
East Palatka
Pop 1,494
Molino
Pop 1,447
Places similar to Richmond
Head to head

Compare Richmond to nearby cities

RICHMOND VS
Waite Park
Income$59,285+6%
Home value$219,400+36%
Population8,450+458%
SEE FULL COMPARISON →
RICHMOND VS
St. Cloud
Income$61,374+10%
Home value$225,000+40%
Population72,647+4695%
SEE FULL COMPARISON →
RICHMOND VS
Sartell
Income$84,131+50%
Home value$297,300+85%
Population19,918+1215%
SEE FULL COMPARISON →
RICHMOND VS
Sauk Rapids
Income$71,841+28%
Home value$256,100+59%
Population13,768+809%
SEE FULL COMPARISON →
Frequently asked

How many people live in Richmond, Minnesota?

Richmond, Minnesota has about 1,475 residents according to the 2020 American Community Survey.

What is the median household income in Richmond, Minnesota?

The typical household in Richmond, Minnesota earns about $56,042 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 $161,100, and the typical rent is about $520 a month.

How educated are people in Richmond, Minnesota?

About 11.3% 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 9.7% 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 493 residents, a change of about 50 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 →