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ZipNumbers

Illinois · Census place 63641

Richmond village, IL

Quick answer

Richmond village has 2,530 residents, ranking #461 of 1462 places in Illinois. Median household income is $70,379, the median home is worth $225,800 and median gross rent runs $1,183 a month.

Population
2,530Richmond village residents
Median household income
$70,379Past 12 months, inflation adjusted
Median home value
$225,800Owner-occupied units
Median gross rent
$1,183Rent plus utilities, monthly
Median age
36.6 yrsAll residents
Homeownership rate
55.4%Owner-occupied households

What the numbers mean in Richmond village

Housing cost measured against local earnings.

A household earning the Richmond village median would spend about 20.2% of gross income on the median rent. The 30% mark is the federal threshold for cost burden, so anything above it signals a stretched rental market. The median home costs 3.2× the median household income; nationally that ratio sits near 4.5×. Poverty affects 5.6% of residents and 55.4% of households own their home.

Source: US Census Bureau, ACS 2019-2023 5-year estimates · rates as published for 2019-2023 ACS 5-year

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