Indiana · Census place 64206
Richland town, IN
Quick answer
Richland town has 548 residents, ranking #490 of 976 places in Indiana. Median household income is $71,635, the median home is worth $145,800 and median gross rent runs $930 a month.
- Population
- 548Richland town residents
- Median household income
- $71,635Past 12 months, inflation adjusted
- Median home value
- $145,800Owner-occupied units
- Median gross rent
- $930Rent plus utilities, monthly
- Median age
- 32.6 yrsAll residents
- Homeownership rate
- 88.3%Owner-occupied households
What the numbers mean in Richland town
Housing cost measured against local earnings.
A household earning the Richland town median would spend about 15.6% 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 2.0× the median household income; nationally that ratio sits near 4.5×. Poverty affects 10.4% of residents and 88.3% of households own their home.
Source: US Census Bureau, ACS 2019-2023 5-year estimates · rates as published for 2019-2023 ACS 5-year
Compare with nearby places
Places of similar size in Indiana.
- Westwood CDP 555
- Bainbridge town 553
- Denver town 549
- Kewanna town 546
- Bethel Village CDP 545
- New Market town 544
- Rosedale town 540
Keep going
More Indiana coverage.