Indiana · Census place 64260
Richmond city, IN
Quick answer
Richmond city has 35,551 residents, ranking #28 of 976 places in Indiana. Median household income is $46,395, the median home is worth $107,600 and median gross rent runs $815 a month.
- Population
- 35,551Richmond city residents
- Median household income
- $46,395Past 12 months, inflation adjusted
- Median home value
- $107,600Owner-occupied units
- Median gross rent
- $815Rent plus utilities, monthly
- Median age
- 38.1 yrsAll residents
- Homeownership rate
- 57.5%Owner-occupied households
What the numbers mean in Richmond city
Housing cost measured against local earnings.
A household earning the Richmond city median would spend about 21.1% 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 2.3× the median household income; nationally that ratio sits near 4.5×. Poverty affects 23.2% of residents and 57.5% 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.
- New Albany city 37,589
- Merrillville town 36,343
- Plainfield town 35,783
- Valparaiso city 34,377
- Goshen city 34,374
- Crown Point city 34,042
- Michigan City city 31,894
Keep going
More Indiana coverage.