Michigan · Census place 68380
Richmond city, MI
Quick answer
Richmond city has 5,839 residents, ranking #163 of 745 places in Michigan. Median household income is $61,715, the median home is worth $228,000 and median gross rent runs $870 a month.
- Population
- 5,839Richmond city residents
- Median household income
- $61,715Past 12 months, inflation adjusted
- Median home value
- $228,000Owner-occupied units
- Median gross rent
- $870Rent plus utilities, monthly
- Median age
- 38.3 yrsAll residents
- Homeownership rate
- 75.3%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 16.9% 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 3.7× the median household income; nationally that ratio sits near 4.5×. Poverty affects 23.4% of residents and 75.3% 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 Michigan.
- Buena Vista CDP 5,904
- Swartz Creek city 5,856
- Petoskey city 5,851
- Houghton Lake CDP 5,761
- Zeeland city 5,691
- Dowagiac city 5,677
- Dundee village 5,584
Keep going
More Michigan coverage.