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Richfield city, Minnesota

City

Population: 36,725 (2023 estimate)

Located in Minnesota , Minnesota

Census Bureau data for Richfield city from the American Community Survey. "Cities" in Census data include incorporated places, towns, villages, and census-designated places (CDPs) — all places where the Census collects community-level estimates.

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Data: U.S. Census Bureau, ACS 5-Year Estimates, 2023 (released December 2024).

Quick Facts — Richfield city

What is the median household income in Richfield city?
The median household income in Richfield city is $84,055 (U.S. Census Bureau ACS 5-Year Estimates, 2023).
What is the poverty rate in Richfield city?
The poverty rate in Richfield city is 4.4% (U.S. Census Bureau ACS 2023).
What is the median home value in Richfield city?
$320,400 (U.S. Census Bureau ACS 2023).
What is the average rent in Richfield city?
The median gross rent in Richfield city is $1,334 per month (U.S. Census Bureau ACS 2023).
What percentage of Richfield city residents have a college degree?
44.3% of adults in Richfield city hold a bachelor's degree or higher (U.S. Census Bureau ACS 2023).
Population
36,725
Median Income
$84,055
Median Home Value
$320,400
Poverty Rate
4.4%
Unemployment (ACS 2023)
5.1%
Median Age
38.0 yrs
Since 2019 Median Income: +$17,147 (+25.6%) Home Value: +$95,200 (+42.3%) Poverty Rate: -1.9 pp (-30.2%) Bachelor's+: +1.9 pp (+4.5%) Unemployment: +1.7 pp (+50%)

Demographics

Total Population 36,725
Median Age 38.0
Female 49.9%
Race & Ethnicity
Hispanic or Latino 18.4% White (non-Hisp.) 61.1% Black 10.1% Asian 6.2% Two or More 10.0% Other 9.7%
Asian Subgroups (% of total pop.)
Indian
2.9%
Chinese
1.0%
Vietnamese
0.8%
Filipino
0.3%
Korean
0.2%
Hispanic Subgroups (% of total pop.)
Mexican
13.9%
Cuban
0.3%
Puerto Rican
0.2%

Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023

Income & Poverty

Median Household Income $84,055 ±$3,302
-$3,501 vs. state
Per Capita Income $107,753
Median Family Income $105,697
Poverty Rate 4.4%
-1.1 pp vs. state
Child Poverty Rate 6.0%
Working-Age Poverty Rate
SNAP Recipients 6.3%
Social Security Income
Retirement Income 23.3%
Household Income Distribution
< $10k
2.2%
$10–15k
2.3%
$15–25k
6.2%
$25–35k
5.3%
$35–50k
8.6%
$50–75k
19.5%
$75–100k
16.3%
$100–150k
19.2%
$150–200k
9.5%
$200k+
11.0%

Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023

Housing

Total Housing Units 16,759
Owner-Occupied 62.4%
Renter-Occupied 37.6%
Vacancy Rate 3.2%
Median Home Value $320,400
+$14,900 vs. state
Median Gross Rent $1,334
Owner Cost Burden (30%+) 15.1%
Renter Cost Burden (30%+) 33.1%
Home Value Distribution
< $50k
1.8%
$50–100k
1.0%
$100–200k
3.0%
$200–300k
32.7%
$300–500k
53.5%
$500k–$1M
4.4%
$1M+
0.7%
Gross Rent Distribution
< $500
4.7%
$500–1k
15.0%
$1–1.5k
46.7%
$1.5–2k
19.6%
$2–2.5k
8.1%
$2.5–3.5k
2.8%
$3.5k+
3.1%
Vehicle Availability
No vehicle
10.4%
1 vehicle
36.1%
2 vehicles
40.0%
3+
13.5%
Housing Type
Single-fam. det.
59.2%
Single-fam. att.
2.3%
2–4 units
1.5%
5–19 units
3.1%
20+ units
24.8%
Mobile home
0.2%
Housing Age
Pre-1940
5.0%
1940–1969
16.9%
1970–1999
8.6%
2000–2009
5.6%
2010+
4.2%

Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023

Education

High School or Higher 91.4%
Bachelor's or Higher 44.3%
+5.5 pp vs. state
Graduate Degree 13.0%
Some College / Associate 18.7%
Less Than High School 4.6%
Enrolled in School

Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023

Employment

Labor Force Participation 70.0%
Unemployment Rate 5.1%
+1.2 pp vs. state
Work from Home 15.7%
Self-Employed 3.8%
Government Workers 10.3%
Private For-Profit 85.8%
Industry
Edu/Health
21.8%
Prof. Services
15.7%
Finance
11.1%
Retail
10.8%
Manufacturing
9.6%
Arts/Entmt.
8.3%
Transportation
6.4%
Construction
3.5%
Public Admin
2.7%
Wholesale
2.7%
Information
1.7%
Agriculture
0.8%
Occupation
Management
49.0%
Sales
18.6%
Food Prep
16.4%
Production
11.5%
Construction
4.5%

Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023

Commute

Median Travel Time 23.2 min
Drove Alone 68.1%
Carpool 6.8%
Public Transit 4.3%
Work from Home 15.7%
Walked 2.6%
Bicycle

Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023

Households & Families

Total Households 16,221
Avg. Household Size 2.00
Avg. Family Size
Married-Couple Households 44.7%
Single-Mother Households
Single-Father Households
Living Alone
Households with Children 14.4%
Multigenerational

Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023

Age Distribution

Under 5
5.2%
5–9
5.0%
10–14
5.1%
15–19
5.3%
20–24
5.2%
25–34
17.3%
35–44
17.3%
45–54
9.6%
55–64
6.0%
65–74
5.3%
75–84
11.3%
85+
4.6%
Under 18: 18.8% Working age (18–64): 81.2% 65 and over: 18.8%

Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023

Social Characteristics

Immigration

Foreign Born 17.0%
Naturalized Citizen 46.7%
Speaks English Less Than Very Well 9.0%
Foreign-Born Origin
Latin America
45.7%
Asia
27.1%
Africa
22.6%
Europe
3.5%

Veterans & Disability

Veteran 4.9%
With a Disability 11.9%
Cognitive Difficulty
Ambulatory Difficulty

Health Insurance

Insured 93.7%
Uninsured 6.3%
Employer Insurance
Medicaid
Medicare

Technology & Mobility

Broadband Internet 90.4%
Has a Computer 95.2%
Same House 1 Year Ago 86.5%
Moved from Abroad 0.5%

Source: U.S. Census Bureau, ACS 5-Year Estimates, 2023

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