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Richmond city, Minnesota

City

Population: 1,336 (2023 estimate)

Located in Minnesota , Minnesota

Census Bureau data for Richmond 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 — Richmond city

What is the median household income in Richmond city?
The median household income in Richmond city is $67,381 (U.S. Census Bureau ACS 5-Year Estimates, 2023).
What is the poverty rate in Richmond city?
The poverty rate in Richmond city is 8.1% (U.S. Census Bureau ACS 2023).
What is the median home value in Richmond city?
$225,500 (U.S. Census Bureau ACS 2023).
What is the average rent in Richmond city?
The median gross rent in Richmond city is $584 per month (U.S. Census Bureau ACS 2023).
What percentage of Richmond city residents have a college degree?
17.4% of adults in Richmond city hold a bachelor's degree or higher (U.S. Census Bureau ACS 2023).
Population
1,336
Median Income
$67,381
Median Home Value
$225,500
Poverty Rate
8.1%
Unemployment (ACS 2023)
1.9%
Median Age
39.0 yrs
Since 2019 Median Income: +$10,506 (+18.5%) Home Value: +$67,300 (+42.5%) Poverty Rate: +2.2 pp (+37.3%) Bachelor's+: +4.8 pp (+38.1%) Unemployment: +0.5 pp (+35.7%)

Demographics

Total Population 1,336
Median Age 39.0
Female 52.1%
Race & Ethnicity
Hispanic or Latino 9.8% White (non-Hisp.) 89.2% Two or More 4.6% Other 2.5%
Hispanic Subgroups (% of total pop.)
Mexican
5.2%
Puerto Rican
3.1%

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

Income & Poverty

Median Household Income $67,381 ±$2,851
-$20,175 vs. state
Per Capita Income $88,136
Median Family Income $94,583
Poverty Rate 8.1%
+2.6 pp vs. state
Child Poverty Rate 6.5%
Working-Age Poverty Rate
SNAP Recipients 7.5%
Social Security Income
Retirement Income 22.6%
Household Income Distribution
< $10k
2.9%
$10–15k
2.0%
$15–25k
11.6%
$25–35k
12.5%
$35–50k
7.5%
$50–75k
19.5%
$75–100k
11.3%
$100–150k
19.4%
$150–200k
12.4%
$200k+
0.9%

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

Housing

Total Housing Units 580
Owner-Occupied 87.8%
Renter-Occupied 12.2%
Vacancy Rate 3.8%
Median Home Value $225,500
-$80,000 vs. state
Median Gross Rent $584
Owner Cost Burden (30%+) 13.5%
Renter Cost Burden (30%+) 34.8%
Home Value Distribution
< $50k
1.2%
$50–100k
2.0%
$100–200k
15.5%
$200–300k
45.3%
$300–500k
19.0%
Gross Rent Distribution
< $500
16.7%
$500–1k
68.2%
$1–1.5k
10.6%
$1.5–2k
4.5%
Vehicle Availability
No vehicle
0.7%
1 vehicle
31.7%
2 vehicles
45.0%
3+
22.6%
Housing Type
Single-fam. det.
92.1%
5–19 units
3.6%
20+ units
2.6%
Housing Age
Pre-1940
29.5%
1940–1969
3.6%
1970–1999
13.8%
2000–2009
11.9%
2010+
3.8%

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

Education

High School or Higher 92.3%
Bachelor's or Higher 17.4%
-21.4 pp vs. state
Graduate Degree 4.4%
Some College / Associate 19.3%
Less Than High School 5.9%
Enrolled in School

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

Employment

Labor Force Participation 71.8%
Unemployment Rate 1.9%
-2.0 pp vs. state
Work from Home 11.0%
Self-Employed 4.0%
Government Workers 8.2%
Private For-Profit 87.7%
Industry
Edu/Health
22.7%
Manufacturing
18.6%
Construction
10.4%
Transportation
10.1%
Retail
8.9%
Arts/Entmt.
7.4%
Finance
4.9%
Agriculture
4.2%
Prof. Services
2.8%
Information
2.6%
Public Admin
1.6%
Wholesale
1.1%
Occupation
Management
27.8%
Production
24.4%
Sales
23.1%
Food Prep
15.1%
Construction
9.6%

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

Commute

Median Travel Time 20.0 min
Drove Alone 81.7%
Carpool 5.7%
Public Transit 0.7%
Work from Home 11.0%
Walked 0.8%
Bicycle

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

Households & Families

Total Households 558
Avg. Household Size 2.00
Avg. Family Size
Married-Couple Households 48.4%
Single-Mother Households
Single-Father Households
Living Alone
Households with Children 21.9%
Multigenerational

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

Age Distribution

Under 5
6.9%
5–9
8.0%
10–14
5.5%
15–19
5.7%
20–24
7.6%
25–34
11.9%
35–44
11.9%
45–54
12.1%
55–64
5.9%
65–74
6.1%
75–84
7.8%
85+
6.0%
Under 18: 24.9% Working age (18–64): 75.1% 65 and over: 18.4%

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

Social Characteristics

Immigration

Foreign Born 1.7%
Naturalized Citizen 17.4%
Speaks English Less Than Very Well 0.6%

Veterans & Disability

Veteran 6.2%
With a Disability 12.1%
Cognitive Difficulty
Ambulatory Difficulty

Health Insurance

Insured 98.3%
Uninsured 1.7%
Employer Insurance
Medicaid
Medicare

Technology & Mobility

Broadband Internet 77.8%
Has a Computer 88.4%
Same House 1 Year Ago 94.0%
Moved from Abroad 0.0%

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

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