Richmond, IN Micro Area

Metro Area

Population: 66,377 (2023 estimate)

Core-Based Statistical Area (CBSA)

Metro area data from the U.S. Census Bureau. Core-Based Statistical Areas (CBSAs) are defined by the Office of Management and Budget and group counties with a central urban core plus surrounding communities that are economically tied to it. Metro areas often cross county and state lines, making them the best unit for understanding regional labor markets, housing costs, and commute patterns.

Metro income rankings Compare to another metro

Trends 2017–2023

Income Poverty Home Values Rent Homeownership Education Unemployment Commute Time Work From Home Foreign-Born Uninsured

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

Quick Facts — Richmond, IN Micro Area

What is the median household income in Richmond, IN Micro Area?: The median household income in Richmond, IN Micro Area is $56,652 (U.S. Census Bureau ACS 5-Year Estimates, 2023).
What is the poverty rate in Richmond, IN Micro Area?: The poverty rate in Richmond, IN Micro Area is 13.1% (U.S. Census Bureau ACS 2023).
What is the median home value in Richmond, IN Micro Area?: $126,100 (U.S. Census Bureau ACS 2023).
What is the average rent in Richmond, IN Micro Area?: The median gross rent in Richmond, IN Micro Area is $813 per month (U.S. Census Bureau ACS 2023).
What percentage of Richmond, IN Micro Area residents have a college degree?: 20.2% of adults in Richmond, IN Micro Area hold a bachelor's degree or higher (U.S. Census Bureau ACS 2023).

Population

66,377

Median Income

$56,652

Median Home Value

$126,100

Poverty Rate

13.1%

Unemployment (ACS 2023)

5.3%

Median Age

40.0 yrs

Since 2019 Median Income: +$10,136 (+21.8%) Home Value: +$25,600 (+25.5%) Poverty Rate: +1.0 pp (+8.3%) Bachelor's+: +2.0 pp (+11%) Unemployment: +0.1 pp (+1.9%)

Demographics

Total Population 66,377

Median Age 40.0

Female 51.2%

Race & Ethnicity

Hispanic or Latino 3.8% White (non-Hisp.) 86.2% Black 4.1% Asian 1.1% Two or More 5.6% Other 1.8%

Asian Subgroups (% of total pop.)

Chinese

0.5%

Indian

0.2%

Filipino

0.1%

Vietnamese

0.1%

Hispanic Subgroups (% of total pop.)

Mexican

2.7%

Puerto Rican

0.2%

Cuban

0.1%

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

Income & Poverty

Median Household Income $56,652 ±$3,411

Per Capita Income $76,659

Median Family Income $75,367

Poverty Rate 13.1%

Child Poverty Rate 22.8%

Working-Age Poverty Rate —

SNAP Recipients 14.5%

Social Security Income —

Retirement Income 26.4%

Household Income Distribution

< $10k

6.1%

$10–15k

5.3%

$15–25k

10.4%

$25–35k

9.6%

$35–50k

13.5%

$50–75k

17.5%

$75–100k

15.2%

$100–150k

12.7%

$150–200k

5.1%

$200k+

4.6%

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

Housing

Total Housing Units 30,758

Owner-Occupied 69.7%

Renter-Occupied 30.3%

Vacancy Rate 12.8%

Median Home Value $126,100

Median Gross Rent $813

Owner Cost Burden (30%+) 16.2%

Renter Cost Burden (30%+) 40.8%

Home Value Distribution

< $50k

9.1%

$50–100k

24.7%

$100–200k

24.4%

$200–300k

14.3%

$300–500k

6.5%

$500k–$1M

2.6%

$1M+

0.7%

Gross Rent Distribution

< $500

14.3%

$500–1k

62.4%

$1–1.5k

20.7%

$1.5–2k

2.0%

$2–2.5k

0.6%

$3.5k+

0.1%

Vehicle Availability

No vehicle

8.3%

1 vehicle

34.0%

2 vehicles

33.8%

23.9%

Housing Type

Single-fam. det.

79.1%

Single-fam. att.

1.9%

2–4 units

3.0%

5–19 units

2.0%

20+ units

4.6%

Mobile home

3.0%

Housing Age

Pre-1940

28.6%

1940–1969

8.2%

1970–1999

13.2%

2000–2009

6.8%

2010+

1.8%

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

Education

High School or Higher 88.3%

Bachelor's or Higher 20.2%

Graduate Degree 7.9%

Some College / Associate 22.0%

Less Than High School 4.1%

Enrolled in School —

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

Employment

Labor Force Participation 59.9%

Unemployment Rate 5.3%

Work from Home 6.1%

Self-Employed 5.2%

Government Workers 13.0%

Private For-Profit 81.4%

Industry

Edu/Health

28.2%

Manufacturing

18.5%

Retail

10.8%

Arts/Entmt.

8.6%

Construction

7.5%

Prof. Services

6.3%

Transportation

4.7%

Public Admin

3.4%

Finance

2.9%

Wholesale

1.9%

Information

1.3%

Agriculture

0.9%

Occupation

Management

32.8%

Production

20.0%

Sales

19.3%

Food Prep

17.3%

Construction

10.6%

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

Commute

Median Travel Time 20.9 min

Drove Alone 79.3%

Carpool 11.1%

Public Transit 0.2%

Work from Home 6.1%

Walked 2.7%

Bicycle —

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

Households & Families

Total Households 26,818

Avg. Household Size 2.00

Avg. Family Size —

Married-Couple Households 45.5%

Single-Mother Households —

Single-Father Households —

Living Alone —

Households with Children 16.1%

Multigenerational —

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

Age Distribution

Under 5

6.0%

5–9

6.9%

10–14

5.6%

15–19

6.7%

20–24

6.5%

25–34

11.3%

35–44

11.7%

45–54

12.2%

55–64

6.1%

65–74

7.6%

75–84

11.3%

85+

5.4%

Under 18: 22.6% Working age (18–64): 77.4% 65 and over: 19.2%

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

Social Characteristics

Immigration

Foreign Born 2.9%

Naturalized Citizen 28.3%

Speaks English Less Than Very Well 2.1%

Foreign-Born Origin

Latin America

46.9%

Asia

25.6%

Africa

10.7%

Europe

8.7%

Veterans & Disability

Veteran 8.1%

With a Disability 18.3%

Cognitive Difficulty —

Ambulatory Difficulty —

Health Insurance

Insured 89.3%

Uninsured 10.7%

Employer Insurance —

Medicaid —

Medicare —

Technology & Mobility

Broadband Internet 87.6%

Has a Computer 91.7%

Same House 1 Year Ago 85.8%

Moved from Abroad 0.4%

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