Median Household Income
$85,132 ± $4,429
Median Home Value
$344,000 ± $4,212
Median Gross Rent
$1,393 ± $43/mo
Per Capita Income
$47,856
Poverty Rate
8.2%
Unemployment Rate
5.3%
Homeownership Rate
61.6%
Bachelor's Degree or Higher
43.7%
Median Age
39.4
Average Commute
19 min
Households
16,547
Veterans
1,337
Population Over Time
Richfield grew 2.1% from 2014 to 2024.
2014
35,877
2016
35,912
2018
35,982
2020
36,253
2022
36,809
2024
36,642
Population by Race & Ethnicity
White
62.2%
Hispanic or Latino
17.8%
Black or African American
10.8%
Asian
5.5%
Nearby Cities in Minnesota
Source: U.S. Census Bureau, American Community Survey, ACS 2020-2024. Estimates carry a margin of error (shown as ±) inherent to ACS's sample-based methodology.