Median Household Income
$71,438 ± $19,281
Median Home Value
$241,300 ± $10,733
Median Gross Rent
$648 ± $99/mo
Per Capita Income
$34,659
Poverty Rate
10.1%
Unemployment Rate
1.6%
Homeownership Rate
86.2%
Bachelor's Degree or Higher
17.8%
Median Age
39.5
Average Commute
17 min
Households
579
Veterans
52
Population Over Time
Richmond shrank 2.4% from 2014 to 2024.
2014
1,466
2016
1,596
2018
1,568
2020
1,384
2022
1,329
2024
1,431
Population by Race & Ethnicity
White
91.5%
Hispanic or Latino
6.4%
Black or African American
0.0%
Asian
0.8%
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.