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Living in
Richmond.
About
Life in Richmond
Living in Richmond means settling into a modest-sized city with real character and a strong educational presence. Housing is genuinely affordable—median home values around $114,400 and median rent under $850 a month—and the job market is stable with unemployment at 4.2% and an average commute of just 18 minutes. The city's identity is built around higher education and history rather than flash; with four colleges and two seminaries, there's an intellectual pulse here, though only about 21% of residents hold a college degree.
Richmond at a Glance
Population, income, housing and more
Median Age
38.6 yrs
Poverty Rate
25.4%
Foreign-Born
4.1%
Broadband Internet
88.2%
of households
Population Growth
-1.0%
recent change · Census Bureau
Median household income
Demographics4.1% foreign-born, most often from Mexico
Who lives in Richmond: race and ethnicity, ages, households, languages and countries of origin
In Richmond, the largest foreign-born group is from Mexico (27.4%), and 4.2% of residents speak Spanish at home.
Under 18
22.4%
of residents
65 and Older
18.9%
of residents
Households with Kids
26.6%
anyone under 18
Living Alone
37.9%
of households
Married Couples
33.1%
of households
Avg Household Size
2.27
people
Race & Ethnicity
Hispanic or Latino of any race; other groups are non-Hispanic
Top countries of origin (foreign-born)
Languages Spoken at Home
Cost of Livingrent 23% below IN average
Rent, home values, and income in Richmond
In Richmond, rent runs 23% below the IN average, and home values are 48% below the IN average.
Median rent (per month)
Median home value
Rent Burdened
49.0%
spending 30%+ of income on rent
Severely Rent Burdened
24.0%
spending 50%+
Median Property Tax
$951
per year, owner-occupied homes
Homeowners
57.2%
of occupied homes are owned
Typical Home Built
1957
median year built
Vacant Homes
14.2%
of housing units
Home Value Trend
Latest: $160,095 (September 2026)
Jobs & Economyunemployment 0.5 pts above IN average
Unemployment in Richmond
Unemployment in Richmond is 0.5 percentage points higher than the IN average.
Unemployment rate
City-level rate · BLS annual average
Unemployment Rate — 10 Year Trend
City-level (BLS) · Annual averages
What Richmond Residents Do for Work · share of employed residents by industry
City residents, wherever they work
Commute18.6 min avg
How Richmond residents get to work, and the nearest airports
In Richmond, most residents drive alone to work (78%), and 81% get there in under 30 minutes.
How People Get to Work
Commute Time Distribution
Nearest airports · with airline service
- 36 mi
James M. Cox Dayton International Airport (DAY)
Small hub638k passengers boarded in 2025
- 55 mi
Cincinnati Northern Kentucky International Airport (CVG)
Medium hub4.4M passengers boarded in 2025
Straight-line distance. Size is the FAA’s hub category, based on passenger traffic: regional airports may have only a few flights a day.
Safetyviolent crime 93% above national average
Crime rates for 2025
Violent crime in Richmond runs 93% above the national average.
Violent Crime Rate
636.2
per 100,000 residents
Above average (329 national, 2025)
Property Crime Rate
1,165.5
per 100,000 residents
Below average (1,552 national, 2025)
Richmond Police Department
Natural DisastersThunderstorm Wind most common — 12 events in 2025
Natural hazard risk, storms and earthquakes
FEMA National Risk Index
Relatively Low
74.1 / 100
Compares expected losses from natural hazards, social vulnerability and community resilience against every US county (higher = more risk).
Wayne County, county-wide · FEMA NRI December 2025
In Wayne County, which includes Richmond, the most common type is thunderstorm wind, with 12 recorded events in 2025.
Most common events:
Storm events by year
| Year | Events | Top Type | Property Damage |
|---|---|---|---|
| 2025 | 12 | Thunderstorm Wind | $27,000 |
| 2024 | 13 | Thunderstorm Wind | $298,500 |
| 2023 | 5 | Thunderstorm Wind | $31,000 |
| 2022 | 9 | Thunderstorm Wind | $11,000 |
| 2021 | 8 | Thunderstorm Wind | $41,250 |
| 2020 | 12 | Winter Weather | $41,000 |
| 2019 | 18 | Winter Weather | $237,000 |
| 2018 | 10 | Winter Weather | $2,250 |
Property damage is the National Weather Service's estimate filed with each event. “None reported” means the events were logged with $0 damage; “Not estimated” means no estimate was filed. Storms covering several counties aren't counted here, since NOAA doesn't split their damage by county.
1 earthquake of magnitude 2.5+ within 100 miles in the past year
Wayne County, county-wide
Air Quality43 median AQI — Good
Days by air quality category (2025)
Air quality in Preble County, OH (the nearest EPA-monitored county, about 15 miles from Richmond) is typically good — 247 good-air days per year.
Median AQI
43
Good Days
247
per year
Moderate Days
116
per year
Unhealthy Days
0
per year
Nearest EPA monitor county: Preble County, OH (15 mi away)
Climate83°F summers, 22°F winters
30-year climate averages (1991–2020) — monthly temperatures and precipitation
Richmond has warm summers (avg high 83°F) and cold winters (avg low 22°F).
Spring (Mar–May)
63°/41°F
avg high / low
Summer (Jun–Aug)
83°/62°F
avg high / low
Fall (Sep–Nov)
65°/43°F
avg high / low
Winter (Dec–Feb)
39°/22°F
avg high / low
Annual Precipitation
42.9"
Annual Snowfall
12.4"
Hot Days/Year
16
days above 90°F
Freeze Days/Year
117
days below 32°F
Rainy Days/Year
131
Average month
Show month-by-month table ↓Hide table ↑
| Month | High | Low | Precip |
|---|---|---|---|
| Jan | 36°F | 20°F | 3.20" |
| Feb | 40°F | 22°F | 2.25" |
| Mar | 51°F | 31°F | 3.42" |
| Apr | 64°F | 41°F | 4.27" |
| May | 74°F | 52°F | 4.63" |
| Jun | 82°F | 60°F | 4.80" |
| Jul | 85°F | 64°F | 4.32" |
| Aug | 84°F | 62°F | 3.27" |
| Sep | 78°F | 54°F | 3.12" |
| Oct | 66°F | 43°F | 3.16" |
| Nov | 52°F | 33°F | 3.32" |
| Dec | 40°F | 25°F | 3.10" |
Healthcare2 hospitals, avg 2.0/5
Hospitals, ratings, and health insurance in Richmond
Richmond has 2 hospitals, averaging 2.0 out of 5 on CMS's quality rating — below-average care.
Hospitals
2
within city limits
Uninsured
12.1%
of residents
Avg Hospital Rating
2.0 / 5
Reid Health
Acute Care Hospitals · ER available
Richmond State Hospital
Psychiatric · ER available
Adult Health · vs. the typical US place
Share of adults. Modeled estimates, not counted cases. “US” = the typical US place.
Medicare-certified hospitals only. Doesn’t include clinics, urgent care, or freestanding ERs.
Education13.7:1 student/teacher ratio
Schools and degree attainment in Richmond
Richmond's student/teacher ratio is 13.7:1 (lower than the national average of 16:1), and 20.1% of adults 25+ hold a bachelor's degree or higher.
Public Schools
11
within city limits
Private Schools
5
within city limits
College Degree Rate
20.1%
adults 25+ with bachelor's or higher
Student/Teacher Ratio
13.7:1
National avg 16:1
Schools located within city limits (2023) — school-level metrics change slowly year to year
Colleges & Universities in Richmond
Public · 4-year · 2,589 students · in-state tuition $8,424 · 51% graduate · median earnings $52,038 (10 yrs after entry)
Private nonprofit · 4-year · 670 students · in-state tuition $55,814 · 72% graduate · median earnings $49,427 (10 yrs after entry)
Degree-granting colleges with 100+ students, placed by campus location (main campuses only — branch campuses are reported under their parent school)
Parks & Recreationclosest: Dayton Aviation Heritage National Historical Park, 42 mi
Nearby national parks, recreation areas and public libraries for Richmond
Richmond has 3 nearby national parks or recreation areas, closest being Dayton Aviation Heritage National Historical Park (42 mi away).
Nearby National Parks & Recreation Areas
Dayton Aviation Heritage National Historical Park
National Historical Park
42 mi awayWilliam Howard Taft National Historic Site
National Historic Site
53 mi awayCharles Young Buffalo Soldiers National Monument
National Monument
54 mi awayPublic Libraries in Richmond
Morrisson-Reeves Library
80 North 6th Street, Richmond
Cities Near Richmond
The closest cities within 60 miles
Planning a move to Richmond?
Read our full moving guide — what it's really like to live here.
Richmond FAQ
Is Richmond, Indiana affordable?⌄
Richmond's median rent is $822/month, which is below the national average, making it relatively affordable. The median household income is $45,399/year. Median home value is $114,400.
Is Richmond, Indiana safe?⌄
Richmond's violent crime rate was 636 per 100,000 residents in 2025, which is significantly above the national average of 329/100k that year. Property crime rate is 1166 per 100,000. As with any city, crime rates vary by neighborhood.
What is the job market like in Richmond, Indiana?⌄
Richmond has an unemployment rate of 4.2%, which is close to the national average of 4.3%.
What is the cost of living in Richmond, Indiana?⌄
The cost of living in Richmond is primarily driven by housing. Median rent is $822/month and median household income is $45,399/year. The median home value is $114,400. About 49% of renters spend more than 30% of their income on housing.
How is the commute in Richmond, Indiana?⌄
The average commute in Richmond is 19 minutes, which is shorter than average compared to the national average of 26 minutes.
Data from the US Census Bureau, BLS, FBI, NOAA, EPA, Zillow Research and other public sources. Where our data comes from