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Living in
Richfield.
About
Life in Richfield
Richfield offers solid suburban living for people who want Minneapolis access without the urban core price tag—median home values around $340,000 and rents about $1,390 are reasonable for the metro area. The Best Buy headquarters brought real economic stability; unemployment sits at 3.4% and median household income is over $84,000, which translates to actual job opportunities and financial breathing room. The tradeoff is that this is car-dependent suburbia—while there are 23 parks and wood-lined nature areas like Wood Lake Nature Center, you're still navigating interstates and surface streets to get anywhere, with a 23-minute average commute.
Richfield at a Glance
Population, income, housing and more
Median Age
39.4 yrs
Poverty Rate
8.2%
Foreign-Born
16.9%
Broadband Internet
91.6%
of households
Population Growth
-1.1%
recent change · Census Bureau
Median household income
Demographics16.9% foreign-born, most often from Mexico
Who lives in Richfield: race and ethnicity, ages, households, languages and countries of origin
In Richfield, the largest foreign-born group is from Mexico (32.6%), and 14.6% of residents speak Spanish at home.
Under 18
18.2%
of residents
65 and Older
19.1%
of residents
Households with Kids
22.1%
anyone under 18
Living Alone
34.1%
of households
Married Couples
44.7%
of households
Avg Household Size
2.19
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 9% above MN average
Rent, home values, and income in Richfield
In Richfield, rent runs 9% above the MN average.
Median rent (per month)
Median home value
Rent Burdened
43.4%
spending 30%+ of income on rent
Severely Rent Burdened
23.1%
spending 50%+
Cost of Living Index
104.8
metro area (BEA) · US avg = 100
Median Property Tax
$3,905
per year, owner-occupied homes
Homeowners
61.6%
of occupied homes are owned
Typical Home Built
1959
median year built
Vacant Homes
3.7%
of housing units
Home Value Trend
Latest: $342,723 (September 2026)
Jobs & Economyunemployment 0.5 pts below MN average
Unemployment in Richfield and typical pay across the metro area
Unemployment in Richfield is 0.5 percentage points lower than the MN average.
Unemployment rate
City-level rate · BLS annual average
Unemployment Rate — 10 Year Trend
City-level (BLS) · Annual averages
What Richfield Residents Do for Work · share of employed residents by industry
City residents, wherever they work
Median Salary by Occupation · metro area
Minneapolis-St. Paul-Bloomington, MN-WI metro area
Commute23.1 min avg
How Richfield residents get to work, and the nearest airports
In Richfield, most residents drive alone to work (65%), and 74% get there in under 30 minutes.
How People Get to Work
Commute Time Distribution
Nearest airports · with airline service
- 3 mi
Minneapolis–Saint Paul International Airport / Wold–Chamberlain Field (MSP)
Major hub17.5M 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 40% below national average
Crime rates for 2025
Violent crime in Richfield runs 40% below the national average.
Violent Crime Rate
197.9
per 100,000 residents
Below average (329 national, 2025)
Property Crime Rate
2,160.3
per 100,000 residents
Above average (1,552 national, 2025)
Richfield Police Department
Natural DisastersThunderstorm Wind most common — 25 events in 2025
Natural hazard risk, storms and earthquakes
FEMA National Risk Index
Relatively High
98.3 / 100
Compares expected losses from natural hazards, social vulnerability and community resilience against every US county (higher = more risk).
Hennepin County, county-wide · FEMA NRI December 2025
In Hennepin County, which includes Richfield, the most common type is thunderstorm wind, with 25 recorded events in 2025.
Most common events:
Storm events by year
| Year | Events | Top Type | Property Damage |
|---|---|---|---|
| 2025 | 25 | Winter Weather | None reported |
| 2024 | 18 | Thunderstorm Wind | None reported |
| 2023 | 20 | Winter Storm | $14.0M |
| 2022 | 16 | Thunderstorm Wind | $43,700 |
| 2021 | 9 | Thunderstorm Wind | $512,500 |
| 2020 | 16 | Winter Storm | $1.3M |
| 2019 | 16 | Winter Storm | $255,000 |
| 2018 | 16 | Winter Storm | $25,000 |
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.
0 earthquakes of magnitude 2.5+ within 100 miles in the past year
Hennepin County, county-wide
Richfield is about 3% of Hennepin County’s population, so county-wide figures may differ from local conditions.
Air Quality45 median AQI — Good
Days by air quality category (2025)
Air quality in Hennepin County, which includes Richfield, is typically good — 211 good-air days per year.
Median AQI
45
Good Days
211
per year
Moderate Days
144
per year
Unhealthy Days
6
per year
Hennepin County, county-wide
Richfield is about 3% of Hennepin County’s population, so county-wide figures may differ from local conditions.
Climate81°F summers, 12°F winters
30-year climate averages (1991–2020) — monthly temperatures and precipitation
Richfield has warm summers (avg high 81°F) and very cold winters (avg low 12°F).
Spring (Mar–May)
56°/37°F
avg high / low
Summer (Jun–Aug)
81°/63°F
avg high / low
Fall (Sep–Nov)
58°/41°F
avg high / low
Winter (Dec–Feb)
27°/12°F
avg high / low
Annual Precipitation
34.6"
Annual Snowfall
51.2"
Hot Days/Year
13
days above 90°F
Freeze Days/Year
147
days below 32°F
Rainy Days/Year
119
Average month
Show month-by-month table ↓Hide table ↑
| Month | High | Low | Precip |
|---|---|---|---|
| Jan | 24°F | 9°F | 0.89" |
| Feb | 29°F | 13°F | 0.87" |
| Mar | 42°F | 25°F | 1.68" |
| Apr | 57°F | 38°F | 2.91" |
| May | 69°F | 50°F | 3.91" |
| Jun | 79°F | 60°F | 4.58" |
| Jul | 83°F | 65°F | 4.06" |
| Aug | 81°F | 63°F | 4.34" |
| Sep | 73°F | 54°F | 3.02" |
| Oct | 58°F | 41°F | 2.58" |
| Nov | 42°F | 28°F | 1.61" |
| Dec | 29°F | 15°F | 1.17" |
Healthcare
Hospitals, ratings, and health insurance in Richfield
Uninsured
5.4%
of residents
No hospitals inside Richfield's limits — nearest hospitals · within 15 miles
M Health Fairview Southdale Hospital
Acute Care Hospitals · ER available · 2.3 mi away · Edina
Minneapolis VA Medical Center
Acute Care - Veterans Administration · ER available · 4.3 mi away · Minneapolis
Park Nicollet Methodist Hospital
Acute Care Hospitals · ER available · 5.2 mi away · Saint Louis Park
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.
Education12.0:1 student/teacher ratio
Schools and degree attainment in Richfield
Richfield's student/teacher ratio is 12.0:1 (lower than the national average of 16:1), and 43.7% of adults 25+ hold a bachelor's degree or higher.
Public Schools
22
within city limits
Private Schools
4
within city limits
College Degree Rate
43.7%
adults 25+ with bachelor's or higher
Student/Teacher Ratio
12.0:1
National avg 16:1
Schools located within city limits (2023) — school-level metrics change slowly year to year
Colleges Near Richfield (within 15 miles)
University of Minnesota-Twin Cities
7.1 mi awayPublic · 4-year · 31,855 students · in-state tuition $18,482 · 83% graduate · median earnings $74,314 (10 yrs after entry)
Private for-profit · 4-year · 18,364 students · in-state tuition $14,328 · 32% graduate · median earnings $51,254 (10 yrs after entry)
Private for-profit · 4-year · 9,136 students · in-state tuition $13,140 · 33% graduate · median earnings $54,715 (10 yrs after entry)
Public · 2-year · 7,044 students · in-state tuition $6,567 · 26% graduate · median earnings $55,051 (10 yrs after entry)
Private nonprofit · 4-year · 6,245 students · in-state tuition $56,460 · 78% graduate · median earnings $82,322 (10 yrs after entry)
Public · 4-year · 5,616 students · in-state tuition $10,382 · 58% graduate · median earnings $66,336 (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: Mississippi National River & Recreation Area, 10 mi
Nearby national parks, recreation areas and public libraries for Richfield
Richfield has 2 nearby national parks or recreation areas, closest being Mississippi National River & Recreation Area (10 mi away).
Nearby National Parks & Recreation Areas
Mississippi National River & Recreation Area
National River & Recreation Area
10 mi awaySaint Croix National Scenic Riverway
National Scenic Riverway
72 mi awayPublic Libraries in Richfield
Augsburg Park Library
7100 Nicollet Avenue South, Richfield
Cities Near Richfield
The closest cities within 60 miles
Planning a move to Richfield?
Read our full moving guide — what it's really like to live here.
Richfield FAQ
Is Richfield, Minnesota affordable?⌄
Richfield's median rent is $1,393/month, which is close to the national average. The median household income is $85,132/year. Median home value is $344,000.
Is Richfield, Minnesota safe?⌄
Richfield's violent crime rate was 198 per 100,000 residents in 2025, which is below the national average of 329/100k that year. Property crime rate is 2160 per 100,000. As with any city, crime rates vary by neighborhood.
What is the job market like in Richfield, Minnesota?⌄
Richfield has an unemployment rate of 3.4%, which is solid, slightly below the national average of 4.3%.
What is the cost of living in Richfield, Minnesota?⌄
The cost of living in Richfield is primarily driven by housing. Median rent is $1,393/month and median household income is $85,132/year. The median home value is $344,000. About 43% of renters spend more than 30% of their income on housing.
How is the commute in Richfield, Minnesota?⌄
The average commute in Richfield is 23 minutes, which is about 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