Richmond, Minnesota has a population of 1,450, with a median household income of $64,200.
Current population data for Richmond.
1,450
$64,200
3.40%
$235,000
8.20
500.00 Mbps
Richmond is a small local community located in Minnesota. The city has a population that is below the average city population in Minnesota, contributing to its local economic activity, housing demand, and infrastructure development. Population size can significantly influence transportation systems, commercial growth, educational services, and employment opportunities within the region.
Situated in Minnesota, Richmond provides insight into regional population trends, income levels, and housing conditions.
Richmond has a population of 1,450, which is below the state average. This suggests a smaller and more localized community environment.
The median household income in Richmond is $64,200, which is below the state average, indicating moderate economic conditions.
Housing prices in Richmond average around $235,000, which is relatively high compared to other cities in Minnesota.
The unemployment rate in Richmond is 3.40%, which is lower than the state average, indicating a relatively strong job market. Crime rates in Richmond are higher than the state average, which may be a factor for residents to consider.
Compared to other cities in Minnesota, Richmond shows distinct differences in population size, economic activity, and housing affordability, making it a unique case for analysis.
As part of Minnesota, Richmond contributes to the broader economic and social landscape, offering insights into regional development.
The population of Richmond is approximately 1,450.
Richmond offers a mix of economic conditions, housing affordability, and population size, making it suitable for different types of residents.
The median household income in Richmond is around $64,200.
The average housing price in Richmond is approximately $235,000.