Richmond, Maine Housing

Richmond, Maine has a population of 3,470, with a median household income of $61,200.

Current housing data for Richmond.

$246,800

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Population

3,470

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Median Income

$61,200

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Unemployment

3.10%

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Housing Price

$246,800

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Crime Rate

2.80

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Internet Speed

199.00 Mbps

Richmond is a small local community located in Maine. The city has a population that is above the average city population in Maine, 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.

Richmond, located in Maine, is a city that reflects important demographic and economic patterns within the region.

Population Overview

Richmond has a population of 3,470, which is higher than the state average. This indicates a relatively larger urban presence within Maine.

Income and Economy

The median household income in Richmond is $61,200, which is below the state average, indicating moderate economic conditions.

Housing Market

The average housing price in Richmond is about $246,800, making it relatively affordable compared to many cities in Maine.

Employment and Safety

The unemployment rate in Richmond is 3.10%, slightly above the state average, suggesting moderate employment conditions. Crime rates in Richmond are higher than the state average, which may be a factor for residents to consider.

City Comparison

Compared to other cities in Maine, Richmond shows distinct differences in population size, economic activity, and housing affordability, making it a unique case for analysis.

Richmond continues to play a role in shaping regional trends in Maine, particularly in terms of economic and demographic factors.

Frequently Asked Questions about Richmond

What is the population of Richmond?

The population of Richmond is approximately 3,470.

Is Richmond a good place to live?

Richmond offers a mix of economic conditions, housing affordability, and population size, making it suitable for different types of residents.

What is the average income in Richmond?

The median household income in Richmond is around $61,200.

How expensive is housing in Richmond?

The average housing price in Richmond is approximately $246,800.