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Richmond, MI

Comprehensive demographics, housing data, local amenities, and economic statistics for Richmond.

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Community Insights

Amenity Score
76/100
highly walkable area
Transit
79/100
excellent transit access
Leading Industries
Transportation · Retail
4% transportation
Home Value Growth⬆⬆
+13.2% over 2 years
Young Adults
29% of residents
slightly above average
Homeowners
77% of occupied units

People & Demographics

Total Population5,858
Households
Under 18
23.0%
Age 18–34
29.0%
Age 35–64
32.0%
Age 65+
17.0%
Veterans
8.0%
Active Duty
0.0%

Housing & Living

Median Home Value$237,774
Median Gross Rent$864/mo
Owner Occupied
76.6%
Renter Occupied
23.4%
Detached Homes
Built Pre-1940

Economy & Income

Median Household Income$64,730
Poverty Rate

Key Industries

Healthcare7.0%
Professional Services1.0%
Manufacturing0.0%
Retail17.0%
Education0.0%

Amenities & Transit

Transit Score79 / 100
Walkability / Amenities76 / 100
Commute < 15m
Commute 60m+

Education

High School Grad
Bachelor's Degree
12.0%
Master's or Higher
8.0%
School Enrollment

Frequently Asked Questions

What is the population and demographic makeup of Richmond?

The total population of Richmond is approximately 5,858. The largest age group is 35-64 year olds. This demographic data is sourced from the U.S. Census Bureau.

Is Richmond walkable and transit-friendly?

Based on local geographic data, Richmond has an amenity and walkability score of 76/100 and a transit score of 79/100. This indicates it is a highly walkable area with excellent access to local businesses, restaurants, and daily errands.

Do more people rent or own homes in Richmond?

The housing market in Richmond is predominantly driven by homeowners, with 77% of housing units being owner-occupied and 23% being renter-occupied.

What is the education level of residents in Richmond?

In Richmond, approximately 12% of adult residents hold a bachelor's degree or higher. Additionally, 8% of the population holds a master's degree or higher. This indicates the local educational attainment compared to state and national averages.