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Richmond, MN

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

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Community Insights

Highly Educated
29% bachelor's · 21% graduate
top 10% nationally
High Incomes
$89k/year
top 26% nationally
Leading Industries
Arts, Food & Hospitality · Professional Services · Healthcare
14% arts, food & hospitality
Home Value Growth⬆⬆
+14.2% over 2 years
Family-Friendly
24% of residents
slightly above average
Homeowners
87% of occupied units

People & Demographics

Total Population1,428
Households
Under 18
24.0%
Age 18–34
19.0%
Age 35–64
38.0%
Age 65+
18.0%
Veterans
5.0%
Active Duty
0.0%

Housing & Living

Median Home Value$281,653
Median Gross Rent$745/mo
Owner Occupied
86.9%
Renter Occupied
13.1%
Detached Homes
Built Pre-1940

Economy & Income

Median Household Income$88,989
Poverty Rate

Key Industries

Healthcare15.0%
Professional Services3.0%
Manufacturing0.0%
Retail16.0%
Education2.0%

Amenities & Transit

Transit Score28 / 100
Walkability / Amenities52 / 100
Commute < 15m
Commute 60m+

Education

High School Grad
Bachelor's Degree
29.0%
Master's or Higher
21.0%
School Enrollment

Frequently Asked Questions

What is the population and demographic makeup of Richmond?

The total population of Richmond is approximately 1,428. 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 52/100 and a transit score of 28/100. This indicates moderate access to local amenities and transportation.

Do more people rent or own homes in Richmond?

The housing market in Richmond is predominantly driven by homeowners, with 87% of housing units being owner-occupied and 13% being renter-occupied.

What is the education level of residents in Richmond?

In Richmond, approximately 29% of adult residents hold a bachelor's degree or higher. Additionally, 21% of the population holds a master's degree or higher. This indicates the local educational attainment compared to state and national averages.