Living in Richmond, California
Cost of living, income, home prices, rent and demographics of Richmond · Census data 2020–2024
Richmond has 115,505 residents with a median age of 37.9. The median household income is $95,391 (4% lower than the California median), the median home value is $668,200, the median rent is $1,960/month.
Richmond at a glance
- Population
- 115,505
- Median age
- 37.9State: 37.9
- Median household income
- $95,391State: $99,122
- Median home value
- $668,200State: $734,700
- Median rent
- $1,960/moState: $2,036
- Homeowners
- 54.7%
- Bachelor's degree or higher
- 33%
- Average commute
- 34 min
Is Richmond a good place to live?
Pros: Home values 9% lower than the state median.
Cons: Median household income 4% lower than the California median; an average commute of 34 minutes; unemployment of 8.3%; a poverty rate of 13.5%.
The weather is best in June to September.
Cost of living in Richmond
Housing is the biggest part of the cost of living. In Richmond the median home value is $668,200, 101% higher than the U.S. median. Renters pay a median of $1,960 per month, which is 34.5% of household income. Homeowners with a mortgage pay $2,822 a month in housing costs.
Richmond median household income
The median household income in Richmond is $95,391 and the income per person is $43,743. 13.5% of residents live below the poverty line (California: 12%).
Housing in Richmond: homes for sale and rent
- Housing units
- 42,509
- Owner-occupied
- 54.7%
- Renter-occupied
- 45.3%
- Vacant
- 4%Includes seasonal homes
- Median year built
- 1966
- Average household size
- 2.80
Richmond demographics
- Population
- 115,505
- Median age
- 37.9
- Under 18
- 20.8%
- 65 and older
- 14.5%
- Households
- 40,806
- Foreign-born
- 34.5%
- Veterans
- 2.6%Adults 18+
Hispanic or Latino can be of any race. Population history of Richmond ›
Education in Richmond
33% of adults 25 and older in Richmond have a bachelor's degree or higher (California: 37.1%), and 13% have a graduate or professional degree.
Jobs and commute in Richmond
- Unemployment rate
- 8.3%State: 6.6%
- Average commute
- 34 minState: 29 min
- Work from home
- 14%
- Drive alone
- 60.3%
- Public transit
- 8.2%
- Walk to work
- 1.4%
- Homes with broadband
- 93%
Richmond vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Richmond | 115,505 | $95,391 | $668,200 | $1,960 |
| North Richmond | 3,855 | $100,673 | $623,900 | $2,157 |
| San Pablo | 31,720 | $79,478 | $551,700 | $2,018 |
| Rollingwood | 3,627 | $99,830 | $600,000 | $1,836 |
| East Richmond Heights | 3,109 | $134,632 | $915,400 | $2,071 |
| El Sobrante | 16,294 | $114,853 | $758,800 | $2,216 |
| Montalvin Manor | 2,063 | $79,542 | $438,600 | $1,983 |
| Tara Hills | 4,840 | $101,747 | $661,200 | $2,451 |
| El Cerrito | 25,994 | $127,876 | $1,124,400 | $2,548 |
More for people moving to Richmond
Richmond ZIP code ›Weather and climate ›Living in Richmond: FAQ
What is the median household income in Richmond, CA?
The median household income in Richmond is $95,391, 4% lower than the California median of $99,122 (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
What is the average home price in Richmond?
The median home value in Richmond is $668,200, compared with $734,700 in California.
How much is rent in Richmond?
The median gross rent in Richmond is $1,960 per month, about 34.5% of household income.
Is Richmond, CA a good place to live?
Pluses: home values 9% lower than the state median. Minuses: median household income 4% lower than the California median; an average commute of 34 minutes; unemployment of 8.3%; a poverty rate of 13.5%.
What is the median age in Richmond?
The median age in Richmond is 37.9 years (California: 37.9).
How long is the commute in Richmond?
The average commute to work in Richmond is 34 minutes; 14% of workers work from home.
What is the unemployment rate in Richmond?
The unemployment rate in Richmond is 8.3% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Richmond?
33% of adults in Richmond have a bachelor's degree or higher.
Source: U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024 (margins of error apply, especially in small towns). Figures are in 2024 dollars.
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