Living in Richmond West, Florida

Cost of living, income, home prices, rent and demographics of Richmond West · Census data 2020–2024

Richmond West has 35,593 residents with a median age of 41.7. The median household income is $101,970 (37% higher than the Florida median), the median home value is $489,100, the median rent is $2,644/month.

Richmond West at a glance

Population
35,593
Median age
41.7State: 42.6
Median household income
$101,970State: $74,568
Median home value
$489,100State: $359,000
Median rent
$2,644/moState: $1,669
Homeowners
83.8%
Bachelor's degree or higher
33%
Average commute
41 min

Is Richmond West a good place to live?

Pros: Median household income 37% higher than the Florida median; unemployment of 2.9%; a poverty rate of 10.5%.

Cons: Home values 36% higher than the state median; an average commute of 41 minutes.

The weather is best in December to March.

Cost of living in Richmond West

Housing is the biggest part of the cost of living. In Richmond West the median home value is $489,100, 47% higher than the U.S. median. Renters pay a median of $2,644 per month, which is 37.9% of household income. Homeowners with a mortgage pay $2,311 a month in housing costs.

Median home value

Richmond West$489,100
Florida$359,000
United States$332,700

Median monthly rent

Richmond West$2,644
Florida$1,669
United States$1,413

Richmond West median household income

The median household income in Richmond West is $101,970 and the income per person is $36,607. 10.5% of residents live below the poverty line (Florida: 12.6%).

Median household income

Richmond West$101,970
Florida$74,568
United States$80,734

Housing in Richmond West: homes for sale and rent

Housing units
10,748
Owner-occupied
83.8%
Renter-occupied
16.2%
Vacant
1.2%Includes seasonal homes
Median year built
1996
Average household size
3.34

Richmond West demographics

Population
35,593
Median age
41.7
Under 18
21.7%
65 and older
18.9%
Households
10,617
Foreign-born
52.5%
Veterans
2.4%Adults 18+

Race and ethnicity

White21.4%
Hispanic or Latino81.1%
Black6.3%
Asian2%

Hispanic or Latino can be of any race. Population history of Richmond West ›

Education in Richmond West

33% of adults 25 and older in Richmond West have a bachelor's degree or higher (Florida: 34.1%), and 9.8% have a graduate or professional degree.

Bachelor's degree or higher

Richmond West33%
Florida34.1%
United States35.7%

Jobs and commute in Richmond West

Unemployment rate
2.9%State: 4.8%
Average commute
41 minState: 28 min
Work from home
12%
Drive alone
75.3%
Public transit
1.3%
Walk to work
0.1%
Homes with broadband
96.3%

Richmond West vs nearby towns

TownPopulationMedian incomeHome valueRent
Richmond West35,593$101,970$489,100$2,644
Country Walk19,291$124,540$547,000$2,732
Three Lakes16,888$102,306$481,300$2,361
South Miami Heights38,766$65,417$407,100$1,605
Richmond Heights9,992$67,606$378,100$1,801
West Perrine11,162$66,997$411,500$1,488
Goulds14,425$61,735$481,200$1,423
The Hammocks58,838$85,628$468,100$2,187
Palmetto Estates16,129$82,064$445,900$1,948

More for people moving to Richmond West

Richmond West ZIP code ›Weather and climate ›

Living in Richmond West: FAQ

What is the median household income in Richmond West, FL?

The median household income in Richmond West is $101,970, 37% higher than the Florida median of $74,568 (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).

What is the average home price in Richmond West?

The median home value in Richmond West is $489,100, compared with $359,000 in Florida.

How much is rent in Richmond West?

The median gross rent in Richmond West is $2,644 per month, about 37.9% of household income.

Is Richmond West, FL a good place to live?

Pluses: median household income 37% higher than the Florida median; unemployment of 2.9%; a poverty rate of 10.5%. Minuses: home values 36% higher than the state median; an average commute of 41 minutes.

What is the median age in Richmond West?

The median age in Richmond West is 41.7 years (Florida: 42.6).

How long is the commute in Richmond West?

The average commute to work in Richmond West is 41 minutes; 12% of workers work from home.

What is the unemployment rate in Richmond West?

The unemployment rate in Richmond West is 2.9% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).

How educated is Richmond West?

33% of adults in Richmond West 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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