Living in Richfield, Idaho
Cost of living, income, home prices, rent and demographics of Richfield · Census data 2020–2024
Richfield has 586 residents with a median age of 33.5. The median household income is $67,500 (13% lower than the Idaho median), the median home value is $216,500, the median rent is $761/month.
Richfield is a small town, so Census survey estimates have wide margins of error. Treat percentages as approximate.
Richfield at a glance
- Population
- 586
- Median age
- 33.5State: 37.3
- Median household income
- $67,500State: $77,800
- Median home value
- $216,500State: $418,600
- Median rent
- $761/moState: $1,238
- Homeowners
- 76.7%
- Bachelor's degree or higher
- 6.8%
- Average commute
- 29 min
Is Richfield a good place to live?
Pros: Home values 48% lower than the state median.
Cons: Median household income 13% lower than the Idaho median; an average commute of 29 minutes; unemployment of 5.5%; a poverty rate of 16%.
The weather is best in June to September.
Cost of living in Richfield
Housing is the biggest part of the cost of living. In Richfield the median home value is $216,500, 35% lower than the U.S. median. Renters pay a median of $761 per month, which is 36.9% of household income. Homeowners with a mortgage pay $1,290 a month in housing costs.
Richfield median household income
The median household income in Richfield is $67,500 and the income per person is $26,109. 16% of residents live below the poverty line (Idaho: 10.6%).
Housing in Richfield: homes for sale and rent
- Housing units
- 249
- Owner-occupied
- 76.7%
- Renter-occupied
- 23.3%
- Vacant
- 15.7%Includes seasonal homes
- Median year built
- 1975
- Average household size
- 2.79
Richfield demographics
- Population
- 586
- Median age
- 33.5
- Under 18
- 31.1%
- 65 and older
- 13.3%
- Households
- 210
- Foreign-born
- 17.7%
- Veterans
- 5.9%Adults 18+
Hispanic or Latino can be of any race. Population history of Richfield ›
Education in Richfield
6.8% of adults 25 and older in Richfield have a bachelor's degree or higher (Idaho: 31.8%), and 5.2% have a graduate or professional degree.
Jobs and commute in Richfield
- Unemployment rate
- 5.5%State: 3.7%
- Average commute
- 29 minState: 22 min
- Work from home
- 6.7%
- Drive alone
- 73.6%
- Public transit
- 1.2%
- Walk to work
- 1.2%
- Homes with broadband
- 90.5%
Richfield vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Richfield | 586 | $67,500 | $216,500 | $761 |
| Dietrich | 421 | $73,750 | $225,000 | $967 |
| Shoshone | 1,911 | $69,392 | $229,800 | $1,031 |
| Carey | 1,196 | $59,375 | $311,800 | $1,063 |
| Bellevue | 2,588 | $72,712 | $539,000 | $1,109 |
| Gooding | 3,778 | $41,899 | $186,100 | $861 |
| Jerome | 12,930 | $66,894 | $225,400 | $947 |
| Eden | 421 | $34,250 | $175,900 | $933 |
| Hazelton | 977 | $57,656 | $221,300 | $692 |
More for people moving to Richfield
Richfield ZIP code ›Weather and climate ›Living in Richfield: FAQ
What is the median household income in Richfield, ID?
The median household income in Richfield is $67,500, 13% lower than the Idaho median of $77,800 (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
What is the average home price in Richfield?
The median home value in Richfield is $216,500, compared with $418,600 in Idaho.
How much is rent in Richfield?
The median gross rent in Richfield is $761 per month, about 36.9% of household income.
Is Richfield, ID a good place to live?
Pluses: home values 48% lower than the state median. Minuses: median household income 13% lower than the Idaho median; an average commute of 29 minutes; unemployment of 5.5%; a poverty rate of 16%.
What is the median age in Richfield?
The median age in Richfield is 33.5 years (Idaho: 37.3).
How long is the commute in Richfield?
The average commute to work in Richfield is 29 minutes; 6.7% of workers work from home.
What is the unemployment rate in Richfield?
The unemployment rate in Richfield is 5.5% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Richfield?
6.8% of adults in Richfield 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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