Living in Richville, Minnesota
Cost of living, income, home prices, rent and demographics of Richville · Census data 2020–2024
Richville has 44 residents with a median age of 59.8. The median household income is $56,250 (37% lower than the Minnesota median), the median home value is $156,300, the median rent is $850/month.
Richville is a small town, so Census survey estimates have wide margins of error. Treat percentages as approximate.
Richville at a glance
- Population
- 44
- Median age
- 59.8State: 38.8
- Median household income
- $56,250State: $89,062
- Median home value
- $156,300State: $329,300
- Median rent
- $850/moState: $1,280
- Homeowners
- 50%
- Bachelor's degree or higher
- 5.7%
- Average commute
- 31 min
Is Richville a good place to live?
Pros: Home values 53% lower than the state median.
Cons: Median household income 37% lower than the Minnesota median; an average commute of 31 minutes; a poverty rate of 38.6%.
The weather is best in June to September.
Cost of living in Richville
Housing is the biggest part of the cost of living. In Richville the median home value is $156,300, 53% lower than the U.S. median. Renters pay a median of $850 per month, which is 51% of household income. Homeowners with a mortgage pay $1,625 a month in housing costs.
Richville median household income
The median household income in Richville is $56,250 and the income per person is $29,545. 38.6% of residents live below the poverty line (Minnesota: 9.3%).
Housing in Richville: homes for sale and rent
- Housing units
- 34
- Owner-occupied
- 50%
- Renter-occupied
- 50%
- Vacant
- 35.3%Includes seasonal homes
- Median year built
- 1977
- Average household size
- 2.00
35.3% of homes are vacant most of the year, a sign that Richville has many vacation and second homes.
Richville demographics
- Population
- 44
- Median age
- 59.8
- Under 18
- 20.5%
- 65 and older
- 22.7%
- Households
- 22
- Foreign-born
- 0%
- Veterans
- 25.7%Adults 18+
Hispanic or Latino can be of any race. Population history of Richville ›
Education in Richville
5.7% of adults 25 and older in Richville have a bachelor's degree or higher (Minnesota: 39.4%), and 0% have a graduate or professional degree.
Jobs and commute in Richville
- Unemployment rate
- 0%State: 4.1%
- Average commute
- 31 minState: 23 min
- Work from home
- 0%
- Drive alone
- 100%
- Public transit
- 0%
- Walk to work
- 0%
- Homes with broadband
- 59.1%
Richville vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Richville | 44 | $56,250 | $156,300 | $850 |
| Dent | 230 | $52,500 | $106,300 | $842 |
| Ottertail | 490 | $80,500 | $332,900 | $1,150 |
| Perham | 3,627 | $49,716 | $199,000 | $855 |
| New York Mills | 1,371 | $56,875 | $166,300 | $727 |
| Vergas | 258 | $72,917 | $175,000 | $750 |
| Henning | 860 | $45,500 | $135,700 | $797 |
| Frazee | 1,647 | $47,016 | $172,000 | $902 |
| Battle Lake | 786 | $59,375 | $257,600 | $1,052 |
More for people moving to Richville
Richville ZIP code ›Weather and climate ›Living in Richville: FAQ
What is the median household income in Richville, MN?
The median household income in Richville is $56,250, 37% lower than the Minnesota median of $89,062 (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
What is the average home price in Richville?
The median home value in Richville is $156,300, compared with $329,300 in Minnesota.
How much is rent in Richville?
The median gross rent in Richville is $850 per month, about 51% of household income.
Is Richville, MN a good place to live?
Pluses: home values 53% lower than the state median. Minuses: median household income 37% lower than the Minnesota median; an average commute of 31 minutes; a poverty rate of 38.6%.
What is the median age in Richville?
The median age in Richville is 59.8 years (Minnesota: 38.8).
How long is the commute in Richville?
The average commute to work in Richville is 31 minutes; 0% of workers work from home.
What is the unemployment rate in Richville?
The unemployment rate in Richville is 0% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Richville?
5.7% of adults in Richville 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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