Living in Richmond, New Hampshire
Cost of living, income, home prices, rent and demographics of Richmond · Census data 2020–2024
Richmond has 1,314 residents with a median age of 48.2. The median household income is $89,375 (10% lower than the New Hampshire median), the median home value is $313,400.
Richmond is a small town, so Census survey estimates have wide margins of error. Treat percentages as approximate.
Richmond at a glance
- Population
- 1,314
- Median age
- 48.2State: 43.3
- Median household income
- $89,375State: $99,031
- Median home value
- $313,400State: $402,500
- Homeowners
- 98.5%
- Bachelor's degree or higher
- 32.4%
- Average commute
- 35 min
Is Richmond a good place to live?
Pros: Home values 22% lower than the state median; a poverty rate of 2.7%.
Cons: Median household income 10% lower than the New Hampshire median; an average commute of 35 minutes; unemployment of 13.4%.
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 $313,400, 6% lower than the U.S. median. Renters pay a median of — per month. Homeowners with a mortgage pay $2,161 a month in housing costs.
Richmond median household income
The median household income in Richmond is $89,375 and the income per person is $35,020. 2.7% of residents live below the poverty line (New Hampshire: 7.2%).
Housing in Richmond: homes for sale and rent
- Housing units
- 526
- Owner-occupied
- 98.5%
- Renter-occupied
- 1.5%
- Vacant
- 13.9%Includes seasonal homes
- Median year built
- 1985
- Average household size
- 2.88
Richmond demographics
- Population
- 1,314
- Median age
- 48.2
- Under 18
- 19.1%
- 65 and older
- 30.3%
- Households
- 453
- Foreign-born
- 1.9%
- Veterans
- 7.4%Adults 18+
Hispanic or Latino can be of any race. Population history of Richmond ›
Education in Richmond
32.4% of adults 25 and older in Richmond have a bachelor's degree or higher (New Hampshire: 40.6%), and 11.7% have a graduate or professional degree.
Jobs and commute in Richmond
- Unemployment rate
- 13.4%State: 3.3%
- Average commute
- 35 minState: 27 min
- Work from home
- 17.4%
- Drive alone
- 73.5%
- Public transit
- 0.5%
- Walk to work
- 0%
- Homes with broadband
- 89.4%
Richmond vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Richmond | 1,314 | $89,375 | $313,400 | — |
| Swanzey | 7,398 | $81,595 | $259,200 | $1,508 |
| Troy | 2,005 | $88,871 | $266,600 | $1,024 |
| Winchester | 4,212 | $67,723 | $242,900 | $1,209 |
| Fitzwilliam | 2,278 | $100,735 | $305,900 | — |
| West Swanzey | 1,188 | $47,090 | $193,400 | $1,645 |
| Warwick | 776 | $93,333 | $349,400 | $1,367 |
| Royalston | 1,460 | $102,109 | $346,300 | $1,650 |
| Marlborough | 2,207 | $69,032 | $267,200 | $1,133 |
More for people moving to Richmond
Richmond ZIP code ›Weather and climate ›Living in Richmond: FAQ
What is the median household income in Richmond, NH?
The median household income in Richmond is $89,375, 10% lower than the New Hampshire median of $99,031 (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 $313,400, compared with $402,500 in New Hampshire.
Is Richmond, NH a good place to live?
Pluses: home values 22% lower than the state median; a poverty rate of 2.7%. Minuses: median household income 10% lower than the New Hampshire median; an average commute of 35 minutes; unemployment of 13.4%.
What is the median age in Richmond?
The median age in Richmond is 48.2 years (New Hampshire: 43.3).
How long is the commute in Richmond?
The average commute to work in Richmond is 35 minutes; 17.4% of workers work from home.
What is the unemployment rate in Richmond?
The unemployment rate in Richmond is 13.4% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Richmond?
32.4% 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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