Living in Richfield Springs, New York

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

Richfield Springs has 1,104 residents with a median age of 35.4. The median household income is $55,750 (35% lower than the New York median), the median home value is $132,400, the median rent is $756/month.

Richfield Springs is a small town, so Census survey estimates have wide margins of error. Treat percentages as approximate.

Richfield Springs at a glance

Population
1,104
Median age
35.4State: 39.8
Median household income
$55,750State: $85,974
Median home value
$132,400State: $423,800
Median rent
$756/moState: $1,621
Homeowners
71.8%
Bachelor's degree or higher
26.1%
Average commute
34 min

Is Richfield Springs a good place to live?

Pros: Home values 69% lower than the state median; unemployment of 3.1%.

Cons: Median household income 35% lower than the New York median; an average commute of 34 minutes; a poverty rate of 25.6%.

The weather is best in June to September.

Cost of living in Richfield Springs

Housing is the biggest part of the cost of living. In Richfield Springs the median home value is $132,400, 60% lower than the U.S. median. Renters pay a median of $756 per month, which is 36.1% of household income. Homeowners with a mortgage pay $1,003 a month in housing costs.

Median home value

Richfield Springs$132,400
New York$423,800
United States$332,700

Median monthly rent

Richfield Springs$756
New York$1,621
United States$1,413

Richfield Springs median household income

The median household income in Richfield Springs is $55,750 and the income per person is $29,255. 25.6% of residents live below the poverty line (New York: 14%).

Median household income

Richfield Springs$55,750
New York$85,974
United States$80,734

Housing in Richfield Springs: homes for sale and rent

Housing units
513
Owner-occupied
71.8%
Renter-occupied
28.2%
Vacant
17.7%Includes seasonal homes
Median year built
1938
Average household size
2.59

Richfield Springs demographics

Population
1,104
Median age
35.4
Under 18
19.5%
65 and older
21.6%
Households
422
Foreign-born
2%
Veterans
7.2%Adults 18+

Race and ethnicity

White90.9%
Hispanic or Latino1.5%
Black1%
Asian1.5%

Hispanic or Latino can be of any race. Population history of Richfield Springs ›

Education in Richfield Springs

26.1% of adults 25 and older in Richfield Springs have a bachelor's degree or higher (New York: 40.2%), and 7.8% have a graduate or professional degree.

Bachelor's degree or higher

Richfield Springs26.1%
New York40.2%
United States35.7%

Jobs and commute in Richfield Springs

Unemployment rate
3.1%State: 6.4%
Average commute
34 minState: 33 min
Work from home
6.5%
Drive alone
73%
Public transit
0%
Walk to work
5.6%
Homes with broadband
94.1%

Richfield Springs vs nearby towns

TownPopulationMedian incomeHome valueRent
Richfield Springs1,104$55,750$132,400$756
Springfield Center244$51,667——
South Ilion195$103,333$78,700—
West Winfield837$76,667$151,300$679
Mohawk2,520$72,813$124,600$705
Cooperstown2,220$76,000$380,900$1,223
Ilion7,593$62,843$108,700$694
East Frankfort571$57,833$109,500$963
Herkimer7,566$48,529$133,200$821

More for people moving to Richfield Springs

Richfield Springs ZIP code ›Weather and climate ›

Living in Richfield Springs: FAQ

What is the median household income in Richfield Springs, NY?

The median household income in Richfield Springs is $55,750, 35% lower than the New York median of $85,974 (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).

What is the average home price in Richfield Springs?

The median home value in Richfield Springs is $132,400, compared with $423,800 in New York.

How much is rent in Richfield Springs?

The median gross rent in Richfield Springs is $756 per month, about 36.1% of household income.

Is Richfield Springs, NY a good place to live?

Pluses: home values 69% lower than the state median; unemployment of 3.1%. Minuses: median household income 35% lower than the New York median; an average commute of 34 minutes; a poverty rate of 25.6%.

What is the median age in Richfield Springs?

The median age in Richfield Springs is 35.4 years (New York: 39.8).

How long is the commute in Richfield Springs?

The average commute to work in Richfield Springs is 34 minutes; 6.5% of workers work from home.

What is the unemployment rate in Richfield Springs?

The unemployment rate in Richfield Springs is 3.1% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).

How educated is Richfield Springs?

26.1% of adults in Richfield Springs 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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