Living in Richfield, North Carolina
Cost of living, income, home prices, rent and demographics of Richfield · Census data 2020–2024
Richfield has 937 residents with a median age of 30.9. The median household income is $70,750 (about the same as the North Carolina median), the median home value is $219,900, the median rent is $1,060/month.
Richfield is a small town, so Census survey estimates have wide margins of error. Treat percentages as approximate.
Richfield at a glance
- Population
- 937
- Median age
- 30.9State: 39.1
- Median household income
- $70,750State: $72,388
- Median home value
- $219,900State: $288,900
- Median rent
- $1,060/moState: $1,228
- Homeowners
- 80.8%
- Bachelor's degree or higher
- 26.6%
- Average commute
- 24 min
Is Richfield a good place to live?
Pros: Home values 24% lower than the state median; an average commute of 24 minutes; unemployment of 4.6%; a poverty rate of 11.4%.
Cons: Median household income about the same as the North Carolina median.
The weather is best in April–May and September–October.
Cost of living in Richfield
Housing is the biggest part of the cost of living. In Richfield the median home value is $219,900, 34% lower than the U.S. median. Renters pay a median of $1,060 per month, which is 30.3% of household income. Homeowners with a mortgage pay $1,648 a month in housing costs.
Richfield median household income
The median household income in Richfield is $70,750 and the income per person is $28,988. 11.4% of residents live below the poverty line (North Carolina: 13%).
Housing in Richfield: homes for sale and rent
- Housing units
- 340
- Owner-occupied
- 80.8%
- Renter-occupied
- 19.2%
- Vacant
- 7.9%Includes seasonal homes
- Median year built
- 1979
- Average household size
- 2.99
Richfield demographics
- Population
- 937
- Median age
- 30.9
- Under 18
- 22.5%
- 65 and older
- 14.4%
- Households
- 313
- Foreign-born
- 4.1%
- Veterans
- 1.8%Adults 18+
Hispanic or Latino can be of any race. Population history of Richfield ›
Education in Richfield
26.6% of adults 25 and older in Richfield have a bachelor's degree or higher (North Carolina: 35.7%), and 8.3% have a graduate or professional degree.
Jobs and commute in Richfield
- Unemployment rate
- 4.6%State: 4.7%
- Average commute
- 24 minState: 25 min
- Work from home
- 1.1%
- Drive alone
- 89.3%
- Public transit
- 0%
- Walk to work
- 0.4%
- Homes with broadband
- 94.9%
Richfield vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Richfield | 937 | $70,750 | $219,900 | $1,060 |
| Misenheimer | 659 | $60,417 | $225,000 | $806 |
| New London | 608 | $61,875 | $296,200 | $1,234 |
| Gold Hill | 914 | $73,187 | $279,600 | — |
| Millingport | 522 | $84,464 | $209,900 | — |
| Albemarle | 16,762 | $46,881 | $204,800 | $880 |
| Badin | 2,184 | $53,145 | $160,200 | $975 |
| Rockwell | 2,782 | $69,632 | $237,200 | $952 |
| Mount Pleasant | 2,230 | $90,795 | $306,500 | $1,178 |
More for people moving to Richfield
Richfield ZIP code ›Weather and climate ›Living in Richfield: FAQ
What is the median household income in Richfield, NC?
The median household income in Richfield is $70,750, about the same as the North Carolina median of $72,388 (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 $219,900, compared with $288,900 in North Carolina.
How much is rent in Richfield?
The median gross rent in Richfield is $1,060 per month, about 30.3% of household income.
Is Richfield, NC a good place to live?
Pluses: home values 24% lower than the state median; an average commute of 24 minutes; unemployment of 4.6%; a poverty rate of 11.4%. Minuses: median household income about the same as the North Carolina median.
What is the median age in Richfield?
The median age in Richfield is 30.9 years (North Carolina: 39.1).
How long is the commute in Richfield?
The average commute to work in Richfield is 24 minutes; 1.1% of workers work from home.
What is the unemployment rate in Richfield?
The unemployment rate in Richfield is 4.6% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Richfield?
26.6% 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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