Living in Richmond Heights, Ohio
Cost of living, income, home prices, rent and demographics of Richmond Heights · Census data 2020–2024
Richmond Heights has 10,626 residents with a median age of 50.6. The median household income is $60,833 (15% lower than the Ohio median), the median home value is $208,800, the median rent is $961/month.
Richmond Heights at a glance
- Population
- 10,626
- Median age
- 50.6State: 39.7
- Median household income
- $60,833State: $71,389
- Median home value
- $208,800State: $214,800
- Median rent
- $961/moState: $1,034
- Homeowners
- 65.9%
- Bachelor's degree or higher
- 29.9%
- Average commute
- 27 min
Is Richmond Heights a good place to live?
Pros: Home values about the same as the state median; a poverty rate of 9.9%.
Cons: Median household income 15% lower than the Ohio median; an average commute of 27 minutes; unemployment of 11.2%.
The weather is best in June to September.
Cost of living in Richmond Heights
Housing is the biggest part of the cost of living. In Richmond Heights the median home value is $208,800, 37% lower than the U.S. median. Renters pay a median of $961 per month, which is 27.4% of household income. Homeowners with a mortgage pay $1,786 a month in housing costs.
Richmond Heights median household income
The median household income in Richmond Heights is $60,833 and the income per person is $39,752. 9.9% of residents live below the poverty line (Ohio: 13.3%).
Housing in Richmond Heights: homes for sale and rent
- Housing units
- 5,542
- Owner-occupied
- 65.9%
- Renter-occupied
- 34.1%
- Vacant
- 11.4%Includes seasonal homes
- Median year built
- 1967
- Average household size
- 2.10
Richmond Heights demographics
- Population
- 10,626
- Median age
- 50.6
- Under 18
- 15.5%
- 65 and older
- 27.4%
- Households
- 4,910
- Foreign-born
- 9.6%
- Veterans
- 5%Adults 18+
Hispanic or Latino can be of any race. Population history of Richmond Heights ›
Education in Richmond Heights
29.9% of adults 25 and older in Richmond Heights have a bachelor's degree or higher (Ohio: 31.5%), and 11.5% have a graduate or professional degree.
Jobs and commute in Richmond Heights
- Unemployment rate
- 11.2%State: 4.8%
- Average commute
- 27 minState: 23 min
- Work from home
- 17.2%
- Drive alone
- 74.8%
- Public transit
- 1.2%
- Walk to work
- 0.6%
- Homes with broadband
- 89.9%
Richmond Heights vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Richmond Heights | 10,626 | $60,833 | $208,800 | $961 |
| Highland Heights | 8,623 | $122,863 | $371,400 | $1,836 |
| Euclid | 48,823 | $50,285 | $126,500 | $1,025 |
| South Euclid | 21,534 | $81,297 | $153,700 | $1,367 |
| Lyndhurst | 13,801 | $91,238 | $212,200 | $1,244 |
| Wickliffe | 12,659 | $81,750 | $166,900 | $1,207 |
| Mayfield | 3,321 | $125,962 | $311,900 | $1,687 |
| Mayfield Heights | 20,022 | $66,524 | $205,200 | $1,128 |
| Willoughby Hills | 9,975 | $67,214 | $328,600 | $1,116 |
More for people moving to Richmond Heights
Richmond Heights ZIP code ›Weather and climate ›Living in Richmond Heights: FAQ
What is the median household income in Richmond Heights, OH?
The median household income in Richmond Heights is $60,833, 15% lower than the Ohio median of $71,389 (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
What is the average home price in Richmond Heights?
The median home value in Richmond Heights is $208,800, compared with $214,800 in Ohio.
How much is rent in Richmond Heights?
The median gross rent in Richmond Heights is $961 per month, about 27.4% of household income.
Is Richmond Heights, OH a good place to live?
Pluses: home values about the same as the state median; a poverty rate of 9.9%. Minuses: median household income 15% lower than the Ohio median; an average commute of 27 minutes; unemployment of 11.2%.
What is the median age in Richmond Heights?
The median age in Richmond Heights is 50.6 years (Ohio: 39.7).
How long is the commute in Richmond Heights?
The average commute to work in Richmond Heights is 27 minutes; 17.2% of workers work from home.
What is the unemployment rate in Richmond Heights?
The unemployment rate in Richmond Heights is 11.2% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Richmond Heights?
29.9% of adults in Richmond Heights 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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