Living in Richwood, Ohio
Cost of living, income, home prices, rent and demographics of Richwood · Census data 2020–2024
Richwood has 2,332 residents with a median age of 34.8. The median household income is $64,007 (10% lower than the Ohio median), the median home value is $180,300, the median rent is $852/month.
Richwood at a glance
- Population
- 2,332
- Median age
- 34.8State: 39.7
- Median household income
- $64,007State: $71,389
- Median home value
- $180,300State: $214,800
- Median rent
- $852/moState: $1,034
- Homeowners
- 70.3%
- Bachelor's degree or higher
- 10.3%
- Average commute
- 26 min
Is Richwood a good place to live?
Pros: Home values 16% lower than the state median; a poverty rate of 13.1%.
Cons: Median household income 10% lower than the Ohio median; an average commute of 26 minutes; unemployment of 8%.
The weather is best in May–June and August–September.
Cost of living in Richwood
Housing is the biggest part of the cost of living. In Richwood the median home value is $180,300, 46% lower than the U.S. median. Renters pay a median of $852 per month, which is 34.1% of household income. Homeowners with a mortgage pay $1,390 a month in housing costs.
Richwood median household income
The median household income in Richwood is $64,007 and the income per person is $31,983. 13.1% of residents live below the poverty line (Ohio: 13.3%).
Housing in Richwood: homes for sale and rent
- Housing units
- 995
- Owner-occupied
- 70.3%
- Renter-occupied
- 29.7%
- Vacant
- 7%Includes seasonal homes
- Median year built
- 1953
- Average household size
- 2.52
Richwood demographics
- Population
- 2,332
- Median age
- 34.8
- Under 18
- 28.3%
- 65 and older
- 12.5%
- Households
- 925
- Foreign-born
- 2.4%
- Veterans
- 5.7%Adults 18+
Hispanic or Latino can be of any race. Population history of Richwood ›
Education in Richwood
10.3% of adults 25 and older in Richwood have a bachelor's degree or higher (Ohio: 31.5%), and 0.6% have a graduate or professional degree.
Jobs and commute in Richwood
- Unemployment rate
- 8%State: 4.8%
- Average commute
- 26 minState: 23 min
- Work from home
- 7.7%
- Drive alone
- 80.9%
- Public transit
- 3.4%
- Walk to work
- 0%
- Homes with broadband
- 90.1%
Richwood vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Richwood | 2,332 | $64,007 | $180,300 | $852 |
| Magnetic Springs | 359 | $77,813 | $137,500 | $1,000 |
| Prospect | 1,157 | $70,833 | $164,100 | $1,072 |
| Green Camp | 437 | $56,250 | $123,300 | $775 |
| New Bloomington | 430 | $25,250 | — | $962 |
| Raymond | 415 | $118,950 | $325,800 | — |
| Waldo | 370 | $64,519 | $150,000 | $917 |
| La Rue | 725 | $75,156 | $113,600 | $482 |
| Ostrander | 1,008 | $159,375 | $485,600 | $1,000 |
More for people moving to Richwood
Richwood ZIP code ›Weather and climate ›Living in Richwood: FAQ
What is the median household income in Richwood, OH?
The median household income in Richwood is $64,007, 10% 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 Richwood?
The median home value in Richwood is $180,300, compared with $214,800 in Ohio.
How much is rent in Richwood?
The median gross rent in Richwood is $852 per month, about 34.1% of household income.
Is Richwood, OH a good place to live?
Pluses: home values 16% lower than the state median; a poverty rate of 13.1%. Minuses: median household income 10% lower than the Ohio median; an average commute of 26 minutes; unemployment of 8%.
What is the median age in Richwood?
The median age in Richwood is 34.8 years (Ohio: 39.7).
How long is the commute in Richwood?
The average commute to work in Richwood is 26 minutes; 7.7% of workers work from home.
What is the unemployment rate in Richwood?
The unemployment rate in Richwood is 8% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Richwood?
10.3% of adults in Richwood 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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