Living in Richfield, Utah
Cost of living, income, home prices, rent and demographics of Richfield · Census data 2020–2024
Richfield has 8,224 residents with a median age of 31.9. The median household income is $74,756 (21% lower than the Utah median), the median home value is $332,500, the median rent is $915/month.
Richfield at a glance
- Population
- 8,224
- Median age
- 31.9State: 32
- Median household income
- $74,756State: $95,166
- Median home value
- $332,500State: $489,400
- Median rent
- $915/moState: $1,496
- Homeowners
- 65%
- Bachelor's degree or higher
- 23.1%
- Average commute
- 13 min
Is Richfield a good place to live?
Pros: Home values 32% lower than the state median; an average commute of 13 minutes.
Cons: Median household income 21% lower than the Utah median; unemployment of 3.7%; a poverty rate of 12.5%.
The weather is best in May–June 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 $332,500, about the same as the U.S. median. Renters pay a median of $915 per month, which is 24.3% of household income. Homeowners with a mortgage pay $1,407 a month in housing costs.
Richfield median household income
The median household income in Richfield is $74,756 and the income per person is $28,620. 12.5% of residents live below the poverty line (Utah: 8.5%).
Housing in Richfield: homes for sale and rent
- Housing units
- 3,062
- Owner-occupied
- 65%
- Renter-occupied
- 35%
- Vacant
- 12.9%Includes seasonal homes
- Median year built
- 1972
- Average household size
- 2.98
Richfield demographics
- Population
- 8,224
- Median age
- 31.9
- Under 18
- 30.3%
- 65 and older
- 14.2%
- Households
- 2,667
- Foreign-born
- 1%
- Veterans
- 5.6%Adults 18+
Hispanic or Latino can be of any race. Population history of Richfield ›
Education in Richfield
23.1% of adults 25 and older in Richfield have a bachelor's degree or higher (Utah: 37.7%), and 8.5% have a graduate or professional degree.
Jobs and commute in Richfield
- Unemployment rate
- 3.7%State: 3.6%
- Average commute
- 13 minState: 22 min
- Work from home
- 9.9%
- Drive alone
- 72.2%
- Public transit
- 0.2%
- Walk to work
- 2.5%
- Homes with broadband
- 92.7%
Richfield vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Richfield | 8,224 | $74,756 | $332,500 | $915 |
| Annabella | 701 | $82,500 | $355,700 | — |
| Central Valley | 767 | $93,333 | $347,800 | — |
| Glenwood | 673 | $83,875 | $321,000 | $675 |
| Elsinore | 750 | $70,500 | $244,100 | $671 |
| Monroe | 2,616 | $66,172 | $318,300 | $1,044 |
| Sigurd | 444 | $80,357 | $270,300 | — |
| Joseph | 559 | $89,375 | $242,500 | $867 |
| Aurora | 949 | $91,250 | $297,200 | $888 |
More for people moving to Richfield
Richfield ZIP code ›Weather and climate ›Living in Richfield: FAQ
What is the median household income in Richfield, UT?
The median household income in Richfield is $74,756, 21% lower than the Utah median of $95,166 (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 $332,500, compared with $489,400 in Utah.
How much is rent in Richfield?
The median gross rent in Richfield is $915 per month, about 24.3% of household income.
Is Richfield, UT a good place to live?
Pluses: home values 32% lower than the state median; an average commute of 13 minutes. Minuses: median household income 21% lower than the Utah median; unemployment of 3.7%; a poverty rate of 12.5%.
What is the median age in Richfield?
The median age in Richfield is 31.9 years (Utah: 32).
How long is the commute in Richfield?
The average commute to work in Richfield is 13 minutes; 9.9% of workers work from home.
What is the unemployment rate in Richfield?
The unemployment rate in Richfield is 3.7% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Richfield?
23.1% 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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