Living in Richmond, Utah
Cost of living, income, home prices, rent and demographics of Richmond · Census data 2020–2024
Richmond has 3,000 residents with a median age of 35.4. The median household income is $110,428 (16% higher than the Utah median), the median home value is $395,200, the median rent is $1,063/month.
Richmond at a glance
- Population
- 3,000
- Median age
- 35.4State: 32
- Median household income
- $110,428State: $95,166
- Median home value
- $395,200State: $489,400
- Median rent
- $1,063/moState: $1,496
- Homeowners
- 88.4%
- Bachelor's degree or higher
- 33.3%
- Average commute
- 22 min
Is Richmond a good place to live?
Pros: Median household income 16% higher than the Utah median; home values 19% lower than the state median; an average commute of 22 minutes; unemployment of 0.8%; a poverty rate of 1%.
The weather is best in June to September.
Cost of living in Richmond
Housing is the biggest part of the cost of living. In Richmond the median home value is $395,200, 19% higher than the U.S. median. Renters pay a median of $1,063 per month, which is 16.5% of household income. Homeowners with a mortgage pay $1,646 a month in housing costs.
Richmond median household income
The median household income in Richmond is $110,428 and the income per person is $43,450. 1% of residents live below the poverty line (Utah: 8.5%).
Housing in Richmond: homes for sale and rent
- Housing units
- 967
- Owner-occupied
- 88.4%
- Renter-occupied
- 11.6%
- Vacant
- 5.2%Includes seasonal homes
- Median year built
- 1982
- Average household size
- 3.27
Richmond demographics
- Population
- 3,000
- Median age
- 35.4
- Under 18
- 35.7%
- 65 and older
- 11.6%
- Households
- 917
- Foreign-born
- 1.9%
- Veterans
- 3.4%Adults 18+
Hispanic or Latino can be of any race. Population history of Richmond ›
Education in Richmond
33.3% of adults 25 and older in Richmond have a bachelor's degree or higher (Utah: 37.7%), and 11.3% have a graduate or professional degree.
Jobs and commute in Richmond
- Unemployment rate
- 0.8%State: 3.6%
- Average commute
- 22 minState: 22 min
- Work from home
- 6.9%
- Drive alone
- 75.9%
- Public transit
- 0.8%
- Walk to work
- 1.6%
- Homes with broadband
- 94.9%
Richmond vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Richmond | 3,000 | $110,428 | $395,200 | $1,063 |
| Lewiston | 2,408 | $98,583 | $390,500 | $921 |
| Franklin | 1,034 | $81,830 | $370,200 | $1,282 |
| Smithfield | 14,408 | $97,537 | $450,200 | $1,311 |
| Amalga | 511 | $97,679 | $431,300 | $2,120 |
| Trenton | 526 | $95,313 | $358,300 | — |
| Hyde Park | 5,540 | $113,102 | $573,900 | $1,273 |
| Cornish | 236 | $97,500 | $296,100 | $1,063 |
| North Logan | 11,460 | $89,891 | $492,600 | $1,658 |
More for people moving to Richmond
Richmond ZIP code ›Weather and climate ›Living in Richmond: FAQ
What is the median household income in Richmond, UT?
The median household income in Richmond is $110,428, 16% higher 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 Richmond?
The median home value in Richmond is $395,200, compared with $489,400 in Utah.
How much is rent in Richmond?
The median gross rent in Richmond is $1,063 per month, about 16.5% of household income.
Is Richmond, UT a good place to live?
Pluses: median household income 16% higher than the Utah median; home values 19% lower than the state median; an average commute of 22 minutes; unemployment of 0.8%; a poverty rate of 1%.
What is the median age in Richmond?
The median age in Richmond is 35.4 years (Utah: 32).
How long is the commute in Richmond?
The average commute to work in Richmond is 22 minutes; 6.9% of workers work from home.
What is the unemployment rate in Richmond?
The unemployment rate in Richmond is 0.8% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Richmond?
33.3% of adults in Richmond 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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