Richmond, IN

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Population

66,972

0.669% decline

Median Age

41.1


Median Household Income

$41,813

5.35% growth

Poverty Rate

18.2%


Number of Employees

29,078

1.44% growth

Median Property Value

$96,500

2.33% growth

About

Economy

Health

Diversity

Education

Housing & Living

About

In 2017, Richmond, IN had a population of 67k people with a median age of 41.1 and a median household income of $41,813. Between 2016 and 2017 the population of Richmond, IN declined from 67,423 to 66,972, a -0.669% decrease and its median household income grew from $39,691 to $41,813, a 5.35% increase.

The population of Richmond, IN is 88.5% White Alone, 5.03% Black or African American Alone, and 2.83% Hispanic or Latino. 4.73% of the people in Richmond, IN speak a non-English language, and 98.8% are U.S. citizens.

The largest universities in Richmond, IN are Indiana University-East (829 degrees awarded in 2016), Earlham College (257 degrees), and Bethany Theological Seminary (14 degrees).

The median property value in Richmond, IN is $96,500, and the homeownership rate is 67.4%. Most people in Richmond, IN commute by Drove Alone, and the average commute time is 18.9 minutes. The average car ownership in Richmond, IN is 2 cars per household.

Photo by David Cornwell

United StatesIndiana

Economy

The economy of Richmond, IN employs 29.1k people. The largest industries in Richmond, IN are Manufacturing (5,603 people), Health Care & Social Assistance (5,178 people), and Retail Trade (3,368 people), and the highest paying industries are Utilities ($63,054), Transportation & Warehousing, & Utilities ($50,048), and Transportation & Warehousing ($44,755).

Median household income in Richmond, IN is $41,813. Males in Richmond, IN have an average income that is 1.39 times higher than the average income of females, which is $42,677. The income inequality in Richmond, IN (measured using the Gini index) is 0.456, which is lower than than the national average.

Wages

Median Household Income

$41,813

2017 value

± $1,479

5.35%

1 Year Growth

± 4.77%

Households in Richmond, IN have a median annual income of $41,813, which is less than the median annual income of $60,336 across the entire United States. This is in comparison to a median income of $39,691 in 2016, which represents a 5.35% annual growth.

Look at the chart to see how the median household income in Richmond, IN compares to that of it's neighboring and parent geographies.

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Wage by Gender in Common Jobs

The PUMS dataset is not available at the MSA level, so we are showing data for Indiana.

$59,508

Average Male Salary

± $1,197

$42,677

Average Female Salary

± $917

In 2017, full-time male employees in Richmond, IN made 1.39 times more than female employees.

This chart shows the gender-based wage disparity in the 5 most common occupations in Richmond, IN by number of full-time employees.

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Wage by Race and Ethnicity in Common Jobs

The PUMS dataset is not available at the MSA level, so we are showing data for Indiana.

Highest Average Salaries by Race & Ethnicity

  1. Asian

    $60,595 ± $7,828

  2. White

    $45,279 ± $744

  3. Native Hawaiian and Other Pacific Islander

    $41,920 ± $17,388

In 2017 the highest paid race/ethnicity of Richmond, IN workers was Asian. These workers were paid 1.34 times more than White workers, who made the second highest salary of any race/ethnicity.

This chart shows the race- and ethnicity-based wage disparities in the 5 most common occupations in Richmond, IN by number of full-time employees.

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Wage Distribution

The closest comparable wage GINI for Richmond, IN is from Indiana.

0.456

2017 Wage GINI

0.457

2016 Wage GINI

In 2017, the income inequality in Indiana was 0.456 according to the GINI calculation of the wage distribution. Income inequality had a 0.0682% decline from 2016 to 2017, which means that wage distribution grew somewhat more even.

The 2017 the GINI for Indiana was lower than than the national average of 0.479. In other words, wages are distributed more evenly in Indiana in comparison to the national average.

This chart shows the number of workers in Indiana across various wage buckets compared to the national average.

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Income by Location

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Highest Median Household Income (Total)

  1. Hamilton County, IN

  2. Boone County, IN

  3. Hendricks County, IN

In 2017, the county with the highest Median Household Income (Total) in Richmond, IN was Hamilton County, IN with a value of $93,604, followed by Boone County, IN and Hendricks County, IN, with respective values of $81,785 and $70,991.

The following map shows all of the counties in Richmond, IN colored by their Median Household Income (Total).

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Poverty by Age and Gender

Females 25 - 34

Largest Demographic Living in Poverty

18.2% of the population for whom poverty status is determined in Richmond, IN (11.7k out of 64.3k people) live below the poverty line, a number that is higher than the national average of 13.4%. The largest demographic living in poverty are Females 25 - 34, followed by Females 35 - 44 and then Females 18 - 24.

The Census Bureau uses a set of money income thresholds that vary by family size and composition to determine who classifies as impoverished. If a family's total income is less than the family's threshold than that family and every individual in it is considered to be living in poverty.

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Poverty by Race and Ethnicity

Largest Race or Ethnicity Living in Poverty

  1. White

    10,009 ± 623

  2. Black

    970 ± 256

  3. Hispanic

    584 ± 189

The most common racial or ethnic group living below the poverty line in Richmond, IN is White, followed by Black and Hispanic.

The Census Bureau uses a set of money income thresholds that vary by family size and composition to determine who classifies as impoverished. If a family's total income is less than the family's threshold than that family and every individual in it is considered to be living in poverty.

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Occupations

Employment by Occupations

29.1k

2017 Value

± 1,010

1.44%

1 Year growth

± 4.81%

From 2016 to 2017, employment in Richmond, IN grew at a rate of 1.44%, from 28.7k employees to 29.1k employees.

The most common job groups, by number of people living in Richmond, IN, are Office & Administrative Support Occupations (3,910 people), Production Occupations (3,572 people), and Management Occupations (2,555 people). This chart illustrates the share breakdown of the primary jobs held by residents of Richmond, IN.

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Most Common

The most common jobs held by residents of Richmond, IN, by number of employees, are Office & Administrative Support Occupations (3,910 people), Production Occupations (3,572 people), and Management Occupations (2,555 people).

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Most Specialized

Compared to other msas, Richmond, IN has an unusually high number of residents working as Production Occupations (2.12 times higher than expected), Material Moving Occupations (1.82 times), and Healthcare Support Occupations (1.53 times).

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Highest Paid

The highest paid jobs held by residents of Richmond, IN, by median earnings, are Health Diagnosing & Treating Practitioners & Other Technical Occupations ($57,225), Legal Occupations ($56,635), and Architecture & Engineering Occupations ($52,656).

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Industries

Employment by Industries

29.1k

2017 Value

± 1,010

1.44%

1 Year growth

± 4.81%

From 2016 to 2017, employment in Richmond, IN grew at a rate of 1.44%, from 28.7k employees to 29.1k employees.

The most common employment sectors for those who live in Richmond, IN, are Manufacturing (5,603 people), Health Care & Social Assistance (5,178 people), and Retail Trade (3,368 people). This chart shows the share breakdown of the primary industries for residents of Richmond, IN, though some of these residents may live in Richmond, IN and work somewhere else. Census data is tagged to a residential address, not a work address.

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Most Common

The most common industries in Richmond, IN, by number of employees, are Manufacturing (5,603 people), Health Care & Social Assistance (5,178 people), and Retail Trade (3,368 people).

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Most Specialized

Compared to other msas, Richmond, IN has an unusually high number of Manufacturing (1.9 times higher than expected), Agriculture, Forestry, Fishing & Hunting (1.3 times), and Health Care & Social Assistance (1.29 times) industries.

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Highest Paying

The highest paying industries in Richmond, IN, by median earnings, are Utilities ($63,054), Transportation & Warehousing, & Utilities ($50,048), and Transportation & Warehousing ($44,755).

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Domestic Trade

Domestic Production & Consumption

Domestic production and consumption consists of products and services shipped from Indiana to other states, or from other states to Indiana.

Top Domestic Production in Dollars

  1. Motorized vehicles

    $69.1B

  2. Base metals

    $42.9B

  3. Mixed freight

    $39.9B

In 2015, the top outbound Indiana product (by dollars) was Motorized vehicles with $69.1B, followed by Base metals with $42.9B and Mixed freight and $39.9B.

The following chart shows the share of these products in relation to all outbound Indiana products.

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Domestic Trade Growth

Showing data for Indiana state.

$446B

2015 Value

$698B

Projected 2045 Value

56.6% growth

In 2015, total outbound Indiana trade was $446B. This is expected to increase 56.6% to $698B by 2045.

The following chart shows how the domestic outbound Indiana trade is projected to change in comparison to its neighboring states.

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Interstate Trade

Interstate trade consists of products and services shipped from Indiana to other states, or from other states to Indiana.

Most Common Trade Partners

  1. Ohio

    $39.9B

  2. Michigan

    $32.7B

  3. Illinois

    $31.7B

In 2015, the top outbound Indiana domestic partner for goods and services (by dollars) was Ohio with $39.9B, followed by Michigan with $32.7B and Illinois and $31.7B.

The following map shows the amount of trade that Indiana shares with each state (excluding itself).

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Health

87% of the population of Richmond, IN has health coverage, with 43% on employee plans, 17.3% on Medicaid, 15.1% on Medicare, 9.85% on non-group plans, and 1.8% on military or VA plans.

Per capita personal health care spending in the msa of Richmond, IN was $8,300 in 2014. This is a 4.76% increase from the previous year ($7,923).

Primary care physicians in Richmond, IN see 1505 patients per year on average, which represents a 1.07% increase from the previous year (1489 patients). Compare this to dentists who see 1852 patients per year, and mental health providers who see 701 patients per year.

Comparing across all counties in the state, Jay County has the highest prevalence of diabetes (15.4%). Additionally, Grant County has the highest prevalence of adult obesity (39.1%)

Patient to Clinician Ratios

Data is only available at the state level. Showing data for Indiana.

1,505 to 1

Patient to Primary Care Physician Ratio

Primary care physicians in Indiana see an average of 1,505 patients per year. This represents a 1.07% increase from the previous year (1,489 patients).

The following chart shows how the number of patients seen by primary care physicians has been changing over time in Indiana in comparison to neighboring states.

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Behavioral Health Conditions

Data only available at the state level.

State with the Highest Prevalence

  1. West Virginia

    8.26% of the population affected

  2. Arkansas

    8.13% of the population affected

  3. New Hampshire

    7.98% of the population affected

In 2016, West Virginia had the highest prevalence of adults with major depressive episode, with 8.26% of the population affected. The second highest is Arkansas (8.13%), followed by New Hampshire (7.98%).

The following map shows the percent of individuals with major depressive episode by state over multiple years.

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Access and Quality

Data only available at state level.

Most prevalent states

  1. Mississippi

    19.2% of adults

  2. Texas

    17.9% of adults

  3. Louisiana

    17.6% of adults

In 2016, Mississippi had the highest prevalence of adults who haven't seen a doctor in the past 12 months due to cost, at 19.2%. It is followed by Texas (17.9%) and Louisiana (17.6%).

The following map shows the prevalence of adults who haven't seen a doctor in the past 12 months due to cost by state over multiple years.

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Health Care Spending

Data is only available at the state level. Showing data for Indiana.

$8,300

Total Per Capita Spending on Personal Health Care 

$4,078

Per Enrollee Private Health Insurance Spending on Personal Health Care

$8,285

Per Enrollee Medicaid Spending on Personal Health Care

$10,714

Per Enrollee Medicare Spending on Personal Health Care

Between 2013 and 2014, all personal health care spending per capita in Indiana (including private, Medicare, and Medicaid) grew 4.76%, from $7,923 to $8,300.

The following chart shows how this spending changed over time in comparison to Medicaid, Medicare, and private insurance spending, per enrollee.

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Health Care Coverage

13%

Uninsured

43%

Employer Coverage

17.3%

Medicaid

15.1%

Medicare

9.85%

Non-Group

1.8%

Military or VA

Between 2016 and 2017, the percent of uninsured citizens in Richmond, IN declined by 13% from 14.9% to 13%.

The following chart shows how the percent of uninsured individuals in Richmond, IN changed over time compared with the percent of individuals enrolled in various types of health insurance.

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Health Risks

Data available at the county level.

Most at risk counties

  1. Jay County

    15.4% prevalence

  2. Martin County

    15.1% prevalence

  3. Rush County

    15% prevalence

Jay County has the highest prevalence of diabetes in Indiana, at 15.4%.

The following map shows the prevalence of diabetes in Indiana by county over multiple years.

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Diversity

Richmond, IN is home to a population of 67k people, from which 98.8% are citizens. As of 2017, 2.04% of Richmond, IN residents were born outside of the country.

The ethnic composition of the population of Richmond, IN is composed of 59.3k White Alone residents (88.5%), 3.37k Black or African American Alone residents (5.03%), 1.89k Hispanic or Latino residents (2.83%), 1.63k Two or More Races residents (2.43%), 664 Asian Alone residents (0.991%), 102 American Indian & Alaska Native Alone residents (0.152%), 46 Some Other Race Alone residents (0.0687%), and 0 Native Hawaiian & Other Pacific Islander Alone residents (0%).

The most common foreign languages spoken in Richmond, IN are Spanish or Spanish Creole (1,462 speakers), Other West Germanic Languages (439 speakers), and German (313 speakers).

Age

Age by Nativity

41

Median Native-Born Age

± 0.4

36

Median Foreign-Born Age

± 8.3

In 2017, the median age of all people in Richmond, IN was 41.1. Native-born citizens, with a median age of 41, were generally older than than foreign-born citizens, with a median age of 36. But people in Richmond, IN are getting getting older. In 2016, the average age of all Richmond, IN residents was 41.

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Heritage

Foreign-Born Population

2.04%

2017 Foreign-Born Population

2.23%

2016 Foreign-Born Population

As of 2017, 2.04% of Richmond, IN residents were born outside of the United States, which is lower than the national average of 13.7%. In 2016, the percentage of foreign-born citizens in Richmond, IN was 2.23%, meaning that the rate has been decreasing.

The following chart shows the percentage of foreign-born residents in Richmond, IN compared to that of it's neighboring and parent geographies.

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Global Diversity

Most Common Origin

  1. Mexico

    106,451 ± 7,946 people

  2. India

    28,953 ± 4,168 people

  3. China

    22,599 ± 3,684 people

In 2017, the most common birthplace for the foreign-born residents of Richmond, IN was Mexico, the natal country of 106,451 Richmond, IN residents, followed by India with 28,953 and China with 22,599.

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Citizenship

98.8%

2017 Citizenship

98.6%

2016 Citizenship

As of 2017, 98.8% of Richmond, IN residents were US citizens, which is higher than the national average of 93.1%. In 2016, the percentage of US citizens in Richmond, IN was 98.6%, meaning that the rate of citizenship has been increasing.

The following chart shows US citizenship percentages in Richmond, IN compared to that of it's neighboring and parent geographies.

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Race and Ethnicity

Most Common

  1. White Alone

    59.3k ± 39

  2. Black or African American Alone

    3.37k ± 306

  3. Hispanic or Latino

    1.89k ± 356

In 2017, there were 17.6 times more White Alone residents (59.3k people) in Richmond, IN than any other race or ethnicity. There were 3.37k Black or African American Alone and 1.89k Hispanic or Latino residents, the second and third most common racial or ethnic groups.

The following bar chart shows the 8 races and ethnicities represented in Richmond, IN as a share of the total population.

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Non-English Speakers

Most Common Languages

  1. Spanish or Spanish Creole

    1,462 speakers (2.29%)

  2. Other West Germanic Languages

    439 speakers (0.688%)

  3. German

    313 speakers (0.491%)

4.73% of Richmond, IN citizens are speakers of a non-English language, which is lower than the national average of 21.5%. In 2015, the most common non-English language spoken in Richmond, IN was Spanish or Spanish Creole. 2.29% of the overall population of Richmond, IN are native Spanish or Spanish Creole speakers. 0.688% speak Other West Germanic Languages and 0.491% speak Spanish or Spanish Creole, the next two most common languages.

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Military

Veterans

Most Common Service Period

  1. Vietnam

    1,865 ± 214

  2. Gulf War (1990s)

    730 ± 178

  3. Korea

    392 ± 101

Richmond, IN has a large population of military personnel who served in Vietnam, 2.55 times greater than any other conflict.

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Education

In 2016, universities in Richmond, IN awarded 1,107 degrees. The student population of Richmond, IN is skewed towards women, with 2,101 male students and 3,558 female students.

Most students graduating from Universities in Richmond, IN are White (924 and 86.8%), followed by Black or African American (50 and 4.7%), Hispanic or Latino (36 and 3.38%), and Unknown (25 and 2.35%).

The largest universities in Richmond, IN by number of degrees awarded are Indiana University-East (829 and 74.9%), Earlham College (257 and 23.2%), and Bethany Theological Seminary (14 and 1.26%).

The most popular majors in Richmond, IN are General Business (195 and 17.6%), Registered Nursing (142 and 12.8%), and General Psychology (98 and 8.85%).

The median tuition costs in Richmond, IN are $44,370 for private four year colleges, and $6,478 and $18,088 respectively, for public four year colleges for in-state students and out-of-state students.

Concentrations

Most Common

  1. Registered Nursing

    137 degrees awarded

  2. General Psychology

    98 degrees awarded

  3. General Business

    195 degrees awarded

In 2015, the most common concentation for Bachelors Degree recipients in Richmond, IN was Registered Nursing with 137 degrees awarded.

This visualization illustrates the percentage of students graduating with a Bachelors Degree from schools in Richmond, IN according to their major.

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Universities

Largest Universities by degrees awarded

  1. Indiana University-East

    829 degrees awarded

  2. Earlham College

    257 degrees awarded

  3. Bethany Theological Seminary

    14 degrees awarded

$6,478

Median In-State Public

$44,370

Median Private

In 2016, the Richmond, IN institution with the largest number of graduating students was Indiana University-East with 829 degrees awarded.

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Student Gender for Common Institutions

361

Degrees Awarded to Men

746

Degrees Awarded to Women

In 2016, 361 men were awarded degrees from institutions in Richmond, IN, which is 0.484 times less than the 746 female students who received degrees in the same year.

This chart displays the gender disparity between the institutions in Richmond, IN by degrees awarded.

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Student Race and Ethnicity

Most Common Student Race or Ethnicity

  1. White

    924 degrees awarded

  2. Black or African American

    50 degrees awarded

  3. Hispanic or Latino

    36 degrees awarded

In 2016 the majority of degrees awarded at institutions in Richmond, IN were to White students. These 924 degrees mean that there were 18.5 times more White students then the next closest race/ethnicity group, Black or African American, with 50 degrees awarded.

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Housing & Living

The median property value in Richmond, IN was $96,500 in 2017, which is 0.443 times smaller than the national average of $217,600. Between 2016 and 2017 the median property value increased from $94,300 to $96,500, a 2.33% increase. The homeownership rate in Richmond, IN is 67.4%, which is higher than the national average of 63.9%. People in Richmond, IN have an average commute time of 18.9 minutes, and they commute by Drove Alone. Car ownership in Richmond, IN is approximately the same as the national average, with an average of 2 cars per household.

Income

Household Income

Please note that the buckets used in this visualization were not evenly distributed by ACS when publishing the data.

$41,813

Median Household Income

± $1,479

26.4k

Number of Households

± 947

In 2017, the median household income of the 26.4k households in Richmond, IN grew to $41,813 from the previous year's value of $39,691.

The following chart displays the households in Richmond, IN distributed between a series of income buckets compared to the national averages for each bucket. The largest share of households have an income in the $75k - $100k range.

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Housing

Property Value

$96,500

2017 Median

± $2,773

$94,300

2016 Median

± $1,913

In 2017, the median property value in Richmond, IN grew to to $96,500 from the previous year's value of $94,300.

The following charts display, first, the property values in Richmond, IN compared to it's parent and neighbor geographies and, second, owner-occupied housing units distributed between a series of property value buckets compared to the national averages for each bucket. In Richmond, IN the largest share of households have a property value in the $100k - $125k range.

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Property Taxes

< $800

Average Range

This chart shows the households in Richmond, IN distributed between a series of property tax buckets compared to the national averages for each bucket. In Richmond, IN the largest share of households pay taxes in the < $800 range.

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Rent vs Own

67.4%

2017 Homeownership

67.6%

2016 Homeownership

In 2017, 67.4% of the housing units in Richmond, IN were occupied by their owner. This percentage declined from the previous year's rate of 67.6%.

This percentage of owner-occupation is higher than the national average of 63.9%. This chart shows the ownership percentage in Richmond, IN compared it's parent and neighboring geographies.

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Transportation

Car Ownership

2 cars

Average Number

The following chart displays the households in Richmond, IN distributed between a series of car ownership buckets compared to the national averages for each bucket. The largest share of households in Richmond, IN have 2 cars, followed by 3 cars.

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Commute Time

18.9 minutes

Average Travel Time

Using averages, employees in Richmond, IN have a shorter commute time (18.9 minutes) than the normal US worker (25.1 minutes). Additionally, 1.54% of the workforce in Richmond, IN have "super commutes" in excess of 90 minutes.

The chart below shows how the median household income in Richmond, IN compares to that of it's neighboring and parent geographies.

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Commuter Transportation

Most Common Method of Travel

  1. Drove Alone

    83.3%

  2. Carpooled

    7.2%

  3. Worked At Home

    3.6%

In 2017, the most common method of travel for workers in Richmond, IN was Drove Alone, followed by those who Carpooled and those who Worked At Home.

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