Richmond, IN Micro Area has a population of 67,423 people with a median age of 40.9 and a median household income of $39,691. Between 2015 and 2016 the population of Richmond, IN Micro Area declined from 67,866 to 67,423, a 0.65% decrease and its median household income grew from $38,494 to $39,691, a 3.11% increase.
The population of Richmond, IN Micro Area is 88.6% White, 4.86% Black, and 2.77% Hispanic. 4.41% of the people in Richmond, IN Micro Area speak a non-English language, and 98.6% are U.S. citizens.
The largest universities in Richmond, IN Micro Area are Indiana University-East, with 752 graduates, Earlham College, with 221 graduates, and PJ's College of Cosmetology-Richmond, with 22 graduates.
The median property value in Richmond, IN Micro Area is $94,300, and the homeownership rate is 67.6%. Most people in Richmond, IN Micro Area commute by Drove Alone, and the average commute time is 18.9 minutes. The average car ownership in Richmond, IN Micro Area is 2 cars per household.
Richmond, IN Micro Area is a metropolitan statistical area countaining Wayne County, IN and the census places Richmond, IN; Centerville, IN; and Cambridge City, IN.
The economy of Richmond, IN Micro Area employs 28,665 people. The economy of Richmond, IN Micro Area is specialized in Manufacturing; Agriculture, Forestry, Fishing, Hunting; and Healthcare & Social Assistance, which employ respectively 1.98; 1.5; and 1.28 times more people than what would be expected in a location of this size. The largest industries in Richmond, IN Micro Area are Manufacturing (5,760), Healthcare & Social Assistance (5,077), and Retail trade (3,506), and the highest paying industries are Utilities ($48,558), Transportation & Warehousing ($40,517), and Professional, Scientific, Tech Services ($37,031).
Median household income in Richmond, IN Micro Area is $39,691. Males in Richmond, IN Micro Area have an average income that is 1.45 times higher than the average income of females, which is $34,176. The income inequality of Richmond, IN Micro Area (measured using the Gini index) is 0.442 which is lower than the national average.
Insurance and Medicare coverage combined with state and county level health and safety statistics for Richmond, IN Micro Area. In Indiana the age groups most likely to have health care coverage are 6-17 and 6-17, men and women, respectively. The location has a 1 to 67 primary care clinician to patient ratio and a Medicare reimbursement average per patient per year of $9,780. Lake County, IN has the highest prevalence of homicides of any county in Indiana.
Richmond, IN Micro Area is home to a population of 67,423 people, from which 98.6% are citizens. The ethnic composition of the population of Richmond, IN Micro Area is composed of 59,769 White residents (88.6%), 3,274 Black residents (4.86%), 1,869 Hispanic residents (2.77%), 1,767 Two+ residents (2.62%), and 583 Asian residents (0.86%). The most common foreign languages in Richmond, IN Micro Area are Spanish (1,462 speakers), Other West Germanic (439 speakers), and German (313 speakers), but compared to other places, Richmond, IN Micro Area has a relative high number of Other West Germanic (439 speakers), German (313 speakers), and Hungarian (19 speakers).
In 2015 universities in Richmond, IN Micro Area awarded 1,012 degrees. The student population of Richmond, IN Micro Area is skewed towards females, with 359 male students and 653 female students. Most students in Richmond, IN Micro Area are White (840 and 83%), followed by Black or African American (39 and 3.85%), Hispanic or Latino (32 and 3.16%), and Unknown (18 and 1.78%). The largest universities in Richmond, IN Micro Area by number of graduates are Indiana University-East (752 and 74.3%), Earlham College (221 and 21.8%), and PJ's College of Cosmetology-Richmond (22 and 2.17%). The most popular majors in Richmond, IN Micro Area are General Business (177 and 17.5%), Registered Nursing (146 and 14.4%), and Other Liberal Arts & Sciences, General Studies, & Humanities (74 and 7.31%). The median tuition costs in Richmond, IN Micro Area 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.
The median property value in Richmond, IN Micro Area is $94,300, which is 0.46 times smaller than the national average of $205,000. Between 2015 and 2016 the median property value increased from $92,200 to $94,300, a 2.28% increase. The homeownership rate of Richmond, IN Micro Area is 67.6%, which is higher than the national average of 63.6%. People in Richmond, IN Micro Area have an average commute time of 18.9 minutes, and they commute by Drove Alone. Car ownership in Richmond, IN Micro Area is approximately the same as the national average, with an average of 2 cars per household.