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New Richmond, WI&

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Population
8,687
1.02% growth
Median Age
34.2
Median Household Income
$56,422
5.93% growth
Poverty Rate
8.13%
Number of Employees
4,141
0.12% growth
Median Property Value
$147,800
4.67% growth

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Economy

The economy of New Richmond, WI employs 4,141 people. The economy of New Richmond, WI is specialized in Manufacturing; Utilities; and Arts, Entertainment, Recreation, which employ respectively 2.32; 1.6; and 1.36 times more people than what would be expected in a location of this size. The largest industries in New Richmond, WI are Manufacturing (930), Healthcare & Social Assistance (700), and Retail trade (453), and the highest paying industries are Arts, Entertainment, Recreation ($50,458), Educational Services ($45,625), and Professional, Scientific, Tech Services ($35,278).

Median household income in New Richmond, WI is $56,422. Males in New Richmond, WI have an average income that is 1.3 times higher than the average income of females, which is $45,711. The income inequality of New Richmond, WI (measured using the Gini index) is 0.457 which is lower than the national average.

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Health & Safety

Insurance and Medicare coverage combined with state and county level health and safety statistics for New Richmond, WI. In St. Croix County, WI 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 55 primary care clinician to patient ratio and a Medicare reimbursement average per patient per year of $8,265. Milwaukee County, WI has the highest prevalence of homicides of any county in Wisconsin.

Coverage

Clinician to Patient Rates

The closest comparable data for the census place of New Richmond, WI is from the county of St. Croix County, WI.

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Diversity

New Richmond, WI is home to a population of 8,687 people, from which 98.6% are citizens. The ethnic composition of the population of New Richmond, WI is composed of 8,151 White residents (93.8%), 178 Two+ residents (2.05%), 150 Hispanic residents (1.73%), 96 Native residents (1.11%), and 92 Black residents (1.06%). The most common foreign languages in New Richmond, WI are Spanish (72 speakers), Arabic (23 speakers), and Other Slavic (15 speakers), but compared to other places, New Richmond, WI has a relative high number of Other Slavic (15 speakers), Arabic (23 speakers), and Spanish (72 speakers).

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Education

In 2015 universities in St. Croix & Dunn Counties PUMA, WI awarded 1,950 degrees. The student population of St. Croix & Dunn Counties PUMA, WI is skewed towards females, with 922 male students and 1,028 female students. Most students in St. Croix & Dunn Counties PUMA, WI are White (1,726 and 88.5%), followed by Asian (57 and 2.92%), Hispanic or Latino (34 and 1.74%), and Two or more races (32 and 1.64%). The largest universities in St. Croix & Dunn Counties PUMA, WI by number of graduates are University of Wisconsin-Stout (1,950 and 100%), N/A (N/A and N/A), and N/A (N/A and N/A). The most popular majors in St. Croix & Dunn Counties PUMA, WI are General Business Administration & Management (157 and 8.05%), General Hospitality Management (136 and 6.97%), and Operations Management & Supervision (129 and 6.62%). The median tuition costs in St. Croix & Dunn Counties PUMA, WI are N/A for private four year colleges, and $7,014 and $14,760 respectively, for public four year colleges for in-state students and out-of-state students.

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Housing & Living

The median property value in New Richmond, WI is $147,800, which is 0.72 times smaller than the national average of $205,000. Between 2015 and 2016 the median property value increased from $141,200 to $147,800, a 4.67% increase. The homeownership rate of New Richmond, WI is 58.2%, which is lower than the national average of 63.6%. People in New Richmond, WI have an average commute time of 24.6 minutes, and they commute by Drove Alone. Car ownership in New Richmond, WI is approximately the same as the national average, with an average of 2 cars per household.

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Keep Exploring

United States
nation
Wisconsin
state
St. Croix County
county
Minneapolis-St. Paul-Bloomington, MN-WI Metro Area
metropolitan statistical area
St. Croix & Dunn Counties PUMA
public use microdata area
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