Richmond, IN

Census Place

2024 Population

35,581

US Senator

Todd Young

Republican Party

US Senator

Jim Banks

Republican Party

2024 Median Age

38.6

1.31% 1-year increase

2024 Poverty Rate

25.4%

9.43% 1-year increase

2024 Median Household Income

$45,399

2.15% 1-year decline

2024 Median Property Value

$114,400

Population & Diversity

Richmond, IN is home to a population of 35.6k people, from which 97.1% are citizens.

As of 2024, 4.12% of Richmond, IN residents were born outside of the country (1.47k people).

In 2024, there were 11.1 times more White (Non-Hispanic) residents (28k people) in Richmond, IN than any other race or ethnicity. There were 2.53k Two Races Excluding Other, & Three or More Races (Non-Hispanic) and 2.2k Black or African American (Non-Hispanic) residents, the second and third most common ethnic groups.

Population & Diversity

Citizenship

97.1%

2024 Citizenship

96.6%

2023 Citizenship

As of 2024, 97.1% of Richmond, IN residents were US citizens, which is higher than the national average of 93.2%. In 2023, the percentage of US citizens in Richmond, IN was 96.6%, 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.

Diversity

Race and Ethnicity

The 3 largest ethnic groups in Richmond, IN

White (Non-Hispanic)
28k ± 444
Two Races Excluding Other, & Three or More Races (Non-Hispanic)
2.53k ± 370
Black or African American (Non-Hispanic)
2.2k ± 287

5.38%

Hispanic Population

1.91k people

5.38% of the people in Richmond, IN are hispanic (1.91k people).

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

Global Diversity

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

Most Common Origin

Mexico
111,417 ± 8,128 people
India
37,388 ± 4,734 people
Nigeria
18,164 ± 3,304 people

In 2024, the most common birthplace for the foreign-born residents of Indiana was Mexico, the natal country of 111,417 Indiana residents, followed by India with 37,388 and Nigeria with 18,164.

Foreign-Born Population

4.12%

2024 Foreign-Born Population

1.47k people

4.66%

2023 Foreign-Born Population

1.66k people

As of 2024, 4.12% of Richmond, IN residents (1.47k people) were born outside of the United States, which is approximately the same as the national average of 14%. In 2023, the percentage of foreign-born citizens in Richmond, IN was 4.66%, 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.

Military

Veterans

Most Common Service Period

Vietnam
717 ± 221
Gulf War (1990s)
250 ± 105
Gulf War (2001-)
215 ± 112

Richmond, IN has a large population of military personnel who served in Vietnam, 2.87 times greater than any other conflict.

The chart shows the distribution of veterans by conflict in Richmond, IN.

Economy

The economy of Richmond, IN employs 14.7k people. In 2024, the largest industries in Richmond, IN were Health Care & Social Assistance (2,617 people), Manufacturing (2,592 people), and Retail Trade (1,762 people), and the highest paying industries were Public Administration ($90,347), Utilities ($74,118), and Wholesale Trade ($63,654).

Employment

Occupations

14.7k

2024 Value

± 1,006

−2.98%

1 Year decline

± 9.83%

From 2023 to 2024, employment in Richmond, IN declined at a rate of −2.98%, from 15.1k employees to 14.7k employees.

The most common job groups, by number of people living in Richmond, IN, are Production Occupations (1,752 people), Office & Administrative Support Occupations (1,514 people), and Management Occupations (1,230 people). This chart illustrates the share breakdown of the primary jobs held by residents of Richmond, IN.

Unemployment Insurance Claims

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

This chart shows weekly unemployment insurance claims in Indiana (not-seasonally adjusted) compared with the four states with the most similar impact.

The most recent data point uses Advance State Claims data, which can be revised in subsequent weeks.

Industries

Employment by Industries

14.7k

2024 Value

± 1,006

−2.98%

1 Year decline

± 9.83%

From 2023 to 2024, employment in Richmond, IN declined at a rate of −2.98%, from 15.1k employees to 14.7k employees.

The most common employment sectors for those who live in Richmond, IN, are Health Care & Social Assistance (2,617 people), Manufacturing (2,592 people), and Retail Trade (1,762 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.

Median Earnings by Industry

$40,132

Median earning men ± $3,966

$30,587

Median earning women ± $4,323

The industries with the best median earnings for men in 2024 are Public Administration ($90,153), Wholesale Trade ($65,350), and Manufacturing ($51,946).

The industries with the best median earnings for women in 2024 are Public Administration ($105,208), Information ($55,200), and Finance & Insurance, & Real Estate & Rental & Leasing ($49,219).

Education

The student population of Richmond, IN in 2024 is skewed towards women, with 1,471 male students and 2,601 female students.

Most students graduating from Universities in Richmond, IN are White (719 and 78.2%), Hispanic or Latino (58 and 6.31%), Two or More Races (51 and 5.55%), and Black or African American (46 and 5.01%).

The largest universities in Richmond, IN by number of degrees awarded are Indiana University-East (770 and 79.3%), Earlham College (146 and 15%), and PJ's College of Cosmetology-Richmond (35 and 3.6%).

The most popular majors in Richmond, IN are General Business Administration & Management (132 and 13.6%), General Psychology (115 and 11.8%), and General Mathematics (62 and 6.39%).

The median tuition costs are $53,010 for private four year colleges, and $7,717 and $22,104 respectively, for public four year colleges for in-state students and out-of-state students.

Admissions & Enrollments

Applicants, Admissions & Enrolled

University

Measure

In 2024 in Richmond, IN, the percentage of applicants admitted was 70.2%, while the percentage of admitted who enrolled was 21.1%. The number of students enrolled in 2024 was 4,072 (36.1% men and 63.9% women).

The line chart shows the evolution of the percentage of applicants admitted, admitted who enrolled or the number of students enrolled according to the option selected in the upper button.

Enrollments by Gender and Races

Universities

In 2024 there were 4,072 students enrolled in Richmond, IN, 36.1% men and 63.9% women.

By race, the largest number of students enrolled was concentrated in White with 2,884 records, of which 66.5% were women and 33.5% men.

Completions

Concentrations

Most Common

General Business Administration & Management
132 degrees awarded
General Psychology
115 degrees awarded
Registered Nursing
60 degrees awarded

In 2024, the most common concentation for Bachelors Degree recipients in Richmond, IN was General Business Administration & Management with 132 degrees awarded.

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

Universities

Gender

Race

Largest Universities by degrees awarded

Indiana University-East
770 degrees awarded
Earlham College
146 degrees awarded
PJ's College of Cosmetology-Richmond
35 degrees awarded

In 2024, the institution with the largest number of graduating students was Indiana University-East with 770 degrees awarded.

Student Diversity

University

In 2024, 307 men were awarded degrees from institutions in Richmond, IN, which is 0.462 times less than the 664 female students who received degrees in the same year.

In 2024, the most common race/ethnicity group awarded degrees at institutions was White students. These 719 degrees mean that there were 12.4 times more degrees awarded to White students then the next closest race/ethnicity group, Hispanic or Latino, with 58 degrees awarded.

Awarded Degrees over Time

The graph shows the evolution of awarded degrees by degrees. Under the paragraphs, the average number of awarded degrees by university in each degree is shown.

Tuition

Average Net Price by Sector

Universities

Private not-for-profit, 4-year or above ($53,010) is the sector with the highest median state tuition in 2024.

Private not-for-profit, 4-year or above ($920) is the sector with the highest median state fee in 2024.

Private not-for-profit, 4-year or above ($1,000) is the sector with the highest average net price of books and supplies.

The graph shows the average net price by sector and year.

Housing & Living

The median property value in Richmond, IN was $114,400 in 2024, which is 0.344 times smaller than the national average of $332,700. Between 2023 and 2024 the median property value increased from $107,600 to $114,400, a 6.32% increase. The homeownership rate in Richmond, IN is 57.2%, which is lower than the national average of 65.2%.

People in Richmond, IN have an average commute time of 18.6 minutes, and they drove alone to work. Car ownership in Richmond, IN is approximately the same as the national average, with an average of 2 cars per household.

Housing

Property

$114,400

Median Property Value 2024

±$5,111

$8,497

Median Property Taxes

±$667

The following chart display owner-occupied housing units 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.

The chart underneath the paragraph shows the property taxes in Richmond, IN compared to it's parent and neighbor geographies.

Rent vs Own

57.2%

Homeownership

2024

66.7%

Homeowners with Mortgage

2024

In 2024, 57.2% of the housing units in Richmond, IN were occupied by their owner. This percentage declined from the previous year's rate of 57.5%.

This chart shows the percentage of owner in Richmond, IN compared it's parent and neighboring geographies.

Equity

Household Income

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

$45,399

Median Household Income

± $5,559

14.8k

Number of Households

± 989

In 2024, the median household income of the 14.8k households in Richmond, IN declined from $45,399 from the previous year's value of $46,395.

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.

Wage Distribution

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

0.442

2024 Wage GINI in Indiana

0.445

2023 Wage GINI in Indiana

In 2024, the income inequality in Indiana was 0.442 according to the GINI calculation of the wage distribution. Income inequality had a 0.807% decline from 2023 to 2024, which means that wage distribution grew somewhat more even. The GINI for Indiana was lower than than the national average of 0.474. 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.

Transportation

Commuter Transportation

Most Common Commute in 2024

Drove Alone (77.6%)
Carpooled (12.4%)
Walked (4.68%)

In 2024, 77.6% of workers in Richmond, IN drove alone to work, followed by those who carpooled to work (12.4%) and those who walked to work (4.68%).

The following chart shows the number of households using each mode of transportation over time, using a logarithmic scale on the y-axis to help better show variations in the smaller means of commuting.

Commute Time

18.6 minutes

Average Travel Time

Using averages, employees in Richmond, IN have a shorter commute time (18.6 minutes) than the normal US worker (26.4 minutes). Additionally, 2.1% 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.

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.

Poverty

Poverty & Diversity

25.4% of the population for whom poverty status is determined in Richmond, IN (8.58k out of 33.8k people) live below the poverty line, a number that is higher than the national average of 12.5%. The largest demographic living in poverty are Females 25 - 34, followed by Females < 5 and then Females 18 - 24.

The most common racial or ethnic group living below the poverty line in Richmond, IN is White, followed by Two Or More 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.

Social Needs

Data only available at the state level.

Most prevalent states

California
35,798 individuals
New York
5,087 individuals

In 2017, California had the highest estimated number of chronically homeless individuals in the nation, at 35,798, followed by New York (5,087).

The following map shows the estimated number of chronically homeless individuals by state over multiple years.

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