Richmond, MI

Census Place

2024 Population

5,855

US Senator

Gary Peters

Democratic Party

US Senator

Elissa Slotkin

Democratic Party

2024 Median Age

39.7

3.66% 1-year increase

2024 Poverty Rate

13.5%

42.4% 1-year decrease

2024 Median Household Income

$64,719

4.87% 1-year growth

2024 Median Property Value

$237,700

Population & Diversity

Richmond, MI is home to a population of 5.86k people, from which 98.2% are citizens.

As of 2024, 6.03% of Richmond, MI residents were born outside of the country (353 people).

In 2024, there were 20.7 times more White (Non-Hispanic) residents (5.11k people) in Richmond, MI than any other race or ethnicity. There were 247 Other (Hispanic) and 173 Two Races Excluding Other, & Three or More Races (Non-Hispanic) residents, the second and third most common ethnic groups.

Population & Diversity

Citizenship

98.2%

2024 Citizenship

90%

2023 Citizenship

As of 2024, 98.2% of Richmond, MI residents were US citizens, which is higher than the national average of 93.2%. In 2023, the percentage of US citizens in Richmond, MI was 90%, meaning that the rate of citizenship has been increasing.

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

Diversity

Race and Ethnicity

The 3 largest ethnic groups in Richmond, MI

White (Non-Hispanic)
5.11k ± 317
Other (Hispanic)
247 ± 236
Two Races Excluding Other, & Three or More Races (Non-Hispanic)
173 ± 146

5.16%

Hispanic Population

302 people

5.16% of the people in Richmond, MI are hispanic (302 people).

The following chart shows the 8 races represented in Richmond, MI 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 Michigan.

Most Common Origin

Mexico
83,098 ± 7,048 people
India
80,532 ± 6,939 people
Iraq
55,181 ± 5,751 people

In 2024, the most common birthplace for the foreign-born residents of Michigan was Mexico, the natal country of 83,098 Michigan residents, followed by India with 80,532 and Iraq with 55,181.

Foreign-Born Population

6.03%

2024 Foreign-Born Population

353 people

12.6%

2023 Foreign-Born Population

736 people

As of 2024, 6.03% of Richmond, MI residents (353 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, MI was 12.6%, meaning that the rate has been decreasing.

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

Military

Veterans

Most Common Service Period

Gulf War (2001-)
104 ± 90
Gulf War (1990s)
98 ± 72
Vietnam
53 ± 50

Richmond, MI has a large population of military personnel who served in Gulf War (2001-), 1.06 times greater than any other conflict.

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

Economy

The economy of Richmond, MI employs 2.51k people. In 2024, the largest industries in Richmond, MI were Manufacturing (396 people), Other Services, Except Public Administration (298 people), and Retail Trade (271 people), and the highest paying industries were Public Administration ($81,250), Manufacturing ($78,571), and Professional, Scientific, & Technical Services ($76,333).

Employment

Occupations

2.51k

2024 Value

± 503

−2.18%

1 Year decline

± 29%

From 2023 to 2024, employment in Richmond, MI declined at a rate of −2.18%, from 2.57k employees to 2.51k employees.

The most common job groups, by number of people living in Richmond, MI, are Office & Administrative Support Occupations (371 people), Management Occupations (302 people), and Personal Care & Service Occupations (279 people). This chart illustrates the share breakdown of the primary jobs held by residents of Richmond, MI.

Unemployment Insurance Claims

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

This chart shows weekly unemployment insurance claims in Michigan (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

2.51k

2024 Value

± 503

−2.18%

1 Year decline

± 29%

From 2023 to 2024, employment in Richmond, MI declined at a rate of −2.18%, from 2.57k employees to 2.51k employees.

The most common employment sectors for those who live in Richmond, MI, are Manufacturing (396 people), Other Services, Except Public Administration (298 people), and Retail Trade (271 people). This chart shows the share breakdown of the primary industries for residents of Richmond, MI, though some of these residents may live in Richmond, MI and work somewhere else. Census data is tagged to a residential address, not a work address.

Median Earnings by Industry

$76,110

Median earning men ± $6,139

$33,318

Median earning women ± $5,209

The industries with the best median earnings for men in 2024 are Public Administration ($86,806), Manufacturing ($79,675), and Construction ($76,198).

The industries with the best median earnings for women in 2024 are Public Administration ($80,294), Transportation & Warehousing, & Utilities ($50,333), and Finance & Insurance, & Real Estate & Rental & Leasing ($45,972).

Housing & Living

The median property value in Richmond, MI was $237,700 in 2024, which is 0.714 times smaller than the national average of $332,700. Between 2023 and 2024 the median property value increased from $228,000 to $237,700, a 4.25% increase. The homeownership rate in Richmond, MI is 76.6%, which is higher than the national average of 65.2%.

People in Richmond, MI have an average commute time of 25.9 minutes, and they drove alone to work. Car ownership in Richmond, MI is approximately the same as the national average, with an average of 2 cars per household.

Housing

Property

$237,700

Median Property Value 2024

±$19,155

$1,881

Median Property Taxes

±$373

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, MI the largest share of households pay taxes in the $3k+ range.

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

Rent vs Own

76.6%

Homeownership

2024

65.5%

Homeowners with Mortgage

2024

In 2024, 76.6% of the housing units in Richmond, MI were occupied by their owner. This percentage grew from the previous year's rate of 75.3%.

This chart shows the percentage of owner in Richmond, MI 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.

$64,719

Median Household Income

± $11,850

2.46k

Number of Households

± 479

In 2024, the median household income of the 2.46k households in Richmond, MI grew to $64,719 from the previous year's value of $61,715.

The following chart displays the households in Richmond, MI 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 $60k - $75k range.

Wage Distribution

The closest comparable wage GINI for Richmond, MI is from Michigan.

0.46

2024 Wage GINI in Michigan

0.462

2023 Wage GINI in Michigan

In 2024, the income inequality in Michigan was 0.46 according to the GINI calculation of the wage distribution. Income inequality had a 0.474% decline from 2023 to 2024, which means that wage distribution grew somewhat more even. The GINI for Michigan was lower than than the national average of 0.474. In other words, wages are distributed more evenly in Michigan in comparison to the national average.

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

Transportation

Commuter Transportation

Most Common Commute in 2024

Drove Alone (81.5%)
Carpooled (8.5%)
Worked At Home (6.27%)

In 2024, 81.5% of workers in Richmond, MI drove alone to work, followed by those who carpooled to work (8.5%) and those who worked at home (6.27%).

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

25.9 minutes

Average Travel Time

Using averages, employees in Richmond, MI have a shorter commute time (25.9 minutes) than the normal US worker (26.4 minutes). Additionally, 0% of the workforce in Richmond, MI have "super commutes" in excess of 90 minutes.

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

Car Ownership

2 cars

Average Number

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

Poverty

Poverty & Diversity

13.5% of the population for whom poverty status is determined in Richmond, MI (768 out of 5.7k 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 55 - 64, followed by Males 25 - 34 and then Females 18 - 24.

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

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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