City

Richmond, IN

2 ZIP codes  ·  Wayne County  ·  Indiana

👥45,186Population
💰$52,566Median HH Income▼ 31% below avg
🎂40.6Median Age
🏠$121,800Median Home Value▼ 56% below avg
🎓32.5%College Grads▼ 16% below avg
📊6.0%Unemployment▲ 23% above avg
People & Population (ACS 2023 — weighted avg)
♂ Male 48.1% Female 51.9% ♀

Race & Ethnicity

White: 82.2%Hispanic: 4.2%Black: 5.8%Asian: 1.5%Other: 5.9%Race
White82.2%
Hispanic4.2%
Black5.8%
Asian1.5%
Other5.9%

Age Breakdown

Under 5
6%
5–17
16%
18–24
9%
25–44
24%
45–64
24%
65+
9%

Key Indicators

Median Age40.6 yrs
Avg HH Size2.31
Below Poverty19.0% ▲ 90% above avg
College Grads32.5% ▼ 16% below avg
Unemployment6.0% ▲ 23% above avg
No HS Diploma522 (1.9%)
HS Graduate9,611 (34.5%)
Some College4,571 (16.4%)
Associates4,101 (14.7%)
Bachelors2,749 (9.9%)
Graduate Degree6,316 (22.7%)

Education

No HS: 1.9%HS Grad: 34.5%Some College: 16.4%Associates: 14.7%Bachelors: 9.9%Graduate: 22.7%Edu
No HS1.9%
HS Grad34.5%
Some College16.4%
Associates14.7%
Bachelors9.9%
Graduate22.7%
Housing & Income

Housing Tenure

Owner: 64.3%Renter: 35.7%Tenure
Owner64.3%
Renter35.7%

Home Value Distribution

Under $50k
10%
$50k–$100k
25%
$100k–$150k
25%
$150k–$200k
16%
$200k–$300k
14%
$300k–$500k
6%
Over $500k
2%

Financials

Median HH Income$52,566 ▼ 31% below avg
Median Home Value$121,800 ▼ 56% below avg
Home/Income Ratio2.3x (nat avg ~3.5x)
Median Rent$816/mo
Total Housing Units21,553
Vacant Units2,914

Income Distribution

Under $25k
26%
$25k–$50k
20%
$50k–$75k
17%
$75k–$100k
15%
$100k–$150k
13%
$150k–$200k
5%
Over $200k
4%
Employment & Commute

How People Get to Work

Drove Alone
89%
Public Transit
0%
Walked
4%
Work From Home
6%

Commute Time

Under 15 min
52%
15–30 min
30%
30–45 min
9%
Over 45 min
9%
Housing Stock

Year Built

Before 1940
6%
1940s–1950s
21%
1960s–1970s
10%
1980s–1990s
7%
2000+
56%
About Richmond, IN

Richmond is a city in Indiana, located in Wayne County. The city spans 2 ZIP codes and is home to approximately 45,186 residents. It is a middle-aged city, with a median age of 40.6 years.

Economically, Richmond is a working-class community. The median household income of $52,566 is below the national average. Approximately 19.0% of residents live below the poverty line. The unemployment rate is 6.0%, above the national average.

The real estate market in Richmond is one of the more affordable housing markets in the country. Median home values stand at $121,800, which is well below the national average. Renters typically pay around $816 per month. Homeownership is high at 64.3%, typical of suburban and family-oriented communities.

The population of Richmond is moderately educated. 32.5% of adults hold a bachelor's degree or higher — below the national average. The community is primarily White (82.19%).

Richmond, IN offers residents a cost-conscious lifestyle within Indiana. Spread across 2 ZIP codes, the city's neighborhoods vary in character, density, and demographics — explore each ZIP code below for a detailed breakdown.

ZIP Codes in Richmond
ZIPPopulationMedian IncomeMedian HomeMedian RentUnemp.CollegeOwner Occ.
47374 45,186 $52,566 $121,800 $816 6.0% 32.5% 64.3%

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