Race & Ethnicity
Age Breakdown
Key Indicators
| Median Age | 39.1 yrs |
|---|---|
| Avg HH Size | 2.56 |
| Below Poverty | 16.9% ▲ 69% above avg |
| College Grads | 37.2% ≈ Avg |
| Unemployment | 10.9% ▲ 122% above avg |
| No HS Diploma | 82 (1.4%) |
| HS Graduate | 1,853 (32%) |
| Some College | 871 (15.1%) |
| Associates | 826 (14.3%) |
| Bachelors | 561 (9.7%) |
| Graduate Degree | 1,591 (27.5%) |
Education
Housing Tenure
Home Value Distribution
Financials
| Median HH Income | $75,763 ≈ Avg |
|---|---|
| Median Home Value | $249,000 ▼ 11% below avg |
| Home/Income Ratio | 3.3x (nat avg ~3.5x) |
| Median Rent | $882/mo |
| Total Housing Units | 3,631 |
| Vacant Units | 104 |
Income Distribution
How People Get to Work
Commute Time
Year Built
Richmond is a city in Michigan, located in Macomb County. The city spans 1 ZIP code and is home to approximately 9,273 residents. It is a middle-aged city, with a median age of 39.1 years.
Economically, Richmond is a middle-income community. The median household income of $75,763 is near the national average. Approximately 16.9% of residents live below the poverty line. The unemployment rate is 10.9%, more than double the national average.
The real estate market in Richmond is an affordable housing market. Median home values stand at $249,000, which is near the national average. Renters typically pay around $882 per month. Homeownership is high at 81.0%, typical of suburban and family-oriented communities.
The population of Richmond is moderately educated. 37.2% of adults hold a bachelor's degree or higher — near the national average. The community is primarily White (84.3%).
Richmond, MI offers residents a cost-conscious lifestyle within Michigan.
| ZIP | Population | Median Income | Median Home | Median Rent | Unemp. | College | Owner Occ. |
|---|---|---|---|---|---|---|---|
| 48062 | 9,273 | $75,763 | $249,000 | $882 | 10.9% | 37.2% | 81.0% |