Race & Ethnicity
Age Breakdown
Key Indicators
| Median Age | 61.3 yrs |
|---|---|
| Avg HH Size | 2.16 |
| Below Poverty | 7.1% ▼ 29% below avg |
| College Grads | 46.2% ▲ 19% above avg |
| Unemployment | 4.0% ▼ 18% below avg |
| No HS Diploma | 6 (0.9%) |
| HS Graduate | 157 (23.9%) |
| Some College | 50 (7.6%) |
| Associates | 140 (21.3%) |
| Bachelors | 119 (18.1%) |
| Graduate Degree | 184 (28%) |
Education
Housing Tenure
Home Value Distribution
Financials
| Median HH Income | $73,523 ≈ Avg |
|---|---|
| Median Home Value | $360,800 ▲ 29% above avg |
| Home/Income Ratio | 4.9x (nat avg ~3.5x) |
| Median Rent | $925/mo |
| Total Housing Units | 965 |
| Vacant Units | 572 |
Income Distribution
How People Get to Work
Commute Time
Year Built
Richville is a city in Minnesota, located in Otter Tail County. The city spans 1 ZIP code and is home to approximately 858 residents. It is an older city, with a median age of 61.3 years.
Economically, Richville is a solidly middle-class community. The median household income of $73,523 is near the national average. Approximately 7.1% of residents live below the poverty line. The unemployment rate is 4.0%, below the national average.
The real estate market in Richville is a mid-range housing market. Median home values stand at $360,800, which is above the national average. Renters typically pay around $925 per month. Homeownership is high at 90.8%, typical of suburban and family-oriented communities.
The population of Richville is well-educated. 46.2% of adults hold a bachelor's degree or higher — above the national average. The community is primarily White (96.5%).
Richville, MN offers residents a cost-conscious lifestyle within Minnesota.
| ZIP | Population | Median Income | Median Home | Median Rent | Unemp. | College | Owner Occ. |
|---|---|---|---|---|---|---|---|
| 56576 | 858 | $73,523 | $360,800 | $925 | 4.0% | 46.2% | 90.8% |