Latest available · Census ACS 5-Year (2024)
What Is the Median Home Value in Richmond city, Indiana?
City · Census ACS 5-Year estimates
The median home value in Richmond city, Indiana is $114,400 (±$5,111), based on Census ACS 5-Year estimates (2024). The median gross rent is $822/month, and the median household income is $45,399/year. Source: U.S. Census Bureau, American Community Survey, 2024 5-Year Estimates.
Housing Metrics for Richmond city, Indiana
| Metric | Value |
|---|---|
| Median Home Value | $114,400 |
| Median Gross Rent | $822 |
| Median Household Income | $45,399 |
| Total Housing Units | 14,849 |
| Renter-Occupied Units | 6,352 |
| Renter-Occupied Share | 43% |
How does Richmond city, Indiana compare?
Median home value ranked against all cities in Indiana.
Higher home value than 31% of cities in Indiana · 562th of 818
| # | City | Value |
|---|---|---|
| 1 | Crows Nest town | $2,000,001 |
| 2 | North Crows Nest town | $1,557,700 |
| 3 | Williams Creek town | $1,201,400 |
| … 558 more … | ||
| 562 | Richmond city(you are here) | $114,400 |
| … 253 more … | ||
| 816 | Fairview CDP | $9,999 |
| 816 | New Marion CDP | $9,999 |
| 816 | Saline City CDP | $9,999 |
More data for Richmond city, Indiana
Frequently asked questions
What is the median home value in Richmond city, Indiana?
The median home value in Richmond city, Indiana is $114,400, based on Census ACS 5-Year estimates (2024). This is the self-reported estimated value homeowners believe their property would sell for. Source: U.S. Census Bureau, American Community Survey 5-Year Estimates, 2024.
What is the average rent in Richmond city, Indiana?
The median gross rent in Richmond city, Indiana is $822/month, based on Census ACS 5-Year estimates (2024).
What is the median household income in Richmond city, Indiana?
The median household income in Richmond city, Indiana is $45,399/year according to Census ACS 5-Year estimates (2024).
How reliable is Census ACS data for small areas?
The ACS 5-Year estimates combine 60 months of data for more reliable figures in smaller geographies. Each estimate has a margin of error (MOE). For example, the median home value of $114,400 has a margin of error of ±$5,111. In very small areas, MOEs can be large relative to the estimate.
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