Richmond West, FL
Population 35,988 · Florida
About Richmond West, FL
Richmond West is a mid-sized city located in Florida with a population of 35,988 residents according to the latest US Census Bureau American Community Survey data. The median household income is $96,282 per year, which is 28% above the national median of $75,149. The median age of 41.4 years is close to the US median age of 38.9 years.
Housing Market Overview
The housing market in Richmond West features a median home value of $448,900, which is 83% above the national median of $244,900. This places Richmond West in a higher-cost housing market, where property demand often outpaces supply. Median monthly rent is $2,374, 104% above the national average of $1,163/month. Of the 10,728 total housing units, 83% are owner-occupied (8,757 units) and 17% are renter-occupied (1,835 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Richmond West shows an unemployment rate of 3.5%, which is lower than the national rate of 3.7%, indicating a relatively strong job market. The poverty rate stands at 10.3%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Richmond West have an average one-way commute time of 40.4 minutes, suggesting many residents commute to jobs in a nearby metro area.
Education & Demographics
31.0% of Richmond West residents aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. This is in line with national trends in educational attainment. The community's demographic composition includes 0.6% White, 0.4% Hispanic or Latino, 6.6% Black or African American, and 30.3% Asian residents, with 50.2% of the population being foreign-born.
Cost of Living in Richmond West, FL
Compared to national averages, Richmond West has a median household income of $96,282 (28% above the national median of $75,149). Home values average $448,900, which is 83% above the national median. Monthly rent at $2,374 is 104% above the US average of $1,163. Within Florida, Richmond West's income is 27% above the state average of $75,893, and home values are 27% above the state median of $353,675.
Why Live in Richmond West, FL?
Richmond West offers a strong local economy with a median household income of $96,282, well above the national average, and a strong job market with an unemployment rate of just 3.5%, and a low poverty rate of 10.3%, better than the national average.
Potential considerations include a competitive housing market where the typical home costs $448,900. However, Richmond West’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Richmond West has a population of 35,988 with a median age of 41.4 years. Compare Richmond West with other cities to see how it stacks up, or explore all cities in Florida.
Similar Cities Near Richmond West
Cities in Florida with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Lauderdale Lakes | 35,924 | $44,333 | $203,100 | Compare |
| Dunedin | 36,060 | $68,068 | $341,700 | Compare |
| Parkland | 35,799 | $200,156 | $896,300 | Compare |
| Egypt Lake-Leto | 35,709 | $53,599 | $296,100 | Compare |
| Carrollwood | 35,645 | $76,723 | $366,200 | Compare |
| Fruit Cove | 35,609 | $137,906 | $451,600 | Compare |
| Kendall West | 35,492 | $66,858 | $377,800 | Compare |
| Golden Glades | 35,042 | $49,932 | $346,900 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in Florida
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
Compare Richmond West With Other Cities
Frequently Asked Questions about Richmond West
What is the population of Richmond West, FL?
The population of Richmond West, FL is 35,988 according to the latest US Census Bureau American Community Survey estimates. This makes it a mid-sized city in Florida.
What is the median household income in Richmond West?
The median household income in Richmond West, FL is $96,282 per year, which is 28% above the national median of $75,149.
What is the median home value in Richmond West?
The median home value in Richmond West, FL is $448,900, which is 83% above the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Richmond West?
The median monthly rent in Richmond West, FL is $2,374, which is 104% above the national average of $1,163/month.
What is the unemployment rate in Richmond West?
The unemployment rate in Richmond West, FL is 3.5%, compared to the national average of 3.7%. This lower-than-average rate suggests a relatively healthy local job market.
Is Richmond West, FL a good place to live?
Richmond West offers above-average incomes, a competitive housing market, and a strong job market. With a population of 35,988 and a median age of 41.4, the city appeals to a broad range of residents.
How educated is Richmond West, FL?
31.0% of residents in Richmond West aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. The educational profile reflects the area's industry mix and employment landscape.
What is the cost of living in Richmond West?
Key cost-of-living indicators for Richmond West, FL: median home value is $448,900 (83% above national), median rent is $2,374/month, and median household income is $96,282. The home-value-to-income ratio is 4.7x, a moderate figure by national standards.
What is the poverty rate in Richmond West?
The poverty rate in Richmond West, FL is 10.3%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Richmond West, FL?
Richmond West's population is 0.6% White, 0.4% Hispanic or Latino, 6.6% Black or African American, 30.3% Asian, and 6.0% two or more races. 50.2% of residents are foreign-born.