Richland, IN
Population 548 · Indiana
About Richland, IN
Richland is a small community in Indiana with a population of 548 residents. The median household income is $71,635 per year, which is above the national average. The median age in Richland is 32.6 years.
Housing in Richland has a median home value of $145,800 and median monthly rent of $930. Of the 237 total housing units, the majority are owner-occupied, with 188 owner-occupied and 25 renter-occupied units.
The unemployment rate in Richland is 3.4% and the poverty rate is 10.4%. 14.7% of residents hold a bachelor's degree or higher. The average commute time is 34.4 minutes.
Cost of Living in Richland, IN
Compared to national averages, Richland has a median household income of $71,635 (5% below the national median of $75,149). Home values average $145,800, which is 40% below the national median. Monthly rent at $930 is 20% below the US average of $1,163. Within Indiana, Richland's income is 3% above the state average of $69,330, and home values are 11% below the state median of $163,409.
Why Live in Richland, IN?
Richland offers affordable housing with a median home value of $145,800, below the US average of $244,900, and rent that’s lower than the national average at $930/month, and a strong job market with an unemployment rate of just 3.4%. Additionally, the city features a low poverty rate of 10.4%, better than the national average.
Potential considerations include median household income ($71,635) that falls below the national average. However, Richland’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Richland has a population of 548 with a median age of 32.6 years. Compare Richland with other cities to see how it stacks up, or explore all cities in Indiana.
Similar Cities Near Richland
Cities in Indiana with a similar population size.
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Other Cities in Indiana
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
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Frequently Asked Questions about Richland
What is the population of Richland, IN?
The population of Richland, IN is 548 according to the latest Census data.
What is the median household income in Richland?
The median household income in Richland, IN is $71,635 per year.
What is the median home value in Richland?
The median home value in Richland, IN is $145,800.
What is the average rent in Richland?
The median monthly rent in Richland, IN is $930.
What is the unemployment rate in Richland?
The unemployment rate in Richland, IN is 3.4%.