Richwood, LA
Population 3,840 · Louisiana
About Richwood, LA
Richwood is a small town located in Louisiana with a population of 3,840 residents according to the latest US Census Bureau American Community Survey data. The median household income is $31,386 per year, which is 58% below the national median of $75,149. The median age of 36.8 years is close to the US median age of 38.9 years.
Housing Market Overview
The housing market in Richwood features a median home value of $52,300, which is 79% below the national median of $244,900. This makes Richwood one of the more affordable markets in the country, potentially attractive for first-time homebuyers. Median monthly rent is $873, 25% below the national average of $1,163/month. Of the 848 total housing units, 30% are owner-occupied (231 units) and 70% are renter-occupied (550 units). The higher proportion of renters may reflect a transient population, younger demographics, or high housing costs relative to income.
Economy & Employment
The local economy in Richwood shows an unemployment rate of 8.5%, which is significantly above the national rate of 3.7%, suggesting economic challenges in the area. The poverty rate stands at 38.7%, above the national average of 12.4%. Workers in Richwood have an average one-way commute time of 22.8 minutes.
Education & Demographics
6.3% of Richwood residents aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. The lower educational attainment rate may reflect the area's industry mix, with more employment in trades, manufacturing, or agricultural sectors. The community's demographic composition includes 4.9% White, 0.2% Hispanic or Latino, 0.0% Black or African American, and 1.4% Asian residents, with 1.7% of the population being foreign-born.
How Richwood Ranks in Louisiana
Cost of Living in Richwood, LA
Compared to national averages, Richwood has a median household income of $31,386 (58% below the national median of $75,149). Home values average $52,300, which is 79% below the national median. Monthly rent at $873 is 25% below the US average of $1,163. Within Louisiana, Richwood's income is 43% below the state average of $54,685, and home values are 67% below the state median of $156,619.
Why Live in Richwood, LA?
Richwood offers affordable housing with a median home value of $52,300, below the US average of $244,900, and rent that’s lower than the national average at $873/month, and short commute times averaging just 22.8 minutes.
Potential considerations include median household income ($31,386) that falls below the national average. However, Richwood’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Richwood has a population of 3,840 with a median age of 36.8 years. Compare Richwood with other cities to see how it stacks up, or explore all cities in Louisiana.
Similar Cities Near Richwood
Cities in Louisiana with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Hahnville | 3,826 | $72,361 | $226,300 | Compare |
| Ball | 3,900 | $72,713 | $176,400 | Compare |
| Bayou Vista | 3,931 | $47,726 | $152,700 | Compare |
| Vidalia | 3,938 | $45,958 | $141,300 | Compare |
| Jackson | 3,976 | $37,981 | $121,700 | Compare |
| Brownsville | 3,996 | $26,971 | $73,100 | Compare |
| Amite City | 4,036 | $45,850 | $116,900 | Compare |
| Winnfield | 4,042 | $46,089 | $74,000 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in Louisiana
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
Compare Richwood With Other Cities
Frequently Asked Questions about Richwood
What is the population of Richwood, LA?
The population of Richwood, LA is 3,840 according to the latest US Census Bureau American Community Survey estimates. This makes it a small town in Louisiana.
What is the median household income in Richwood?
The median household income in Richwood, LA is $31,386 per year, which is 58% below the national median of $75,149.
What is the median home value in Richwood?
The median home value in Richwood, LA is $52,300, which is 79% below the national median of $244,900. A significant portion of residents rent their homes.
What is the average rent in Richwood?
The median monthly rent in Richwood, LA is $873, which is 25% below the national average of $1,163/month.
What is the unemployment rate in Richwood?
The unemployment rate in Richwood, LA is 8.5%, compared to the national average of 3.7%. Job seekers may want to research the dominant industries in the area.
Is Richwood, LA a good place to live?
Richwood offers a moderate cost of living, affordable housing, and growing employment opportunities. With a population of 3,840 and a median age of 36.8, the city appeals to a broad range of residents.
How educated is Richwood, LA?
6.3% of residents in Richwood 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 Richwood?
Key cost-of-living indicators for Richwood, LA: median home value is $52,300 (79% below national), median rent is $873/month, and median household income is $31,386. The home-value-to-income ratio is 1.7x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Richwood?
The poverty rate in Richwood, LA is 38.7%, compared to the national average of 12.4%. Residents and prospective movers should be aware of the economic challenges facing parts of this community.
How diverse is Richwood, LA?
Richwood's population is 4.9% White, 0.2% Hispanic or Latino, 0.0% Black or African American, 1.4% Asian, and 75.8% two or more races. 1.7% of residents are foreign-born.