Richfield, MN
Population 36,725 · Minnesota
About Richfield, MN
Richfield is a mid-sized city in Minnesota with a population of 36,725 residents. The median household income is $84,055 per year, which is above the national average. The median age in Richfield is 38.9 years.
Housing in Richfield has a median home value of $320,400 and median monthly rent of $1,334. Of the 16,759 total housing units, the majority are owner-occupied, with 10,129 owner-occupied and 6,092 renter-occupied units.
The unemployment rate in Richfield is 5.1% and the poverty rate is 7.3%. 44.3% of residents hold a bachelor's degree or higher. The average commute time is 23.2 minutes.
How Richfield Ranks in Minnesota
Cost of Living in Richfield, MN
Compared to national averages, Richfield has a median household income of $84,055 (12% above the national median of $75,149). Home values average $320,400, which is 31% above the national median. Monthly rent at $1,334 is 15% above the US average of $1,163. Within Minnesota, Richfield's income is 13% above the state average of $74,221, and home values are 57% above the state median of $204,472.
Why Live in Richfield, MN?
Richfield offers a strong local economy with a median household income of $84,055, well above the national average, and a well-educated community where 44.3% of residents hold a bachelor’s degree or higher, and a low poverty rate of 7.3%, better than the national average. Additionally, the city features short commute times averaging just 23.2 minutes.
Richfield has a population of 36,725 with a median age of 38.9 years. Compare Richfield with other cities to see how it stacks up, or explore all cities in Minnesota.
Similar Cities Near Richfield
Cities in Minnesota with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Roseville | 35,905 | $88,440 | $334,800 | Compare |
| Inver Grove Heights | 35,772 | $104,055 | $352,300 | Compare |
| Cottage Grove | 40,124 | $121,452 | $359,600 | Compare |
| Andover | 32,825 | $131,528 | $389,200 | Compare |
| Brooklyn Center | 32,811 | $72,009 | $261,100 | Compare |
| Savage | 32,706 | $122,646 | $395,600 | Compare |
| Maplewood | 40,981 | $88,534 | $291,300 | Compare |
| Fridley | 29,944 | $79,274 | $277,100 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in Minnesota
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
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Frequently Asked Questions about Richfield
What is the population of Richfield, MN?
The population of Richfield, MN is 36,725 according to the latest Census data.
What is the median household income in Richfield?
The median household income in Richfield, MN is $84,055 per year.
What is the median home value in Richfield?
The median home value in Richfield, MN is $320,400.
What is the average rent in Richfield?
The median monthly rent in Richfield, MN is $1,334.
What is the unemployment rate in Richfield?
The unemployment rate in Richfield, MN is 5.1%.