Richards, MO
Population 44 · Missouri
About Richards, MO
Richards is a small community located in Missouri with a population of 44 residents according to the latest US Census Bureau American Community Survey data. The median household income is $42,969 per year, which is 43% below the national median of $75,149. The median age of 31.8 years is notably younger the US median age of 38.9 years, indicating a younger, often more dynamic population base.
Housing Market Overview
The housing market in Richards features a median home value of $65,000, which is 73% below the national median of $244,900. This makes Richards one of the more affordable markets in the country, potentially attractive for first-time homebuyers. Median monthly rent is $0, 100% below the national average of $1,163/month. Of the 31 total housing units, 70% are owner-occupied (16 units) and 30% are renter-occupied (7 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Richards shows an unemployment rate of 0.0%, which is lower than the national rate of 3.7%, indicating a relatively strong job market. The poverty rate stands at 27.3%, above the national average of 12.4%. Workers in Richards have an average one-way commute time of 0 minutes, one of the shorter commutes in the region.
Education & Demographics
0.0% of Richards 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 0.0% White, 22.7% Hispanic or Latino, 0.0% Black or African American, and 0.0% Asian residents, with 0.0% of the population being foreign-born.
Cost of Living in Richards, MO
Compared to national averages, Richards has a median household income of $42,969 (43% below the national median of $75,149). Home values average $65,000, which is 73% below the national median. Monthly rent at $0 is 100% below the US average of $1,163. Within Missouri, Richards's income is 30% below the state average of $61,047, and home values are 57% below the state median of $150,786.
Why Live in Richards, MO?
Richards offers affordable housing with a median home value of $65,000, below the US average of $244,900, and rent that’s lower than the national average at $0/month, and a strong job market with an unemployment rate of just 0.0%. Additionally, the city features short commute times averaging just 0 minutes.
Potential considerations include median household income ($42,969) that falls below the national average. However, Richards’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Richards has a population of 44 with a median age of 31.8 years. Compare Richards with other cities to see how it stacks up, or explore all cities in Missouri.
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Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
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Frequently Asked Questions about Richards
What is the population of Richards, MO?
The population of Richards, MO is 44 according to the latest US Census Bureau American Community Survey estimates. This makes it a small community in Missouri.
What is the median household income in Richards?
The median household income in Richards, MO is $42,969 per year, which is 43% below the national median of $75,149.
What is the median home value in Richards?
The median home value in Richards, MO is $65,000, which is 73% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Richards?
The median monthly rent in Richards, MO is $0, which is 100% below the national average of $1,163/month.
What is the unemployment rate in Richards?
The unemployment rate in Richards, MO is 0.0%, compared to the national average of 3.7%. This lower-than-average rate suggests a relatively healthy local job market.
Is Richards, MO a good place to live?
Richards offers a moderate cost of living, affordable housing, and a strong job market. With a population of 44 and a median age of 31.8, the city appeals to young professionals and families.
How educated is Richards, MO?
0.0% of residents in Richards 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 Richards?
Key cost-of-living indicators for Richards, MO: median home value is $65,000 (73% below national), median rent is $0/month, and median household income is $42,969. The home-value-to-income ratio is 1.5x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Richards?
The poverty rate in Richards, MO is 27.3%, 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 Richards, MO?
Richards's population is 0.0% White, 22.7% Hispanic or Latino, 0.0% Black or African American, 0.0% Asian, and 0.0% two or more races. 0.0% of residents are foreign-born.