Richland, MO
Population 2,256 · Missouri
About Richland, MO
Richland is a small town located in Missouri with a population of 2,256 residents according to the latest US Census Bureau American Community Survey data. The median household income is $41,750 per year, which is 44% below the national median of $75,149. The median age of 32.5 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 Richland features a median home value of $89,000, which is 64% below the national median of $244,900. This makes Richland one of the more affordable markets in the country, potentially attractive for first-time homebuyers. Median monthly rent is $630, 46% below the national average of $1,163/month. Of the 952 total housing units, 66% are owner-occupied (566 units) and 34% are renter-occupied (286 units). The balanced mix of owners and renters indicates a diverse housing market.
Economy & Employment
The local economy in Richland shows an unemployment rate of 6.2%, which is significantly above the national rate of 3.7%, suggesting economic challenges in the area. The poverty rate stands at 24.7%, above the national average of 12.4%. Workers in Richland have an average one-way commute time of 26.3 minutes.
Education & Demographics
14.5% of Richland 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 6.1% White, 1.4% Hispanic or Latino, 0.3% Black or African American, and 3.9% Asian residents, with 0.5% of the population being foreign-born.
Cost of Living in Richland, MO
Compared to national averages, Richland has a median household income of $41,750 (44% below the national median of $75,149). Home values average $89,000, which is 64% below the national median. Monthly rent at $630 is 46% below the US average of $1,163. Within Missouri, Richland's income is 32% below the state average of $61,047, and home values are 41% below the state median of $150,786.
Why Live in Richland, MO?
Richland offers affordable housing with a median home value of $89,000, below the US average of $244,900, and rent that’s lower than the national average at $630/month.
Potential considerations include median household income ($41,750) 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 2,256 with a median age of 32.5 years. Compare Richland with other cities to see how it stacks up, or explore all cities in Missouri.
Similar Cities Near Richland
Cities in Missouri with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Marceline | 2,269 | $55,139 | $96,000 | Compare |
| Thayer | 2,288 | $36,477 | $69,300 | Compare |
| Doniphan | 2,220 | $43,309 | $113,600 | Compare |
| Duquesne | 2,216 | $52,372 | $184,200 | Compare |
| Merriam Woods | 2,203 | $50,000 | $111,800 | Compare |
| Warson Woods | 2,312 | $200,104 | $573,600 | Compare |
| Concordia | 2,184 | $56,192 | $159,300 | Compare |
| Granby | 2,345 | $45,655 | $99,200 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in Missouri
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
Compare Richland With Other Cities
Frequently Asked Questions about Richland
What is the population of Richland, MO?
The population of Richland, MO is 2,256 according to the latest US Census Bureau American Community Survey estimates. This makes it a small town in Missouri.
What is the median household income in Richland?
The median household income in Richland, MO is $41,750 per year, which is 44% below the national median of $75,149.
What is the median home value in Richland?
The median home value in Richland, MO is $89,000, which is 64% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Richland?
The median monthly rent in Richland, MO is $630, which is 46% below the national average of $1,163/month.
What is the unemployment rate in Richland?
The unemployment rate in Richland, MO is 6.2%, compared to the national average of 3.7%. Job seekers may want to research the dominant industries in the area.
Is Richland, MO a good place to live?
Richland offers a moderate cost of living, affordable housing, and growing employment opportunities. With a population of 2,256 and a median age of 32.5, the city appeals to young professionals and families.
How educated is Richland, MO?
14.5% of residents in Richland 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 Richland?
Key cost-of-living indicators for Richland, MO: median home value is $89,000 (64% below national), median rent is $630/month, and median household income is $41,750. The home-value-to-income ratio is 2.1x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Richland?
The poverty rate in Richland, MO is 24.7%, 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 Richland, MO?
Richland's population is 6.1% White, 1.4% Hispanic or Latino, 0.3% Black or African American, 3.9% Asian, and 0.3% two or more races. 0.5% of residents are foreign-born.