Richmond, MO
Population 5,979 · Missouri
About Richmond, MO
Richmond is a small community in Missouri with a population of 5,979 residents. The median household income is $58,906 per year, which is near the national average. The median age in Richmond is 38.5 years.
Housing in Richmond has a median home value of $135,500 and median monthly rent of $734. Of the 2,722 total housing units, the majority are owner-occupied, with 1,423 owner-occupied and 1,102 renter-occupied units.
The unemployment rate in Richmond is 2.4% and the poverty rate is 16.0%. 10.7% of residents hold a bachelor's degree or higher. The average commute time is 31.2 minutes.
Cost of Living in Richmond, MO
Compared to national averages, Richmond has a median household income of $58,906 (22% below the national median of $75,149). Home values average $135,500, which is 45% below the national median. Monthly rent at $734 is 37% below the US average of $1,163. Within Missouri, Richmond's income is 4% below the state average of $61,047, and home values are 10% below the state median of $150,786.
Why Live in Richmond, MO?
Richmond offers affordable housing with a median home value of $135,500, below the US average of $244,900, and rent that’s lower than the national average at $734/month, and a strong job market with an unemployment rate of just 2.4%.
Potential considerations include median household income ($58,906) that falls below the national average. However, Richmond’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Richmond has a population of 5,979 with a median age of 38.5 years. Compare Richmond with other cities to see how it stacks up, or explore all cities in Missouri.
Similar Cities Near Richmond
Cities in Missouri with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Greenwood | 6,000 | $104,638 | $263,300 | Compare |
| Barnhart | 6,036 | $96,042 | $195,700 | Compare |
| Pevely | 6,037 | $64,660 | $203,700 | Compare |
| Battlefield | 6,095 | $87,414 | $207,100 | Compare |
| Glendale | 6,111 | $168,750 | $510,100 | Compare |
| Peculiar | 5,815 | $96,250 | $252,400 | Compare |
| Cottleville | 5,750 | $114,420 | $381,900 | Compare |
| Shrewsbury | 6,328 | $84,942 | $266,600 | 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.
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Frequently Asked Questions about Richmond
What is the population of Richmond, MO?
The population of Richmond, MO is 5,979 according to the latest Census data.
What is the median household income in Richmond?
The median household income in Richmond, MO is $58,906 per year.
What is the median home value in Richmond?
The median home value in Richmond, MO is $135,500.
What is the average rent in Richmond?
The median monthly rent in Richmond, MO is $734.
What is the unemployment rate in Richmond?
The unemployment rate in Richmond, MO is 2.4%.