Richardton, ND
Population 761 · North Dakota
About Richardton, ND
Richardton is a small community located in North Dakota with a population of 761 residents according to the latest US Census Bureau American Community Survey data. The median household income is $69,844 per year, which is 7% below the national median of $75,149. The median age of 38.9 years is close to the US median age of 38.9 years.
Housing Market Overview
The housing market in Richardton features a median home value of $188,900, which is 23% below the national median of $244,900. This positions Richardton in a moderately priced market relative to the rest of the country. Median monthly rent is $576, 50% below the national average of $1,163/month. Of the 378 total housing units, 86% are owner-occupied (281 units) and 14% are renter-occupied (44 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Richardton 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 9.6%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Richardton have an average one-way commute time of 19.6 minutes, one of the shorter commutes in the region.
Education & Demographics
22.2% of Richardton 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 1.3% White, 4.3% Hispanic or Latino, 0.0% Black or African American, and 4.6% Asian residents, with 4.7% of the population being foreign-born.
How Richardton Ranks in North Dakota
Cost of Living in Richardton, ND
Compared to national averages, Richardton has a median household income of $69,844 (7% below the national median of $75,149). Home values average $188,900, which is 23% below the national median. Monthly rent at $576 is 50% below the US average of $1,163. Within North Dakota, Richardton's income is 4% below the state average of $72,691, and home values are 35% above the state median of $139,496.
Why Live in Richardton, ND?
Richardton offers affordable housing with a median home value of $188,900, below the US average of $244,900, and rent that’s lower than the national average at $576/month, and a strong job market with an unemployment rate of just 0.0%. Additionally, the city features a low poverty rate of 9.6%, better than the national average, and short commute times averaging just 19.6 minutes.
Potential considerations include median household income ($69,844) that falls below the national average. However, Richardton’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Richardton has a population of 761 with a median age of 38.9 years. Compare Richardton with other cities to see how it stacks up, or explore all cities in North Dakota.
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Demographics
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Economy & Education
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Other Cities in North Dakota
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
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Frequently Asked Questions about Richardton
What is the population of Richardton, ND?
The population of Richardton, ND is 761 according to the latest US Census Bureau American Community Survey estimates. This makes it a small community in North Dakota.
What is the median household income in Richardton?
The median household income in Richardton, ND is $69,844 per year, which is 7% below the national median of $75,149.
What is the median home value in Richardton?
The median home value in Richardton, ND is $188,900, which is 23% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Richardton?
The median monthly rent in Richardton, ND is $576, which is 50% below the national average of $1,163/month.
What is the unemployment rate in Richardton?
The unemployment rate in Richardton, ND is 0.0%, compared to the national average of 3.7%. This lower-than-average rate suggests a relatively healthy local job market.
Is Richardton, ND a good place to live?
Richardton offers a moderate cost of living, affordable housing, and a strong job market. With a population of 761 and a median age of 38.9, the city appeals to a broad range of residents.
How educated is Richardton, ND?
22.2% of residents in Richardton 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 Richardton?
Key cost-of-living indicators for Richardton, ND: median home value is $188,900 (23% below national), median rent is $576/month, and median household income is $69,844. The home-value-to-income ratio is 2.7x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Richardton?
The poverty rate in Richardton, ND is 9.6%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Richardton, ND?
Richardton's population is 1.3% White, 4.3% Hispanic or Latino, 0.0% Black or African American, 4.6% Asian, and 0.0% two or more races. 4.7% of residents are foreign-born.