Richmond, OH
Population 534 · Ohio
About Richmond, OH
Richmond is a small community in Ohio with a population of 534 residents. The median household income is $61,250 per year, which is near the national average. The median age in Richmond is 58.5 years.
Housing in Richmond has a median home value of $119,100 and median monthly rent of $850. Of the 268 total housing units, the majority are owner-occupied, with 179 owner-occupied and 65 renter-occupied units.
The unemployment rate in Richmond is 1.2% and the poverty rate is 6.6%. 11.1% of residents hold a bachelor's degree or higher. The average commute time is 24.5 minutes.
Cost of Living in Richmond, OH
Compared to national averages, Richmond has a median household income of $61,250 (18% below the national median of $75,149). Home values average $119,100, which is 51% below the national median. Monthly rent at $850 is 27% below the US average of $1,163. Within Ohio, Richmond's income is 15% below the state average of $71,814, and home values are 32% below the state median of $174,449.
Why Live in Richmond, OH?
Richmond offers affordable housing with a median home value of $119,100, below the US average of $244,900, and rent that’s lower than the national average at $850/month, and a strong job market with an unemployment rate of just 1.2%. Additionally, the city features a low poverty rate of 6.6%, better than the national average, and short commute times averaging just 24.5 minutes.
Potential considerations include median household income ($61,250) 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 534 with a median age of 58.5 years. Compare Richmond with other cities to see how it stacks up, or explore all cities in Ohio.
Similar Cities Near Richmond
Cities in Ohio with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Cuyahoga Heights | 534 | $66,875 | $210,700 | Compare |
| Warsaw | 534 | $36,827 | $118,400 | Compare |
| Lake Milton | 533 | $94,000 | $391,200 | Compare |
| Polk | 535 | $63,438 | $122,300 | Compare |
| Hamler | 536 | $63,750 | $116,500 | Compare |
| Waite Hill | 532 | $159,375 | $746,400 | Compare |
| West Logan | 537 | $27,898 | $68,100 | Compare |
| Crown City | 538 | $44,922 | $133,300 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in Ohio
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, OH?
The population of Richmond, OH is 534 according to the latest Census data.
What is the median household income in Richmond?
The median household income in Richmond, OH is $61,250 per year.
What is the median home value in Richmond?
The median home value in Richmond, OH is $119,100.
What is the average rent in Richmond?
The median monthly rent in Richmond, OH is $850.
What is the unemployment rate in Richmond?
The unemployment rate in Richmond, OH is 1.2%.