Richville, OH
Population 2,971 · Ohio
About Richville, OH
Richville is a small town located in Ohio with a population of 2,971 residents according to the latest US Census Bureau American Community Survey data. The median household income is $70,274 per year, which is 6% below the national median of $75,149. The median age of 52.4 years is notably older the US median age of 38.9 years, suggesting a more established community with a higher proportion of long-term residents.
Housing Market Overview
The housing market in Richville features a median home value of $166,700, which is 32% below the national median of $244,900. This positions Richville in a moderately priced market relative to the rest of the country. Median monthly rent is $1,023, 12% below the national average of $1,163/month. Of the 1,378 total housing units, 88% are owner-occupied (1,201 units) and 12% are renter-occupied (169 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Richville shows an unemployment rate of 2.0%, which is lower than the national rate of 3.7%, indicating a relatively strong job market. The poverty rate stands at 1.5%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Richville have an average one-way commute time of 21.4 minutes.
Education & Demographics
15.0% of Richville 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, 1.2% Hispanic or Latino, 2.2% Black or African American, and 0.0% Asian residents, with 0.7% of the population being foreign-born.
Cost of Living in Richville, OH
Compared to national averages, Richville has a median household income of $70,274 (6% below the national median of $75,149). Home values average $166,700, which is 32% below the national median. Monthly rent at $1,023 is 12% below the US average of $1,163. Within Ohio, Richville's income is 2% below the state average of $71,814, and home values are 4% below the state median of $174,449.
Why Live in Richville, OH?
Richville offers affordable housing with a median home value of $166,700, below the US average of $244,900, and rent that’s lower than the national average at $1,023/month, and a strong job market with an unemployment rate of just 2.0%. Additionally, the city features a low poverty rate of 1.5%, better than the national average, and short commute times averaging just 21.4 minutes.
Potential considerations include median household income ($70,274) that falls below the national average. However, Richville’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Richville has a population of 2,971 with a median age of 52.4 years. Compare Richville with other cities to see how it stacks up, or explore all cities in Ohio.
Similar Cities Near Richville
Cities in Ohio with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Baltimore | 2,970 | $58,322 | $198,500 | Compare |
| Dry Ridge | 3,008 | $92,443 | $271,500 | Compare |
| Versailles | 2,934 | $69,103 | $193,200 | Compare |
| Cadiz | 3,015 | $38,417 | $115,200 | Compare |
| Lakemore | 2,917 | $54,836 | $143,700 | Compare |
| Walbridge | 3,027 | $56,719 | $126,900 | Compare |
| Mount Gilead | 2,909 | $49,536 | $156,200 | Compare |
| Wilkshire Hills | 3,048 | $66,219 | $259,000 | 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 Richville
What is the population of Richville, OH?
The population of Richville, OH is 2,971 according to the latest US Census Bureau American Community Survey estimates. This makes it a small town in Ohio.
What is the median household income in Richville?
The median household income in Richville, OH is $70,274 per year, which is 6% below the national median of $75,149.
What is the median home value in Richville?
The median home value in Richville, OH is $166,700, which is 32% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Richville?
The median monthly rent in Richville, OH is $1,023, which is 12% below the national average of $1,163/month.
What is the unemployment rate in Richville?
The unemployment rate in Richville, OH is 2.0%, compared to the national average of 3.7%. This lower-than-average rate suggests a relatively healthy local job market.
Is Richville, OH a good place to live?
Richville offers a moderate cost of living, affordable housing, and a strong job market. With a population of 2,971 and a median age of 52.4, the city appeals to established professionals and retirees.
How educated is Richville, OH?
15.0% of residents in Richville 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 Richville?
Key cost-of-living indicators for Richville, OH: median home value is $166,700 (32% below national), median rent is $1,023/month, and median household income is $70,274. The home-value-to-income ratio is 2.4x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Richville?
The poverty rate in Richville, OH is 1.5%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Richville, OH?
Richville's population is 0.0% White, 1.2% Hispanic or Latino, 2.2% Black or African American, 0.0% Asian, and 1.2% two or more races. 0.7% of residents are foreign-born.