Richfield, PA
Population 355 · Pennsylvania
About Richfield, PA
Richfield is a small community located in Pennsylvania with a population of 355 residents according to the latest US Census Bureau American Community Survey data. The median household income is $61,875 per year, which is 18% below the national median of $75,149. The median age of 61.7 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 Richfield features a median home value of $133,900, which is 45% below the national median of $244,900. This makes Richfield one of the more affordable markets in the country, potentially attractive for first-time homebuyers. Median monthly rent is $488, 58% below the national average of $1,163/month. Of the 209 total housing units, 56% are owner-occupied (111 units) and 44% are renter-occupied (86 units). The balanced mix of owners and renters indicates a diverse housing market.
Economy & Employment
The local economy in Richfield 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 14.2%, above the national average of 12.4%. Workers in Richfield have an average one-way commute time of 28.4 minutes.
Education & Demographics
12.3% of Richfield 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 0.6% White, 0.0% Hispanic or Latino, 0.8% Black or African American, and 2.3% Asian residents, with 3.7% of the population being foreign-born.
How Richfield Ranks in Pennsylvania
Cost of Living in Richfield, PA
Compared to national averages, Richfield has a median household income of $61,875 (18% below the national median of $75,149). Home values average $133,900, which is 45% below the national median. Monthly rent at $488 is 58% below the US average of $1,163. Within Pennsylvania, Richfield's income is 16% below the state average of $73,376, and home values are 30% below the state median of $190,903.
Why Live in Richfield, PA?
Richfield offers affordable housing with a median home value of $133,900, below the US average of $244,900, and rent that’s lower than the national average at $488/month, and a strong job market with an unemployment rate of just 0.0%.
Potential considerations include median household income ($61,875) that falls below the national average. However, Richfield’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Richfield has a population of 355 with a median age of 61.7 years. Compare Richfield with other cities to see how it stacks up, or explore all cities in Pennsylvania.
Similar Cities Near Richfield
Cities in Pennsylvania with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Allenwood | 354 | $86,111 | $195,000 | Compare |
| Bear Creek Village | 356 | $172,500 | $365,500 | Compare |
| Mapleton | 357 | $58,750 | $83,900 | Compare |
| Mattawana | 357 | $93,500 | $120,800 | Compare |
| Orrstown | 357 | $65,217 | $144,500 | Compare |
| Slatedale | 353 | $120,133 | $117,400 | Compare |
| Westover | 353 | $45,833 | $73,400 | Compare |
| Centerport | 352 | $80,250 | $251,400 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in Pennsylvania
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
Compare Richfield With Other Cities
Frequently Asked Questions about Richfield
What is the population of Richfield, PA?
The population of Richfield, PA is 355 according to the latest US Census Bureau American Community Survey estimates. This makes it a small community in Pennsylvania.
What is the median household income in Richfield?
The median household income in Richfield, PA is $61,875 per year, which is 18% below the national median of $75,149.
What is the median home value in Richfield?
The median home value in Richfield, PA is $133,900, which is 45% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Richfield?
The median monthly rent in Richfield, PA is $488, which is 58% below the national average of $1,163/month.
What is the unemployment rate in Richfield?
The unemployment rate in Richfield, PA is 0.0%, compared to the national average of 3.7%. This lower-than-average rate suggests a relatively healthy local job market.
Is Richfield, PA a good place to live?
Richfield offers a moderate cost of living, affordable housing, and a strong job market. With a population of 355 and a median age of 61.7, the city appeals to established professionals and retirees.
How educated is Richfield, PA?
12.3% of residents in Richfield 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 Richfield?
Key cost-of-living indicators for Richfield, PA: median home value is $133,900 (45% below national), median rent is $488/month, and median household income is $61,875. The home-value-to-income ratio is 2.2x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Richfield?
The poverty rate in Richfield, PA is 14.2%, 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 Richfield, PA?
Richfield's population is 0.6% White, 0.0% Hispanic or Latino, 0.8% Black or African American, 2.3% Asian, and 0.0% two or more races. 3.7% of residents are foreign-born.