Richmond, TX
Population 12,117 · Texas
About Richmond, TX
Richmond is a mid-sized city in Texas with a population of 12,117 residents. The median household income is $68,564 per year, which is near the national average. The median age in Richmond is 34.7 years.
Housing in Richmond has a median home value of $229,800 and median monthly rent of $1,248. Of the 4,716 total housing units, the majority are owner-occupied, with 2,664 owner-occupied and 1,768 renter-occupied units.
The unemployment rate in Richmond is 5.8% and the poverty rate is 13.6%. 20.3% of residents hold a bachelor's degree or higher. The average commute time is 27 minutes.
Cost of Living in Richmond, TX
Compared to national averages, Richmond has a median household income of $68,564 (9% below the national median of $75,149). Home values average $229,800, which is 6% below the national median. Monthly rent at $1,248 is 7% above the US average of $1,163. Within Texas, Richmond's income is 6% below the state average of $72,726, and home values are 9% above the state median of $211,769.
Why Live in Richmond, TX?
Richmond offers affordable housing with a median home value of $229,800, below the US average of $244,900.
Potential considerations include median household income ($68,564) 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 12,117 with a median age of 34.7 years. Compare Richmond with other cities to see how it stacks up, or explore all cities in Texas.
Similar Cities Near Richmond
Cities in Texas with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Hornsby Bend | 12,021 | $88,317 | $279,000 | Compare |
| El Campo | 12,220 | $67,356 | $183,400 | Compare |
| Fort Bliss | 12,009 | $55,267 | $0 | Compare |
| Webster | 12,283 | $62,536 | $284,900 | Compare |
| Borger | 12,398 | $59,031 | $90,000 | Compare |
| Levelland | 12,565 | $51,847 | $126,200 | Compare |
| Granbury | 11,665 | $68,839 | $278,700 | Compare |
| Lantana | 12,583 | $200,147 | $542,200 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in Texas
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, TX?
The population of Richmond, TX is 12,117 according to the latest Census data.
What is the median household income in Richmond?
The median household income in Richmond, TX is $68,564 per year.
What is the median home value in Richmond?
The median home value in Richmond, TX is $229,800.
What is the average rent in Richmond?
The median monthly rent in Richmond, TX is $1,248.
What is the unemployment rate in Richmond?
The unemployment rate in Richmond, TX is 5.8%.