Richfield, UT
Population 8,173 · Utah
About Richfield, UT
Richfield is a small town located in Utah with a population of 8,173 residents according to the latest US Census Bureau American Community Survey data. The median household income is $77,847 per year, which is 4% above the national median of $75,149. The median age of 32.4 years is notably younger the US median age of 38.9 years, indicating a younger, often more dynamic population base.
Housing Market Overview
The housing market in Richfield features a median home value of $287,500, which is 17% above the national median of $244,900. This positions Richfield in a moderately priced market relative to the rest of the country. Median monthly rent is $850, 27% below the national average of $1,163/month. Of the 2,990 total housing units, 68% are owner-occupied (1,818 units) and 32% are renter-occupied (851 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Richfield shows an unemployment rate of 1.6%, which is lower than the national rate of 3.7%, indicating a relatively strong job market. The poverty rate stands at 13.1%, above the national average of 12.4%. Workers in Richfield have an average one-way commute time of 12.5 minutes, one of the shorter commutes in the region.
Education & Demographics
24.0% of Richfield residents aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. This is in line with national trends in educational attainment. The community's demographic composition includes 2.7% White, 1.7% Hispanic or Latino, 0.0% Black or African American, and 2.8% Asian residents, with 1.1% of the population being foreign-born.
How Richfield Ranks in Utah
Cost of Living in Richfield, UT
Compared to national averages, Richfield has a median household income of $77,847 (4% above the national median of $75,149). Home values average $287,500, which is 17% above the national median. Monthly rent at $850 is 27% below the US average of $1,163. Within Utah, Richfield's income is 12% below the state average of $88,715, and home values are 33% below the state median of $426,386.
Why Live in Richfield, UT?
Richfield offers a strong local economy with a median household income of $77,847, well above the national average, and rent that’s lower than the national average at $850/month, and a strong job market with an unemployment rate of just 1.6%. Additionally, the city features short commute times averaging just 12.5 minutes.
Richfield has a population of 8,173 with a median age of 32.4 years. Compare Richfield with other cities to see how it stacks up, or explore all cities in Utah.
Similar Cities Near Richfield
Cities in Utah with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Price | 8,216 | $46,947 | $189,800 | Compare |
| Plain City | 8,101 | $126,250 | $532,300 | Compare |
| South Weber | 8,037 | $132,667 | $488,700 | Compare |
| Park City | 8,365 | $140,875 | $1,739,700 | Compare |
| Santa Clara | 7,891 | $93,083 | $509,600 | Compare |
| Farr West | 7,881 | $111,875 | $509,100 | Compare |
| Enoch | 7,856 | $81,767 | $335,200 | Compare |
| Summit Park | 8,545 | $179,516 | $1,068,300 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in Utah
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, UT?
The population of Richfield, UT is 8,173 according to the latest US Census Bureau American Community Survey estimates. This makes it a small town in Utah.
What is the median household income in Richfield?
The median household income in Richfield, UT is $77,847 per year, which is 4% above the national median of $75,149.
What is the median home value in Richfield?
The median home value in Richfield, UT is $287,500, which is 17% above 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, UT is $850, which is 27% below the national average of $1,163/month.
What is the unemployment rate in Richfield?
The unemployment rate in Richfield, UT is 1.6%, compared to the national average of 3.7%. This lower-than-average rate suggests a relatively healthy local job market.
Is Richfield, UT a good place to live?
Richfield offers above-average incomes, a competitive housing market, and a strong job market. With a population of 8,173 and a median age of 32.4, the city appeals to young professionals and families.
How educated is Richfield, UT?
24.0% 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, UT: median home value is $287,500 (17% above national), median rent is $850/month, and median household income is $77,847. The home-value-to-income ratio is 3.7x, a moderate figure by national standards.
What is the poverty rate in Richfield?
The poverty rate in Richfield, UT is 13.1%, 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, UT?
Richfield's population is 2.7% White, 1.7% Hispanic or Latino, 0.0% Black or African American, 2.8% Asian, and 0.1% two or more races. 1.1% of residents are foreign-born.