Richmond, UT
Population 2,971 · Utah
About Richmond, UT
Richmond is a small community in Utah with a population of 2,971 residents. The median household income is $103,047 per year, which is above the national average. The median age in Richmond is 35 years.
Housing in Richmond has a median home value of $348,700 and median monthly rent of $930. Of the 934 total housing units, the majority are owner-occupied, with 774 owner-occupied and 117 renter-occupied units.
The unemployment rate in Richmond is 1.0% and the poverty rate is 2.7%. 32.3% of residents hold a bachelor's degree or higher. The average commute time is 20.6 minutes.
How Richmond Ranks in Utah
Cost of Living in Richmond, UT
Compared to national averages, Richmond has a median household income of $103,047 (37% above the national median of $75,149). Home values average $348,700, which is 42% above the national median. Monthly rent at $930 is 20% below the US average of $1,163. Within Utah, Richmond's income is 16% above the state average of $88,715, and home values are 18% below the state median of $426,386.
Why Live in Richmond, UT?
Richmond offers a strong local economy with a median household income of $103,047, well above the national average, and rent that’s lower than the national average at $930/month, and a strong job market with an unemployment rate of just 1.0%. Additionally, the city features a low poverty rate of 2.7%, better than the national average, and short commute times averaging just 20.6 minutes.
Richmond has a population of 2,971 with a median age of 35 years. Compare Richmond with other cities to see how it stacks up, or explore all cities in Utah.
Similar Cities Near Richmond
Cities in Utah with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Lake Point | 2,938 | $133,175 | $566,200 | Compare |
| Parowan | 3,095 | $49,934 | $299,800 | Compare |
| Naples | 3,217 | $94,048 | $264,100 | Compare |
| Helper | 2,680 | $61,908 | $207,700 | Compare |
| Erda | 3,294 | $153,068 | $600,700 | Compare |
| Blanding | 3,303 | $63,333 | $225,000 | Compare |
| Fillmore | 2,633 | $77,000 | $275,400 | Compare |
| Garland | 2,609 | $65,369 | $318,000 | 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.
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Frequently Asked Questions about Richmond
What is the population of Richmond, UT?
The population of Richmond, UT is 2,971 according to the latest Census data.
What is the median household income in Richmond?
The median household income in Richmond, UT is $103,047 per year.
What is the median home value in Richmond?
The median home value in Richmond, UT is $348,700.
What is the average rent in Richmond?
The median monthly rent in Richmond, UT is $930.
What is the unemployment rate in Richmond?
The unemployment rate in Richmond, UT is 1.0%.