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LOCAL GUIDE

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All About

Living In Richmond, IN

Richmond is a small city in Indiana with a population of just under 36,000. It's a comfortable place to settle down, as retirees account for a greater percentage of the population (18%) here than they do nationally (14%). Renters tend to be in the minority in the city, and 57% of residents own their homes. Renting remains an affordable option, though, as the city boasts a relatively low average rent of $670 per month. Over the course of a year, renters in Richmond will save around $1,900 compared to the state average.

There are three primary industries in Richmond: manufacturing, healthcare, and retail. Together, these industries account for 21% of the labor force in the city. Meanwhile, looking at job function, 7% of residents work in transportation, which ranks as the top field in the city. With an average annual income of around $49,000, Richmond workers bring in less than the average Indiana resident. The city's average income also trails the national average of $73,345. Richmond has a relatively large number of residents over the age of 25 who have earned a high school degree or GED (24%) compared to the national average. Furthermore, 7% possess a Bachelor's degree and 5% have earned a Master's degree or Doctorate.

Richmond's average commute time ranks as one of the best in the state at about 17 minutes, 10th-quickest in the state. Many residents (36%) drive their car or truck to work, while public transportation isn't widely used. Few residents (2%) commute to work on foot, though the number exceeds the national average.


Frequently Asked Questions About Richmond

Looking for a cheap Richmond apartment?

For the best deal, we recommend using our cheap apartments filter.

How Many Bedrooms Do You Need?

Are you living by yourself, with your family, or do you have roommates? Choose the number of bedrooms that match your needs: Studio, 1 Bedroom, 2 Bedroom, 3 Bedroom.

How Can I Tour Virtually During Covid19 & Social Distancing?

You can virtually tour any apartment by using our Richmond, IN Virtual Tours filter. All properties in this filter contain either a 3d tour or a video tour.

Do you need a pet-friendly Richmond apartment?

If you have a dog or cat, you'll need to find an apartment in Richmond that accepts pets. Apply Apartment Guide's pet friendly filter to see only Richmond apartments that accept pets. Remember to read the apartment's specific guidelines for acceptable pet breeds and weights if applicable.
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Information is copyrighted and school data provided by GreatSchools.org. Information is deemed reliable but not guaranteed. Schools listed above are based on distance from the selected location and are just a sampling of the schools in the area. To find a particular school district, and how it relates to a specific apartment, please contact the apartment manager.

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