Richwood, Louisiana is a small town with slightly more than 4,000 residents. There is a surplus of opportunities for young adults aged 15-24, who make up a greater percentage of the population here (21%) than nationally (14%), though young professionals are also well-represented. At an average age of just over 33, the town's population skews notably younger than most cities in Louisiana. Homeowners tend to be in the minority in Richwood, and 57% of residents are renters. The town boasts a relatively reasonable average rent of $570 per month, which is $314 less than the state average.
Richwood workers earn an average annual income of just over $28K, the 5th-lowest average income of any municipality in Louisiana. Richwood's average income also falls below the national average ($73,345). Richwood has a high number of residents over the age of 25 with a high school degree or equivalent (29%) compared to the national average. Additionally, 4% have earned a Bachelor's, Master's, Professional, or Doctoral degree.
Richwood residents have an average commute of about 18 minutes, faster than the state average of about 25 minutes. Many residents (15%) commute to work by car, while public transit is not widely used. Walking isn't a common means of commuting to work.
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