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Last Updated: 11/30/2022

LOCAL GUIDE

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All About

Living In Richmond, MI

Richmond, a small town in Michigan, has a population of slightly less than 6,000. With an average age of just over 38, the town's residents are younger than most cities in Michigan. Renters tend to be in the minority in the town, and 74% of residents own their homes. Renters in the town benefit from a relatively low average rent of $708 a month, which is $167/month less than the state average.

Compared to the national average, Richmond has a relatively large percentage of residents older than 25 with a high school degree or GED (21%). Furthermore, 12% possess a Bachelor's, Master's, Professional, or Doctoral degree. Many Richmond residents work in one of four industries: manufacturing, retail, healthcare, and entertainment. Combined, these industries make up 31% of the workforce in the town. Meanwhile, looking at job function, 7% of the town's population works in transportation, which ranks as the top career path in the town. Richmond workers bring in an average annual income of nearly $65K, roughly the same as those elsewhere in the state. Richmond, however, compares less favorably to the national average ($73,345).

Averaging about 30 minutes, the commute time for Richmond residents is longer than the Michigan average of about 25 minutes. Driving a car or truck is the prevailing mode of getting to work, opted for by 45% of commuters, while public transit isn't used. Walking isn't a common way to get to work.



Frequently Asked Questions About Richmond

How much does it cost to rent in Richmond, MI?

Our Price Sort filter can help you find a rental at a cost that's perfect for your budget.

What is the average cost of rent for a one-bedroom in Richmond?

The average rent of a one-bedroom apartment in Richmond is $820

Are there any cheap apartments for rent in Richmond?

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

Are there any pet friendly apartments in Richmond?

Apply Apartment Guide's pet friendly filter to see only Richmond apartments that accept pets.

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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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