A small city in Minnesota, Richfield has approximately 36,000 residents. It's a great place to transition into adulthood, as young professionals account for a larger portion of the population here (18%) than nationally (15%). Overall, the city's residents, at an average age of just under 39, are younger than most cities in Minnesota. Home ownership is more common than renting in the area, and 37% of residents rent. Relatively high rent costs may be a factor, as the average rent of $1,083 a month is substantially higher than the state average of $991.
Richfield residents have an average commute of about 23 minutes. Driving a vehicle is the most common means of commuting to work, selected by 45% of residents, while public transportation is used by just 4% of the population. Not many residents walk to work.
There are three primary industries in Richfield: healthcare, retail, and entertainment. Together, these industries account for 24% of the city's labor force. Meanwhile, looking at job function, many residents work in sales, as 8% of the city's population reports this as their field of work, the highest number of any field. Richfield workers take home an average annual income of about $72,000, less than the state average. However, Richfield's average income is fairly average compared to the national level of $73,345. Richfield has a relatively large percentage of residents older than 25 with a Bachelor's, Master's, Professional, or Doctoral degree (27%) compared to the national average (21%).
|Studio||1 Bed||2 Bed||3 Bed|
© 2020 RentPath, LLC. All rights reserved. All photos, videos, text and other content are the property of RentPath, LLC. APARTMENT GUIDE and the APARTMENT GUIDE Trade Dress are registered trademarks of RentPath, LLC or its affiliates.
Apple, the Apple logo, iPad, and iPhone are trademarks of Apple Inc., registered in the U.S. and other countries. App Store is a service mark of Apple Inc.
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.