Richfield, North Carolina is a small town with a population of slightly less than 1,000. Young adults aged 15-24 can expect to feel right at home, as they make up an above-average percentage of the community, while young professionals are less well-represented. Only 24% of residents rent in Richfield, as most own their homes. With a relatively low average rent of $850 a month in the town, renting remains an affordable option, particularly compared to other cities in North Carolina. Each month, renters in Richfield will save around $82 compared to the state average.
Richfield residents have an average commute of about 25 minutes. Driving a car or truck is the most common means of commuting to work, selected by 36% of commuters, while public transit is not used. Relatively few residents (2%) walk to work, though the number does exceed the national average.
Richfield residents have a wide range of industries from which to choose, the most common four of which are manufacturing, retail, education, and healthcare. Combined, these industries make up 24% of the town's workforce. Meanwhile, looking at job function, 7% of residents work in management, which ranks as the top profession in the town. With an average annual income of about $59K, Richfield workers earn around $9,000 less than the average North Carolina resident. Richfield's average income also falls below the national average ($73,345). Richfield has a relatively large percentage of residents older than 25 who have an Associate's degree (7%) compared to the national average (5%). Additionally, 11% have a Bachelor's degree and 3% possess a Master's degree or Doctorate.
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