Richland, Indiana Demographics & Population 2026
During the 2020–2024 ACS period, Richland, Indiana had a total population of 588, the 480th largest town in Indiana, with a median household income of $73,250, which is 2% higher than the state average. The poverty rate is 11.4%.
Data vintage: U.S. Census Bureau ACS 2020–2024 5-Year Estimates · refreshed July 2026 · Methodology & source notes
Key Takeaways
- Housing is very affordable with a home-value-to-income ratio of just 2.0x.
Richland Quick Facts
How Richland Changed
Change from the 2019–2023 ACS period to 2020–2024. These are rolling five-year estimates, not year-over-year measurements.
| Metric | 2019–2023 | 2020–2024 | Change |
|---|---|---|---|
| Population | 548 | 588 | +7.3% |
| Median household income | $71,635 | $73,250 | +2.3% |
| Median home value | $145,800 | $146,400 | +0.4% |
How Richland Compares
Median Household Income
Median Home Value
Economy & Housing
Household Income Distribution
Detailed income brackets
Employment
Housing Overview
People & Demographics
Age Distribution
Race & Ethnicity
Diversity Index
A less diverse community where one racial or ethnic group represents a large majority.
State average: 41 | National average: 61
Education
Educational Attainment (Adults 25+)
Richland Rankings in Indiana
Explore Indiana Rankings
Other Cities in Spencer County
| City | Population | Median Income | Poverty | Home Value |
|---|---|---|---|---|
| Santa Claus | 2,793 | $89,659 | 3.7% | $258,900 |
| Rockport | 1,958 | $48,889 | 13.3% | $132,700 |
| Dale | 1,542 | $61,953 | 7.6% | $127,200 |
| Grandview | 757 | $50,987 | 8.7% | $140,600 |
| St. Meinrad | 646 | $52,402 | 15.0% | $315,200 |
| Hatfield | 497 | $71,932 | 21.9% | $138,000 |
| Chrisney | 442 | $55,625 | 11.1% | $102,900 |
| Gentryville | 303 | $49,241 | 2.0% | $122,200 |
Cities Similar to Richland
These cities in the same state have comparable population and economic profiles.
| City | Population | Median Income | Home Value | Bachelor's+ | Poverty |
|---|---|---|---|---|---|
| Everton | 610 | N/A | $114,300 | 1.3% | 9.3% |
| Linden | 590 | $67,981 | $141,800 | 16.9% | 10.2% |
| Lewis | 560 | N/A | N/A | 0.0% | 73.8% |
| Boggstown | 597 | $68,321 | $201,400 | 0.0% | 0.0% |
| Kimmell | 604 | $77,857 | $114,800 | 6.6% | 10.9% |
A note before these figures: with a population of 588, Richland's ACS estimates come from a small number of survey responses and carry wide margins of error. Individual percentages below — particularly rates that round to 0% or 100% — are approximations, not precise measurements. See data.census.gov for the published margins of error.
Population Overview
Richland is a small community located in Indiana, within Spencer County. The total population is 588. It ranks as the 480th most populous out of 967 Census-designated places in Indiana.
Age Demographics
The median age in Richland is 37.3 years. This is 2% lower than the state median of 38.1 years.
Economy, Income & Housing
The median household income in Richland is $73,250. This is 2% higher than the state median of $71,957. It is also 9% lower than the national median of $80,734. The poverty rate stands at 11.4%. This is 8% lower than the state poverty rate of 12.3%. The unemployment rate is 3.6%. This is 15% lower than the state rate of 4.3%. The median home value is $146,400. Housing costs are 33% lower than the state median of $218,200. With a home-value-to-income ratio of just 2.0x, Richland is one of the most affordable housing markets in the area. 88.3% of occupied housing units are owner-occupied. This homeownership rate is 25% higher than the state average of 70.5%.
Race & Ethnicity
Richland has a predominantly White (non-Hispanic) population, comprising 97.6% of all residents.
Education
12.8% of residents aged 25 and older hold a bachelor's degree or higher. This is 57% lower than the state rate of 29.5%. Nationally, 35.7% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 91.7%.
Data Sources & Methodology
All demographic data for Richland, Indiana is sourced from the U.S. Census Bureau's American Community Survey (ACS) 2020–2024 5-Year Estimates. The ACS collects data from approximately 3.5 million households annually and pools five years of responses so that even small communities can be measured, though the margin of error widens as the population falls. Comparisons are made against Indiana state averages and national averages calculated from the same dataset. Rankings reflect the city's position among all 967 Census-designated places in Indiana. Read more about how these figures are produced on our methodology page, or visit data.census.gov for official data.
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Frequently Asked Questions
What is the population of Richland, Indiana?
Richland, Indiana has a population of 588 according to the most recent U.S. Census ACS 5-Year Estimates.
What is the median household income in Richland, IN?
The median household income in Richland is $73,250, which is 9% lower than the national median of $80,734.
What is the poverty rate in Richland, IN?
The poverty rate in Richland is 11.4%. This means approximately 67 residents live below the federal poverty line.
What is the racial makeup of Richland, Indiana?
Richland's population is 97.6% White, 0.0% Black, 0.0% Hispanic/Latino, and 0.0% Asian.
What is the median home value in Richland, IN?
The median home value in Richland is $146,400. The home-value-to-income ratio is 2.0x.
How educated is Richland, Indiana?
12.8% of adults (25+) in Richland hold a bachelor's degree or higher, and 5.7% hold a graduate or professional degree.