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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

Richland Quick Facts

Population 588
Median Household Income $73,250
Median Home Value $146,400
Poverty Rate 11.4%
Unemployment Rate 3.6%
Median Age 37.3 years
Homeownership Rate 88.3%
Affordability Ratio 2.0x
Bachelor's Degree or Higher 12.8%
High School Graduation Rate 91.7%
Diversity Index 5/100
Population 588 480th of 967
Median Income $73,250 above average
Poverty Rate 11.4% 9% lower than national
Median Home Value $146,400 average

How Richland Changed

Change from the 2019–2023 ACS period to 2020–2024. These are rolling five-year estimates, not year-over-year measurements.

Metric2019–20232020–2024Change
Population548588+7.3%
Median household income$71,635$73,250+2.3%
Median home value$145,800$146,400+0.4%

How Richland Compares

Economy & Housing

Household Income Distribution

Under $25K 17.1%
$25K-$50K 16.3%
$50K-$100K 29.6%
$100K+ 37.1%
Detailed income brackets
Under $10K
5.8%
$10K-$15K
3.3%
$15K-$20K
4.2%
$20K-$25K
3.8%
$25K-$30K
1.3%
$30K-$35K
5.0%
$35K-$40K
3.8%
$40K-$45K
3.8%
$45K-$50K
2.5%
$50K-$60K
8.3%
$60K-$75K
11.3%
$75K-$100K
10.0%
$100K-$125K
7.5%
$125K-$150K
17.9%
$150K-$200K
11.3%
$200K+
0.4%

Employment

3.6% Unemployment Rate State: 4.3%|National: 5.2%
68.1% Labor Force Participation

Housing Overview

Owner 88.3%
Renter 11.7%
Affordability Index Very Affordable
2.0x home value to income ratio
Median gross rent $850/mo 13.9% of median household income annually

People & Demographics

Diversity Index

5out of 100
Very Low Diversity

A less diverse community where one racial or ethnic group represents a large majority.

State average: 41 | National average: 61

Education

Richland Rankings in Indiana

#480 Population of 967
#275 Median Income of 796
#549 Education of 966
#403 Home Value of 818

Other Cities in Spencer County

CityPopulationMedian IncomePovertyHome 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.

CityPopulationMedian IncomeHome ValueBachelor's+Poverty
Everton610N/A$114,3001.3%9.3%
Linden590$67,981$141,80016.9%10.2%
Lewis560N/AN/A0.0%73.8%
Boggstown597$68,321$201,4000.0%0.0%
Kimmell604$77,857$114,8006.6%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.