Richmond, Michigan Demographics & Population 2026
Demographic data: ACS 2020–2024 five-year estimates. Sources and methodology
During the 2020–2024 ACS period, Richmond, Michigan had a total population of 5,855, the 161st largest city in Michigan, with a median household income of $64,719, which is 11% lower than the state average. The poverty rate is 13.5%.
Key Takeaways
- Unemployment rate of 11.5% is notably above the national average.
Richmond Quick Facts
How Richmond Changed
Change from the non-overlapping 2015–2019 ACS period to 2020–2024. Earlier dollar figures are adjusted to 2024 dollars; changes marked “no clear change” are within the combined 90% margins of error.
| Metric | 2015–2019 | 2020–2024 | Change |
|---|---|---|---|
| Population | 5,869 | 5,855 | No clear change (-0.2%) |
| Median household income | $71,240 | $64,719 | No clear change (-9.2%) |
| Median home value¹ | $224,358 | $237,700 | No clear change (+5.9%) |
| Median gross rent | $839 | $864 | No clear change (+2.9%) |
How Richmond Compares
Median Household Income
Median Home Value
Economy & Housing
Household Income Distribution
Detailed income brackets
Employment
Housing Overview
People & Demographics
Age Distribution
Race & Ethnicity
- White: 87.3%
- Black: 2.4%
- Hispanic: 5.2%
- Asian: 0.0%
- Other: 0.0%
Diversity Index
A less diverse community where one racial or ethnic group represents a large majority.
State average: 45 | National average: 61
Education
Educational Attainment (Adults 25+)
- < High School: 10.7%
- HS Diploma: 28.9%
- Some College: 27.2%
- Associate's: 8.1%
- Bachelor's: 15.0%
- Graduate+: 10.1%
Richmond Rankings in Michigan
Explore Michigan Rankings
Other Cities in Macomb County
| City | Population | Median Income | Poverty | Home Value |
|---|---|---|---|---|
| Warren | 137,928 | $64,016 | 14.8% | $193,400 |
| Sterling Heights | 133,573 | $79,909 | 11.1% | $274,300 |
| St. Clair Shores | 58,140 | $73,500 | 8.4% | $210,700 |
| Roseville | 47,123 | $62,182 | 12.5% | $155,800 |
| Eastpointe | 33,982 | $62,325 | 17.5% | $142,200 |
| Mount Clemens | 15,511 | $52,310 | 16.4% | $179,400 |
| Fraser | 14,583 | $64,354 | 10.4% | $215,900 |
| New Baltimore | 12,072 | $106,033 | 5.4% | $323,200 |
| Center Line | 8,463 | $54,703 | 16.8% | $156,600 |
| New Haven | 6,475 | $66,125 | 13.8% | $209,000 |
Cities Similar to Richmond
These cities in the same state have comparable population and economic profiles.
| City | Population | Median Income | Home Value | Bachelor's+ | Poverty |
|---|---|---|---|---|---|
| Holly | 5,964 | $64,305 | $192,300 | 21.6% | 8.5% |
| Swartz Creek | 5,853 | $71,571 | $174,200 | 22.1% | 10.9% |
| Belding | 5,960 | $60,373 | $163,800 | 16.8% | 15.5% |
| Petoskey | 5,856 | $74,196 | $364,100 | 53.4% | 9.0% |
| St. Clair | 5,585 | $69,688 | $223,200 | 27.4% | 7.1% |
Population Overview
Richmond is a small city located in Michigan, within Macomb County. The total population is 5,855. It ranks as the 161st most populous out of 745 Census-designated places in Michigan.
Age Demographics
The median age in Richmond is 39.7 years. This is 1% lower than the state median of 40.2 years.
Economy, Income & Housing
The median household income in Richmond is $64,719. This is 11% lower than the state median of $72,875. It is also 20% lower than the national median of $80,734. The poverty rate stands at 13.5%. This is 2% higher than the state poverty rate of 13.2%. The unemployment rate is 11.5%. This is 102% higher than the state rate of 5.7%. The median home value is $237,700. Housing costs are 3% higher than the state median of $231,600. The home-value-to-income ratio is 3.7x. 76.6% of occupied housing units are owner-occupied. This homeownership rate is 5% higher than the state average of 73.2%.
Race & Ethnicity
Richmond has a predominantly White (non-Hispanic) population, comprising 87.3% of all residents. Hispanic or Latino residents account for 5.2%. The Black or African American population (2.4%) is well below the state average of 13.1%.
Education
25.1% of residents aged 25 and older hold a bachelor's degree or higher. This is 23% lower than the state rate of 32.5%. Nationally, 35.7% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 89.3%.
Data Sources & Methodology
All demographic data for Richmond, Michigan 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 Michigan state averages and national averages calculated from the same dataset. Rankings reflect the city's position among all 745 Census-designated places in Michigan. 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 Richmond, Michigan?
Richmond, Michigan has a population of 5,855 according to the most recent U.S. Census ACS 5-Year Estimates.
What is the median household income in Richmond, MI?
The median household income in Richmond is $64,719, which is 20% lower than the national median of $80,734.
What is the poverty rate in Richmond, MI?
The poverty rate in Richmond is 13.5%. This means approximately 768 residents live below the federal poverty line.
What is the racial makeup of Richmond, Michigan?
Richmond's population is 87.3% White, 2.4% Black, 5.2% Hispanic/Latino, and 0.0% Asian.
What is the median home value in Richmond, MI?
The median home value in Richmond is $237,700. The home-value-to-income ratio is 3.7x.
How educated is Richmond, Michigan?
25.1% of adults (25+) in Richmond hold a bachelor's degree or higher, and 10.1% hold a graduate or professional degree.