Richfield city, Minnesota Demographics & Population 2026
As of 2026, Richfield city, Minnesota has a total population of 36,725, the 26th largest city in Minnesota, with a median household income of $84,055, which is 4% lower than the state average. The poverty rate is 7.3%.
Key Takeaways
- 44.3% of adults hold a bachelor's degree or higher — top 10% in Minnesota.
Richfield city Quick Facts
How Richfield city Compares
Median Household Income
Median Home Value
Economy & Housing
Household Income Distribution
Employment
Housing Overview
People & Demographics
Age Distribution
Race & Ethnicity
Diversity Index
A diverse community with significant representation from multiple racial and ethnic groups.
State average: 40 | National average: 60
Education
Educational Attainment (Adults 25+)
Richfield city Rankings in Minnesota
Explore Minnesota Rankings
Other Cities in Hennepin County
| City | Population | Median Income | Poverty | Home Value |
|---|---|---|---|---|
| Minneapolis city | 426,845 | $80,269 | 16.4% | $345,600 |
| Bloomington city | 88,838 | $90,677 | 9.1% | $346,200 |
| Brooklyn Park city | 84,349 | $85,964 | 10.3% | $313,500 |
| Plymouth city | 79,526 | $133,865 | 4.1% | $474,700 |
| Maple Grove city | 70,539 | $129,481 | 3.9% | $397,400 |
| Eden Prairie city | 63,249 | $127,732 | 6.0% | $463,300 |
| Minnetonka city | 53,256 | $120,496 | 4.8% | $456,200 |
| Edina city | 53,125 | $129,225 | 4.4% | $624,000 |
| St. Louis Park city | 49,541 | $100,250 | 7.3% | $371,600 |
| Brooklyn Center city | 32,811 | $72,009 | 11.5% | $261,100 |
Cities Similar to Richfield city
These cities in the same state have comparable population and economic profiles.
| City | Population | Median Income | Home Value | Bachelor's+ | Poverty |
|---|---|---|---|---|---|
| Roseville city | 35,905 | $88,440 | $334,800 | 54.4% | 7.2% |
| Inver Grove Heights city | 35,772 | $104,055 | $352,300 | 43.0% | 4.6% |
| Maplewood city | 40,981 | $88,534 | $291,300 | 36.3% | 10.0% |
| Brooklyn Center city | 32,811 | $72,009 | $261,100 | 25.6% | 11.5% |
| Fridley city | 29,944 | $79,274 | $277,100 | 30.6% | 11.4% |
Population Overview
Richfield city is a mid-sized community located in Minnesota, within Hennepin County. The total population is 36,725. It ranks as the 26th most populous out of 913 cities and towns in Minnesota.
Age Demographics
The median age in Richfield city is 38.9 years. This is about average than the state median of 38.6 years.
Economy, Income & Housing
The median household income in Richfield city is $84,055. This is 4% lower than the state median of $87,556. Compared to the national median of $78,538, household income here is 7% higher. The poverty rate stands at 7.3%. This is 21% lower than the state poverty rate of 9.2%. The unemployment rate is 5.1%. This is 31% higher than the state rate of 3.9%. The median home value is $320,400. Housing costs are 5% higher than the state median of $305,500. The home-value-to-income ratio is 3.8x. 62.4% of occupied housing units are owner-occupied. This homeownership rate is 14% lower than the state average of 72.4%.
Race & Ethnicity
The largest racial or ethnic group in Richfield city is White (non-Hispanic), making up 61.1% of the population. Hispanic or Latino residents account for 18.4%. The Hispanic or Latino population is significantly higher than the state average (18.4% vs 6.2%).
Education
44.3% of residents aged 25 and older hold a bachelor's degree or higher. This places Richfield city in the top 10% of all cities in the state for educational attainment. This is 14% higher than the state rate of 38.8%. Nationally, 35.0% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 91.4%.
Data Sources & Methodology
All demographic data for Richfield city, Minnesota is sourced from the U.S. Census Bureau's American Community Survey (ACS) 5-Year Estimates (2019-2023). The ACS collects data from approximately 3.5 million households annually, providing reliable estimates for communities of all sizes. Comparisons are made against Minnesota state averages and national averages calculated from the same dataset. Rankings reflect the city's position among all 913 Census-designated places in Minnesota. For official data, visit data.census.gov.
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Frequently Asked Questions
What is the population of Richfield city, Minnesota?
Richfield city, Minnesota has a population of 36,725 according to the most recent U.S. Census ACS 5-Year Estimates.
What is the median household income in Richfield city, MN?
The median household income in Richfield city is $84,055, which is 7% higher the national median of $78,538.
What is the poverty rate in Richfield city, MN?
The poverty rate in Richfield city is 7.3%. This means approximately 2,658 residents live below the federal poverty line.
What is the racial makeup of Richfield city, Minnesota?
Richfield city's population is 61.1% White, 9.8% Black, 18.4% Hispanic/Latino, and 6.2% Asian.
What is the median home value in Richfield city, MN?
The median home value in Richfield city is $320,400. The home-value-to-income ratio is 3.8x.
How educated is Richfield city, Minnesota?
44.3% of adults (25+) in Richfield city hold a bachelor's degree or higher, and 13.0% hold a graduate or professional degree.