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Richmond city, Minnesota Demographics & Population 2026

As of 2026, Richmond city, Minnesota has a total population of 1,336, the 311th largest city in Minnesota, with a median household income of $67,381, which is 23% lower than the state average. The poverty rate is 10.2%.

Key Takeaways

Richmond city Quick Facts

Population 1,336
Median Household Income $67,381
Median Home Value $225,500
Poverty Rate 10.2%
Unemployment Rate 1.8%
Median Age 39.7 years
Homeownership Rate 87.8%
Affordability Ratio 3.3x
Bachelor's Degree or Higher 17.4%
High School Graduation Rate 92.3%
Diversity Index 19/100
Population 1,336 311th of 913
Median Income $67,381 average
Poverty Rate 10.2% 18% lower national
Median Home Value $225,500 above average

How Richmond city Compares

Economy & Housing

Employment

1.8% Unemployment Rate State: 3.9% | National: 5.2%
71.8% Labor Force Participation

Housing Overview

Owner 87.8%
Renter 12.2%
Affordability Index Affordable
3.3x home value to income ratio

People & Demographics

Diversity Index

19out of 100
Very Low Diversity

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

State average: 40 | National average: 60

Education

Richmond city Rankings in Minnesota

#311 Population of 913
#434 Median Income of 913
#539 Education of 913
#271 Home Value of 913

Other Cities in Stearns County

CityPopulationMedian IncomePovertyHome Value
St. Cloud city 69,926 $61,112 18.5% $212,800
Sartell city 19,620 $77,465 8.1% $278,000
St. Anthony city (Hennepin and Ramsey Counties) 9,516 $97,784 3.5% $365,700
Waite Park city 8,341 $56,884 24.1% $217,000
St. Joseph city 7,024 $75,217 21.6% $240,300
Sauk Centre city 4,589 $65,763 15.4% $196,000
Cold Spring city 4,201 $72,022 9.9% $242,000
Melrose city 3,608 $58,107 8.6% $198,300
St. Augusta city 3,576 $116,384 4.2% $323,400
Albany city 2,800 $75,417 3.6% $226,000

Cities Similar to Richmond city

These cities in the same state have comparable population and economic profiles.

CityPopulationMedian IncomeHome ValueBachelor's+Poverty
Fulda city1,348$68,056$155,10018.3%7.1%
Winthrop city1,275$67,375$157,40019.5%8.7%
Hayfield city1,382$69,688$173,00017.6%12.3%
Dassel city1,332$59,750$218,90021.3%12.5%
Preston city1,315$60,438$169,60027.6%13.5%

Population Overview

Richmond city is a small community located in Minnesota, within Stearns County. The total population is 1,336. It ranks as the 311th most populous out of 913 cities and towns in Minnesota.

Age Demographics

The median age in Richmond city is 39.7 years. This is 3% higher than the state median of 38.6 years. 10.6% of residents are 75 or older, suggesting a significant retirement-age population with implications for healthcare services and senior housing.

Economy, Income & Housing

The median household income in Richmond city is $67,381. This is 23% lower than the state median of $87,556. Compared to the national median of $78,538, household income here is 14% lower. The poverty rate stands at 10.2%. This is 11% higher than the state poverty rate of 9.2%. The unemployment rate is 1.8%. This is 53% lower than the state rate of 3.9%. The median home value is $225,500. Housing costs are 26% lower than the state median of $305,500. The home-value-to-income ratio is 3.3x. 87.8% of occupied housing units are owner-occupied. This homeownership rate is 21% higher than the state average of 72.4%.

Race & Ethnicity

Richmond city has a predominantly White (non-Hispanic) population, comprising 89.2% of all residents. Hispanic or Latino residents account for 9.8%. The Hispanic or Latino population is significantly higher than the state average (9.8% vs 6.2%).

Education

17.4% of residents aged 25 and older hold a bachelor's degree or higher. This is 55% lower 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 92.3%.

Data Sources & Methodology

All demographic data for Richmond 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 Richmond city, Minnesota?

Richmond city, Minnesota has a population of 1,336 according to the most recent U.S. Census ACS 5-Year Estimates.

What is the median household income in Richmond city, MN?

The median household income in Richmond city is $67,381, which is 14% lower the national median of $78,538.

What is the poverty rate in Richmond city, MN?

The poverty rate in Richmond city is 10.2%. This means approximately 135 residents live below the federal poverty line.

What is the racial makeup of Richmond city, Minnesota?

Richmond city's population is 89.2% White, 0.0% Black, 9.8% Hispanic/Latino, and 0.0% Asian.

What is the median home value in Richmond city, MN?

The median home value in Richmond city is $225,500. The home-value-to-income ratio is 3.3x.

How educated is Richmond city, Minnesota?

17.4% of adults (25+) in Richmond city hold a bachelor's degree or higher, and 4.4% hold a graduate or professional degree.