Richmond, Missouri Demographics & Population 2026
During the 2020–2024 ACS period, Richmond, Missouri had a total population of 5,959, the 128th largest city in Missouri, with a median household income of $59,556, which is 16% lower than the state average. The poverty rate is 16.3%.
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 2.4x.
Richmond Quick Facts
How Richmond 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 | 5,979 | 5,959 | -0.3% |
| Median household income | $58,906 | $59,556 | +1.1% |
| Median home value | $135,500 | $142,600 | +5.2% |
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
Diversity Index
A less diverse community where one racial or ethnic group represents a large majority.
State average: 40 | National average: 61
Education
Educational Attainment (Adults 25+)
Richmond Rankings in Missouri
Explore Missouri Rankings
Other Cities in Ray County
| City | Population | Median Income | Poverty | Home Value |
|---|---|---|---|---|
| Wood Heights | 784 | $89,688 | 6.4% | $212,800 |
| Orrick | 727 | $73,000 | 7.1% | $139,600 |
| Hardin | 681 | $78,320 | 10.1% | $106,300 |
| Crystal Lakes | 436 | $69,107 | 23.4% | $152,300 |
| Henrietta | 390 | $60,417 | 24.2% | $51,400 |
| Vibbard | 244 | $94,250 | 16.0% | $289,300 |
| Homestead | 146 | $66,250 | 5.5% | $131,300 |
| Camden | 135 | $50,000 | 13.3% | $58,800 |
| Rayville | 84 | $2,499 | 69.0% | N/A |
| Fleming | 68 | $53,750 | 10.3% | $129,200 |
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 |
|---|---|---|---|---|---|
| Pevely | 6,055 | $56,000 | $219,600 | 18.4% | 17.9% |
| Sullivan | 6,310 | $63,370 | $163,200 | 18.9% | 11.5% |
| Macon | 5,466 | $61,642 | $151,800 | 22.4% | 10.5% |
| Waynesville | 5,442 | $56,836 | $200,000 | 32.0% | 16.5% |
| St. Robert | 5,356 | $62,641 | $225,300 | 32.8% | 19.2% |
Population Overview
Richmond is a small city located in Missouri, within Ray County. The total population is 5,959. It ranks as the 128th most populous out of 1,062 Census-designated places in Missouri.
Age Demographics
The median age in Richmond is 40.1 years. This is 3% higher than the state median of 39.0 years.
Economy, Income & Housing
The median household income in Richmond is $59,556. This is 16% lower than the state median of $70,702. It is also 26% lower than the national median of $80,734. The poverty rate stands at 16.3%. This is 30% higher than the state poverty rate of 12.6%. The unemployment rate is 3.6%. This is 10% lower than the state rate of 4.0%. The median home value is $142,600. Housing costs are 38% lower than the state median of $230,300. With a home-value-to-income ratio of just 2.4x, Richmond is one of the most affordable housing markets in the area. 56.9% of occupied housing units are owner-occupied. This homeownership rate is 16% lower than the state average of 68.1%.
Race & Ethnicity
Richmond has a predominantly White (non-Hispanic) population, comprising 90.9% of all residents. Hispanic or Latino residents account for 3.5%. The Black or African American population (0.6%) is well below the state average of 10.9%. The Asian population (0.6%) is well below the state average of 2.1%.
Education
13.2% of residents aged 25 and older hold a bachelor's degree or higher. This is 59% lower than the state rate of 32.4%. Nationally, 35.7% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 90.0%.
Data Sources & Methodology
All demographic data for Richmond, Missouri 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 Missouri state averages and national averages calculated from the same dataset. Rankings reflect the city's position among all 1,062 Census-designated places in Missouri. 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, Missouri?
Richmond, Missouri has a population of 5,959 according to the most recent U.S. Census ACS 5-Year Estimates.
What is the median household income in Richmond, MO?
The median household income in Richmond is $59,556, which is 26% lower than the national median of $80,734.
What is the poverty rate in Richmond, MO?
The poverty rate in Richmond is 16.3%. This means approximately 949 residents live below the federal poverty line.
What is the racial makeup of Richmond, Missouri?
Richmond's population is 90.9% White, 0.6% Black, 3.5% Hispanic/Latino, and 0.6% Asian.
What is the median home value in Richmond, MO?
The median home value in Richmond is $142,600. The home-value-to-income ratio is 2.4x.
How educated is Richmond, Missouri?
13.2% of adults (25+) in Richmond hold a bachelor's degree or higher, and 4.6% hold a graduate or professional degree.