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Richfield, Ohio Demographics & Population 2026

During the 2020–2024 ACS period, Richfield, Ohio had a total population of 3,721, the 350th largest village in Ohio, with a median household income of $82,560, which is 16% higher than the state average. The poverty rate is 4.4%.

Data vintage: U.S. Census Bureau ACS 2020–2024 5-Year Estimates · refreshed July 2026 · Methodology & source notes

Key Takeaways

Richfield Quick Facts

Population 3,721
Median Household Income $82,560
Median Home Value $333,900
Poverty Rate 4.4%
Unemployment Rate 3.8%
Median Age 55.0 years
Homeownership Rate 84.5%
Affordability Ratio 4.0x
Bachelor's Degree or Higher 46.2%
High School Graduation Rate 97.6%
Diversity Index 27/100
Population 3,721 350th of 1,264
Median Income $82,560 top 30%
Poverty Rate 4.4% 65% lower than national
Median Home Value $333,900 top 10%

How Richfield 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
Population3,7113,721+0.3%
Median household income$78,426$82,560+5.3%
Median home value$292,000$333,900+14.3%

How Richfield Compares

Economy & Housing

Household Income Distribution

Under $25K 9.9%
$25K-$50K 11.3%
$50K-$100K 33.7%
$100K+ 45.1%
Detailed income brackets
Under $10K
3.6%
$10K-$15K
0.6%
$15K-$20K
0.8%
$20K-$25K
4.9%
$25K-$30K
1.2%
$30K-$35K
6.5%
$35K-$40K
1.3%
$40K-$45K
1.1%
$45K-$50K
1.2%
$50K-$60K
18.8%
$60K-$75K
4.9%
$75K-$100K
10.0%
$100K-$125K
3.7%
$125K-$150K
5.5%
$150K-$200K
14.7%
$200K+
21.2%

Employment

3.8% Unemployment Rate State: 4.8%|National: 5.2%
66.3% Labor Force Participation

Housing Overview

Owner 84.5%
Renter 15.5%
Affordability Index Moderate
4.0x home value to income ratio
Median gross rent $1,210/mo 17.6% of median household income annually

People & Demographics

Diversity Index

27out of 100
Low Diversity

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

State average: 41 | National average: 61

Education

Richfield Rankings in Ohio

#350 Population of 1,264
#313 Median Income of 1,191
#141 Education of 1,264
#107 Home Value of 1,206

Other Cities in Summit County

CityPopulationMedian IncomePovertyHome Value
Akron 189,247 $48,076 23.3% $122,000
Cuyahoga Falls 50,909 $72,705 10.5% $183,300
Stow 34,240 $93,727 5.2% $248,000
Green 27,393 $95,047 7.1% $280,200
Barberton 24,844 $52,267 15.6% $135,200
Hudson 23,039 $171,427 3.7% $466,500
Twinsburg 19,410 $99,144 4.2% $318,800
Tallmadge 18,335 $89,410 5.0% $232,500
New Franklin 13,843 $90,244 6.1% $214,300
Macedonia 12,152 $101,285 4.1% $308,500

Cities Similar to Richfield

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

CityPopulationMedian IncomeHome ValueBachelor's+Poverty
Mogadore3,806$82,557$181,90027.7%8.6%
Yellow Springs3,711$85,982$332,00063.5%8.4%
Wintersville3,677$76,768$141,10024.8%8.1%
Mulberry3,821$75,969$219,60029.0%6.6%
Ballville3,929$84,896$195,30027.2%5.0%

Population Overview

Richfield is a small community located in Ohio, within Summit County. The total population is 3,721. It ranks as the 350th most populous out of 1,264 Census-designated places in Ohio.

Age Demographics

The median age in Richfield is 55.0 years. This is 39% higher than the state median of 39.7 years. 10.1% 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 Richfield is $82,560. This is 16% higher than the state median of $71,389. It is also 2% higher than the national median of $80,734. The poverty rate stands at 4.4%. This is 67% lower than the state poverty rate of 13.3%. This exceptionally low poverty rate indicates strong economic prosperity across the community. The unemployment rate is 3.8%. This is 21% lower than the state rate of 4.8%. The median home value is $333,900. Housing costs are 55% higher than the state median of $214,800. The home-value-to-income ratio is 4.0x. 84.5% of occupied housing units are owner-occupied. This homeownership rate is 26% higher than the state average of 67.2%.

Race & Ethnicity

Richfield has a predominantly White (non-Hispanic) population, comprising 85.1% of all residents. Asian residents account for 3.1%. The Black or African American population (2.8%) is well below the state average of 12.0%. The Hispanic or Latino population (0.6%) is well below the state average of 4.8%.

Education

46.2% of residents aged 25 and older hold a bachelor's degree or higher. This is 47% higher than the state rate of 31.5%. Nationally, 35.7% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 97.6%. Notably, 21.8% of adults hold a graduate or professional degree, indicating a highly educated workforce.

Data Sources & Methodology

All demographic data for Richfield, Ohio 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 Ohio state averages and national averages calculated from the same dataset. Rankings reflect the city's position among all 1,264 Census-designated places in Ohio. 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 Richfield, Ohio?

Richfield, Ohio has a population of 3,721 according to the most recent U.S. Census ACS 5-Year Estimates.

What is the median household income in Richfield, OH?

The median household income in Richfield is $82,560, which is 2% higher than the national median of $80,734.

What is the poverty rate in Richfield, OH?

The poverty rate in Richfield is 4.4%. This means approximately 159 residents live below the federal poverty line.

What is the racial makeup of Richfield, Ohio?

Richfield's population is 85.1% White, 2.8% Black, 0.6% Hispanic/Latino, and 3.1% Asian.

What is the median home value in Richfield, OH?

The median home value in Richfield is $333,900. The home-value-to-income ratio is 4.0x.

How educated is Richfield, Ohio?

46.2% of adults (25+) in Richfield hold a bachelor's degree or higher, and 21.8% hold a graduate or professional degree.