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Richmond village, Ohio Demographics & Population 2026

Very AffordableHome value to income ratio of 1.9x is exceptionally low

As of 2026, Richmond village, Ohio has a total population of 534, the 870th largest city in Ohio, with a median household income of $61,250, which is 12% lower than the state average. The poverty rate is 6.6%.

Key Takeaways

Richmond village Quick Facts

Population 534
Median Household Income $61,250
Median Home Value $119,100
Poverty Rate 6.6%
Unemployment Rate 1.2%
Median Age 58.5 years
Homeownership Rate 73.4%
Affordability Ratio 1.9x
Bachelor's Degree or Higher 11.1%
High School Graduation Rate 92.7%
Diversity Index 4/100
Population 534 870th of 1,264
Median Income $61,250 average
Poverty Rate 6.6% 47% lower national
Median Home Value $119,100 below average

How Richmond village Compares

Economy & Housing

Employment

1.2% Unemployment Rate State: 4.9% | National: 5.2%
50.9% Labor Force Participation

Housing Overview

Owner 73.4%
Renter 26.6%
Affordability Index Very Affordable
1.9x home value to income ratio

People & Demographics

Diversity Index

4out of 100
Very Low Diversity

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

State average: 39 | National average: 60

Education

Richmond village Rankings in Ohio

#870 Population of 1,264
#692 Median Income of 1,264
#936 Education of 1,264
#801 Home Value of 1,264

Cities Similar to Richmond village

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

CityPopulationMedian IncomeHome ValueBachelor's+Poverty
Polk village535$63,438$122,30011.7%27.6%
Pleasant City village545$61,607$88,5003.8%9.5%
Hamler village536$63,750$116,50017.6%19.1%
Gettysburg village538$63,594$106,30012.0%5.2%
Chippewa Park CDP519$61,321$115,90013.4%11.0%

Population Overview

Richmond village is a small community located in Ohio. The total population is 534. It ranks as the 870th most populous out of 1,264 cities and towns in Ohio.

Age Demographics

The median age in Richmond village is 58.5 years. This is 48% higher than the state median of 39.6 years. Only 10.1% of residents are under 18, indicating fewer families with children. 12.0% 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 village is $61,250. This is 12% lower than the state median of $69,680. Compared to the national median of $78,538, household income here is 22% lower. The poverty rate stands at 6.6%. This is 51% lower than the state poverty rate of 13.2%. The unemployment rate is 1.2%. This is 75% lower than the state rate of 4.9%. The median home value is $119,100. Housing costs are 40% lower than the state median of $199,200. With a home-value-to-income ratio of just 1.9x, Richmond village is one of the most affordable housing markets in the area. 73.4% of occupied housing units are owner-occupied. This homeownership rate is 10% higher than the state average of 67.0%.

Race & Ethnicity

Richmond village has a predominantly White (non-Hispanic) population, comprising 97.8% of all residents. Hispanic or Latino residents account for 0.9%. The Hispanic or Latino population (0.9%) is well below the state average of 4.6%. The Asian population (0.2%) is well below the state average of 2.4%.

Education

11.1% of residents aged 25 and older hold a bachelor's degree or higher. This is 64% lower than the state rate of 30.9%. Nationally, 35.0% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 92.7%.

Data Sources & Methodology

All demographic data for Richmond village, Ohio 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 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. For official data, visit data.census.gov.

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Frequently Asked Questions

What is the population of Richmond village, Ohio?

Richmond village, Ohio has a population of 534 according to the most recent U.S. Census ACS 5-Year Estimates.

What is the median household income in Richmond village, OH?

The median household income in Richmond village is $61,250, which is 22% lower the national median of $78,538.

What is the poverty rate in Richmond village, OH?

The poverty rate in Richmond village is 6.6%. This means approximately 35 residents live below the federal poverty line.

What is the racial makeup of Richmond village, Ohio?

Richmond village's population is 97.8% White, 0.0% Black, 0.9% Hispanic/Latino, and 0.2% Asian.

What is the median home value in Richmond village, OH?

The median home value in Richmond village is $119,100. The home-value-to-income ratio is 1.9x.

How educated is Richmond village, Ohio?

11.1% of adults (25+) in Richmond village hold a bachelor's degree or higher, and 0.7% hold a graduate or professional degree.