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Richmond, Vermont Demographics & Population 2026

During the 2020–2024 ACS period, Richmond, Vermont had a total population of 753, the 58th largest community in Vermont, with a median household income of $71,250, which is 12% lower than the state average. The poverty rate is 4.5%.

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

Key Takeaways

Richmond Quick Facts

Population 753
Median Household Income $71,250
Median Home Value $405,600
Poverty Rate 4.5%
Unemployment Rate 0.0%
Median Age 35.7 years
Homeownership Rate 36.0%
Affordability Ratio 5.7x
Bachelor's Degree or Higher 74.6%
High School Graduation Rate 100.0%
Diversity Index 19/100
Population 753 58th of 179
Median Income $71,250 average
Poverty Rate 4.5% 64% lower than national
Median Home Value $405,600 top 20%

How Richmond 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
Population675753+11.6%
Median household income$62,240$71,250+14.5%
Median home value$261,900$405,600+54.9%

How Richmond Compares

Economy & Housing

Household Income Distribution

Under $25K 6.2%
$25K-$50K 29.2%
$50K-$100K 27.3%
$100K+ 37.3%
Detailed income brackets
Under $10K
3.1%
$10K-$15K
3.1%
$15K-$20K
0.0%
$20K-$25K
0.0%
$25K-$30K
0.0%
$30K-$35K
9.9%
$35K-$40K
3.4%
$40K-$45K
0.0%
$45K-$50K
15.8%
$50K-$60K
0.0%
$60K-$75K
14.6%
$75K-$100K
12.7%
$100K-$125K
2.2%
$125K-$150K
11.5%
$150K-$200K
18.6%
$200K+
5.0%

Employment

0.0% Unemployment Rate State: 3.6%|National: 5.2%
79.1% Labor Force Participation

Housing Overview

Owner 36.0%
Renter 64.0%
Affordability Index Expensive
5.7x home value to income ratio
Median gross rent $1,875/mo 31.6% of median household income annually

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: 19 | National average: 61

Education

Richmond Rankings in Vermont

#58 Population of 179
#75 Median Income of 157
#13 Education of 179
#22 Home Value of 165

Other Cities in Chittenden County

CityPopulationMedian IncomePovertyHome Value
Burlington 44,675 $71,109 20.4% $444,800
South Burlington 20,756 $106,667 7.2% $443,400
Essex Junction 10,803 $89,257 9.5% $407,500
Winooski 8,293 $79,522 13.8% $381,500
Shelburne 6,499 $109,583 10.0% $553,200
Milton 3,555 $77,550 10.1% $337,600
Jericho 1,346 $89,740 1.5% $480,400
Hinesburg 733 $54,661 22.8% $379,400
Huntington 516 $76,667 8.5% $276,800
Underhill Flats 434 $65,625 3.2% $326,900

Cities Similar to Richmond

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

CityPopulationMedian IncomeHome ValueBachelor's+Poverty
Castleton Four Corners732N/A$159,30037.1%12.9%
Derby Line783$71,518$201,00035.2%7.3%
Jeffersonville718$71,875$319,60047.1%12.0%
Manchester676$74,659$511,40057.8%12.3%
Hinesburg733$54,661$379,40033.6%22.8%

A note before these figures: with a population of 753, Richmond's ACS estimates come from a small number of survey responses and carry wide margins of error. Individual percentages below — particularly rates that round to 0% or 100% — are approximations, not precise measurements. See data.census.gov for the published margins of error.

Population Overview

Richmond is a small community located in Vermont, within Chittenden County. The total population is 753. It ranks as the 58th most populous out of 179 Census-designated places in Vermont.

Age Demographics

The median age in Richmond is 35.7 years. This is 17% lower than the state median of 43.1 years. With 28.0% of the population under 18, Richmond has a notably young demographic profile, suggesting a family-oriented community.

Economy, Income & Housing

The median household income in Richmond is $71,250. This is 12% lower than the state median of $81,203. It is also 12% lower than the national median of $80,734. The poverty rate stands at 4.5%. This is 55% lower than the state poverty rate of 10.1%. This exceptionally low poverty rate indicates strong economic prosperity across the community. The survey records no unemployed residents in Richmond, which reflects the size of the sample rather than a labor market without joblessness. The median home value is $405,600. Housing costs are 28% higher than the state median of $316,600. The home-value-to-income ratio is 5.7x. 36.0% of occupied housing units are owner-occupied. This homeownership rate is 51% lower than the state average of 73.2%.

Race & Ethnicity

Richmond has a predominantly White (non-Hispanic) population, comprising 89.9% of all residents. Asian residents account for 6.4%. The Asian population is significantly higher than the state average (6.4% vs 1.8%).

Education

74.6% of residents aged 25 and older hold a bachelor's degree or higher. This places Richmond in the top 10% of all cities in the state for educational attainment. This is 70% higher than the state rate of 43.8%. Nationally, 35.7% of adults hold at least a bachelor's degree. No surveyed resident aged 25 or older reported leaving school before earning a high school diploma, though a rate of exactly 100% reflects the limits of a small sample. Notably, 36.8% of adults hold a graduate or professional degree, indicating a highly educated workforce.

Data Sources & Methodology

All demographic data for Richmond, Vermont 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 Vermont state averages and national averages calculated from the same dataset. Rankings reflect the city's position among all 179 Census-designated places in Vermont. 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, Vermont?

Richmond, Vermont has a population of 753 according to the most recent U.S. Census ACS 5-Year Estimates.

What is the median household income in Richmond, VT?

The median household income in Richmond is $71,250, which is 12% lower than the national median of $80,734.

What is the poverty rate in Richmond, VT?

The poverty rate in Richmond is 4.5%. This means approximately 34 residents live below the federal poverty line.

What is the racial makeup of Richmond, Vermont?

Richmond's population is 89.9% White, 0.0% Black, 2.9% Hispanic/Latino, and 6.4% Asian.

What is the median home value in Richmond, VT?

The median home value in Richmond is $405,600. The home-value-to-income ratio is 5.7x.

How educated is Richmond, Vermont?

74.6% of adults (25+) in Richmond hold a bachelor's degree or higher, and 36.8% hold a graduate or professional degree.