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New Richmond, Wisconsin Demographics & Population 2026

During the 2020–2024 ACS period, New Richmond, Wisconsin had a total population of 10,539, the 94th largest city in Wisconsin, with a median household income of $88,157, which is 14% higher than the state average. The poverty rate is 10.5%.

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

New Richmond Quick Facts

Population 10,539
Median Household Income $88,157
Median Home Value $285,100
Poverty Rate 10.5%
Unemployment Rate 2.9%
Median Age 38.0 years
Homeownership Rate 62.1%
Affordability Ratio 3.2x
Bachelor's Degree or Higher 34.2%
High School Graduation Rate 97.0%
Diversity Index 22/100
Population 10,539 94th of 808
Median Income $88,157 top 30%
Poverty Rate 10.5% 15% lower than national
Median Home Value $285,100 top 30%

How New 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
Population10,33410,539+2.0%
Median household income$87,500$88,157+0.8%
Median home value$269,000$285,100+6.0%

How New Richmond Compares

Economy & Housing

Household Income Distribution

Under $25K 12.4%
$25K-$50K 9.2%
$50K-$100K 34.6%
$100K+ 43.7%
Detailed income brackets
Under $10K
3.2%
$10K-$15K
4.4%
$15K-$20K
2.8%
$20K-$25K
2.1%
$25K-$30K
1.8%
$30K-$35K
1.2%
$35K-$40K
2.3%
$40K-$45K
0.6%
$45K-$50K
3.3%
$50K-$60K
8.6%
$60K-$75K
13.8%
$75K-$100K
12.3%
$100K-$125K
15.1%
$125K-$150K
7.3%
$150K-$200K
14.6%
$200K+
6.7%

Employment

2.9% Unemployment Rate State: 3.3%|National: 5.2%
69.1% Labor Force Participation

Housing Overview

Owner 62.1%
Renter 37.9%
Affordability Index Affordable
3.2x home value to income ratio
Median gross rent $1,168/mo 15.9% of median household income annually

People & Demographics

Diversity Index

22out of 100
Very Low Diversity

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

State average: 37 | National average: 61

Education

New Richmond Rankings in Wisconsin

#94 Population of 808
#180 Median Income of 788
#169 Education of 808
#173 Home Value of 799

Other Cities in St. Croix County

CityPopulationMedian IncomePovertyHome Value
River Falls 16,719 $83,627 15.1% $327,600
Hudson 14,959 $93,937 6.2% $392,700
Baldwin 4,342 $77,179 9.7% $273,500
North Hudson 3,819 $122,647 4.2% $385,300
Somerset 3,208 $80,395 14.8% $286,600
Hammond 1,960 $82,721 17.4% $262,200
Roberts 1,858 $93,400 10.5% $288,000
Woodville 1,424 $80,104 7.4% $220,300
Spring Valley 1,290 $69,750 6.6% $198,900
Glenwood City 1,260 $72,917 12.2% $176,700

Cities Similar to New Richmond

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

CityPopulationMedian IncomeHome ValueBachelor's+Poverty
Hartland9,972$87,754$393,10046.7%5.2%
Burlington10,987$83,419$276,60028.8%7.0%
Hobart10,610$103,440$414,00050.6%4.2%
Elkhorn10,221$77,649$273,60030.1%7.6%
Little Chute11,754$87,538$245,80028.2%5.7%

Population Overview

New Richmond is a small city located in Wisconsin, within St. Croix County. The total population is 10,539. It ranks as the 94th most populous out of 808 Census-designated places in Wisconsin.

Age Demographics

The median age in New Richmond is 38.0 years. This is 5% lower than the state median of 40.2 years.

Economy, Income & Housing

The median household income in New Richmond is $88,157. This is 14% higher than the state median of $77,485. It is also 9% higher than the national median of $80,734. The poverty rate stands at 10.5%. This is about the same as the state poverty rate of 10.5%. The unemployment rate is 2.9%. This is 11% lower than the state rate of 3.3%. The median home value is $285,100. Housing costs are 7% higher than the state median of $266,500. The home-value-to-income ratio is 3.2x. 62.1% of occupied housing units are owner-occupied. This homeownership rate is 8% lower than the state average of 67.8%.

Race & Ethnicity

New Richmond has a predominantly White (non-Hispanic) population, comprising 88.0% of all residents. Hispanic or Latino residents account for 2.5%. The Black or African American population (1.5%) is well below the state average of 5.9%. The Hispanic or Latino population (2.5%) is well below the state average of 8.0%. The Asian population (0.1%) is well below the state average of 2.9%.

Education

34.2% of residents aged 25 and older hold a bachelor's degree or higher. This is 2% higher than the state rate of 33.4%. Nationally, 35.7% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 97.0%.

Data Sources & Methodology

All demographic data for New Richmond, Wisconsin 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 Wisconsin state averages and national averages calculated from the same dataset. Rankings reflect the city's position among all 808 Census-designated places in Wisconsin. 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 New Richmond, Wisconsin?

New Richmond, Wisconsin has a population of 10,539 according to the most recent U.S. Census ACS 5-Year Estimates.

What is the median household income in New Richmond, WI?

The median household income in New Richmond is $88,157, which is 9% higher than the national median of $80,734.

What is the poverty rate in New Richmond, WI?

The poverty rate in New Richmond is 10.5%. This means approximately 1,069 residents live below the federal poverty line.

What is the racial makeup of New Richmond, Wisconsin?

New Richmond's population is 88.0% White, 1.5% Black, 2.5% Hispanic/Latino, and 0.1% Asian.

What is the median home value in New Richmond, WI?

The median home value in New Richmond is $285,100. The home-value-to-income ratio is 3.2x.

How educated is New Richmond, Wisconsin?

34.2% of adults (25+) in New Richmond hold a bachelor's degree or higher, and 10.8% hold a graduate or professional degree.