Indiana / Wayne County

Moving to Richmond, IN

Thinking of making a move to Richmond, IN? Get helpful local information about living costs, neighborhoods, schools, weather, housing, DMV details, and practical relocation details before you plan your move.

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Everything You Should Know Before Moving to Richmond, IN

Considering a move to Richmond, IN? This welcoming community of 35,720 residents offers a blend of suburban charm and convenience, with median home prices around $90,400 and average rents near $760. Commute times average 18 minutes and public transport is accessible, making it great for professionals. The area boasts low violent crime, strong schools, and plenty of sunny days (54% annually), ideal for families and commuters alike. Explore Richmond's cost of living, education, and friendly neighborhoods to see if it's the right fit for your next move.

Demographics - Richmond, IN

Richmond has a population of 35,720 residents, offering a diverse community with a median age of nearly 40 and a balanced gender ratio. The area features a strong blend of backgrounds, with about 83% White, 9% Black, and 1% Asian residents, and over 5% speaking a language other than English at home. Its high population density contributes to a lively suburban atmosphere.

Population
35,720
Density
1,770 per sq mi
Median Age
39.9
Gender Ratio
92 males per 100 females
Non-English Speakers Percentage
4.7%

Ethnic Composition

White
82.8%
Black
9.1%
Asian
1.0%
Others
7.1%

Cost Of Living

What is the average cost of living in Richmond, IN?

The cost of living in Richmond is higher than the national average, with a cost of living index of 75.2. Median home values are around $90,400 and average rents for a two-bedroom apartment are approximately $760. Utilities, groceries, and transportation costs are also elevated, reflecting the area's desirable location and amenities.

Median House Value
$90,400
Gross Rent
$760
Monthly Electricity Charges
$125
Auto Insurance
$1,090
House Owner Cost With Mortgage
$1,110
House Owner Cost Without Mortgage
$390
State Taxes
Low: 3.23%| High: 5.75%
Cost Of Living Index
75.2
Grocery
92.1
Housing
41.6
Utilities
94.2
Transportation
83.5
Health Care
91.5
Miscellaneous
78.3

Crime

Is Richmond, IN a safe place to live?

Richmond is considered a safe community, with a low violent crime rate of 612 incidents per 100,000 residents and a property crime chance of 1 in 30. Most residents enjoy peace of mind, making it an attractive choice for families. The crime index remains below many urban areas in Indiana.

Violent Crimes Per 100k
612
Property Crimes Per 100k
3,349
Crime Index
3,961
Chance Of Violent Crime
1 in 163
Chance Of Property Crime
1 in 30

Weather

What is the weather like in Richmond, IN year-round?

Richmond experiences four distinct seasons, with warm summers reaching highs of 84°F and cold winters dipping to 20°F. The area receives about 41 inches of rainfall annually and enjoys sunshine on 54% of days. This climate offers residents a balanced mix of outdoor opportunities year-round.

Winter

Min
20°F
Max
36°F

Summer

Min
62°F
Max
84°F

Spring

Min
42°F
Max
65°F

Fall

Min
44°F
Max
67°F
Average Rainfall Inches
40.6 inches
Sunny Days Percentage
54%

Neighbors

The neighborhood boasts a healthy median household income of $39,758 and a low poverty rate of 22.5%. Over 86% of residents have at least a high school diploma, and nearly 17% hold a bachelor's degree or higher. Commute times average 18 minutes, and almost 1% use public transportation, reflecting the area's accessibility and educated population.

Median Income
$24,700
Household Income
$39,758
Family Income
$49,600
Per Capita Income
$22,200
Income Male
$28,900
Income Female
$21,300
Poverty Rate
22.5%
Non English Speakers
4.7%
Rent
$760
Unemployment Rate
4.5%
Public Transport Usage
0.6%
Commute Time
17.9 minutes

Education

High School or Higher
86.4%
Bachelors or More
16.7%

Education

How are the schools in Richmond, IN?

Richmond offers quality education options, with public schools like Richmond High School and Test Intermediate School known for favorable student-to-teacher ratios. Families also have access to private schools and several nearby colleges, including Earlham College and Indiana University East. The community is committed to educational excellence for all age groups.

Public Schools

Name
Richmond High School
Street
380 Hub Etchison Pkwy
Phone
765-973-3424
Students
1,400
Student Teacher Ratio
17.1
Name
Test Intermediate School
Street
33 S 22nd St
Phone
765-973-3412
Students
800
Student Teacher Ratio
16.3

Private Schools

Name
Seton Catholic High School
Street
233 S 5th St
Phone
765-965-6956
Students
135

Colleges

Name
Earlham College
City
Richmond
State
IN
Distance
0 miles
Students
1,000
Name
Indiana University East
City
Richmond
State
IN
Distance
0 miles
Students
3,500

Healthcare

Richmond residents have access to quality healthcare, with major hospitals like Reid Health nearby. The community benefits from a high physician-to-resident ratio of 1.5 per 1,000 people and 91.4% health insurance coverage. Local healthcare services are reliable and comprehensive.

Major Hospitals

Name
Reid Health
Address
1100 Reid Parkway, Richmond, IN 47374
Phone
(765) 983-3000
Type
General & Surgical
Emergency Services
Yes

Healthcare Access

Physicians Per 1000
1.5
Health Insurance Coverage
91.4%
Health Care Index
69.2

Housing Market

What is the housing market like in Richmond, IN?

The local housing market is strong, with a median home price of $90,400 and an owner-occupied rate of nearly 59%. The market has seen a 4.2% appreciation over the past year, and rental vacancy rates remain moderate at 8.1%. Richmond offers a mix of stability and opportunity for both buyers and renters.

Median Home Price
$90,400
Average Rent For 2 Bedroom
$760
Owner Occupied Rate
58.5%
Rental Vacancy Rate
8.1%
Home Appreciation Rate (1yr)
4.2%
New Construction Rate
0.7%
Foreclosure Rate
0.9%

DMV Information

Residents of Richmond handle vehicle services through the Indiana Bureau of Motor Vehicles, conveniently located in Richmond. The state DMV provides driver licensing, vehicle registration, and other essential services both in person and online. Information and resources are easily accessible for new and existing residents.

State
Indiana
Department
Indiana Bureau of Motor Vehicles
Address
4503 National Rd E, Richmond, IN 47374
Phone
888-692-6841

Disclaimer: The information provided on this page is based on publicly available sources including AccuWeather, U.S. Census Bureau, local government data, and third-party partners such as Neustar. While we strive to ensure accuracy, all data is provided “as is” and should be independently verified before making any decisions. Movers.com makes no guarantees regarding the completeness or reliability of the information.

FAQs About Moving to Richmond, IN

Answers use the same city data shown on this page, including costs, housing, schools, safety, weather, healthcare, and DMV details.

Before moving to Richmond, review the core fields on this page: population 35,720, median home value $90,400, average rent for 2 bedroom $760, commute time 17.9 minutes, and sunny days percentage 54%.

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