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 35,200 residents offers a blend of suburban charm and convenience, with median home prices around $158,000 and average rents near $860. Commute times average 21 minutes and public transport is accessible, making it great for professionals. The area boasts low violent crime, strong schools, and plenty of sunny days (53% 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 35,200 residents, offering a diverse community with a median age of nearly 37 and a balanced gender ratio. The area features a strong blend of backgrounds, with about 77% White, 16% Black, and 2% Asian residents, and over 5% speaking a language other than English at home. Its high population density contributes to a lively suburban atmosphere.

Population
35,200
Density
2,250 per sq mi
Median Age
37.4
Gender Ratio
92 males per 100 females
Non-English Speakers Percentage
4.6%

Ethnic Composition

White
77.0%
Black
15.5%
Asian
1.8%
Others
5.7%

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 81.5. Median home values are around $158,000 and average rents for a two-bedroom apartment are approximately $860. Utilities, groceries, and transportation costs are also elevated, reflecting the area's desirable location and amenities.

Median House Value
$158,000
Gross Rent
$860
Monthly Electricity Charges
$128
Auto Insurance
$1,720
House Owner Cost With Mortgage
$1,190
House Owner Cost Without Mortgage
$410
State Taxes
Low: 3.15%| High: 3.15%
Cost Of Living Index
81.5
Grocery
92.0
Housing
58.0
Utilities
96.0
Transportation
89.0
Health Care
94.0
Miscellaneous
87.0

Crime

Is Richmond, IN a safe place to live?

Richmond is considered a safe community, with a low violent crime rate of 410 incidents per 100,000 residents and a property crime chance of 1 in 51. 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
410
Property Crimes Per 100k
1,980
Crime Index
2,390
Chance Of Violent Crime
1 in 244
Chance Of Property Crime
1 in 51

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 53% of days. This climate offers residents a balanced mix of outdoor opportunities year-round.

Winter

Min
20°F
Max
37°F

Summer

Min
64°F
Max
84°F

Spring

Min
42°F
Max
67°F

Fall

Min
45°F
Max
67°F
Average Rainfall Inches
40.5 inches
Sunny Days Percentage
53%

Neighbors

The neighborhood boasts a healthy median household income of $53,500 and a low poverty rate of 18.5%. Over 87% of residents have at least a high school diploma, and nearly 20% hold a bachelor's degree or higher. Commute times average 21 minutes, and almost 3% use public transportation, reflecting the area's accessibility and educated population.

Median Income
$31,500
Household Income
$53,500
Family Income
$66,200
Per Capita Income
$27,100
Income Male
$40,200
Income Female
$31,000
Poverty Rate
18.5%
Non English Speakers
8.1%
Rent
$860
Unemployment Rate
4.8%
Public Transport Usage
2.6%
Commute Time
20.7 minutes

Education

High School or Higher
87.0%
Bachelors or More
19.5%

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 Indiana University East and Vincennes University Wayne County Center. The community is committed to educational excellence for all age groups.

Public Schools

Name
Richmond High School
Street
380 Hub Etchison Pkwy
Phone
765-973-3318
Students
1,400
Student Teacher Ratio
14.9
Name
Test Intermediate School
Street
715 S 10th St
Phone
765-973-3410
Students
520
Student Teacher Ratio
13.8

Private Schools

Name
Seton Catholic High School
Street
240 S 6th St
Phone
765-962-8838
Students
170

Colleges

Name
Indiana University East
City
Richmond
State
IN
Distance
3 miles
Students
3,300
Name
Vincennes University Wayne County Center
City
Richmond
State
IN
Distance
2 miles
Students
400

Healthcare

Richmond residents have access to quality healthcare, with major hospitals like Reid Health and Hancock Regional Hospital nearby. The community benefits from a high physician-to-resident ratio of 1.8 per 1,000 people and 91.0% health insurance coverage. Local healthcare services are reliable and comprehensive.

Major Hospitals

Name
Reid Health
Address
1100 Reid Pkwy, Richmond, IN 47374
Phone
(765) 983-3000
Type
General & Surgical
Emergency Services
Yes
Name
Hancock Regional Hospital
Address
801 N State St, Greenfield, IN 46140
Phone
(317) 462-5544
Type
General & Surgical
Emergency Services
Yes

Healthcare Access

Physicians Per 1000
1.8
Health Insurance Coverage
91.0%
Health Care Index
67.8

Housing Market

What is the housing market like in Richmond, IN?

The local housing market is strong, with a median home price of $158,000 and an owner-occupied rate of nearly 61%. The market has seen a 4.1% appreciation over the past year, and rental vacancy rates remain moderate at 7.1%. Richmond offers a mix of stability and opportunity for both buyers and renters.

Median Home Price
$158,000
Average Rent For 2 Bedroom
$860
Owner Occupied Rate
60.8%
Rental Vacancy Rate
7.1%
Home Appreciation Rate (1yr)
4.1%
New Construction Rate
1.2%
Foreclosure Rate
0.7%

DMV Information

Residents of Richmond handle vehicle services through the Indiana Bureau of Motor Vehicles, conveniently located in Indianapolis. 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
100 N Senate Ave, Indianapolis, IN 46204
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 35,200, median home value $158,000, average rent for 2 bedroom $860, commute time 20.7 minutes, and sunny days percentage 53%.

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