Median Income
$75,750
household / year
Median Home Value
$80,000
owner-occupied
Median Rent
N/A
gross / month
Cost of Living
N/A
national avg = 100

Is New Richmond, IN a Good Place to Live?

New Richmond is a small town of 407 in Indiana, with a median household income of $75,750 and a 4.6% unemployment rate.

Strengths: New Richmond stands out for below-average home prices.

Trade-offs: Potential downsides include longer commutes. Whether New Richmond is right for you depends on your priorities — the full breakdown is below.

All New Richmond city data on this page comes from official government sources — the US Census Bureau, FBI, NCES, BEA, and NOAA — updated annually.

Cost of Living

Cost of living data is based on the Bureau of Economic Analysis Regional Price Parities for the New Richmond metro area.

Metric New Richmond, IN National Avg
Median Home Value $80,000 $244,900
Median Monthly Rent N/A $1,163
Homeownership Rate 94.3% 65.9%
Median Household Income $75,750 $74,755

Crime & Safety

Very Safe

New Richmond's violent crime rate is 135.6 per 100,000 residents — 64% lower than the national average of ~380 per 100,000.

Violent Crime
135.6 /100k
Property Crime
602.5 /100k

Vertical marker = national average. Source: FBI UCR Program.

Schools & Education

Metric New Richmond, IN National Avg
School District N/A
Elementary Schools N/A
Middle Schools N/A
High Schools N/A
Student/Teacher Ratio N/A 16:1
Bachelor's Degree or Higher 12.3% 35.4%
High School Diploma or Higher 80.6% 91.1%

Weather & Climate

New Richmond sees average highs of 33.2°F in January and 83.6°F in July, with 39.8 inches of annual precipitation and 20.5 inches of snow per year.

MetricNew Richmond, IN
Average High — January33.2°F
Average High — July83.6°F
Annual Precipitation39.8"
Annual Snowfall20.5"

Demographics

MetricNew Richmond, INNational Avg
Population407
Median Age37.538.9
Unemployment Rate4.6%3.7%
Avg Commute Time44.3 min26 min
White (non-Hispanic)95.1%59.3%
Black or African American1.2%13.6%
Hispanic or Latino0.0%18.9%
Asian2.2%6.3%
Under 1828.7%22.2%
65 and over15.0%16.8%

Nearby Cities

ZIP Codes in New Richmond

New Richmond, IN is covered by 1 ZIP code:

New Richmond vs Other Cities

Frequently Asked Questions

New Richmond has a median home value of $80,000 and median rent of N/A/month against a median household income of $75,750.
New Richmond's violent crime rate is 135.6 per 100,000 residents — the national average is ~380 per 100,000. Property crime is 602.5 per 100,000 (national avg ~2,100). Data from the FBI Uniform Crime Reporting Program.
School district information is sourced from NCES Common Core of Data.
New Richmond, IN has a population of 407, a median household income of $75,750, and an unemployment rate of 4.6%. Whether it's right for you depends on your priorities — use the compare tool above to stack it against another city you're considering.
New Richmond averages 33.2°F in January and 83.6°F in July. Annual rainfall is 39.8 inches with about 20.5 inches of snow per year. Based on NOAA 30-year climate normals (1991–2020).
New Richmond, IN is covered by 1 ZIP code: 47967.
The population of New Richmond, Indiana is 407 with a median age of 37.5. Source: US Census ACS 5-Year Estimates.
Key numbers for living in New Richmond: median home $80,000, median household income $75,750, crime index 33 (100 = US average, lower is safer). Whether these are benefits or drawbacks depends on where you're coming from — compare New Richmond side by side with your current city to see the trade-offs.