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.
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.