Median Income
$60,000
household / year
Median Home Value
$178,800
owner-occupied
Median Rent
$689
gross / month
Cost of Living
88
national avg = 100

Is Richmond, LA a Good Place to Live?

Richmond is a small town of 509 in Louisiana, with a median household income of $60,000 and a 0.7% unemployment rate. Its cost of living index is 88 (US average = 100), which is 12% below the national average.

Strengths: Richmond stands out for an affordable cost of living, below-average home prices, short average commutes.

Trade-offs: No major red flags stand out in the available data. Whether Richmond is right for you depends on your priorities — the full breakdown is below.

All 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

Index: 88.0

Richmond's overall cost of living index is 88.0, where 100 represents the US national average. Living in Richmond costs roughly 12% less than the average American city.

Metric Richmond, LA National Avg
Median Home Value $178,800 $244,900
Median Monthly Rent $689 $1,163
Homeownership Rate 76.2% 65.9%
Median Household Income $60,000 $74,755

Crime & Safety

Very Safe

Richmond's violent crime rate is 237.4 per 100,000 residents — 38% lower than the national average of ~380 per 100,000.

Violent Crime
237.4 /100k
Property Crime
173.5 /100k

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

Schools & Education

Metric Richmond, LA 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 15.0% 35.4%
High School Diploma or Higher 86.3% 91.1%

Weather & Climate

Richmond sees average highs of 59.6°F in January and 94.2°F in July, with 57.9 inches of annual precipitation and 0.3 inches of snow per year.

MetricRichmond, LA
Average High — January59.6°F
Average High — July94.2°F
Annual Precipitation57.9"
Annual Snowfall0.3"

Demographics

MetricRichmond, LANational Avg
Population509
Median Age58.438.9
Unemployment Rate0.7%3.7%
Avg Commute Time12.5 min26 min
White (non-Hispanic)79.4%59.3%
Black or African American19.3%13.6%
Hispanic or Latino0.2%18.9%
Asian0.0%6.3%
Under 1824.0%22.2%
65 and over37.7%16.8%

Nearby Cities

Richmond vs Other Cities

Frequently Asked Questions

Richmond's cost of living index is 88, where 100 is the national average. That makes Richmond roughly 12% less expensive than a typical US city — a meaningful affordability advantage. The median home price is $178,800 and median rent is $689/month.
Richmond's violent crime rate is 237.4 per 100,000 residents — the national average is ~380 per 100,000. Property crime is 173.5 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.
Richmond, LA has a population of 509, a median household income of $60,000, and an unemployment rate of 0.7%. It offers below-average costs of living, which stretches take-home pay further than in most American cities. Whether it's right for you depends on your priorities — use the compare tool above to stack it against another city you're considering.
Richmond averages 59.6°F in January and 94.2°F in July. Annual rainfall is 57.9 inches with about 0.3 inches of snow per year. Based on NOAA 30-year climate normals (1991–2020).
The population of Richmond, Louisiana is 509 with a median age of 58.4. Source: US Census ACS 5-Year Estimates.
Key numbers for living in Richmond: cost of living index 88 (100 = US average), median home $178,800, median household income $60,000, crime index 41 (100 = US average, lower is safer). Whether these are benefits or drawbacks depends on where you're coming from — compare Richmond side by side with your current city to see the trade-offs.