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: 88.0Richmond'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 SafeRichmond's violent crime rate is 237.4 per 100,000 residents — 38% lower than the national average of ~380 per 100,000.
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.
| Metric | Richmond, LA |
|---|---|
| Average High — January | 59.6°F |
| Average High — July | 94.2°F |
| Annual Precipitation | 57.9" |
| Annual Snowfall | 0.3" |
Demographics
| Metric | Richmond, LA | National Avg |
|---|---|---|
| Population | 509 | — |
| Median Age | 58.4 | 38.9 |
| Unemployment Rate | 0.7% | 3.7% |
| Avg Commute Time | 12.5 min | 26 min |
| White (non-Hispanic) | 79.4% | 59.3% |
| Black or African American | 19.3% | 13.6% |
| Hispanic or Latino | 0.2% | 18.9% |
| Asian | 0.0% | 6.3% |
| Under 18 | 24.0% | 22.2% |
| 65 and over | 37.7% | 16.8% |