Is Richmond, ME a Good Place to Live?
Richmond is a small town of 1,835 in Maine, with a median household income of $68,030 and a 5.1% unemployment rate. Its cost of living index is 95 (US average = 100), which is 5% below the national average.
Strengths: Richmond stands out for an affordable cost of living, below-average home prices, solid school ratings (A+), short average commutes.
Trade-offs: Potential downsides include an elevated unemployment rate. 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: 95.1Richmond's overall cost of living index is 95.1, where 100 represents the US national average. Living in Richmond costs roughly 5% less than the average American city.
| Metric | Richmond, ME | National Avg |
|---|---|---|
| Median Home Value | $200,000 | $244,900 |
| Median Monthly Rent | $849 | $1,163 |
| Homeownership Rate | 55.0% | 65.9% |
| Median Household Income | $68,030 | $74,755 |
Crime & Safety
Very SafeRichmond's violent crime rate is 50.2 per 100,000 residents — 87% lower than the national average of ~380 per 100,000.
Vertical marker = national average. Source: FBI UCR Program.
Schools & Education
Richmond is served primarily by Richmond Public Schools. The student-to-teacher ratio is 9.4:1 (better than the national average of ~16:1).
| Metric | Richmond, ME | National Avg |
|---|---|---|
| School District | Richmond Public Schools | — |
| Elementary Schools | 1 | — |
| Middle Schools | 1 | — |
| High Schools | 1 | — |
| Student/Teacher Ratio | 9.4:1 | 16:1 |
| Bachelor's Degree or Higher | 34.9% | 35.4% |
| High School Diploma or Higher | 96.6% | 91.1% |
Weather & Climate
Richmond sees average highs of 30.2°F in January and 80.6°F in July, with 49.3 inches of annual precipitation and 68.9 inches of snow per year.
| Metric | Richmond, ME |
|---|---|
| Average High — January | 30.2°F |
| Average High — July | 80.6°F |
| Annual Precipitation | 49.3" |
| Annual Snowfall | 68.9" |
Demographics
| Metric | Richmond, ME | National Avg |
|---|---|---|
| Population | 1,835 | — |
| Median Age | 34.3 | 38.9 |
| Unemployment Rate | 5.1% | 3.7% |
| Avg Commute Time | 24.8 min | 26 min |
| White (non-Hispanic) | 96.2% | 59.3% |
| Black or African American | 0.0% | 13.6% |
| Hispanic or Latino | 0.5% | 18.9% |
| Asian | 0.0% | 6.3% |
| Under 18 | 30.5% | 22.2% |
| 65 and over | 11.1% | 16.8% |
Nearby Cities
ZIP Codes in Richmond
Richmond, ME is covered by 1 ZIP code: