Median Income
$76,760
household / year
Median Home Value
$205,700
owner-occupied
Median Rent
$775
gross / month
Cost of Living
94
national avg = 100

Is New Richmond, OH a Good Place to Live?

New Richmond is a small town of 2,733 in Ohio, with a median household income of $76,760 and a 7.5% unemployment rate. Its cost of living index is 94 (US average = 100), which is 6% below the national average.

Strengths: New Richmond stands out for an affordable cost of living, below-average home prices, lower-than-average crime.

Trade-offs: Potential downsides include an elevated unemployment rate. 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

Index: 94.1

New Richmond's overall cost of living index is 94.1, where 100 represents the US national average. Living in New Richmond costs roughly 6% less than the average American city.

Metric New Richmond, OH National Avg
Median Home Value $205,700 $244,900
Median Monthly Rent $775 $1,163
Homeownership Rate 66.7% 65.9%
Median Household Income $76,760 $74,755

Crime & Safety

Very Safe

New Richmond's violent crime rate is 71.9 per 100,000 residents — 81% lower than the national average of ~380 per 100,000.

Violent Crime
71.9 /100k
Property Crime
143.7 /100k

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

Schools & Education

New Richmond is served primarily by New Richmond Exempted Village. The student-to-teacher ratio is 18.8:1 (slightly above the national average of ~16:1).

Metric New Richmond, OH National Avg
School District New Richmond Exempted Village —
Elementary Schools 2 —
Middle Schools 1 —
High Schools 1 —
Student/Teacher Ratio 18.8:1 16:1
Bachelor's Degree or Higher 18.8% 35.4%
High School Diploma or Higher 87.3% 91.1%

Weather & Climate

New Richmond sees average highs of 40.6°F in January and 86.6°F in July, with 47.2 inches of annual precipitation and 23.3 inches of snow per year.

MetricNew Richmond, OH
Average High — January40.6°F
Average High — July86.6°F
Annual Precipitation47.2"
Annual Snowfall23.3"

Demographics

MetricNew Richmond, OHNational Avg
Population2,733—
Median Age39.538.9
Unemployment Rate7.5%3.7%
Avg Commute Time27.2 min26 min
White (non-Hispanic)91.1%59.3%
Black or African American4.2%13.6%
Hispanic or Latino3.0%18.9%
Asian0.0%6.3%
Under 1823.5%22.2%
65 and over17.2%16.8%

Nearby Cities

ZIP Codes in New Richmond

New Richmond, OH is covered by 1 ZIP code:

New Richmond vs Other Cities

Frequently Asked Questions

New Richmond's cost of living index is 94, where 100 is the national average. That makes New Richmond roughly 6% less expensive than a typical US city — a meaningful affordability advantage. The median home price is $205,700 and median rent is $775/month.
New Richmond's violent crime rate is 71.9 per 100,000 residents — the national average is ~380 per 100,000. Property crime is 143.7 per 100,000 (national avg ~2,100). Data from the FBI Uniform Crime Reporting Program.
Public schools in New Richmond are operated by New Richmond Exempted Village. The district has 2 elementary, 1 middle, and 1 high schools. The student-to-teacher ratio is 18.8:1. 18.8% of adults 25+ hold a bachelor's degree or higher.
New Richmond, OH has a population of 2,733, a median household income of $76,760, and an unemployment rate of 7.5%. 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.
New Richmond averages 40.6°F in January and 86.6°F in July. Annual rainfall is 47.2 inches with about 23.3 inches of snow per year. Based on NOAA 30-year climate normals (1991–2020).
New Richmond, OH is covered by 1 ZIP code: 45157.
The population of New Richmond, Ohio is 2,733 with a median age of 39.5. Source: US Census ACS 5-Year Estimates.
Key numbers for living in New Richmond: cost of living index 94 (100 = US average), median home $205,700, median household income $76,760, crime index 14 (100 = US average, lower is safer), schools rated C+. 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.