Median Income
$56,667
household / year
Median Home Value
$114,800
owner-occupied
Median Rent
$946
gross / month
Cost of Living
89
national avg = 100

Is Richmond, OH a Good Place to Live?

Richmond is a small town of 555 in Ohio, with a median household income of $56,667 and a 2.4% unemployment rate. Its cost of living index is 89 (US average = 100), which is 11% 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: 88.8

Richmond's overall cost of living index is 88.8, where 100 represents the US national average. Living in Richmond costs roughly 11% less than the average American city.

Metric Richmond, OH National Avg
Median Home Value $114,800 $244,900
Median Monthly Rent $946 $1,163
Homeownership Rate 67.5% 65.9%
Median Household Income $56,667 $74,755

Crime & Safety

Very Safe

Richmond's violent crime rate is 120.9 per 100,000 residents — 68% lower than the national average of ~380 per 100,000.

Violent Crime
120.9 /100k
Property Crime
972.1 /100k

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

Schools & Education

Richmond is served primarily by Edison Local. The student-to-teacher ratio is 17.7:1 (slightly above the national average of ~16:1).

Metric Richmond, OH National Avg
School District Edison Local
Elementary Schools 2
Middle Schools 1
High Schools 1
Student/Teacher Ratio 17.7:1 16:1
Bachelor's Degree or Higher 14.5% 35.4%
High School Diploma or Higher 94.8% 91.1%

Weather & Climate

Richmond sees average highs of 36.5°F in January and 82.9°F in July, with 43.2 inches of annual precipitation and 25.8 inches of snow per year.

MetricRichmond, OH
Average High — January36.5°F
Average High — July82.9°F
Annual Precipitation43.2"
Annual Snowfall25.8"

Demographics

MetricRichmond, OHNational Avg
Population555
Median Age52.238.9
Unemployment Rate2.4%3.7%
Avg Commute Time20.8 min26 min
White (non-Hispanic)96.6%59.3%
Black or African American0.0%13.6%
Hispanic or Latino1.1%18.9%
Asian0.0%6.3%
Under 1816.0%22.2%
65 and over28.1%16.8%

Nearby Cities

ZIP Codes in Richmond

Richmond, OH is covered by 1 ZIP code:

Richmond vs Other Cities

Frequently Asked Questions

Richmond's cost of living index is 89, where 100 is the national average. That makes Richmond roughly 11% less expensive than a typical US city — a meaningful affordability advantage. The median home price is $114,800 and median rent is $946/month.
Richmond's violent crime rate is 120.9 per 100,000 residents — the national average is ~380 per 100,000. Property crime is 972.1 per 100,000 (national avg ~2,100). Data from the FBI Uniform Crime Reporting Program.
Public schools in Richmond are operated by Edison Local. The district has 2 elementary, 1 middle, and 1 high schools. The student-to-teacher ratio is 17.7:1. 14.5% of adults 25+ hold a bachelor's degree or higher.
Richmond, OH has a population of 555, a median household income of $56,667, and an unemployment rate of 2.4%. 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 36.5°F in January and 82.9°F in July. Annual rainfall is 43.2 inches with about 25.8 inches of snow per year. Based on NOAA 30-year climate normals (1991–2020).
Richmond, OH is covered by 1 ZIP code: 43944.
The population of Richmond, Ohio is 555 with a median age of 52.2. Source: US Census ACS 5-Year Estimates.
Key numbers for living in Richmond: cost of living index 89 (100 = US average), median home $114,800, median household income $56,667, crime index 38 (100 = US average, lower is safer), schools rated C. 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.