Median Income
$51,832
household / year
Median Home Value
$193,700
owner-occupied
Median Rent
$1,175
gross / month
Cost of Living
100
national avg = 100

Is Richmond, TX a Good Place to Live?

Richmond is a small city of 11,931 in Texas, with a median household income of $51,832 and a 5.0% unemployment rate. Its cost of living index is 100 (US average = 100), which is 0% above the national average.

Strengths: Richmond stands out for below-average home prices, lower-than-average crime.

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: 100.2

Richmond's overall cost of living index is 100.2, where 100 represents the US national average. Living in Richmond costs roughly 0% more than the average American city.

Metric Richmond, TX National Avg
Median Home Value $193,700 $244,900
Median Monthly Rent $1,175 $1,163
Homeownership Rate 55.3% 65.9%
Median Household Income $51,832 $74,755

Crime & Safety

Safer than Average

Richmond's violent crime rate is 248.5 per 100,000 residents — 35% lower than the national average of ~380 per 100,000.

Violent Crime
248.5 /100k
Property Crime
2741.2 /100k

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

Schools & Education

Richmond is served primarily by LAMAR CISD. The student-to-teacher ratio is 18.2:1 (slightly above the national average of ~16:1).

Metric Richmond, TX National Avg
School District LAMAR CISD
Elementary Schools 33
Middle Schools 6
High Schools 9
Student/Teacher Ratio 18.2:1 16:1
Bachelor's Degree or Higher 18.5% 35.4%
High School Diploma or Higher 81.2% 91.1%

Weather & Climate

Richmond sees average highs of 64.1°F in January and 94.2°F in July, with 51.1 inches of annual precipitation .

MetricRichmond, TX
Average High — January64.1°F
Average High — July94.2°F
Annual Precipitation51.1"
Annual SnowfallTrace / None

Demographics

MetricRichmond, TXNational Avg
Population11,931
Median Age33.838.9
Unemployment Rate5.0%3.7%
Avg Commute Time26.7 min26 min
White (non-Hispanic)45.9%59.3%
Black or African American26.6%13.6%
Hispanic or Latino25.5%18.9%
Asian0.9%6.3%
Under 1818.9%22.2%
65 and over15.5%16.8%

Nearby Cities

Richmond vs Other Cities

Frequently Asked Questions

Richmond's cost of living index is 100, where 100 is the national average. That puts Richmond roughly 0% above the national average in cost. The median home price is $193,700 and median rent is $1,175/month.
Richmond's violent crime rate is 248.5 per 100,000 residents — the national average is ~380 per 100,000. Property crime is 2741.2 per 100,000 (national avg ~2,100). Data from the FBI Uniform Crime Reporting Program.
Public schools in Richmond are operated by LAMAR CISD. The district has 33 elementary, 6 middle, and 9 high schools. The student-to-teacher ratio is 18.2:1. 18.5% of adults 25+ hold a bachelor's degree or higher.
Richmond, TX has a population of 11,931, a median household income of $51,832, and an unemployment rate of 5.0%. 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 64.1°F in January and 94.2°F in July. Annual rainfall is 51.1 inches . Based on NOAA 30-year climate normals (1991–2020).
The population of Richmond, Texas is 11,931 with a median age of 33.8. Source: US Census ACS 5-Year Estimates.
Key numbers for living in Richmond: cost of living index 100 (100 = US average), median home $193,700, median household income $51,832, crime index 91 (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.