Richmond city, Michigan demographics and economy

Census American Community Survey 2023 5-Year Estimates for Richmond city, Michigan.

Population
5,839
Median HH Income
$61,715
Median Home Value
$228,000
Median Age
38.3

Workforce

Unemployment rate
8.4%
235 unemployed of 2,803 in labor force
Bachelor's degree or higher
13.2%
of population age 25+ (4,224 total)
Below poverty line
23.4%
1,329 of 5,686 surveyed

Housing & cost of living

Median home value
$228,000
owner-occupied housing units
Median gross rent
$870/mo
renter-occupied units, all bedrooms

Related resources

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Similar-sized Michigan places

Data source: U.S. Census Bureau American Community Survey 2023 5-Year Estimates (Table B). Geography: place (incorporated city/town/CDP). Public domain (USA.gov).

Indicators: B01003 (population), B19013 (median household income), B25077 (median home value), B01002 (median age), B25064 (median gross rent), B23025 (labor force/unemployment), B15003 (educational attainment), B17001 (poverty).

Generated 2026-05-27. Census applies suppression rules to small populations; some values may be unavailable.