Richland, IN demographics:
population, income, and more

Total population
588
7.3% year-over-year change
Median household income
$73,250/yr
2.2% year-over-year change
Housing units
266
12.2% year-over-year change

Richland population

How many people live in Richland

Richland is home to 588 residents, according to the most recent Census data. Gender-wise, 54.9% of Richland locals are male, and 45.1% are female.

Total population
588
7.3% year-over-year change
Gender ratio
Male
54.9%
323
Female
45.1%
265
Value Percent YoY change
Male 323 54.9% 12.5%
Female 265 45.1% 1.5%
A higher population often means more rental variety and livelier areas. The gender balance—how many men live here compared to women—can reveal a lot about the community and the lifestyles of its residents. Use this info to get a sense of the area's pace and personality.

Age demographics

The median age in Richland is 37, with the population distributed as follows: about 15.8% are children under 15, then 12.4% are in the 15 to 24 age group. Adults between 25 and 44 make up 29.1% of the population, while another 25.3% fall into the 45 to 64 bracket. Finally, around 17.4% are 65 or older.

Median age
37.3
Age breakdown
Under 15
15.8%
15 to 24
12.4%
25 to 44
29.1%
45 to 64
25.3%
Over 65
17.4%
Value Percent YoY change
Under 15 93 15.8% -7.0%
15 to 24 73 12.4% 9.0%
25 to 44 171 29.1% 1.2%
45 to 64 149 25.3% 22.1%
Over 65 102 17.4% 13.3%
The age composition helps you get insight into who lives in the area. A younger population might mean a more active, fast-paced vibe, while an older one could suggest a quieter, slower lifestyle. If there's a balanced makeup, you’re likely to find a variety of services, housing types, and community spaces that cater to different life stages.

Racial makeup

There’s also a share of 2% that includes residents with two or more races.

Citizenship
U.S.-born citizens
100%
Non-U.S.-born citizens
0%
Non-citizens
0%
Value Percent YoY change
U.S.-born citizens 588 100% 7.3%
Racial breakdown
White
97.6%
Black or African American
0%
American Indian and Alaska Native
0%
Asian
0%
Native Hawaiian and other Pacific Islander
0%
Two or more races
2%
Other
0.3%
Value Percent
White 574 97.6%
Two or more races 12 2%
Other 2 0.3%

Households in Richland

A peek inside Richland households

Richland has 240 households, with an average of 2 members in each. Of these, 76.2% are families, while the remaining 23.8% are made up of individuals living alone or with non-relatives, such as roommates.

Households stats

Total households
240
12.7% year-over-year change
Average people per household
2
Non-family households
57
Family households
183
Value Percent YoY change
Non-family households 57 23.8% 23.9%
Family households 183 76.2% 9.6%
The mix between family and non-family households gives a glimpse into daily life. A higher percentage of families might mean more parks and schools, while more non-family setups can mean flexible housing and diverse living styles. For renters, this can signal what kinds of homes are common and can help you figure out if the area matches your lifestyle.

Housing in Richland

The housing landscape of Richland

Richland's housing consists of 266 units, with 89.8% being detached single-family homes ideal for those wanting space. Attached options, including duplexes and townhouses, make up 0.8% and offer a more compact, shared living style. Then there are the multifamily buildings in the area, and for those seeking flexibility, non-traditional options like mobile homes account for 9.4% of the housing landscape.

Housing units
266
12.2% year-over-year change
Housing types
Value Percent
1 unit, detached 239 89.8%
1 unit, attached 2 0.8%
Mobile home 25 9.4%
Homes built since 2020
5
66.7% year-over-year change

The age of buildings in Richland

In Richland, the median construction year is 1974. About 14.3% of homes were built before the 1940s, with another 4.1% going up by 1949. Most development happened in the second half of the 20th century. Then, 0.8% of homes were added from 2000 to 2009, 11.3% between 2010 and 2019, and 1.9% are part of the newest wave of development.

Construction year breakdown by decade
Value Percent YoY change
Built in 1939 or earlier 38 14.3% -7.3%
Built between 1940 and 1949 11 4.1% 0.0%
Built between 1950 and 1959 51 19.2% 34.2%
Built between 1960 and 1969 18 6.8% -18.2%
Built between 1970 and 1979 42 15.8% 16.7%
Built between 1980 and 1989 41 15.4% 57.7%
Built between 1990 and 1999 28 10.5% 0.0%
Built between 2000 and 2009 2 0.8% 0.0%
Built between 2010 and 2019 30 11.3% 0.0%
Built in 2020 or later 5 1.9% 66.7%
As a renter, knowing when homes were built helps you understand the potential condition and design of rental units. Newer builds may have more contemporary layouts, while older homes can offer character or larger lots, depending on the area.

Richland occupancy rates

Out of the 240 occupied housing units in Richland, 88.3% are owner-occupied, while 11.7% are lived in by tenants. Meanwhile, 9.8% of all homes on the local market sit vacant.

Occupied housing units
240
12.7% year-over-year change
Occupancy breakdown
Renter occupied
28
Owner occupied
212
Value Percent YoY
change
Renter occupied 28 11.7% 12.0%
Owner occupied 212 88.3% 12.8%
Unoccupied housing units
9.8%
Unoccupied housing units refer to homes that are currently without residents—whether they're waiting for renters or owners, used seasonally, or simply unclaimed. A higher share of empty homes may mean more housing availability, while a low number can reflect a tighter market with more competition. This, along with the renter-vs.-owner mix, helps paint a clearer picture of what types of housing and services are likely to be available in the area.

Richland housing costs

Housing costs in Richland come to a median of $889 per month, while tenants specifically pay a median gross rent of $850.

Median housing costs per month
$889/month
This figure sums up typical monthly housing costs for all households in the area. If you own, it includes mortgage payments in addition to property taxes, insurance and HOA fees. If you rent, it accounts for rent plus extras like utilities. It’s useful for seeing how local living expenses stack up compared to other places.
Median gross rent in Richland
$850/month
Gross rent gives a more complete look at what renters actually pay, including not just base rent, but also utilities and fees. It’s a key number for evaluating rental affordability in your area of interest and understanding how it compares to nearby locations.

Education in Richland

Richland education at a glance

About 47.7% of the population in Richland went to high school, while 19.7% pursued college studies. Another 19.3% earned an associate degree and 7.2% hold a bachelor’s. Meanwhile, 5.1% went even further, earning a master’s or doctorate.

Education level
Value Percent YoY change
No high school 5 1.1% 150.0%
High school diploma 225 47.7% 12.5%
College diploma 93 19.7% 6.9%
Associate degree 91 19.3% 26.4%
Bachelor's degree 34 7.2% -22.7%
Graduate degree 24 5.1% 20.0%
A community’s education mix can offer insights into the local economy and housing market. Higher levels of education often align with more job opportunities and stable incomes, which can increase demand for homes and influence both rent prices and rental availability.

Income in Richland

How much people earn in Richland

The average annual household income in Richland was $80,287 in 2024, the most recent annual data available, according to the U.S. Census Bureau. This marked a +0.5% change from the previous year. At the same time, the median income stood at $73,250, reflecting a +2.2% shift over the same period.

Average household income in Richland
$80,287/year
0.5% year-over-year change
Median household income in Richland
$73,250/year
2.2% year-over-year change

Richland income by age

In Richland, households led by residents aged 25 to 44 — usually in the early to mid stages of their careers — have a median income of $74,063. Those with someone between 45 and 64 in charge, often well established professionally, earn $125,417 overall. Younger households, where the main provider is under 25 and just starting out, report a median income of $72,813, while those led by someone over 65, many of whom may be retired, have about $31,979 in earnings. Overall, 89.1% of the locals in this community live above the poverty line.

Income breakdown by age
Value YoY change
Under 25 $72,813 4.0%
25 - 44 $74,063 -14.1%
45 - 64 $125,417 2.1%
Over 65 $31,979 9.1%
Above poverty level
508
Below poverty level
62
Value Percent YoY
change
Above poverty level 508 89.1% 6.7%
Below poverty level 62 10.9% 19.2%

Employment in Richland

Workforce and job types in Richland

The job market in Richland is powered by 319 working residents, spread across a range of industries and roles. 70.2% of the working population are employed in professional or administrative positions, while 29.8% are in hands-on or service-based jobs. Also, 3.4% run their own businesses, 59.6% are employed by private companies, and 11.9% work in the public sector.

Workforce demographics

Working population
319
3.6% year-over-year change
White collar
224
Blue collar
95
Value Percent YoY change
White collar 224 70.2% 4.2%
Blue collar 95 29.8% 2.1%
Employer type
Self employees
3.4%
Private companies
59.6%
Governmental workers
11.9%
Not for profit companies
25.1%
Value Percent YoY change
Self employees 11 3.4% 37.5%
Private companies 190 59.6% 13.8%
Governmental workers 38 11.9% -17.4%
Not for profit companies 80 25.1% -8.1%
Unemployment rate
3.6%
9.1% year-over-year change

Available workforce

The unemployment rate in Richland stands at 3.6%, representing the share of the workforce currently without a job and actively looking for one.

For renters, the unemployment rate helps paint a picture of job security and financial stability in the area. Rates around 4% to 5% are considered typical. A lower-than-average rate might suggest strong job prospects and a thriving local economy, while a higher rate could hint at fewer opportunities—both useful to consider when planning a move.

Transportation in Richland

How people get around in Richland

Means of transportation
Value Percent YoY change
Car 311 99% 4.0%
Understanding how locals get to work can help you plan your own routine. High car usage might mean you’ll need a vehicle, while strong public transit or walkability could save you the hassle. Commute times also play a big role in quality of life—shorter trips can give you more time for the things you enjoy.

What is the median and average household income in Richland by zipcode?

Zipcode Population Number of households Median income Average income
47634 2,272 895 $70,781 $79,004

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FAQs about Richland demographics 

What is the total population of Richland?

Richland has a total population of 588 residents, according to the latest release from the U.S. Census Bureau: the 2019-2023 American Community Survey (ACS) 5-year estimates. This figure changed by +7.3% compared to a year ago.

What is the gender ratio in Richland?

The gender ratio in Richland is as follows:
  • 54.9% males (323 residents)
  • 45.1% females (265 residents)

What is the median age in Richland?

The median age in Richland is 37.3.

What is the age distribution of the population in Richland?

The age distribution in Richland is as follows:
  • Under 15: 15.8% (93 residents)
  • Ages 15-24: 12.4% (73 residents)
  • Ages 25-44: 29.1% (171 residents)
  • Ages 45-64: 25.3% (149 residents)
  • Over 65: 17.4% (102 residents)

What is the racial and ethnic makeup of Richland?

The racial and ethnic makeup of Richland is as follows:
  • White: 97.6% (574 residents)
  • Black or African American: 0% (0 residents)
  • American Indian and Alaska Native: 0% (0 residents)
  • Asian: 0% (0 residents)
  • Native Hawaiian and Other Pacific Islander: 0% (0 residents)
  • Two or More Races: 2% (12 residents)
  • Other: 0.3% (2 residents)

What percentage of the population in Richland are U.S.-born citizens?

U.S.-born citizens represent 100% of the population in Richland.

How many housing units are there in Richland?

There are 266 housing units in Richland, reflecting a +12.2% change compared to the previous year, according to the latest data from the U.S. Census Bureau.

How many households are in Richland and what is the average household size?

Richland has a total of 240 households, with an average of 2 people in each.

What is the median household income in Richland?

Richland has a median household income of $73,250, representing a +2.2% shift from the previous year, according to the U.S. Census Bureau.

What is the employment rate and job market overview for Richland?

The employment rate is 96.4% in Richland, with a workforce of 319 residents. Here’s a detailed breakdown of the local job market:

Job types:
  • White-collar workers: 70.2% (224 residents)
  • Blue-collar workers: 29.8% (95 residents)

Places of employment:
  • Self-employed: 3.4% (11 residents)
  • Private companies: 59.6% (190 residents)
  • Governmental workers: 11.9% (38 residents)
  • Not-for-profit companies: 25.1% (80 residents)

Data source & methodology

The demographic data on this page was sourced from the latest U.S. Census Bureau release—the 2019–2023 American Community Survey (ACS) 5-year estimates.

The information, issued annually, is compiled and published by the Point2Homes Research Team as soon as new data becomes available.

No representation, guarantee, or warranty is made concerning the accuracy or completeness of modified or aggregated information for particular areas.

Page last updated: September 2025