Richmond, Michigan 

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Population

5,864

42% Growth

Unemployment Rate

5.6%

Median Income

$47,331

Avg. Home Price

$190,300

Best Places to Live in Richmond, Michigan

Large city - Southeast Michigan, along the Detroit River, across the border from Windsor, Ontario, Canada
Pros
-Arts and culture
-Professional sports
-Cost of living
Cons
-Economy
-Violent crime
-Urban decay

Find your Best Mortgage in Richmond: Fixed Rate, Adjustable Rate, 30 years, 15 years

What Bert Has To Say About Detroit-Warren-Dearborn Metro Area

Detroit’s seemingly endless grid-patterned suburbs spread mainly west of town, and the northern half of this suburban cluster has been split off of the formerly singular Detroit metro area. That northern half consists of the relatively new and prosperous suburbs spreading north into Oakland County, including not only the named places of Warren, Troy and Farmington Hills but also such familiar names as Southfield, Pontiac, Royal Oak, Auburn Hills and Bloomfield. These suburbs, located on once-agricultural land, are plain, business friendly and mostly family friendly.


QUICK FACTS

City: Richmond
Zip Codes: 48062
Time zone: Eastern Standard Time (EST)
Elevation: 664 ft above sea level

Highlights

ECONOMY
The unemployment rate in Richmond is 5.6% (U.S. avg. is 5.2%). Recent job growth is Positive. Richmond jobs have increased by 1.76%. Learn More...
COST OF LIVING
Compared to the rest of the country, Richmond's cost of living is 3.80% lower than the U.S. average. Learn More... or Compare Richmond's Cost of Living
POPULATION
Richmond's population is 5,864 people. Since 2000, it has had a population growth of 41.61%. Learn More...
TRANSPORTATION
Average Commute time is 27 minutes. The National Average is 26 minutes. Learn More...
REAL ESTATE
The median home cost in Richmond is $190,300. Home appreciation the last 10 years has been 7.58%. Check out the homes in the area.
SCHOOLS
Richmond public schools spend $9,045 per student. The average school expenditure in the U.S. is $12,383. There are about 20.5 students per teacher in Richmond. Learn More...

Best Places to Live in Richmond Rankings


Housing Market in Richmond

It's a good time to buy in Richmond. Home Appreciation is up 7.6% in the last 12 months. Browse Richmond Real Estate.

The median home price in Richmond is $190,300. Browse Homes in this Range.


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Reviews for Richmond   1 Reviews
City of Richmond Michigan - 3/6/2007
The City of Richmond is surrounded by the much larger rural area of Richmond Township. It has very beautiful old buildings and a two mile long main street. The schools... (Read More)

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COMPARE CITY TO CITY
Compare Richmond, Michigan to any other place in the USA.

MAPS OF RICHMOND, MICHIGAN
Check out the latest Maps in a variety of categories including cost of living, population, and commute time.Richmond,Michigan Map
ZIP CODES IN RICHMOND, MICHIGAN
48062