Richfield (zip 55423), Minnesota 

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Population

36,275

+2.5% since 2010

Unemployment Rate

2.5%

Median Income

$52,569

Median Home Price

$243,800

Best Places to Live in Richfield (zip 55423), Minnesota

Regional-center complex/Capital city - Southeast Minnesota along upper Mississippi River, 20 miles west of Wisconsin border
Pros
-Education
-Attractive downtown
-Attractive neighborhoods
Cons
-Growth and sprawl
-Cost of living
-Harsh winters

Local Listings in 55423
 $279,900 
6227 Clinton Ave
Bed 3 | Bath 1.0 | 1505 SqFt
 $279,900 
6227 Clinton Ave
Bed 3 | Bath 1.0 | 1505 SqFt
 $264,900 
7320 Knox Ave S
Bed 3 | Bath 1.0 | 1440 SqFt
 $244,899 
7215 Harriet Ave
Bed 3 | Bath 2.0 | 1516 SqFt

What Bert Has To Say About Minneapolis-St. Paul-Bloomington Metro Area

The “twin cities” serve as a regional center for the upper Midwest and northern Great Plains. The fully cosmopolitan area is a balanced industrial, commercial, educational, and cultural center, and functions much as one city. The area is one of the most economically diverse in the country, serving as headquarters to large firms in agriculture, food, banking, technology, retailing, healthcare, and transportation. A few of the well-known companies include General Mills, 3M, US Bancorp, United Healthcare, and retailers Target and Best Buy. Job growth is still fairly modest, but overall, the Twin Cities have have a strong and prosperous feel.


QUICK FACTS

Real Estate: For Sale  For Rent
Country: United States
State: Minnesota
County: Hennepin County
Metro Area: Minneapolis-St. Paul-Bloomington Metro Area
Political Ideology: Somewhat liberal
City: Richfield
Zip Codes: Richfield (zip 55423)
Time zone: Central Standard Time (CST)
Elevation: 838 ft above sea level

Highlights

ECONOMY
The unemployment rate in Richfield (zip 55423) is 2.5% (U.S. avg. is 3.9%). Recent job growth is Positive. Richfield (zip 55423) jobs have increased by 1.80%. More Economy

COST OF LIVING
Compared to the rest of the country, Richfield (zip 55423)'s cost of living is 13.40% higher than the U.S. average. More Cost of Living or Compare Richfield (zip 55423)'s Cost of Living

VOTING
Hennepin county voted Democratic in the previous five Presidential elections. More Voting Stats

POPULATION
Richfield (zip 55423)'s population is 36,275 people. Since 2010, it has had a population growth of 2.54%. Learn More...

TRANSPORTATION
Average Commute time is 22 minutes. The National Average is 26 minutes. Learn More...

REAL ESTATE
The median home cost in Richfield (zip 55423) is $243,800. Home appreciation the last 10 years has been 8.62%. Check out the homes in the area or Find top agents in Richfield (zip 55423)

SCHOOLS
Richfield (zip 55423) public schools spend $13,783 per student. The average school expenditure in the U.S. is $12,383. There are about 15.1 students per teacher in Richfield (zip 55423). More Education


Best Places to Live in Richfield Rankings


Housing Market in Richfield

It's a good time to buy in Richfield. Home Appreciation is up 5.9% in the last 12 months. Browse Richfield Real Estate or Find top agents in Richfield

The median home price in Richfield is $243,800. Browse Homes in this Range.


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MAPS OF RICHFIELD (ZIP 55423), MINNESOTA
Richfield,Minnesota County Map
ZIP CODES IN RICHFIELD (ZIP 55423), MINNESOTA
Richfield (zip 55423)

PREMIUM SUBSCRIPTION

Includes Cost of Living compares for child care, utilities, transportation, health, taxes, housing for home owners vs renters, weather, insurance premiums and so much more.

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NEW LISTINGS IN 55423
$279,900
6227 Clinton Ave
Bed 3 | Bath 1.0 |

$264,900
7320 Knox Ave S
Bed 3 | Bath 1.0 |

$244,899
7215 Harriet Ave
Bed 3 | Bath 2.0 |

$230,000
6826 Cedar Ave S
Bed 4 | Bath 1.0 |

$229,900
7316 4th Ave S
Bed 2 | Bath 1.0 |

$292,000
7021 Oliver Ave S
Bed 3 | Bath 2.0 |

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