Richmond, IN — City Data, Demographics & Statistics
Wayne County · Indiana
City DNA
A unique fingerprint for Richmond based on 8 key metrics — compared to averages.
Quick Stats
Population
35,551
2023 ACS
Median Income
$46,395
2023
Median Home Value
$107,600
2023
Median Rent
$815
2023
Median Age
38.1
Unemployment
7.2%
Cost of Living Index
77.4
100 = national avg
Richmond is a city in Wayne County, Indiana, with a population of 35,551 according to the 2023 American Community Survey. Richmond is one of the communities in Indiana.
The median household income in Richmond is $46,395, and the median home value is $107,600. The cost of living index is 77.4 (where 100 = national average), and the median rent is $815 per month. The unemployment rate is 7.2%, and the median age is 38.1 years.
People & Demographics
Source: U.S. Census Bureau ACS (2023)Population
Total Population
35,551
Male
17,065
48.0%
Female
18,486
52.0%
Median Age
38.1
Education & Household
Bachelor's or Higher
13.7%
High School or Higher
36.7%
Foreign Born
4.7%
Veterans
5.6%
Married
32.2%
Avg Household Size
2.3
Marital Status by Age
Race & Ethnicity
Diversity Index
0.347
Simpson's Index (0-1)
Largest Group
White
79.9%
Foreign Born
4.7%
Hispanic/Latino Ethnicity
Hispanic/Latino is an ethnicity, not a race. People of any race can identify as Hispanic. This percentage overlaps with the racial categories above.
Hispanic/Latino
5.2%
1,849 people
Not Hispanic/Latino
94.8%
Hispanic/Latino Detail
Source: U.S. Census Bureau ACS (2023)Asian Detail
Source: U.S. Census Bureau ACS (2023)Native Hawaiian & Pacific Islander Detail
Source: U.S. Census Bureau ACS (2023)American Indian & Alaska Native Detail
Source: U.S. Census Bureau ACS (2023)Languages Spoken
Total Speakers (5+)
33,069
English Only
93.7%
#1 Non-English Language
Spanish
1,415 speakers
Limited English
2.8%
Language Distribution
English Proficiency
Speaks English Very Well
97.2%
Limited English Proficiency
2.8%
Veterans & Military
Total Veterans
1,990
5.6% of population
Disability Rate
22.2%
441 with disability
Veteran Median Income
$46,635
Unemployment Rate
6.4%
Period of Service
Veteran Age Distribution
Male Veterans
1,800
90.5%
Female Veterans
190
9.5%
Veteran vs Non-Veteran Income
Veteran Income
$46,635
Non-Veteran Income
$27,297
Difference
$19,338
70.8% higher
Disability Status
With Disability
441
Without Disability
1,549
Disability Rate
22.2%
Ancestry & Heritage
Total Reporting Ancestry
20,603
#1 Ancestry
German
15.5% (5,502)
#2 Ancestry
English
11.5% (4,096)
#3 Ancestry
Irish
10.5% (3,738)
Top 20 Ancestries
Source: U.S. Census Bureau ACS (2023)Families & Households
Total Households
14,648
Family Households
8,175
55.8%
Married Couples
5,083
34.7%
Non-Family Households
6,473
44.2%
Single Mother Households
2,373
16.2%
Single Father Households
719
4.9%
Living Alone
5,405
36.9%
Children Under 18
Total Children
7,051
In Married Couple
4,289
60.8%
With Single Mother
2,157
30.6%
With Single Father
605
8.6%
Family Income
Median Family Income
$65,068
Married Couple Income
$86,125
Single Mother Income
$29,892
Single Father Income
$39,353
Avg Family Size
2.3
Avg Non-Family Size
2.1
Grandparents w/ Grandchildren
763
Grandparents Responsible
390
Economy
Source: U.S. Census Bureau ACS (2023)Income Overview
Median Household Income
$46,395
-37% vs national
Per Capita Income
$27,860
-25% vs national
Poverty Rate
23.2%
+71% vs national
Gini Index
0.4878
0 = perfect equality
Unemployment
7.2%
+38% vs national
SNAP Recipients
21.0%
of households
How Richmond Compares
Richmond vs Similar Cities
Compared to cities with 25,000 - 50,000 residents. Richmond is highlighted.
Median Household Income
Richmond, IN has a median household income of $46,395, making it the 22,957th highest median household income out of 28,123 cities in our database. This means that Richmond has a higher median household income than 18% of all the cities we measured.
Per Capita Income
Richmond, IN has a per capita income of $27,860, making it the 19,601st highest per capita income out of 28,123 cities in our database. This means that Richmond has a higher per capita income than 30% of all the cities we measured.
Poverty Rate
Richmond, IN has a poverty rate of 23.2%, making it the 5,482nd highest poverty rate out of 31,262 cities in our database. This means that Richmond has a higher poverty rate than 82% of all the cities we measured.
Unemployment Rate
Richmond, IN has a unemployment rate of 7.2%, making it the 7,084th highest unemployment rate out of 31,012 cities in our database. This means that Richmond has a higher unemployment rate than 77% of all the cities we measured.
Where Do You Stack Up?
Enter your household income to see how you compare to other households in Richmond. The median household income here is $46,395.
Income Distribution
Employment Snapshot
Unemployment Rate
7.2%
+59% vs IN avg
Labor Force
16,315
Employed
15,146
How People Get to Work
Employment by Sector
Education & Workforce
Bachelor's Degree+
13.7%
of adults 25+
High School Diploma+
36.7%
of adults 25+
Median Age
38.1
Work from Home
4.1%
of workers
Top Occupations & Wages
Source: Bureau of Labor Statistics OEWS (2024)
Data represents the Indiana metro area
Highest-Paying Job
General and Operations Managers
Top Median Wage
$108.4K
per year
Occupations Tracked
20
Cost of Living
Overall Index
77.4
100 = national avg
-22.6 vs national average
Living Wage (1 Adult)
$34,072
per year
Living Wage (Family of 4)
$80,534
per year
Cost Index by Category
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD
1 Bedroom
$729
per month
2 Bedroom
$956
per month
The median household income in Richmond, IN is $46,395, which is 36.6% below the national average of $73,224. Per capita income is $27,860. The poverty rate of 23.2% is higher than the IN state average of 11.9%. The Gini index of income inequality is 0.4878, where 0 represents perfect equality and 1 represents maximum inequality. The unemployment rate is 7.2%, compared to the state average of 4.5%. The labor force is 16,315. 13.7% of adults hold a bachelor's degree or higher. About 78.7% of workers drive alone to work. The overall cost of living index is 77.4, which is 22.6% below the national average. Housing costs are below the national average at an index of 74.0. A single adult needs to earn approximately $34,072 per year to cover basic expenses.
Housing & Real Estate
Market SnapshotRedfin — January 2026
Median Sale Price
$123,250
Median List Price
$139,950
Price Per Sq Ft
$107
Days on Market
49
Active Inventory
100
Months of Supply
3.6
Seller's market
Zillow Home Value
$149,198
ZHVI — January 2026
Zillow Rent Index
$832
ZORI — January 2026
Market CompetitivenessRedfin
Sold Above List
7.1%
Off Market in 2 Weeks
23.8%
Sale-to-List Ratio
95.6%
Buyer's market
Price TrendsRedfin
Market ActivityRedfin
Homes Sold
28
New Listings
42
Pending Sales
42
Price Per Square FootRedfin
Median Sale $/SF
$107
Median List $/SF
$115
Richmond vs Similar CitiesCensus ACS / Redfin
Compared to cities with 25,000 - 50,000 residents. Richmond is highlighted.
Median Home Value
Richmond, IN has a median home value of $107,600, making it the 21,266th highest median home value out of 27,993 cities in our database. This means that Richmond has a higher median home value than 24% of all the cities we measured.
Median Rent
Richmond, IN has a median rent of $815, making it the 15,192nd highest median rent out of 22,337 cities in our database. This means that Richmond has a higher median rent than 32% of all the cities we measured.
Median Price Per Sq Ft
Richmond, IN has a price per square foot of $107, making it the 16,585th highest price per square foot out of 20,748 cities in our database. This means that Richmond has a higher price per square foot than 20% of all the cities we measured.
Rent Burden
Richmond, IN has a rent burden of 21.1%, making it the 7,372nd highest rent burden out of 21,928 cities in our database. This means that Richmond has a higher rent burden than 66% of all the cities we measured.
Census Housing DataU.S. Census Bureau ACS 2023
Median Home Value
$107,600
Median Rent
$815
Total Housing Units
17,287
Vacancy Rate
15.3%
Owner Occupied
57.5%
Renter Occupied
42.5%
Median Property Tax
$932
per year
Monthly Cost (w/ Mortgage)
$762
Housing Types
Property TaxU.S. Census Bureau ACS 2023
Median Property Tax
$932
per year
Effective Tax Rate
0.87%
of home value
Median Home Value
$107,600
Estimated Mean Tax
$1,118
The effective property tax rate is calculated by dividing the median annual property tax ($932) by the median home value ($107,600). In Richmond, IN, this works out to an effective rate of 0.87%. This is below the national average of approximately 1.1%.
The current median sale price in Richmond, IN is $123,250 according to Redfin data. Homes spend a median of 49 days on the market. 7.1% of homes sold above asking price. The market has 3.6 months of supply. The median price per square foot is $107. Zillow's observed rent index is $832/month. About 57.5% of housing units are owner-occupied. The median year homes were built is 1957. There are 17,287 total housing units. Homeowners pay a median annual property tax of $932. The effective tax rate is 0.87%, below the national average.
Crime Overview
Source: FBI Crime Data Explorer (2024)Violent Crime Rate
4.19
per 1,000 residents
+61% vs national
Property Crime Rate
11.41
per 1,000 residents
-34% vs national
Total Crimes
551
2024
Violent Clearance
45%
cases solved
Property Clearance
23%
cases solved
How Richmond Compares
Source: FBI (2024)Richmond vs Similar Cities
Source: FBI (2024)Compared to cities with 25,000 - 50,000 residents. Richmond is highlighted in green.
Violent Crime Rate (per 1,000)
Property Crime Rate (per 1,000)
Murder Rate (per 1,000)
Crime Composition
Source: FBI (2024)Violent Crime Breakdown
Property Crime Breakdown
Crime Clearance (Solve) Rates
Source: FBI (2024)Richmond police solve 50% of aggravated assault cases but only 8% of motor vehicle theft cases.
Weapon Used in Violent Crime
Source: FBI (2024)Crime Breakdown
Source: FBI Crime Data Explorer (2024)| Crime Type | Category | Count | Rate per 1K | Clearance % |
|---|---|---|---|---|
| Murder | Violent | 0 | 0.00 | N/A |
| Rape | Violent | 15 | 0.42 | 13.3% |
| Robbery | Violent | 12 | 0.34 | 33.3% |
| Aggravated Assault | Violent | 121 | 3.42 | 49.6% |
| Burglary | Property | 67 | 1.90 | 13.4% |
| Larceny/Theft | Property | 274 | 7.75 | 28.5% |
| Motor Vehicle Theft | Property | 62 | 1.75 | 8.1% |
Richmond, IN reported 148 violent crimes and 403 property crimes in 2024. The violent crime rate of 4.19 per 1,000 residents is 61.1% above the national average of 2.60 per 1,000. Law enforcement cleared 45% of violent crimes. Larceny/theft accounts for 274 of the property crime reports. Firearms were involved in 28.1% of aggravated assaults.
School Shootings
Source: The Washington PostTotal Incidents
1
Total Killed
0
Total Injured
0
| Date | School | Killed | Injured | Type | Weapon |
|---|---|---|---|---|---|
| Dec 13, 2018 | Dennis Intermediate School | 0 | 0 | nan | handgun and a rifle |
Data from The Washington Post, licensed under CC BY-NC-SA 4.0.
Natural Hazard Risk
Source: FEMA National Risk IndexRisk Score
74.1
Relatively Low
Expected Annual Loss
67.2
Score (0-100)
Social Vulnerability
78.5
Score (0-100)
Community Resilience
69.9
Score (0-100)
Scores range from 0 (lowest risk) to 100 (highest risk) relative to all U.S. communities. Data from FEMA National Risk Index.
Disaster History & Federal Spending
Source: FEMATotal Declarations
14
Public Assistance
$2.0M
Individual Assistance
$1.5M
Most Common Type
Severe Storm
6 declarations
Public Assistance by Category
| Disaster | Type | Date | PA $ | IA $ |
|---|---|---|---|---|
| Severe Winter Storm → | Winter Storm | Jan 2026 | — | — |
| Covid-19 Pandemic → | Biological | Apr 2020 | $226K | $1.4M |
| Covid-19 → | Biological | Mar 2020 | — | — |
| Severe Storms, Tornadoes, Straight-line … → | Severe Storm | Jun 2011 | $456K | — |
| Severe Storms and Flooding → | Severe Storm | Sep 2008 | $694K | — |
| Severe Storms, Flooding, and Tornadoes → | Severe Storm | Jun 2008 | $174K | $32K |
| Hurricane Katrina Evacuation → | Hurricane | Sep 2005 | — | — |
| Severe Winter Storms and Flooding → | Severe Storm | Jan 2005 | $113K | $9K |
| Snow → | Snowstorm | Jan 2005 | $141K | — |
| Severe Storms, Tornadoes, and Flooding → | Severe Storm | Jul 2003 | — | $20K |
| In-winter Storm 12/23/98 → | Snowstorm | Jan 1999 | $150K | — |
| Severe Storms and Tornadoes, and Floodin… → | Severe Storm | Jul 1998 | — | — |
| Blizzard of 96 → | Flood | Apr 1996 | — | — |
| Severe Ice Storm → | Severe Ice Storm | Mar 1991 | — | — |
| Covid-19 Pandemic → | Unknown | — | — | $9K |
PA = FEMA Public Assistance (infrastructure recovery). IA = Individual Assistance (homeowner/renter aid).
Flood Insurance (NFIP)
Source: FEMA NFIPTotal Claims
68
Total Claims Paid
$400,642
Avg Claim Payout
$5,892
County-level NFIP data from FEMA National Flood Insurance Program.
Hazard Mitigation
Source: FEMA Hazard Mitigation AssistanceMitigation Projects
3
Federal Funding
$2,014,688
Avg Benefit-Cost Ratio
0.00
BCR
Top Mitigation Project Types
| Project Type | Projects | Federal $ |
|---|---|---|
| 91.1: Local Multihazard Mitigation Plan | 2 | $1,722,821 |
| 91.5: Local Multijurisdictional Multihazard Mitigation Plan - UPDATE | 1 | $291,867 |
Federally funded projects to reduce future disaster risk. Only includes completed or obligated projects.
Richmond has a relatively low overall natural hazard risk rating according to FEMA's National Risk Index. The top hazard risks are tornado, strong wind, earthquake. The area has had 14 federal disaster declarations. The most common disaster type is severe storm (6 declarations). 68 flood insurance claims have been filed in the area. FEMA has obligated $1,953,447 in public assistance recovery funding. $1,517,623 has been distributed in individual assistance to disaster-affected residents. 3 hazard mitigation projects have been funded to reduce future risk.
Health
Community Health
Source: CDC PLACES
Obesity Rate
39.4%
3.3pp above the national average
Depression Rate
27.8%
4.3pp above the national average
Diabetes Rate
15.7%
3.8pp above the national average
Uninsured Rate
10.5%
near the national average
Health Scorecard
Higher scores indicate better health outcomes relative to the national average (50 = average)
Health Outcomes
Age-adjusted prevalence rates. Green bars indicate rates below the national average; red indicates above.
High Cholesterol
39.4%
Arthritis
32.7%
Cancer (excl. skin)
8.8%
Teeth Lost (65+)
22.8%
Health Risk Behaviors
Prevention & Screening
Green bars indicate rates above the national average (more preventive care); red indicates below.
Mental Health & Wellbeing
Frequent Mental Distress
20.5%
14+ days in past month
Depression
27.8%
Loneliness
34.5%
Lack of Support
25.3%
Disability Prevalence
Any Disability
39.4%
Mobility
19.0%
Cognitive
19.0%
Hearing
9.0%
Vision
7.1%
Self-Care
5.5%
Independent Living
11.4%
Health-Related Social Needs
Prevalence of social risk factors affecting community health
Richmond has an obesity rate of 39.4%, which is 3.3pp above the national average. The depression rate is 27.8%, 4.3pp above the national average. About 10.5% of adults lack health insurance. 79.9% of residents had an annual checkup in the past year.
Nearby Hospitals
Source: CMS Hospital Compare
Nearest Hospitals
5
With Emergency Services
5
Avg CMS Rating
4.0 / 5
Nearest Hospital
In city
Reid Health
| Hospital | Distance | Type | Rating | ER |
|---|---|---|---|---|
| Reid Health | In city | Acute Care Hospitals | 3/5 | Yes |
| Richmond State Hospital | In city | Psychiatric | — | Yes |
| Ascension St Vincent Randolph | 23.8 mi | Critical Access Hospitals | — | Yes |
| Mccullough-Hyde Memorial Hospital | 25.2 mi | Acute Care Hospitals | 5/5 | Yes |
| Henry County Memorial Hospital | 26.3 mi | Acute Care Hospitals | 4/5 | Yes |
Climate & Environment
Water Systems
Source: EPA SDWISWater Systems
1
Pop. Served
35
Violations (5yr)
1
| System Name | Pop. Served | Violations (5yr) |
|---|---|---|
| COUNTRY RETREAT MHC, LLC | 35 | 1 |
Greenhouse Gas Emitters
Source: EPA GHGRP (2023)Facilities Reporting
2
Total CO₂e
71.2K MT
Top Emitter
NEW PARIS PIKE LDFL
46.3K MT CO₂e
Total CO₂e vs Similar Cities (25,000 - 50,000)
| Facility | Sector | CO₂e (MT) |
|---|---|---|
NEW PARIS PIKE LDFL Richmond Sanitary District | Waste | 46,341 |
Whitewater Valley Indiana Municipal Power Agency | Power Plants | 24,858 |
Data from EPA Greenhouse Gas Reporting Program (GHGRP). Includes facilities emitting 25,000+ metric tons CO₂e/year.
There are 1 water system serving the area. 1 water quality violation has been reported in the past 5 years. 2 industrial facilities report greenhouse gas emissions totaling 71.2K metric tons of CO₂e.
Infrastructure
Commute Overview2023 ACS
Drive Alone
78.7%
-0% vs national
Public Transit
0.5%
-48% vs national
Work From Home
4.1%
-56% vs national
Carpool
12.0%
Walk
4.5%
How Richmond's Commute ComparesCensus ACS 2023
How People Get to WorkCensus ACS 2023
Commute Mode BreakdownCensus ACS 2023
Traffic Fatalities
Source: NHTSA FARS (2023)Fatalities
2
2023
6-Year Avg
2
fatalities/yr
Nighttime
1
dark conditions
| Year | Crashes | Fatalities | Alcohol | Pedestrian | Cyclist |
|---|---|---|---|---|---|
| 2023 | 2 | 2 | 0 | 0 | 0 |
| 2022 | 3 | 3 | 0 | 0 | 0 |
| 2021 | 1 | 1 | 0 | 0 | 0 |
| 2020 | 2 | 2 | 1 | 0 | 0 |
| 2019 | 2 | 2 | 1 | 0 | 0 |
| 2018 | 1 | 1 | 0 | 0 | 0 |
Data from NHTSA Fatality Analysis Reporting System (FARS). Includes only crashes involving at least one fatality.
Commute data for Richmond, IN covers travel times and transportation modes. 78.7% of workers drive alone, compared to the national average of 78.7%. 4.1% work from home, which is below the IN state average of 5.6%. 12.0% of workers carpool. 4.5% walk to work. In 2023, there were 2 traffic fatalities from 2 fatal crashes.
Internet & Broadband Access
Source: Census ACSBroadband Access
87.9%
of households
Cable / Fiber / DSL
68.0%
of households
No Internet
8.9%
of households
Total Households
14,648
Internet Subscription Types
Device Ownership
Source: Census ACSHas Computer
91.2%
of households
Smartphone
85.4%
of households
Desktop / Laptop
67.2%
of households
Tablet
52.1%
of households
Percentage of households with each device type. Data from the U.S. Census Bureau ACS (2023 5-year estimates, tables B28001 & B28002).
Electricity Rates
Source: U.S. Energy Information Administration (2024)Residential Rate
14.8¢
per kWh
-23% vs 25,000 - 50,000 avg
Commercial Rate
12.4¢
per kWh
-20% vs 25,000 - 50,000 avg
Industrial Rate
8.2¢
per kWh
-31% vs 25,000 - 50,000 avg
Avg Monthly Bill
$133
residential
-9% vs 25,000 - 50,000 avg
13% below the national average of 17.1¢/kWh
Residential electricity in Indiana averages 14.8¢ per kWh, compared to the national average of 17.1¢. The average monthly electric bill is $133. State-level averages from EIA Electric Sales & Revenue data (2024).
Richmond vs Similar Cities
Source: EIA (2024)Comparing electricity rates with randomly selected cities of similar population (25,000 - 50,000). Each city represents its state's average rate.
Residential Rate (¢/kWh)
Commercial Rate (¢/kWh)
Industrial Rate (¢/kWh)
Average Monthly Bill
Water Systems
Source: EPA SDWISWater Systems
1
Population Served
35
Violations (5yr)
1
| System Name | Type | Source | Pop. Served | Violations |
|---|---|---|---|---|
| COUNTRY RETREAT MHC, LLC | Community | Ground water | 35 | 1 |
87.9% of households in Richmond have broadband internet access. 68.0% have cable, fiber, or DSL service. 16.2% rely solely on cellular data without a wired connection. 8.9% of households have no internet access. 15.4% use only a smartphone without a desktop or laptop. The area is served by 1 water system, providing water to 35 people. A total of 1 water quality violation has been recorded over the past 5 years.
Politics & Government
County-level data: Election results are reported at the county level. Richmond is located in Wayne County, IN. Results reflect all voters in the county, not just those in Richmond.
Election Overview
Source: Wayne County (2024)2024 Winner
Republican
Dem Votes
8,828
32.9%
GOP Votes
17,526
65.4%
Total Votes
26,797
Margin
R+32.5%
Shift from 2020
R+3.4pp
vs prior election
Election History
Source: County-Level Election Results| Year | Dem Votes | GOP Votes | Total | Dem % | GOP % | Margin |
|---|---|---|---|---|---|---|
| 2024 | 8,828 | 17,526 | 26,797 | 32.9% | 65.4% | R+32.5 |
| 2020 | 9,524 | 17,567 | 27,679 | 34.4% | 63.5% | R+29.1 |
| 2016 | 8,322 | 16,028 | 25,575 | 32.5% | 62.7% | R+30.1 |
In the 2024 presidential election, Wayne County recorded 26,797 total votes. Republicans won the county with 65.4% of the vote compared to 32.9% for Democrats, a margin of R+32.5%. Compared to 2020, the margin shifted R+3.4pp from the previous election. Since 2016, Wayne County has shifted 2.3 percentage points toward Republicans.
Nonprofits Overview
Source: IRS Exempt Organizations BMFTotal Nonprofits
274
Total Assets
$2.7B
Total Income
$1.0B
Per 10K Residents
77.1
nonprofits
-29.4% vs peers avg
Orgs with >$1M Assets
29
Median Assets
$413K
Oldest Active
1935
ruling year
Newest Org
2026
ruling year
Nonprofits by Category
Source: IRS / NTEE ClassificationTop 10 hold $2.6B of $2.7B total
Nonprofit Size Distribution
Source: IRS Exempt Organizations BMFNumber of nonprofits by total asset size
When Were Nonprofits Founded?
Source: IRS Ruling DateNumber of currently active nonprofits by founding decade
Nonprofits per 10K Residents vs Similar Cities
Source: IRS BMF + Census ACSCompared to cities with population 25,000 - 50,000
Largest Nonprofits in Richmond
Source: IRS Exempt Organizations BMFRichmond, IN has 274 registered 501(c)(3) nonprofit organizations with combined assets of $2.7B. The most common category is Religion-Related, with 39 organizations. 29 nonprofits have assets exceeding $1 million. That works out to 77.1 nonprofits per 10,000 residents. The oldest active nonprofit dates back to 1935.
SBA Lending Overview
Source: SBA FOIA Loan-Level DataTotal SBA Loans
197
Total Approved
$81.8M
Jobs Supported
1,909
Per 10K Residents
55.4
SBA loans
-23.1% vs peers avg
Unique Lenders
34
Top Lender
U.S. Bank, National Association
33 loans
Top Industry
Accommodation & Food Services
Data Span
1992–2026
Loan Program Breakdown
Source: SBA FOIALoans
154
Total Amount
$67.9M
Avg Loan
$440,910
Median Loan
$146,000
SBA Guaranteed
$51.9M(76%)
Jobs Supported
1,172
Loans
43
Total Amount
$13.9M
Avg Loan
$322,535
Median Loan
$235,000
Recent Activity (Last 5 Years)
Source: SBA FOIARecent Loans
18
9% of all-time total
Recent Amount
$16.1M
20% of all-time total
Avg Recent Loan
$894,706
Top Industries Funded
Source: SBA FOIA / NAICS CodesSBA Loans per 10K Residents vs Similar Cities
Source: SBA FOIA + Census ACSCompared to cities with population 25,000 - 50,000
Top SBA Borrowers
Source: SBA FOIA| Business | Loans | Amount |
|---|---|---|
| Jc Hotel Group Llc | 1 | $5.0M |
| Quality Inn Suites Richmond in | 1 | $4.9M |
| Swagatam Hospitality Inc | 2 | $4.4M |
| Georgia Direct Carpet Inc. | 3 | $4.2M |
| Uranus 3 Llc | 1 | $3.5M |
| Shree Tulsidas Richmond Inc | 1 | $3.4M |
| Richmond Lodging Associates Llp | 2 | $3.1M |
| Kare Industries Llc | 1 | $2.1M |
| The Lantern Group Llc | 2 | $2.1M |
| Fradenburg Inc. | 1 | $1.9M |
Richmond, IN has received 197 SBA loans totaling $81.8M in approved funding between 1992 and 2026. The 7(a) program accounts for 154 loans (78% of the total), supporting 1,172 jobs. The 504 program, focused on real estate and large equipment, has funded 43 loans totaling $13.9M. The most common industry receiving SBA funding is Accommodation & Food Services. The most active SBA lender in Richmond is U.S. Bank, National Association with 33 loans. That works out to 55.4 SBA loans per 10,000 residents.
ZIP Code Overview
Source: Census ACSZIP Codes
7
Total Population
59,031
Avg Median Income
$68,824
Avg Home Value
-$95,122,795
ZIP Code Details
Source: Census ACS| ZIP Code | Population | Median Income | Home Value | Median Rent | Area (sq mi) |
|---|---|---|---|---|---|
| 45347 | 4,029 | $68,073 | $139,200 | $843 | 55.3 |
| 47324 | 262 | $67,734 | $75,000 | $942 | 0.2 |
| 47330 | 5,346 | $64,969 | $167,800 | $825 | 55.8 |
| 47341 | 2,513 | $82,361 | $159,200 | $671 | 33.7 |
| 47345 | 1,465 | $69,274 | $144,100 | $859 | 28.9 |
| 47374 | 45,186 | $52,566 | $121,800 | $816 | 119.8 |
| 47392 | 230 | $76,790 | N/A | N/A | 0.6 |
Richmond, IN has 7 ZIP codes with a combined population of 59,031. The average median household income across all ZIP codes is $68,824. The average median home value is -$95,122,795. The average median monthly rent is -$95,237,387.
Similar Cities
Cities with similar population, income, housing, crime, education, and demographic profiles.