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Economy, IN

144 Population
0.1 square miles 1,605.5 people per square mile

Census data: ACS 2024 5-year unless noted

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Demographics

43.8 ±11.3 Median age
  • about 10 percent higher than the figure in the Richmond, IN Micro Area: 41 ±0.4
  • about 20 percent higher than the figure in Indiana: 38.1 ±0.2
  • about 10 percent higher than the figure in United States: 38.9 ±0.1

Economics

$19,524 ±$4,747 Per capita income
  • about three-fifths of the amount in the Richmond, IN Micro Area: $32,895 ±$1,911
  • about half the amount in Indiana: $38,351 ±$197
  • about two-fifths of the amount in United States: $44,673 ±$122
$42,212 ±$11,743 Median household income
  • about three-quarters of the amount in the Richmond, IN Micro Area: $55,692 ±$3,150
  • about three-fifths of the amount in Indiana: $71,957 ±$352
  • about half the amount in United States: $80,734 ±$166

22.2% ±16.8% (32  ±28) Persons below poverty line
  • about 25 percent higher than the rate in the Richmond, IN Micro Area: 17.9% 11,507 (±1.5% / ±987)
  • nearly double the rate in Indiana: 12.3% 821,528 (±0.2% / ±13,330)
  • more than 1.5 times the rate in United States: 12.5% 40,735,660 (±0.1% / ±275,861)

28.9 minutes ±4.6 (1,300  ±753) Mean travel time to work
  • about 1.3 times the figure in the Richmond, IN Micro Area: 21.8 580,795 (±1.1 / ±34,104)
  • about 20 percent higher than the figure in Indiana: 24.1 70,277,840 (±0.1 / ±387,394)
  • about 10 percent higher than the figure in United States: 26.4 3,569,606,700 (±0 / ±5,719,373)

Families

55 ±20 Number of households
  • the Richmond, IN Micro Area: 26,975 ±385
  • Indiana: 2,716,009 ±6,039
  • United States: 129,227,496 ±209,365
2.6 ±0.6 (144  ±63) Persons per household
  • about 10 percent higher than the figure in the Richmond, IN Micro Area: 2.4 64,346 (±0 / ±158)
  • about 10 percent higher than the figure in Indiana: 2.5 6,671,685
  • a little higher than the figure in United States: 2.5 326,722,430

5.6% ±7.5% (2  ±3) Women 15-50 who gave birth during past year
  • a little less than the rate in the Richmond, IN Micro Area: 5.7% † 819 (±1.5% / ±219)
  • about the same as the rate in Indiana: 5.4% 85,809 (±0.2% / ±2,404)
  • about 10 percent higher than the rate in United States: 5.1% 4,009,203 (±0% / ±20,898)

Housing

68 ±24 Number of housing units
  • the Richmond, IN Micro Area: 30,736 ±86
  • Indiana: 2,976,568 ±617
  • United States: 143,775,360 ±10,234

$56,100 ±$20,116 Median value of owner-occupied housing units
  • about two-fifths of the amount in the Richmond, IN Micro Area: $140,200 ±$8,712
  • about one-quarter of the amount in Indiana: $218,200 ±$739
  • about one-fifth of the amount in United States: $332,700 ±$236

7% ±15.1% (10  ±21.8) Moved since previous year
  • about half the rate in the Richmond, IN Micro Area: 13.1% † 8,616 (±1.7% / ±1,100.8)
  • about half the rate in Indiana: 12.7% 860,071 (±0.2% / ±12,028.6)
  • about three-fifths of the rate in United States: 12.3% 40,747,183 (±0% / ±136,530.8)

Social

90.6% ±23.3% (87  ±38.1) High school grad or higher
  • a little higher than the rate in the Richmond, IN Micro Area: 87.8% 39,820 (±2.9% / ±1,308)
  • about the same as the rate in Indiana: 90.4% 4,153,503 (±0.4% / ±16,066.5)
  • about the same as the rate in United States: 89.6% 206,814,894 (±0.1% / ±283,951.7)
13.5% ±28.3% (13  ±27.6) Bachelor's degree or higher
  • about two-thirds of the rate in the Richmond, IN Micro Area: 20.5% 9,274 (±1.4% / ±644.5)
  • about half the rate in Indiana: 29.5% 1,354,639 (±0.2% / ±9,464)
  • about two-fifths of the rate in United States: 35.7% 82,363,217 (±0.1% / ±182,857.7)

N/A Persons with language other than English spoken at home

N/A Foreign-born population

15.5% ±13.4% (15  ±14) Population with veteran status
  • nearly double the rate in the Richmond, IN Micro Area: 8% 4,109 (±0.6% / ±324)
  • more than double the rate in Indiana: 6.3% 328,414 (±0.1% / ±4,168)
  • more than double the rate in United States: 6.2% 16,185,883 (±0% / ±45,251)
15 Total veterans ±14 15 Male ±14 N/A Female ±13

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