Amenities
A wealth of amenities, such as restaurants, coffee shops, grocery stores, parks and fitness facilities, are all conveniently located within walking distance.
Commute
An elevated score in the commute category points to excellent public transit accessibility and shorter-than-average work commute times in this area.
Cost Of Living
Taking into account the cost of goods and services like housing, groceries, transportation and utilities, the overall cost of living in this area is well below average.
Housing
High scores in the housing category are a distinguishing feature of this area, possibly driven by a favorable home affordability ratio, higher home values and appreciation rates.
Health & Safety
Good air quality as well as nearby health facilities like hospitals, clinics, nursing homes, fire and police stations all contribute to a higher than average health and safety score.
Employment
In the employment category, a low score could be attributed to low income levels and high unemployment in the area, suggesting potential difficulties in finding lucrative employment.
Schools
The low schools score could result from issues like below-average graduation rates, inadequate reading and math scores, and the unavailability of local elementary and high schools.
Located in the state of Indiana, Richmond is a mid-sized city with a population of 35,467 people. At 83%, the majority of the Richmond population is White; this is followed by 8% Black and 2% Asian. Richmond is very likely to be a great place to live for singles as only 49%, of the population (over fifteen) are classified as married. If you are not a fan of long commutes, you will enjoy living in Richmond. With an average one way commute time of only 17 minutes, getting to and from work is a breeze compared to the national average of 26 minutes.
Living in Richmond can be a good experience for anyone moving to the town. Having said that, in the state of Indiana, there are many amazing places to live, so choose wisely! When searching for a new neighborhood, several factors play a vital role in determining its suitability. Safety should be a top priority, ensuring a secure environment with low crime rates. Proximity to your workplace or school helps minimize commuting time and allows for a better work-life balance. Availability of essential amenities such as parks, coffee shops, restaurants, grocery stores, and healthcare facilities contributes to convenience and well-being. Access to reliable public transportation options facilitates easy commuting and connectivity. Additionally, considering the sense of community and the overall atmosphere that resonates with your lifestyle and preferences fosters a harmonious living experience. Using the livability score which includes data from categories like amenities, cost of living, commute, you can easily compare the best places to live in Richmond and also determine if there are any nearby cities that might be a better match for your lifestyle. You can also compare Richmond to Indiana and the national average.
With a livability score of 81/100, Richmond is ranked #988 in the United States and #8 in Indiana. Pack your bags! This is a very high score in comparison to other US cities. Living in Richmond could be a great choice! The cherry on top is that Richmond also ranks in the top 10 percent of all cities. For each of the livability categories, we know that Richmond ranks very well for amenities (A) and housing (B+). On a more negative note, Richmond does not have favorable grades for the following: crime (D-), education (D-) and employment (F). If we take a look at the data, we can find out why.
If you're living in Richmond, you can expect to enjoy a multitude of local amenities, mostly thanks to the strategic placement of essential services such as grocery stores, restaurants, coffee shops, parks and various shops. If you're contemplating a move to this locale with the intent of establishing it as your permanent residence, you'll be pleased to find an extensive array of amenities and recreational opportunities within easy reach, either on foot or via a brief commute. This wealth of accessible amenities not only enhances the livability of the area but also ensures that you can enjoy a rich and fulfilling lifestyle, making Richmond an attractive destination for those seeking a vibrant and well-served community to call home. Among the enticing options for fun and exploration in Richmond are: Wayne County Historical Museum, Rose Garden, and Glen Miller Park.
Managing monthly expenses, from grocery bills to never-ending utility costs, can swiftly accumulate. Fortunately, we're delighted to share that the cost of living in Richmond is 22.1% lower than the national average. This translates to a tangible reduction in those persistent monthly expenditures, making Richmond a city where you can anticipate lower costs across the board when compared to many other urban areas. This financial advantage not only eases the burden of day-to-day living but also allows for a more budget-friendly lifestyle, ensuring that your hard-earned money goes further and providing an appealing incentive for those seeking to improve their financial well-being in a world where expenses continue to rise.
A healthy real estate market serves as a key economic indicator. It could signify overall local economic strength, stability and reflects consumer confidence in the area. Based on multiple factors including: median home and rental prices, appreciation rates and home affordability, Richmond has received high marks in the housing category. Based on these calculations, the apartment rental and real estate market appears to be very healthy.
Richmond real estate prices and overall affordability will play a huge role in determining if the area is the right fit for you. Of course there are probably some other items on your “wish list”, but even before they are considered, let’s take a look at the home prices and affordability in Richmond. The median home price for Richmond homes is $86,300, which is 31.8% lower than the Indiana average. If we take a closer look at the affordability of homes in Richmond, we’ll see that the home price to income ratio is 2.1, which is 16% lower than the Indiana average.
| Statistic | Richmond | Indiana | National |
| Average one way commute | 17min | 23min | 26min |
| Workers who drive to work | 77.6% | 83.0% | 76.4% |
| Workers who carpool | 10.3% | 8.9% | 9.3% |
| Workers who take public transit | 0.7% | 1.1% | 5.1% |
| Workers who bicycle | 0.2% | 0.5% | 0.6% |
| Workers who walk | 5.4% | 2.1% | 2.8% |
| Working from home | 3.1% | 3.5% | 4.6% |
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