Pros and Cons of Living in Richmond, Indiana

Google Map of Richmond, Indiana

Richmond

City in Indiana
Rated 0 out of 5

City Ratings 

Richmond

81

Livability
citytistics.com
A

Livability

A+

Cost

B

Education

A+

Crime

Livability scores are on a scale of 0-100, each score is individually based on all the data that is collected and then ran through a machine learning algorithm and combined with a standard methodology.

City Navigation

Pros and Cons of Living in Richmond

You might be looking to move to Richmond, Indiana or just interested in the city’s livability, so to help you, we’ve put together the pros and cons of living in Richmond. This assessment ranks the factors used to assess livability and compares them against other cities on a national and state level. While this assessment should give a good detailed idea about the advantages and disadvantages of living in Richmond, it might not incorporate all areas that might appeal to some people.

Since moving to a new city can be a big decision. Hopefully, this evaluation will help you in your career change, relocation, or just a change.

Summary of Pros and Cons

Pros  

  • Livability
  • Cost of Living
  • Crime
  • Education

Cons

    Details of Pros and Cons


    Living in Richmond, Indiana

    Richmond is a small city in the state of Indiana which is located in the county of Wayne. Richmond hasn't seen a lot of growth of new residents over the past 5 years but maintained a small consistent amount of new residents moving into the city. The population has reached 35653 with a population growth rate of 0.0% in the last year and 0.0% in the last 5 years.Living in Richmond has a suburban feel, which can be nice for families looking for more space than larger densely packed cities for the money and a good area to raise children.

    City Type:

    Suburban

    Home Value:

    $85,700

    Mortgage:

    $891

    The estimates above for a typical home value and mortgage are based on median values for the area. Data sources: American Community Survey and the US Census.


    Pros and Cons Details

    Pros of Living in Richmond

    • Livability – Richmond’s overall livability score is above average. This rating is the sum of the city’s data points and factors, and then a weighting of these variables is used to determine a good standard quality of life compared to other cities. The livability score considers education, crime, cost of living, and residents’ overall happiness calculated as a predictive index through our advanced statistical models.
    • Cost of Living – When choosing a new place to live, the cost of living is a significant consideration. The cost of living in Richmond is lower than the national average and most cities in the state. While some areas can be higher than others on a state and federal level, the overall average of housing costs, utilities, grocery items, transportation, health care, and miscellaneous goods and services are less expensive.
    • Crime – In Richmond, crime rates are lower than in other Suburban areas, nationally and statewide. Every day, almost half of the population thinks about crime and safety. If you call Richmond home or are considering moving here, odds are your shouldn’t worry as much, and it is a significant pro and consideration for living here.
    • Education – Overall, education for the area is good and ranks high on national and statewide levels compared to other cities. These ranking calculations consider factors such as public school graduation rates, enrollment rates, teacher to student ratios, and student and parent reviews. This data and scores are a weighted average of the area’s schools.

    Cons of Living in Richmond


      Population & Growth

      Population

      35,653

      1 Year Growth

      0%

      5 Year Growth

      0%


      Who Lives in Richmond?

      The city is filled with many young adults and people looking to start a family. The median age in the city is about 39 years old. The typical family has on average 2.9 people including children and parents. In terms of diversity, on a national level, Richmond ranks number 2807 which is above the national average for diversity and on a state level ranks 64 which is above the state average.

      Median Age:

      39.3

      Average Family Size:

      2.93

      People in Poverty %:

      16.6%

      Data sources: American Community Survey and the US Census.

      Population of Male and Female Residents

      Male
      47.7%
      Female
      52.3%

      City Search

      Search
      Generic filters
      Search in excerpt

      Share:

      Write a Review


      Richmond Reviews

      0
      Rated 0 out of 5
      0 out of 5 stars (based on 0 reviews)
      Excellent0%
      Very good0%
      Average0%
      Poor0%
      Terrible0%

      There are no reviews yet. Be the first one to write one.