The median household income in Richmond, IN in 2022 was $41,429, which was 61.2% less than the median annual income of $66,785 across the entire state of Indiana. Compared to the median income of $30,210 in 2000 this represents an increase of 27.1%. The per capita income in 2022 was $24,271, which means an increase of 29.6% compared to 2000 when it was $17,096.
Whole page based on the data from 2000 / 2022 when the population of Richmond, Indiana was 39,124 / 35,509
Income statistics for all residents
Median household income in Richmond, IN in 2022:
Richmond:
$41,429
State:
$66,785
Change in median household income between 2000 and 2022:
Richmond, Indiana:
+37.1%
Indiana:
+60.7%
Number of households with income < $10k:
Richmond:
10.2% (1,537)
State:
5.6% (151,905)
Number of households with income $10k - 20k:
Richmond:
14.4% (2,172)
State:
7.1% (193,665)
Number of households with income $20k - 30k:
Richmond:
11.7% (1,768)
State:
7.8% (213,166)
Number of households with income $30k - 40k:
Richmond:
12.4% (1,868)
Indiana:
8.5% (231,051)
Number of households with income $40k - 50k:
Richmond:
8.9% (1,343)
Indiana:
8.4% (227,994)
Number of households with income $50k - 60k:
Richmond:
7.7% (1,164)
Indiana:
7.7% (210,699)
Number of households with income $60k - 75k:
Richmond:
7.2% (1,086)
Indiana:
10.3% (279,665)
Number of households with income $75k - 100k:
Richmond:
13.1% (1,969)
State:
14.1% (383,225)
Number of households with income $100k - 125k:
Richmond:
6.0% (901)
State:
10.3% (279,559)
Number of households with income $125k - 150k:
Richmond:
4.2% (627)
Indiana:
6.3% (172,553)
Number of households with income $150k - 200k:
Richmond:
2.5% (371)
Indiana:
7.3% (198,086)
Number of households with income > $200k:
Richmond:
1.8% (277)
State:
6.8% (184,921)
Aggregate household income in Richmond in 2022: $839,456,676
Median family income in Richmond in 2022:
Richmond:
$58,641
State:
$84,508
Number of families with income < $10k:
Richmond:
11.2% (972)
State:
3.5% (60,982)
Number of families with income $10k - 20k:
Richmond:
8.0% (693)
State:
3.8% (66,551)
Number of families with income $20k - 30k:
Richmond:
8.6% (747)
State:
4.7% (82,197)
Number of families with income $30k - 40k:
Richmond:
7.4% (641)
Indiana:
6.2% (108,519)
Number of families with income $40k - 50k:
Richmond:
9.9% (861)
Indiana:
7.3% (126,404)
Number of families with income $50k - 60k:
Richmond:
8.5% (738)
Indiana:
7.4% (128,779)
Number of families with income $60k - 75k:
Richmond:
6.7% (580)
State:
10.7% (185,712)
Number of families with income $75k - 100k:
Richmond:
18.6% (1,620)
State:
16.1% (280,434)
Number of families with income $100k - 125k:
Richmond:
8.1% (706)
State:
12.7% (221,659)
Number of families with income $125k - 150k:
Richmond:
6.4% (561)
State:
8.2% (142,241)
Number of families with income $150k - 200k:
Richmond:
4.0% (347)
State:
9.9% (171,875)
Number of families with income > $200k:
Richmond:
2.8% (240)
State:
9.5% (164,753)
Median non-family income in Richmond in 2022:
Richmond:
$28,736
Indiana:
$39,768
Change in median non-family income between 2000 and 2022:
Richmond, Indiana:
+48.6%
State:
+67.9%
Median per capita income in Richmond in 2022:
Richmond:
$24,272
Indiana:
$35,984
Change in median per capita income between 2000 and 2022:
Richmond, Indiana:
+42.0%
State:
+76.4%
Income statistics for White residents
Median household income in Richmond, IN in 2022:
Richmond:
$43,694
State:
$70,619
Change in median household income between 2000 and 2022:
Richmond, Indiana:
+42.9%
State:
+65.2%
Number of households with income < $10k:
Richmond:
7.9% (1,012)
State:
4.5% (100,447)
Number of households with income $10k - 20k:
Richmond:
14.0% (1,798)
Indiana:
6.5% (144,216)
Number of households with income $20k - 30k:
Richmond:
12.4% (1,583)
Indiana:
7.5% (166,045)
Number of households with income $30k - 40k:
Richmond:
12.3% (1,579)
State:
8.1% (179,206)
Number of households with income $40k - 50k:
Richmond:
9.2% (1,179)
Indiana:
8.1% (178,985)
Number of households with income $50k - 60k:
Richmond:
8.8% (1,127)
State:
7.8% (171,865)
Number of households with income $60k - 75k:
Richmond:
7.0% (898)
State:
10.5% (231,572)
Number of households with income $75k - 100k:
Richmond:
12.4% (1,593)
State:
14.6% (323,007)
Number of households with income $100k - 125k:
Richmond:
6.4% (824)
Indiana:
10.6% (235,112)
Number of households with income $125k - 150k:
Richmond:
4.6% (592)
State:
6.7% (148,936)
Number of households with income $150k - 200k:
Richmond:
2.5% (326)
Indiana:
7.7% (170,750)
Number of households with income > $200k:
Richmond:
2.2% (287)
State:
7.3% (160,805)
Aggregate household income in Richmond in 2022: $747,767,307
Median family income in Richmond in 2022:
Richmond:
$58,302
Indiana:
$88,109
Number of families with income < $10k:
Richmond:
8.7% (647)
Indiana:
2.5% (35,020)
Number of families with income $10k - 20k:
Richmond:
8.1% (603)
State:
3.3% (47,383)
Number of families with income $20k - 30k:
Richmond:
9.0% (672)
State:
4.2% (60,156)
Number of families with income $30k - 40k:
Richmond:
7.0% (518)
State:
5.8% (82,106)
Number of families with income $40k - 50k:
Richmond:
10.3% (765)
State:
6.9% (98,385)
Number of families with income $50k - 60k:
Richmond:
9.7% (721)
State:
7.3% (104,303)
Number of families with income $60k - 75k:
Richmond:
6.6% (489)
Indiana:
10.7% (152,202)
Number of families with income $75k - 100k:
Richmond:
17.0% (1,267)
State:
16.8% (237,844)
Number of families with income $100k - 125k:
Richmond:
8.6% (641)
Indiana:
13.2% (187,178)
Number of families with income $125k - 150k:
Richmond:
7.0% (520)
Indiana:
8.6% (122,703)
Number of families with income $150k - 200k:
Richmond:
4.6% (339)
State:
10.5% (148,889)
Number of families with income > $200k:
Richmond:
3.4% (249)
State:
10.1% (143,001)
Median non-family income in Richmond in 2022:
Richmond:
$28,310
Indiana:
$41,009
Change in median non-family income between 2000 and 2022:
Richmond, Indiana:
+46.1%
State:
+69.4%
Median per capita income in Richmond in 2022:
Richmond:
$26,295
Indiana:
$38,746
Change in median per capita income between 2000 and 2022:
Richmond, Indiana:
+49.3%
State:
+82.8%
Income statistics for Black or African American residents
Median household income in Richmond, IN in 2022:
Richmond:
$32,351
Indiana:
$43,638
Change in median household income between 2000 and 2022:
Richmond, Indiana:
+20.5%
State:
+49.6%
Number of households with income < $10k:
Richmond:
15.9% (164)
Indiana:
12.9% (33,270)
Number of households with income $10k - 20k:
Richmond:
12.1% (125)
Indiana:
12.1% (31,195)
Number of households with income $20k - 30k:
Richmond:
19.3% (200)
State:
10.4% (26,676)
Number of households with income $30k - 40k:
Richmond:
8.5% (88)
State:
11.0% (28,436)
Number of households with income $40k - 50k:
Richmond:
13.2% (137)
State:
9.5% (24,370)
Number of households with income $50k - 60k:
Richmond:
5.6% (58)
State:
7.5% (19,416)
Number of households with income $60k - 75k:
Richmond:
7.4% (77)
Indiana:
8.0% (20,642)
Number of households with income $75k - 100k:
Richmond:
7.5% (78)
State:
9.8% (25,235)
Number of households with income $100k - 125k:
Richmond:
2.6% (27)
State:
8.1% (20,841)
Number of households with income $125k - 150k:
Richmond:
1.7% (18)
Indiana:
4.0% (10,319)
Number of households with income $150k - 200k:
Richmond:
5.7% (59)
State:
4.3% (11,187)
Number of households with income > $200k:
Richmond:
0.3% (3)
Indiana:
2.3% (5,833)
Aggregate household income in Richmond in 2022: $25,963,606
Median family income in Richmond in 2022:
Richmond:
$60,602
Indiana:
$55,405
Number of families with income < $10k:
Richmond:
8.5% (39)
State:
10.9% (15,764)
Number of families with income $10k - 20k:
Richmond:
6.2% (28)
State:
7.8% (11,239)
Number of families with income $20k - 30k:
Richmond:
12.4% (56)
State:
7.9% (11,442)
Number of families with income $30k - 40k:
Richmond:
10.6% (48)
State:
9.0% (13,040)
Number of families with income $40k - 50k:
Richmond:
14.7% (67)
State:
9.6% (13,856)
Number of families with income $50k - 60k:
Richmond:
6.1% (28)
State:
8.1% (11,700)
Number of families with income $60k - 75k:
Richmond:
13.6% (62)
State:
9.7% (14,058)
Number of families with income $75k - 100k:
Richmond:
16.7% (76)
Indiana:
11.1% (16,066)
Number of families with income $100k - 125k:
Richmond:
6.0% (27)
Indiana:
10.7% (15,401)
Number of families with income $125k - 150k:
Richmond:
4.6% (21)
State:
5.8% (8,303)
Number of families with income > $200k:
Richmond:
0.8% (4)
State:
3.3% (4,719)
Median non-family income in Richmond in 2022:
Richmond:
$29,240
State:
$31,410
Change in median non-family income between 2000 and 2022:
Richmond, Indiana:
+44.1%
State:
+56.8%
Median per capita income in Richmond in 2022:
Richmond:
$28,400
Indiana:
$25,414
Change in median per capita income between 2000 and 2022:
Richmond, Indiana:
+73.3%
State:
+68.9%
Income statistics for Asian residents
Median household income in Richmond, IN in 2022:
Richmond:
$52,218
Indiana:
$83,010
Change in median household income between 2000 and 2022:
Richmond, Indiana:
+41.4%
Indiana:
+93.3%
Number of households with income < $10k:
Richmond:
12.5% (29)
State:
8.8% (4,794)
Number of households with income $10k - 20k:
Richmond:
24.6% (57)
Indiana:
5.6% (3,049)
Number of households with income $20k - 30k:
Richmond:
0.0% (0)
Indiana:
5.8% (3,176)
Number of households with income $30k - 40k:
Richmond:
12.5% (29)
Indiana:
6.6% (3,602)
Number of households with income $40k - 50k:
Richmond:
4.3% (10)
State:
6.0% (3,269)
Number of households with income $50k - 60k:
Richmond:
9.9% (23)
State:
5.3% (2,888)
Number of households with income $60k - 75k:
Richmond:
7.3% (17)
State:
9.3% (5,056)
Number of households with income $75k - 100k:
Richmond:
13.8% (32)
Indiana:
9.9% (5,425)
Number of households with income $100k - 125k:
Richmond:
9.5% (22)
State:
10.5% (5,738)
Number of households with income $125k - 150k:
Richmond:
0.0% (0)
Indiana:
6.0% (3,266)
Number of households with income $150k - 200k:
Richmond:
5.6% (13)
State:
10.5% (5,738)
Number of households with income > $200k:
Richmond:
0.0% (0)
State:
15.8% (8,618)
Aggregate household income in Richmond in 2022: $13,840,062
Median family income in Richmond in 2022:
Richmond:
$57,974
State:
$103,261
Number of families with income $10k - 20k:
Richmond:
11.4% (12)
State:
2.5% (953)
Number of families with income $30k - 40k:
Richmond:
39.9% (43)
Indiana:
6.8% (2,631)
Number of families with income $50k - 60k:
Richmond:
21.1% (23)
State:
4.5% (1,730)
Number of families with income $75k - 100k:
Richmond:
14.8% (16)
State:
10.2% (3,955)
Number of families with income $150k - 200k:
Richmond:
12.7% (14)
State:
13.5% (5,212)
Median per capita income in Richmond in 2022:
Richmond:
$20,579
State:
$41,211
Change in median per capita income between 2000 and 2022:
Richmond, Indiana:
+78.6%
State:
+83.8%
Income statistics for Hispanic or Latino residents
Median household income in Richmond, IN in 2022:
Richmond:
$67,986
State:
$59,737
Change in median household income between 2000 and 2022:
Richmond, Indiana:
+110.9%
State:
+60.8%
Number of households with income < $10k:
Richmond:
5.9% (22)
Indiana:
5.8% (8,513)
Number of households with income $10k - 20k:
Richmond:
18.0% (67)
Indiana:
7.6% (11,151)
Number of households with income $20k - 30k:
Richmond:
0.0% (0)
State:
8.7% (12,768)
Number of households with income $30k - 40k:
Richmond:
12.1% (45)
Indiana:
9.8% (14,507)
Number of households with income $40k - 50k:
Richmond:
17.2% (64)
State:
10.4% (15,272)
Number of households with income $50k - 60k:
Richmond:
1.9% (7)
State:
8.0% (11,829)
Number of households with income $60k - 75k:
Richmond:
18.5% (69)
State:
11.4% (16,875)
Number of households with income $75k - 100k:
Richmond:
15.5% (58)
State:
14.5% (21,434)
Number of households with income $100k - 125k:
Richmond:
1.6% (6)
State:
9.2% (13,525)
Number of households with income $125k - 150k:
Richmond:
0.0% (0)
State:
4.9% (7,171)
Number of households with income $150k - 200k:
Richmond:
9.4% (35)
State:
5.2% (7,618)
Number of households with income > $200k:
Richmond:
0.0% (0)
Indiana:
4.7% (6,892)
Aggregate household income in Richmond in 2022: $19,659,484
Median per capita income in Richmond in 2022:
Richmond:
$14,387
State:
$22,779
Change in median per capita income between 2000 and 2022:: -16.0%
Richmond, Indiana:
-16.0%
Indiana:
+76.3%
Income statistics for American Indian and Alaska Native residents
Median household income in Richmond, IN in 2022:
Richmond:
$58,368
State:
$55,059
Number of households with income < $10k:
Richmond:
8.5% (7)
State:
9.9% (859)
Number of households with income $10k - 20k:
Richmond:
0.0% (0)
Indiana:
5.8% (503)
Number of households with income $20k - 30k:
Richmond:
0.0% (0)
State:
5.4% (467)
Number of households with income $30k - 40k:
Richmond:
0.0% (0)
Indiana:
6.5% (560)
Number of households with income $40k - 50k:
Richmond:
35.4% (29)
Indiana:
16.4% (1,423)
Number of households with income $50k - 60k:
Richmond:
0.0% (0)
State:
8.9% (769)
Number of households with income $60k - 75k:
Richmond:
56.1% (46)
State:
9.1% (788)
Number of households with income $75k - 100k:
Richmond:
0.0% (0)
State:
22.7% (1,966)
Number of households with income $100k - 125k:
Richmond:
0.0% (0)
State:
4.5% (387)
Number of households with income $125k - 150k:
Richmond:
0.0% (0)
Indiana:
0.6% (49)
Number of households with income $150k - 200k:
Richmond:
0.0% (0)
Indiana:
5.4% (469)
Number of households with income > $200k:
Richmond:
0.0% (0)
State:
4.9% (425)
Aggregate household income in Richmond in 2022: $6,210,257
Median per capita income in Richmond in 2022:
Richmond:
$8,672
State:
$27,558
Change in median per capita income between 2000 and 2022:: -33.5%
Richmond, Indiana:
-33.5%
State:
+66.2%
Income statistics for Multirace residents
Median household income in Richmond, IN in 2022:
Richmond:
$40,715
State:
$59,942
Number of households with income < $10k:
Richmond:
8.5% (81)
State:
7.0% (9,131)
Number of households with income $10k - 20k:
Richmond:
15.9% (152)
State:
7.5% (9,781)
Number of households with income $20k - 30k:
Richmond:
15.0% (143)
State:
8.1% (10,666)
Number of households with income $30k - 40k:
Richmond:
6.3% (60)
State:
9.9% (12,947)
Number of households with income $40k - 50k:
Richmond:
13.6% (130)
State:
9.9% (13,028)
Number of households with income $50k - 60k:
Richmond:
5.6% (53)
State:
7.7% (10,076)
Number of households with income $60k - 75k:
Richmond:
17.5% (167)
State:
11.2% (14,741)
Number of households with income $75k - 100k:
Richmond:
12.3% (117)
Indiana:
14.5% (18,959)
Number of households with income $100k - 125k:
Richmond:
0.4% (4)
Indiana:
8.9% (11,697)
Number of households with income $125k - 150k:
Richmond:
4.4% (42)
Indiana:
4.9% (6,406)
Number of households with income $150k - 200k:
Richmond:
0.5% (5)
State:
5.9% (7,688)
Number of households with income > $200k:
Richmond:
0.0% (0)
Indiana:
4.6% (6,026)
Aggregate household income in Richmond in 2022: $40,403,376
Median family income in Richmond in 2022:
Richmond:
$63,296
State:
$70,519
Number of families with income < $10k:
Richmond:
14.6% (75)
State:
7.8% (6,802)
Number of families with income $10k - 20k:
Richmond:
2.5% (13)
State:
4.7% (4,071)
Number of families with income $20k - 30k:
Richmond:
12.1% (62)
State:
5.8% (5,034)
Number of families with income $40k - 50k:
Richmond:
13.7% (70)
Indiana:
8.3% (7,195)
Number of families with income $60k - 75k:
Richmond:
30.4% (156)
State:
11.7% (10,192)
Number of families with income $75k - 100k:
Richmond:
18.2% (93)
State:
16.4% (14,276)
Number of families with income $125k - 150k:
Richmond:
7.5% (38)
State:
5.8% (5,065)
Number of families with income $150k - 200k:
Richmond:
1.0% (5)
State:
7.8% (6,758)
Median non-family income in Richmond in 2022:
Richmond:
$28,602
State:
$38,166
Median per capita income in Richmond in 2022:
Richmond:
$13,684
Indiana:
$23,668
Change in median per capita income between 2000 and 2022:
Richmond, Indiana:
+62.8%
Indiana:
+108.5%
Income statistics for other residents
Number of households with income < $10k:
Richmond:
0.0% (0)
State:
5.4% (3,404)
Number of households with income $10k - 20k:
Richmond:
36.1% (66)
Indiana:
7.8% (4,921)
Number of households with income $20k - 30k:
Richmond:
14.2% (26)
State:
9.7% (6,136)
Number of households with income $30k - 40k:
Richmond:
4.4% (8)
State:
9.7% (6,125)
Number of households with income $40k - 50k:
Richmond:
5.5% (10)
Indiana:
11.0% (6,919)
Number of households with income $50k - 60k:
Richmond:
4.4% (8)
State:
8.5% (5,388)
Number of households with income $60k - 75k:
Richmond:
4.4% (8)
State:
10.8% (6,838)
Number of households with income $75k - 100k:
Richmond:
27.9% (51)
State:
13.7% (8,633)
Number of households with income $100k - 125k:
Richmond:
3.3% (6)
State:
9.2% (5,784)
Number of households with income $125k - 150k:
Richmond:
0.0% (0)
State:
5.6% (3,523)
Number of households with income $150k - 200k:
Richmond:
0.0% (0)
State:
3.6% (2,254)
Number of households with income > $200k:
Richmond:
0.0% (0)
State:
5.0% (3,185)
Aggregate household income in Richmond in 2022: $16,055,863
Median per capita income in Richmond in 2022:
Richmond:
$16,311
State:
$23,719
Change in median per capita income between 2000 and 2022:
Richmond, Indiana:
+83.8%
State:
+99.6%
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