Richmond IN Commercial Properties For Sale
The median home value in Richmond, IN is $126,700. This is lower than the county median home value of $137,200. The national median home value is $338,100. The average price of homes sold in Richmond, IN is $126,700. Approximately 47.11% of Richmond homes are owned, compared to 37.27% rented, while 15.62% are vacant. Richmond real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you're interested in, contact a Richmond real estate agent to arrange a tour today!
Learn More About Richmond Real EstateStatistics & facts
35,854
Population
$126K
Medium Home Value
14,633
# of Households
15.62%
Housing Vacancy
32.56%
Future Job Growth
3.00%
Unemployment Rate
For Sale
$2,655,062
2
ba
3600 E Main Street
Richmond, IN 47374
Listing Courtesy of: DAVE CASH - REMAX R.E.A. 812-235-4433
For Sale
$9,500,000
2147 N Hwy 35
Richmond, IN 47374
Listing Courtesy of: Indiana Regional MLS Paul Faddis
For Sale
$349,900
36 S 9th Street
Richmond, IN 47374
Listing Courtesy of: Indiana Regional MLS Paul Faddis
For Sale
$399,999
1,500
sqft
1307 Sheridan Street
Richmond, IN 47374
Listing Courtesy of: Amanpreet Cheema - F.C. Tucker Company 317-570-3800
For Sale
$960,000
1500 N E Street
Richmond, IN 47374
Listing Courtesy of: Indiana Regional MLS Paul Faddis
Population
Richmond has a population of approximately 35,854 and experiences a population change rate of -8.36%. The population density is 1,494.1 / sq mi.
Household
The median household income for Richmond is $41,569, with 14,633 households and an average household size of 2.27.
Cost of Living
The cost of living index in Richmond is 71.8%.
Home Value
The median value of a home in Richmond is $126,700 with an appreciation rate of 15.1%. 47.1% of housing in the city is owned while 37.3% is rented.
Employment
The unemployment rate in Richmond is 3.00%, and recent job growth is at 1.26%. Future job growth is projected at 32.56%.
Taxes
The sales tax rate in Richmond is 7.00%, while the income tax rate is 3.23%.
Education
School expenditures in Richmond are $11,238, and the school ratio is 15:1.
Weather
The average high temperature in July is 84 degrees, with an average low temperature in January of 17.7 degrees. The average rainfall is approximately 41.5 inches per year, with 17 inches of snow per year.
Education near Richmond IN
| Metric | City | County |
|---|---|---|
| High School Graduates | 86.48 | 88.16 |
| College Degree - 2 year | 8.96 | 9.6 |
| College Degree - 4 year | 19.85 | 19.44 |
| Graduate Degree | 5.44 | 5.37 |
| Expenditures per Student | $11,238 | $11,238 |
| Students per Teacher | 15.00 | 15.00 |
Elementary Schools near Richmond IN
| School | Grades | Students | P/T Ratio | ZIP |
|---|---|---|---|---|
| Centerville-Abington Elementary School | 03 - 06 | 554 | 20.1 | 47330 |
| Charles Elementary School | PK - 04 | 498 | 15.1 | 47374 |
| Crestdale Elementary School | PK - 04 | 483 | 16.7 | 47374 |
| Elizabeth Starr Academy | PK - 04 | 384 | 14.8 | 47374 |
| Fairview Elementary School | PK - 04 | 308 | 12.8 | 47374 |
| Liberty Elementary School | KG - 05 | 342 | 15.6 | 47353 |
| Northeastern Elementary School | PK - 05 | 551 | 19 | 47341 |
| Randolph Southern Elementary School | KG - 06 | 242 | 13 | 47355 |
| Rose Hamilton Elementary School | PK - 02 | 456 | 18.6 | 47330 |
| Vaile Elementary School | PK - 04 | 343 | 13.7 | 47374 |
| Westview Elementary School | PK - 04 | 329 | 14.9 | 47374 |
Middle Schools near Richmond IN
| School | Grades | Students | P/T Ratio | ZIP |
|---|---|---|---|---|
| Centerville-Abington Junior High School | 07 - 08 | 258 | 14.3 | 47330 |
| Dennis Intermediate School | 05 - 08 | 712 | 11.1 | 47374 |
| Northeastern Middle School | 06 - 08 | 269 | 9.6 | 47341 |
| Test Intermediate School | 05 - 08 | 722 | 12 | 47374 |
| Union County Middle School | 06 - 08 | 341 | 17.9 | 47353 |
High Schools near Richmond IN
| School | Grades | Students | P/T Ratio | ZIP |
|---|---|---|---|---|
| Centerville Senior High School | 09 - 12 | 521 | 16.3 | 47330 |
| Northeastern High School | 09 - 12 | 436 | 13.6 | 47341 |
| Randolph Southern Junior/Senior High School | 07 - 12 | 241 | 11.5 | 47355 |
| Richmond High School | 09 - 12 | 1420 | 15.1 | 47374 |
| The Excel Center - Richmond | 09 - 12 | 296 | 26.6 | 47374 |
| Union County High School | 09 - 12 | 492 | 15.4 | 47353 |
Ungraded Schools near Richmond IN
| School | Grades | Students | P/T Ratio | ZIP |
|---|---|---|---|---|
| Community Youth Services | KG - 12 | 99 | 9 | 47374 |
