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Richmond Indiana Real Estate By Jennifer Hershey

Richmond Indiana Real Estate

Richmond, Indiana, is located in Wayne County, 34 miles NW of Hamilton, Ohio and 66 miles E of Indianapolis, Indiana. Richmond has a population of 39,124.

Richmond Homes

Richmond properties pool is 16,343 residential properties including Richmond new homes. Median age of real estate in Richmond is 1952. Average Household size is 2.89 people. 3% are one bedroom homes, 28% are 2 bedroom homes, 51% are 3 bedroom homes, 17% are 4 bedroom homes, and 2% are 5+ bedroom homes.

Richmond Mortgage Statistics

Richmond mortgages vs. USA median statistics

Homes Richmond USA
Homes With No Mortgage 33%
30%
Homes With Mortgage 67%
70%
First Mortgage Only 51%
54%
First & Second Mortgage or HELOC 15%
16%

Richmond Area Real Estate Tax

Richmond Real estate Tax: Median Real Estate Taxes (2000) were $671 comparing to 1999 Median Family income $ 38,346. Compare to USA median yearly Real Estate Tax $1,300 and USA median Family Income $42,000 (1999).

Richmond School District: Children make up 23.4% of Richmond population. Richmond has 9,168 under 18 years old residents, or 0.53 kids per one worker, or 0.56 kids per one household.

Richmond Real Estate & Richmond Homeownership

There are 5556.62 or 34% one person households, 5393.19 or 33% two person households, and 2451.45 or 15% three person households in Richmond, Indiana. Median residents age is 36.3, Senior citizens (65+) make up 6,425 or 16.4%% of Richmond population.

There are 17,311 workers (over 16 years of age) in Richmond. Of these, 91.8% drive to work. Approximately 0.99% of workers in Richmond take public transportation. An estimated 4.04% walk to work.

Median Richmond homeowner's housing expences are 16.5%

Crime in Richmond (2003), crimes per 10,000 residents per year

Type of Crime Richmond USA, 2003
Violent Crimes
51.12
47.5
Robberies
16.61
14.2
Aggravated Assaults
27.6
29.5
Property Crimes
415.6
358.8
Burglaries
105.05
74.0
Larceny-Thefts
266.08
241.5
Motor Vehicle Thefts
44.47
43.3

Invest in Richmond Properties

When making a decision about buying real estate in Richmond Indiana area, you should consider following statistical data:

Category Richmond USA
Near Medium City
Hamilton, Ohio
-
Near Large City
Indianapolis, Indiana
-
Richmond Zip Codes
47374
-
Richmond Area Codes
765
-
White population
86.78%
75.1%
African-American population
8.87%
12.3%
Asian
0.8%
3.6%
American Indian & Alaskan
0.27%
0.9%
Hispanic (of any race)
2.03%
12.5%
Median Family Income (1999)
$ 38,346%
$42,000
Population Below Poverty Level
14.95%
12.4%

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See Also:

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Bedford Indiana Real Estate
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Crawfordsville Indiana Real Estate
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