Richmond 67 Good
Richmond Livability #389 ranked city in Michigan#9,976 ranked city in the USARanks better than 65% of areas

Pros and Cons of Living in Richmond

PROS
  • 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.

  • Crime

    Crime per 100,000 people is significantly lower than the national average, making it a safe place to live. These crime statistics include both violent and property crimes.

  • 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.

  • Ratings

    Based on recent surveys and polls, locals gave high marks in the walkability to local amenities, safety, public transit, friendliness of neighbors and overall sense of community in the area.

CONS
  • Amenities

    The majority of amenities are not ideally located within walking distance. To access these amenities, residents may be required to rely on a vehicle or public transit.

  • Commute

    A low commute score could be due to longer-than-average work commutes and the limited availability of public transportation in this area.

  • Health & Safety

    The low score in this category could be due to challenges related to air quality and the limited accessibility of health-related facilities like hospitals, nursing homes, doctors and pharmacies.

New Real Estate Listings in Richmond Area
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What's it like Living in Richmond?

Richmond, Michigan is a small-sized city with a population of 5,851 residents. The majority of Richmond residents report their race to be White; this is followed by Native Hawaiian and Black. When traveling to work, spending unnecessary time in your vehicle is not ideal and downright frustrating. Across all of America, the average one way commute time is 26 minutes, unfortunately, living in Richmond offers up a higher than average one way commute time of 31 minutes.

If you’re considering relocating to any new city, it could be a very intimidating task. However, it could also be a good experience if you are willing to get to know the area before actually living in Richmond, Michigan. When searching for a new neighborhood, several key items should be considered. Safety is of utmost importance, ensuring a secure environment with low crime. Proximity to your workplace or school helps reduce commuting time and offers convenience. Access to amenities such as parks, grocery stores, and healthcare facilities enhances your daily life. Public transportation options contribute to easy mobility. A sense of community fosters a supportive and engaging environment. Lastly, the overall atmosphere should align with your desired lifestyle, ensuring a fulfilling living experience. Considering these items will guide you towards finding the perfect neighborhood that fits all your needs. To help you find the best places to live in and around Richmond, AreaVibes has created a livability score using key metrics like amenities, cost of living, commute, employment, housing and more.

Richmond has a livability score of 65/100 and is ranked #420 in Michigan and #10,913 in the USA. There are nine total categories that generate the livability score. Richmond scores well for crime (A), cost of living (A+) and housing (A+) Richmond does not score well for the following: amenities (F) and employment (D). It might be a good idea to take a closer look at each category to find out why.

Crime rates can be the deciding factor for anyone looking to relocate to a new area, as the result is often a greater level of safety and security as well as an improved quality of life. Richmond gets top scores for their low violent crime rates of 121 crimes per 100,000 residents, which are significantly lower than the national average.

Real estate represents the most substantial investment for homebuyers, constituting their most valuable asset. Renters, on the other hand, typically see their monthly rent as their most significant expense. The Richmond market earns a high score in the housing category, surpassing the national average in factors like home and rental affordability and appreciation rates. This robust real estate market not only benefits individual homeowners and renters but also spurs vigorous local economic activity and job growth, solidifying its significance in driving the region's prosperity and financial well-being.

There are many factors that go into deciding if an area is the right fit for your lifestyle. Certain “must haves” like low crime, great schools and nearby amenities are all at the top of most people's lists. But before even considering if those options are attainable, we'll need to know if the real estate in Richmond is actually affordable. The median home price for Richmond homes is $187,900, which is 47% higher than the Michigan 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 3.4, which is 36% higher than the Michigan average.

Best Places to Live in and Around Richmond

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How Do You Rate The Livability In Richmond?

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Compare Richmond, MI Livability

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      Richmond transportation information

      Statistic Richmond Michigan National
      Average one way commute31min24min26min
      Workers who drive to work76.2%82.5%76.4%
      Workers who carpool13.9%8.8%9.3%
      Workers who take public transit0.0%1.4%5.1%
      Workers who bicycle0.0%0.5%0.6%
      Workers who walk0.0%2.2%2.8%
      Working from home9.9%3.7%4.6%
      Source: The Richmond, MI data and statistics displayed above are derived from the United States Census Bureau American Community Survey (ACS).