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.
Employment
Higher than average median household income, income per capita and lower unemployment rates are seen in this area. The result is a high score in the employment category.
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.
Schools
The schools category earns a high score due to factors like exceptional test scores, strong education levels and the close proximity of elementary and high schools in this area.
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 Richmond is a smaller city located in the state of Wisconsin. The city has a population of 9,479 people. At 97%, the majority of the New Richmond population is White; this is followed by 1% Black and 0% Asian. Long travel times to work can be one of the most frustrating things in the world - right behind housework! If you decide that living in New Richmond is the right fit for you, your one way commute time will average 25 minutes, which is about average when compared to the national commute time of 26 minutes.
Whether you’re moving to a new town to be closer to family, friends or for a new job, living in New Richmond could be a positive experience compared to other cities in Wisconsin if you know where to search. Don't forget to determine what matters most to you in a neighborhood. Consider factors such as safety, proximity to work or school, access to amenities (like parks, fitness facilities, grocery stores, restaurants), public transportation options, community atmosphere and the overall vibe you're looking for. The best areas in New Richmond and in surrounding cities are easier to find when you are able to make informed decisions. Using data from amenities, cost of living, commute, education, housing, you will see a detailed breakdown of the most important information as well as comparisons to the Wisconsin and national averages.
New Richmond has a livability score of 74/100 and is ranked #159 in Wisconsin and #4,452 in the USA. There are nine total categories that generate the livability score. New Richmond ranks well for crime (A+), cost of living (A-), education (B+), employment (A-) and housing (A+) Regrettably for New Richmond, there are some categories for which it does not rank well, this includes: amenities (D-).
Feeling a sense of safety in the area that you live in is a must for most people. Low crime rates can have a positive impact on things like home prices, home appreciation rates and can help foster positive community dynamics and social cohesion. New Richmond has a violent crime rate of 110 crimes per 100,000 residents which is far lower than the national average.
Unemployment rates can range pretty dramatically from one city to another. Knowing that New Richmond has an unemployment rate of 0.5% could mean increased job opportunities with a higher demand for workers. It could also lead to higher wages, as the demand for workers exceeds the availability of jobs. Most importantly, it could be a sign of a healthy and thriving local economy.
A healthy real estate market serves as a key economic indicator. It could signify overall local economic strength, stability and reflects consumer confidence in the area. Based on multiple factors including: median home and rental prices, appreciation rates and home affordability, New Richmond has received high marks in the housing category. Based on these calculations, the apartment rental and real estate market appears to be very healthy.
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 New Richmond is actually affordable. Median real estate prices in New Richmond come in at $352,527, which is 17% higher than the Wisconsin average. The home price to income ratio compares the median home prices to the median household income. In New Richmond, the home price to income ratio is 3.5, which is 5.4% lower than the Wisconsin average.
| Statistic | New Richmond | Wisconsin | National |
| Average one way commute | 25min | 22min | 26min |
| Workers who drive to work | 76.9% | 80.7% | 76.4% |
| Workers who carpool | 13.3% | 8.3% | 9.3% |
| Workers who take public transit | 0.0% | 1.9% | 5.1% |
| Workers who bicycle | 0.0% | 0.8% | 0.6% |
| Workers who walk | 0.3% | 3.3% | 2.8% |
| Working from home | 7.2% | 4.2% | 4.6% |
Here are the best places to live in Wisconsin
Most Dangerous Cities In The US
See the best places to live in New Richmond
Check out the 10 safest cities in Wisconsin