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A+ Richfield Amenities Lots of amenities close to this location
D Richfield Cost of Living Cost of living is 1% higher than Minnesota
Richfield
1033% more expensive than the US average
Minnesota
1022% more expensive than the US average
United States
100National cost of living index
Richfield cost of living
B- Richfield Crime Total crime is 16% higher than Minnesota
Total crime
2,8132% higher than the US average
Chance of being a victim
1 in 362% higher than the US average
Year-over-year crime
9%Year over year crime is up
Richfield crime
C- Richfield Employment Household income is 14% lower than Minnesota
Median household income
$54,6421% lower than the US average
Income per capita
$29,839equal to the US average
Unemployment rate
4%15% lower than the US average
Richfield employment
B Richfield Housing Home value is 2% lower than Minnesota
Median home value
$188,1002% higher than the US average
Median rent price
$8985% lower than the US average
Home ownership
62%3% lower than the US average
Richfield real estate or Richfield rentals
D- Richfield Schools HS graduation rate is 3% lower than Minnesota
High school grad. rates
87%5% higher than the US average
School test scores
41%17% lower than the US average
Student teacher ratio
14:112% lower than the US average
Richfield K-12 schools or Richfield colleges

Living in Richfield, MN

Located in the state of Minnesota, Richfield is a moderately-sized city with a population of 35,912 people. With a population density of 5,344 people per square mile, Richfield is well above the nation's average density level. The majority of Richfield residents report their race to be White; this is followed by Black and Asian. If you are looking for a family friendly city, Richfield might be a good fit as 74% of the population over 15 years old are married, and 54% have kids who are 18 years old or younger.

If you’re considering relocating to any new city, it could be a very daunting task. However, it could also be a positive experience if you are willing to get to know the town before actually living in Richfield, Minnesota. The best areas in Richfield and in surrounding cities are easier to find when you are able to make informed decisions. Using data from cost of living, weather, education, housing, you will see a detailed breakdown of the most important information as well as comparisons to the Minnesota and national averages.

The livability score in Richfield is 73 out of 100 and the city is ranked in the 74th percentile of all cities across America. Based on the rankings for each individual category, Richfield has received high marks for amenities (A+), crime (B) and housing (B). Regrettably for Richfield, there are some categories for which it does not score well, this includes: cost of living (D), weather (F) and education (D-).

Location, location, location - possibly the three most important words in your search for a new place to live. Fortunately, in Richfield, there is no shortage of amazing local amenities and interesting things to do.

Finding affordable real estate and apartments for rent in Richfield can be tricky. Having said that, this area might be the place to get the best of both worlds. Based on factors like home/rental affordability and appreciation rates, this area has received an above average score in the housing category.

Assuming that Richfield meets all of your requirements, the next most important item to examine is the affordability of real estate in Richfield. Everything else becomes a lot less important if it turns out that home prices in Richfield are simply unattainable. Median real estate prices in Richfield come in at $188,100, which is 1.8% lower than the Minnesota average. The home price to income ratio compares the median home prices to the median household income. In Richfield, the home price to income ratio is 3.4, which is 13.3% higher than the Minnesota average. Year over year appreciation rates for homes in the Richfield area were 6.1% and the 5 year appreciation rates came in at 7.9%. Why is this important? Knowing the appreciation rates for any area is a quick and easy way to determine if you will see a solid return on your investment.

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Compare Richfield, MN Livability To Other Cities

Best Neighborhoods In & Around Richfield, MN

PlaceLivability scoreScoreMilesPopulationPop.
Waite Park, Minneapolis8310.85,394
West Calhoun, Minneapolis8351,400
Cedar-Isles-Dean, Minneapolis815.93,385
Diamond Lake, Minneapolis801.85,735
PlaceLivability scoreScoreMilesPopulationPop.
Morris Park, Minneapolis803.72,899
Hale, Minneapolis792.73,318
Kenny, Minneapolis781.73,863
Armatage, Minneapolis782.14,528

Best Cities Near Richfield, MN

PlaceLivability scoreScoreMilesPopulationPop.
Champlin, MN8421.223,929
Gem Lake, MN8317.6463
Falcon Heights, MN839.55,534
Eden Prairie, MN818.863,206
PlaceLivability scoreScoreMilesPopulationPop.
Savage, MN819.129,399
Northfield, MN8129.520,405
Circle Pines, MN8120.14,947
New Prague, MN8126.97,534

How Do You Rate The Livability In Richfield?

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Richfield Reviews

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Richfield, Minnesota: A Great Minneapolis Suburb

Attractions9/10
Community8/10
Nightlife7/10
Dining7/10
Shopping9/10
After living in Richfield for a few years, I've come to appreciate this small city just outside Minneapolis. I've always been a fan of fresh coffee and bagels in the morning and Richfield has plenty of small cafes I can stop by.

The cost of owning a home or renting an apartment is reasonable in Richfield. You'll easily be able to have a comfortable lifestyle here, and the decent selection of part-time and full-time jobs make it relatively easy to find a job as well. The winters can get a little chilly but it's nothing to worry about, and the summers are warm and sunny as well.

One of the best areas in the city is Augsburg Park Library. It's overlooking a park of the same name and it's is a perfect place to spend an afternoon with my dog and a good book. Richfield is certainly a place that I am proud to call my home.
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Reason for reporting
Source: The Richfield, MN data and statistics displayed above are derived from the 2016 United States Census Bureau American Community Survey (ACS).
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