Located in the state of California, Richmond is a medium-sized city with a population of 108,303 inhabitants. With a population density of 3,603 people per square mile, Richmond is well above the nation's average density level. More than a quarter of the residents of Richmond identify themselves as Hispanic or Latino, and 35% of the population speak Spanish as their primary or secondary language.
Are you trying to figure out if living in Richmond is the right fit for your lifestyle? To ensure a fulfilling experience before relocating to any new city in California, you will probably want to make sure that you check all of the most important boxes. Using the livability score which includes data from categories like crime, cost of living, weather, education, housing, you can easily compare the best places to live in Richmond and also determine if there are any nearby cities that might be a better match for your lifestyle. You can also compare Richmond to California and the national average.
Using data and statistics Richmond has received a livability score of 57/100. This score is ranked in the 11th percentile when compared to all other cities. This is a poor rating when compared to the average of other places in the country. If we check out each of the categories on their own, we see that Richmond ranks well for amenities (A+) and weather (B+). There are some categories that Richmond ranks poorly for, including: crime (F), cost of living (F), education (F) and employment (D). It might be worth taking a closer look to determine why.
Location, location, location - possibly the three most important words in your search for a new place to live. Fortunately, in Richmond, there is no shortage of amazing local amenities and interesting things to do. Here are some of the more popular things to do in Richmond: Battleship USS Iowa BB-61, Rosie the Riveter/World War II Home Front National Historical Park, and Point Isabelle.
Certain items on your wish list like shopping, restaurants, nightlife and proximity to public transportation are all important factors to search for. Having said that, perhaps the most important metric to consider when contemplating a move to Richmond is real estate affordability. Median real estate prices in Richmond come in at $330,200, which is 19.3% lower than the California average. The home price to income ratio compares the median home prices to the median household income. In Richmond, the home price to income ratio is 5.8, which is 9.4% lower than the California average. Real estate appreciation rates in Richmond are important to consider, as they can act as a guide to determine if your new home purchase will be a solid investment going forward. During the last twelve months, the appreciation rate for Richmond homes comes in at 10.6%, and the 5 year appreciation rates were 18%.