Richmond, MN Employment - Median Household Income, Unemployment Rate

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C+

6%

Income/capita NAT. AVG.

1%

Household income NAT. AVG.

64%

Unemployment NAT. AVG.

Index	Richmond	Minnesota	National
Income per capita	$28,053	$33,225	$29,829
Median household income	$56,042	$63,217	$55,322
Median income owner occupied	$61,196	$77,618	$70,586
Median income renter occupied	$18,500	$34,348	$35,192
Median earnings male	$50,323	$40,933	$36,919
Median earnings female	$32,098	$29,114	$26,250
Unemployment rate	1.7%	3.4%	4.7%
Poverty level	9.7%	10.8%	15.1%

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Key findings

The income per capita in Richmond is 6% lower than the national average
The median household income in Richmond is 1% higher than the national average
Male median earnings are 41% higher than female median earnings
The unemployment rate in Richmond is 64% lower than the national average
The poverty level in Richmond is 36% lower than the national average

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am i middle class

$37,357 $56,042 $112,084

City

$42,140 $63,217 $126,434

State

$36,877 $55,322 $110,644

Nation

According to the PEW research center, the middle class is defined as a range from two thirds (2/3) of the median household income to a multiple of two (2) times the median household income. Displayed above are the city, state and national median household income averages. Simply enter your median household income to determine if your income falls into the middle class or if your household income is considered upper or lower class.

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Richmond median earnings by income bracket

Richmond employment by industry

Labour Type	Male	Female
Construction industry	21.9%	21.9%
Manufacturing sector	29.0%	29.0%
Financial & insurance services	0.3%	0.3%
Wholesale & retail services	11.5%	11.5%
Public administration	1.4%	1.4%
Transportation, warehousing & utilities	9.6%	9.6%
Education, health & social services	3.3%	3.3%
Other	22.4%	22.4%

Nearby cities with high median household income

City	Population	Household Income	National Avg.
Rockville, MN	2,571	$88,438	59.9%
Lake Henry, MN	86	$88,269	59.6%
Avon, MN	1,547	$85,463	54.5%
Freeport, MN	855	$75,500	36.5%
St. Martin, MN	356	$73,750	33.3%
Richmond, MN	1,384	$56,042	1.3%

Cities with similar population

City	Population	Household Income	National Avg.
Gridley, IL	1,384	$59,464	7.5%
Warner, OK	1,384	$31,324	43.4%
Coburg, OR	1,384	$55,900	1.0%
Highfill, AR	1,383	$87,500	58.2%
Ladera, CA	1,385	$193,077	249.0%
Richmond, MN	1,384	$56,042	1.3%

Source: The Richmond, MN employment data displayed above is derived from the United States Census Bureau American Community Survey (ACS).