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.
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.
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.
Crime
This area reports elevated crime rates per 100,000 individuals, potentially pointing some areas being unsafe for its residents. Stats are based on both property and violent crimes.
Employment
In the employment category, a low score could be attributed to low income levels and high unemployment in the area, suggesting potential difficulties in finding lucrative employment.
Schools
The low schools score could result from issues like below-average graduation rates, inadequate reading and math scores, and the unavailability of local elementary and high schools.
Located in the state of Louisiana, Richwood is a smaller city with a population of 4,897 inhabitants. With a total of 72%, the Black or African American racial group makes up the majority of the population in Richwood. The next most represented races are 25% White and 0% Asian. With an average age of 33 years old, Richwood could be a great place to live for young adults as this age is well below the national average. Single men and women might be happy to hear that in Richwood, only 14% of the population is married. If you're not a fan of traffic congestion and long commute times to work, Richwood is the place to be. Commutes to work here are shorter, with an average one-way commute time taking only 20 minutes, significantly lower than the national average of 26 minutes.
If you’re considering relocating to any new city, it could be a very intimidating task. However, it could also be a fulfilling experience if you are willing to get to know the city before actually living in Richwood, Louisiana. 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. The best areas in Richwood and in surrounding cities are easier to find when you are able to make informed decisions. Using data from amenities, crime, health & safety, housing, you will see a detailed breakdown of the most important information as well as comparisons to the Louisiana and national averages.
Richwood has a livability score of 56 out of 100 and is ranked #331 in Louisiana and #22,619 in the USA. This score ranks well below the United States average. With such a low livability score, it might be worth investigating a little further. For each of the livability categories, we can establish that Richwood ranks very well for housing (A+). Richwood does not fare well for the following: amenities (F), crime (F), education (F) and employment (F). It might be a smart idea to take a closer look at each category to find out why.
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, Richwood 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 Richwood is actually affordable. The median home price for Richwood homes is $110,318, which is 58.8% lower than the Louisiana average. If we take a closer look at the affordability of homes in Richwood, we’ll see that the home price to income ratio is 3, which is 25% lower than the Louisiana average.
Why stop at city-to-city? With Local Insights, you can compare neighborhoods, zip codes, or even exact addresses. Access 300+ hyperlocal data points—from schools and crime to housing and amenities—to see which area is the better fit.
| Statistic | Richwood | Louisiana | National |
| Average one way commute | 20min | 25min | 26min |
| Workers who drive to work | 91.4% | 82.6% | 76.4% |
| Workers who carpool | 3.0% | 9.6% | 9.3% |
| Workers who take public transit | 3.4% | 1.3% | 5.1% |
| Workers who bicycle | 0.0% | 0.5% | 0.6% |
| Workers who walk | 1.4% | 1.8% | 2.8% |
| Working from home | 0.0% | 2.6% | 4.6% |
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