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.
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.
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.
Richwood is a small city located in the state of Ohio. The city has a population of 2,506 inhabitants. If we look at the most recent Census, Richwood is known to have a predominantly White population. The next two most common races are Black and Asian. When traveling to work, spending unnecessary time in your vehicle is not ideal and downright frustrating. Across all of America, the average one way commute time is 26 minutes, unfortunately, living in Richwood offers up a higher than average one way commute time of 33 minutes.
Without the right tools, relocating to any new town can be very stressful and challenging. Living in Richwood, Ohio could be a good experience for anyone who puts in the effort to do the research required. When searching for a new neighborhood, several key items should be considered. Safety is paramount, ensuring a secure environment for you and your family. Proximity to workplaces or schools reduces commuting time and enhances convenience. Access to amenities like parks, grocery stores and healthcare facilities contributes to a comfortable lifestyle. Reliable public transportation options promote easy mobility. A strong sense of community fosters social connections and a welcoming atmosphere. To help you find the best places to live in and around Richwood, AreaVibes has created a livability score using key metrics like amenities, commute, health & safety, education and more.
Using data and statistics Richwood has received a livability score of 64/100. This score is ranked in the 56th percentile when compared to all other cities. There are nine total categories that form the livability score. Richwood ranks well for crime (B+), education (B) and housing (A+) Richwood does not rank well for the following: amenities (F). It might be a smart idea to take a closer look at each category to find out why.
Unemployment rates can range pretty dramatically from one city to another. Knowing that Richwood has an unemployment rate of 0.8% 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.
Test scores serve as a vital gauge of a school's academic prowess and the proficiency of its students. They play a pivotal role in assessing whether local schools can deliver a robust educational foundation for children. In Richwood, the schools boast an impressive average test score of 73%, significantly higher than the national average. This outstanding academic achievement not only reflects the excellence of the local educational system, but also indicates the potential for students to thrive academically, making it an attractive destination for families seeking a high-quality education for their children.
Real estate represents the most substantial investment for homebuyers, constituting their most valuable asset. Renters, on the other hand, typically see their monthly rent as their most significant expense. The Richwood market earns a high score in the housing category, surpassing the national average in factors like home and rental affordability and appreciation rates. This robust real estate market not only benefits individual homeowners and renters but also spurs vigorous local economic activity and job growth, solidifying its significance in driving the region's prosperity and financial well-being.
Assuming that Richwood meets all of your requirements like low crime rates, good schools and great local amenities, the next most important item to examine is the affordability of real estate in Richwood. Everything else becomes a lot less important if it turns out that home prices in Richwood are simply unattainable. The median home price for Richwood homes is $196,745, which is 16.2% lower than the Ohio 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 2.7, which is 12.9% lower than the Ohio average.
| Statistic | Richwood | Ohio | National |
| Average one way commute | 33min | 23min | 26min |
| Workers who drive to work | 87.6% | 83.4% | 76.4% |
| Workers who carpool | 10.2% | 7.8% | 9.3% |
| Workers who take public transit | 0.0% | 1.7% | 5.1% |
| Workers who bicycle | 0.0% | 0.3% | 0.6% |
| Workers who walk | 0.0% | 2.3% | 2.8% |
| Working from home | 2.2% | 3.7% | 4.6% |
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