Richmond, MI 48062 has a population of approximately 9,615 and experiences a population change rate of 15.10%. The population density is 243.5 / sq mi .
Richmond, MI 48062 has a population of approximately 9,615 and experiences a population change rate of 15.10%. The population density is 243.5 / sq mi .
The median household income for Richmond, MI 48062 is $69,485, with 3,387 households and an average household size of 2.74.
The median value of a home in Richmond, MI 48062 is $260,000 with an appreciation rate of 10.80%. 81.35% of housing in the state is owned while 15.23% is rented.
The cost of living in Richmond, MI 48062 is 108.2 %.
The unemployment rate in Richmond, MI 48062 is 2.00%, and recent job growth is at 0.86%. Future job growth is projected at 45.54%.
The sales tax rate in Richmond, MI 48062 is 6.00%, while the income tax rate is 4.25% .
School expenditures in Richmond, MI 48062 are $13,444, and the school ratio is 17.6:1.
The average high temperature in July is 81.8 degrees, with an average low temperature in January of 15.2 degrees. The average rainfall is approximately 34 inches per year, with 36.1 inches of snow per year.