Richmond, MN 56368 has a population of approximately 4,587 and experiences a population change rate of 24.17%. The population density is 66.6 / sq mi .
Richmond, MN 56368 has a population of approximately 4,587 and experiences a population change rate of 24.17%. The population density is 66.6 / sq mi .
The median household income for Richmond, MN 56368 is $82,733, with 1,646 households and an average household size of 2.51.
The median value of a home in Richmond, MN 56368 is $332,300 with an appreciation rate of 13.60%. 66.03% of housing in the state is owned while 7.06% is rented.
The cost of living in Richmond, MN 56368 is 104.7 %.
The unemployment rate in Richmond, MN 56368 is 2.90%, and recent job growth is at 0.72%. Future job growth is projected at 27.73%.
The sales tax rate in Richmond, MN 56368 is 7.12%, while the income tax rate is 6.80% .
School expenditures in Richmond, MN 56368 are $15,893, and the school ratio is 15.3:1.
The average high temperature in July is 82.1 degrees, with an average low temperature in January of 2.4 degrees. The average rainfall is approximately 29.5 inches per year, with 45.6 inches of snow per year.