What is the median household income in Richmond Heights, FL?
The median household income in Richmond Heights, FL is $67,606 (±$5,551) a year (2020–2024 American Community Survey).
Paying the median gross rent of $1,801 a month would take about $72,000 a year at the common guideline of spending no more than 30% of income on rent.
In Richmond Heights, the median household income went from $49,067 in 2015–2019 to $67,606 in 2020–2024 (+37.8%).
Prices (CPI-U) rose 22.7% over the same years; the change is not measurably different from the rise in prices.
Figures last updated on .
- Median household income
- $67,606 (±$5,551)
- Median renter income
- $54,057 (±$4,118)
- Income to afford median rent
- about $72,000
Income in Richmond Heights against Miami-Dade County, its state and the nation
| Richmond Heights | Miami-Dade County | Florida | United States | |
|---|---|---|---|---|
| Median household income | $67,606 (±$5,551) | $71,753 (±$708) | $74,568 (±$284) | $80,734 |
| Median renter household income | $54,057 (±$4,118) | $53,660 (±$1,055) | $53,617 (±$353) | $52,966 |
| Median owner household income | $83,464 (±$9,527) | $94,956 (±$1,395) | $88,144 (±$469) | $100,009 |
| Median gross rent | $1,801 (±$94) | $1,829 (±$10) | $1,669 (±$5) | $1,413 |
In Richmond Heights, median household income is not measurably different from Miami-Dade County ($71,753).
It is also lower than in Florida ($74,568).
It is lower than the national figure ($80,734).
In Miami-Dade County, Richmond Heights ranks 43 of 69 places with a published estimate, from highest to lowest median household income.
Statewide, it ranks 478 of 846.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
How much you need to earn to rent in Richmond Heights
Many landlords and housing programs use 30% of gross income as the most a household should spend on rent.
At that guideline, the median gross rent of $1,801 a month ($21,612 a year) needs an income of about $72,000 a year.
The median renting household in Richmond Heights earns $54,057 a year, less than that.
This is arithmetic on the published medians, not a rule any landlord must follow; screening criteria vary and some places limit how income may be weighed.
Income against housing costs since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Median household income | $49,067 (±$5,924) | $67,606 (±$5,551) | +37.8% | No measurable change after inflation |
| Median gross rent | $1,478 (±$378) | $1,801 (±$94) | +21.9% | No measurable change after inflation |
| Median home value | $211,000 (±$14,164) | $378,100 (±$25,346) | +79.2% | Up after inflation |
The Census Bureau publishes 2015–2019 dollars in 2019 dollars and 2020–2024 dollars in 2024 dollars.
Prices (the CPI-U, US Bureau of Labor Statistics) rose 22.7% between 2019 and 2024, so a dollar figure’s verdict compares the two after raising the earlier one by that much, using the Census Bureau’s test for a difference.
The two periods do not overlap, as the Census Bureau recommends for 5-year estimates.
Median household income in places near Richmond Heights
| Place | Distance | Median household income | Compared with this place |
|---|---|---|---|
| Richmond Heights | — | $67,606 (±$5,551) | — |
| Palmetto Estates | 1.0 mi | $82,064 (±$3,955) | Higher |
| Three Lakes | 1.9 mi | $102,306 (±$7,947) | Higher |
| West Perrine | 1.9 mi | $66,997 (±$8,065) | Not measurably different |
| Kendall | 2.7 mi | $87,325 (±$5,927) | Higher |
| The Crossings | 3.2 mi | $91,012 (±$13,815) | Higher |
| South Miami Heights | 3.2 mi | $65,417 (±$5,988) | Not measurably different |
| Palmetto Bay | 3.4 mi | $142,447 (±$9,768) | Higher |
| Country Walk | 3.9 mi | $124,540 (±$18,352) | Higher |
Nearby places with a measurably higher figure: Palmetto Estates, FL ($82,064), Three Lakes, FL ($102,306), Kendall, FL ($87,325).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Median household income across Miami-Dade County, place by place
| Rank | Place | Median household income |
|---|---|---|
| 37 | Ives Estates | $72,239 (±$7,667) |
| 38 | Glenvar Heights | $72,118 (±$7,858) |
| 39 | Kendale Lakes | $71,621 (±$5,142) |
| 40 | Virginia Gardens | $70,469 (±$25,119) |
| 41 | Kendall West | $69,554 (±$6,538) |
| 42 | Ojus | $68,644 (±$4,583) |
| 43 | Richmond Heights | $67,606 (±$5,551) |
| 44 | West Perrine | $66,997 (±$8,065) |
| 45 | Hialeah Gardens | $65,439 (±$6,110) |
| 46 | Homestead | $65,423 (±$3,803) |
| 47 | South Miami Heights | $65,417 (±$5,988) |
| 48 | Fountainebleau | $64,908 (±$6,372) |
| 49 | Miami Gardens | $63,627 (±$1,785) |
Showing 13 of 69 places in Miami-Dade County, ranked from highest to lowest.
Richmond Heights is a census-designated place: an unincorporated community the Census Bureau draws for statistics, with no municipal government of its own.
Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.
Margins of error are at the 90% confidence level.
What you can do on Seayora in Richmond Heights
One account for renting, owning, managing and fixing homes, with these figures beside you.
Own or manage a rental?
List it, sign the lease and collect rent online, with the figures for Richmond Heights beside you.
Create a landlord account · See what landlords get
Looking for a place to rent?
Browse homes for rent near Richmond Heights, save the ones you like and apply online.
Browse rentals · Create a renter account
Do repairs, renovations or maintenance?
Get found by owners and renters near Richmond Heights, and send estimates and invoices from your phone.
Questions about Richmond Heights
What is the median household income in Richmond Heights?
The median household income in Richmond Heights is $67,606 (±$5,551) a year (2020–2024 American Community Survey).
How much do you need to make to afford rent in Richmond Heights?
About $72,000 a year, if rent is to stay at or below 30% of income at the median gross rent of $1,801 a month.
Have incomes in Richmond Heights kept up with inflation?
In Richmond Heights, the median household income went from $49,067 in 2015–2019 to $67,606 in 2020–2024 (+37.8%).
Prices (CPI-U) rose 22.7% over the same years; the change is not measurably different from the rise in prices.
What do renters earn in Richmond Heights?
The median renting household in Richmond Heights, FL earns $54,057 (±$4,118) a year.
Sources
- Selected Economic Characteristics (DP03), 2020–2024 ACS 5-year estimates — Richmond Heights CDP, Florida
- Median Household Income by Tenure (B25119), 2020–2024 ACS 5-year estimates — Richmond Heights CDP, Florida
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Richmond Heights CDP, Florida
- Median Household Income (B19013), 2015–2019 ACS 5-year estimates — Richmond Heights CDP, Florida
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — Richmond Heights CDP, Florida
- Median Value (B25077), 2015–2019 ACS 5-year estimates — Richmond Heights CDP, Florida
- Consumer Price Index for All Urban Consumers (CPI-U), US city average, all items, US Bureau of Labor Statistics: annual averages 2019 and 2024
To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) and detailed tables (acs/acs5) for Richmond Heights CDP, Florida (place:60225, in state:12).
Each estimate (E or PE) has a margin of error beside it (M or PM).
The 2015–2019 figures are B19013_001E, B19013_001M, B25064_001E, B25064_001M, B25077_001E, B25077_001M from the 2019 release.
The API needs a free key.
DP03_0062E, DP03_0062M, B25119_003E, B25119_003M, B25119_002E, B25119_002M, DP04_0134E, DP04_0134M
This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.
Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.
Figures last updated on .
Related
- Housing in Richmond Heights at a glance
- Median rent in Richmond Heights
- Rent by bedrooms in Richmond Heights
- Rent burden in Richmond Heights
- Renters and owners in Richmond Heights
- Home values in Richmond Heights
- Homeowner costs in Richmond Heights
- Property taxes in Richmond Heights
- Types of homes in Richmond Heights
- Bedrooms in Richmond Heights
- Age of homes in Richmond Heights
- Heating fuel in Richmond Heights
- Commute and cars in Richmond Heights
- Population growth in Richmond Heights
- How long people stay in Richmond Heights
- Crowding and facilities in Richmond Heights
- Florida landlord and tenant rules
- Housing across Miami-Dade County
- Florida places ranked by median household income
- Housing data for every place in Florida