What percentage of people rent in Richmond West, FL?

16.2% (±3.2 points) of the occupied homes in Richmond West, FL are rented (2020–2024 American Community Survey).

That is 1,719 renting households against 8,898 that own their home.

In Richmond West, the share of households that rent went from 20.9% in 2015–2019 to 16.2% in 2020–2024 (−4.7 percentage points), a measurable decrease.

Figures last updated on .

Households that rent
16.2% (±3.2 points)
Renting households
1,719 (±355)
Median renter income
$83,852 (±$31,630)

Who rents and who owns in Richmond West

Tenure, estimate (90% margin of error)
Richmond WestMiami-Dade CountyFloridaUnited States
Renter-occupied share16.2% (±3.2 points)47.8% (±0.5 points)32.4% (±0.2 points)34.8%
Renting households1,719 (±355)465,971 (±5,269)2,834,163 (±17,461)45,017,354
Owning households8,898 (±628)509,440 (±5,300)5,918,647 (±31,594)84,210,142
Average renter household size3.3 (±0.6)2.6 (±0.0)2.5 (±0.0)2.3
Average owner household size3.3 (±0.2)2.9 (±0.0)2.5 (±0.0)2.6
Median renter household income$83,852 (±$31,630)$53,660 (±$1,055)$53,617 (±$353)$52,966
Median owner household income$105,575 (±$10,212)$94,956 (±$1,395)$88,144 (±$469)$100,009

In Richmond West, the renter share is lower than in Miami-Dade County (47.8%).

It is also lower than in Florida (32.4%).

It is lower than the national figure (34.8%).

In Miami-Dade County, Richmond West ranks 63 of 70 places with a published estimate, from highest to lowest renter share.

Statewide, it ranks 633 of 857.

Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.

How renting in Richmond West has changed since 2015–2019

2015–2019 and 2020–2024 American Community Survey 5-year estimates
2015–20192020–2024Amount of changeVerdict
Households that rent20.9% (±2.5 points)16.2% (±3.2 points)−4.7 percentage pointsMeasurable decrease
Median gross rent$1,878 (±$98)$2,644 (±$264)+40.8%Up after inflation
Median household income$75,842 (±$6,920)$101,970 (±$10,480)+34.5%No measurable change 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.

Households that rent in places near Richmond West

Nearest places with a published estimate, compared with Richmond West
PlaceDistanceHouseholds that rentCompared with this place
Richmond West—16.2% (±3.2 points)—
Country Walk1.7 mi20.1% (±5.8 points)Not measurably different
Three Lakes3.0 mi33.4% (±5.0 points)Higher
South Miami Heights3.1 mi37.9% (±3.3 points)Higher
Richmond Heights4.0 mi29.1% (±9.2 points)Higher
West Perrine4.1 mi46.3% (±8.3 points)Higher
Goulds4.2 mi43.9% (±8.4 points)Higher
The Hammocks4.4 mi37.3% (±3.5 points)Higher
Palmetto Estates4.4 mi13.7% (±3.6 points)Not measurably different

Nearby places with a measurably higher figure: Three Lakes, FL (33.4%), South Miami Heights, FL (37.9%), Richmond Heights, FL (29.1%).

Distance is measured in a straight line between the Census Bureau’s internal points for each place.

Households that rent across Miami-Dade County, place by place

RankPlaceHouseholds that rent
57Westwood Lakes23.2% (±6.2 points)
58Sunset23.0% (±4.3 points)
59Biscayne Park22.0% (±9.1 points)
60Palmetto Bay21.8% (±3.7 points)
61Country Walk20.1% (±5.8 points)
62Pinecrest17.2% (±3.1 points)
63Richmond West16.2% (±3.2 points)
64Olympia Heights15.2% (±5.3 points)
65Palmetto Estates13.7% (±3.6 points)
66Miami Shores12.5% (±4.2 points)
67Palm Springs North11.8% (±5.3 points)
68El Portal8.8% (±6.1 points)
69Fisher Island5.1% (±8.3 points)

Showing 13 of 70 places in Miami-Dade County, ranked from highest to lowest.

Richmond West 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 West

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Questions about Richmond West

How many renters are there in Richmond West?

Richmond West has an estimated 1,719 (±355) renting households, 16.2% of its occupied homes (2020–2024 American Community Survey).

Is renting growing in Richmond West?

In Richmond West, the share of households that rent went from 20.9% in 2015–2019 to 16.2% in 2020–2024 (−4.7 percentage points), a measurable decrease.

How big are renting households in Richmond West?

A renting household in Richmond West has 3.3 people on average, against 3.3 in an owned home.

How much do renters earn in Richmond West?

The median renting household in Richmond West, FL has an income of $83,852 (±$31,630) a year, against $105,575 for households that own their home.

Sources

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 West CDP, Florida (place:60230, in state:12).

Each estimate (E or PE) has a margin of error beside it (M or PM).

The 2015–2019 figures are DP04_0047PE, DP04_0047PM, B25064_001E, B25064_001M, B19013_001E, B19013_001M from the 2019 release.

The API needs a free key.

Request a Census API key.

DP04_0047PE, DP04_0047PM, DP04_0047E, DP04_0047M, DP04_0046E, DP04_0046M, DP04_0049E, DP04_0049M, DP04_0048E, DP04_0048M, B25119_003E, B25119_003M, B25119_002E, B25119_002M

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 .

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