Housing data for Richland Township (Madison County), IN
Richland Township (Madison County), IN has an estimated 5,101 residents and 2,267 homes (US Census Bureau, 2020–2024 American Community Survey).
It is a township in Madison County.
25.5% of households rent.
The median gross rent is $2,125 a month.
Its population grew measurably since 2015–2019 (+7.6%).
Figures last updated on .
- Residents
- 5,101 (±23)
- Housing units
- 2,267 (±267)
- Households that rent
- 25.5%
- Median gross rent
- $2,125
- Residents since 2015–2019
- +7.6%
What stands out in Richland Township (Madison County)
Median gross rent: $2,125 (±$384) in Richland Township (Madison County), higher than in Madison County ($939).
Renters paying 30% or more of income: 84.5% (±34.6 points) in Richland Township (Madison County), higher than in Madison County (49.0%).
Homes in buildings of 5 or more units: 0.0% (±2.8 points) in Richland Township (Madison County), lower than in Madison County (6.6%).
Households that moved in since 2020: 9.0% (±4.4 points) in Richland Township (Madison County), lower than in Madison County (23.6%).
- Median rent in Richland Township (Madison County)
- Rent burden in Richland Township (Madison County)
- Types of homes in Richland Township (Madison County)
- How long people stay in Richland Township (Madison County)
Housing in Richland Township (Madison County) at a glance
- Median rent: $2,125 median gross rent a month
- Rent burden: 84.5% of renters pay 30% or more of income
- Renters and owners: 25.5% of households rent (Small sample: wide margin of error)
- Income and affordability: $63,901 median household income
- Home values: $174,600 median home value
- Homeowner costs: $1,148 median monthly cost with a mortgage
- Property taxes: $1,314 median real estate taxes a year
- Types of homes: 0.0% of homes are in buildings of 5 or more units
- Bedrooms: 79.1% of homes have 3 or more bedrooms
- Age of homes: 82.4% of homes were built before 1980
- Vacancy rate: 0.0% rental vacancy rate (Small sample: wide margin of error)
- Heating fuel: 50.0% heat with utility gas
- Commute and cars: 26.0 minutes average trip to work
- Growth: +7.6% residents since 2015–2019
- How long people stay: 9.0% moved in since 2020
- Crowding and facilities: 1.9% of homes have more than 1 person per room (Small sample: wide margin of error)
Richland Township (Madison County) against Madison County, its state and the nation
| Richland Township (Madison County) | Madison County | Indiana | United States | |
|---|---|---|---|---|
| Residents | 5,101 (±23) | 131,900 (exact) | 6,851,073 (exact) | 334,922,499 |
| Housing units | 2,267 (±267) | 59,301 (±63) | 2,976,568 (±617) | 143,775,355 |
| Households that rent | 25.5% (±12.7 points) | 29.8% (±1.4 points) | 29.4% (±0.3 points) | 34.8% |
| Median gross rent | $2,125 (±$384) | $939 (±$24) | $1,062 (±$5) | $1,413 |
| Median household income | $63,901 (±$7,799) | $63,037 (±$2,053) | $71,957 (±$352) | $80,734 |
| Median home value | $174,600 (±$15,151) | $161,300 (±$3,165) | $218,200 (±$739) | $332,700 |
| Median real estate taxes (a year) | $1,314 (±$144) | $1,192 (±$32) | $1,614 (±$9) | $3,119 |
| Built before 1980 | 82.4% (±15.1 points) | 70.4% (±2.5 points) | 55.0% (±0.3 points) | 49.7% |
| Average commute | 26.0 minutes (±4.1) | 26.3 minutes (±0.8) | 24.1 minutes (±0.1) | 26.4 minutes |
| Households with broadband | 88.2% (±5.6 points) | 89.6% (±1.0 points) | 89.9% (±0.2 points) | 91.0% |
| Median age of residents | 48.3 years (±4.1) | 40.9 years (±0.3) | 38.1 years (±0.2) | 38.9 years |
Richland Township (Madison County) covers 27.8 square miles of land, about 184 residents per square mile (Census Bureau Gazetteer).
How Richland Township (Madison County) has changed since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Residents | 4,741 (±31) | 5,101 (±23) | +7.6% | Measurable increase |
| Housing units | 2,110 (±136) | 2,267 (±267) | +7.4% | Not a measurable change |
| Median gross rent | $833 (±$108) | $2,125 (±$384) | +155.1% | Up after inflation |
| Median home value | $113,900 (±$9,022) | $174,600 (±$15,151) | +53.3% | Up after inflation |
| Median household income | $58,109 (±$5,027) | $63,901 (±$7,799) | +10.0% | No measurable change after inflation |
| Median owner cost with a mortgage | $992 (±$71) | $1,148 (±$71) | +15.7% | No measurable change after inflation |
| Median real estate taxes | $901 (±$51) | $1,314 (±$144) | +45.8% | Up after inflation |
| Households that rent | 11.6% (±4.5 points) | 25.5% (±12.7 points) | +13.9 percentage points | Measurable increase |
| Rental vacancy rate | 14.0% (±21.0 points) | 0.0% (±6.6 points) | −14.0 percentage points | Not a measurable change |
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.
Crime reported to police in Madison County
Richland Township (Madison County) has no police department of its own in the FBI’s figures, so this is the figure for Madison County as a whole.
In 2025, the police departments that report for Madison County recorded 220 violent and 1,023 property crimes per 100,000 residents.
A county-wide figure describes the whole county, not this place; crime varies from one community to the next.
ZIP codes in Richland Township (Madison County)
| ZIP code | Share of the ZIP’s land in this place | Residents | Median gross rent | Median home value | Median household income |
|---|---|---|---|---|---|
| 46012 | 48% | 20,855 | $1,032 | $159,600 | $58,041 |
| 46001 | 16% | 10,375 | $831 | $154,700 | $70,962 |
A ZIP code is a mail route rather than a boundary, so the Census Bureau publishes figures for ZIP Code Tabulation Areas built from census blocks; the share column says how much of each one’s land lies in this place.
Places near Richland Township (Madison County)
| Place | Distance | Median gross rent | Median home value | Households that rent |
|---|---|---|---|---|
| Chesterfield | 5.1 mi | $964 | $113,100 | 27.7% |
| Country Club Heights | 5.3 mi | — | $246,900 | 0.0% |
| Lafayette Township (Madison County) | 5.6 mi | $748 | $153,800 | 19.8% |
| Daleville | 5.7 mi | $779 | $117,300 | 34.3% |
| Woodlawn Heights | 6.0 mi | — | $413,600 | 10.0% |
| Monroe Township (Madison County) | 6.0 mi | $832 | $128,000 | 30.2% |
| Alexandria | 6.1 mi | $801 | $97,800 | 40.3% |
| Yorktown | 6.1 mi | $926 | $186,700 | 11.5% |
Places in Indiana most like Richland Township (Madison County)
| Place | Median gross rent | Median home value | Median household income | Households that rent |
|---|---|---|---|---|
| Osceola | $1,654 | $196,900 | $66,503 | 17.5% |
| Spencer Township (DeKalb County) | $1,739 | $210,100 | $54,018 | 40.0% |
| Rocky Ripple | $1,463 | $194,800 | $72,813 | 18.0% |
| Orange Township (Fayette County) | $1,727 | $112,000 | $53,750 | 15.8% |
| Pleasant Township (Allen County) | $2,076 | $189,200 | $75,678 | 5.0% |
| Green Township (Randolph County) | $1,679 | $142,300 | $86,719 | 19.0% |
Matched on rent, home value, income, the share who rent, the age of the homes, the share in apartment buildings and the commute, each measured against the spread across Indiana.
HUD Fair Market Rent for Richland Township (Madison County), fiscal year 2027
| Studio | 1 bedroom | 2 bedrooms | 3 bedrooms | 4 bedrooms |
|---|---|---|---|---|
| $1,011 | $1,017 | $1,331 | $1,743 | $1,749 |
HUD income limits for Richland Township (Madison County), fiscal year 2026
| Household size | Extremely low (30%) | Very low (50%) | Low (80%) |
|---|---|---|---|
| 1 person | $17,850 | $29,700 | $47,500 |
| 2 people | $21,640 | $33,950 | $54,300 |
| 3 people | $27,320 | $38,200 | $61,100 |
| 4 people | $33,000 | $42,400 | $67,850 |
| 5 people | $38,680 | $45,800 | $73,300 |
| 6 people | $44,360 | $49,200 | $78,750 |
| 7 people | $50,040 | $52,600 | $84,150 |
| 8 people | $55,720 | $56,000 | $89,600 |
These are the limits HUD sets for its housing programs in the Anderson, IN HUD Metro FMR Area, where HUD’s median family income for fiscal year 2026 is $83,400.
A program can use its own limits; tax-credit and local programs often do.
Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.
Margins of error are at the 90% confidence level.
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Questions about Richland Township (Madison County)
What is the average rent in Richland Township (Madison County), IN?
The Census Bureau publishes the median rather than the average: the median gross rent in Richland Township (Madison County) is $2,125 (±$384) a month (2020–2024 American Community Survey), so half of renting households pay less and half pay more.
Are renters in Richland Township (Madison County) rent-burdened?
84.5% of renting households in Richland Township (Madison County) pay 30% or more of their income in gross rent, the share housing researchers usually call rent-burdened (2020–2024 American Community Survey).
What is the median household income in Richland Township (Madison County)?
The median household income in Richland Township (Madison County) is $63,901 (±$7,799) a year (2020–2024 American Community Survey).
What is the average home value in Richland Township (Madison County), IN?
The Census Bureau publishes the median: $174,600 (±$15,151) for owner-occupied homes in Richland Township (Madison County) (2020–2024 American Community Survey).
What is the average mortgage payment in Richland Township (Madison County)?
The Census Bureau publishes total owner costs rather than the mortgage alone: the median for owners with a mortgage in Richland Township (Madison County), IN is $1,148 (±$71) a month, including taxes, insurance and utilities.
How much are property taxes in Richland Township (Madison County)?
The median real estate tax paid by homeowners in Richland Township (Madison County), IN is $1,314 (±$144) a year (2020–2024 American Community Survey).
Is Richland Township (Madison County) growing?
In Richland Township (Madison County), the number of residents went from 4,741 in 2015–2019 to 5,101 in 2020–2024 (+7.6%), a measurable increase.
What ZIP codes are in Richland Township (Madison County)?
The ZIP codes that cover Richland Township (Madison County) are 46012, 46001.
What is the median rent in ZIP code 46012?
The median gross rent in ZIP Code Tabulation Area 46012 is $1,032 (±$81) a month (2020–2024 American Community Survey).
Sources
- Demographic and Housing Estimates (DP05), 2020–2024 ACS 5-year estimates — Richland township, Madison County, Indiana
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Richland township, Madison County, Indiana
- Selected Economic Characteristics (DP03), 2020–2024 ACS 5-year estimates — Richland township, Madison County, Indiana
- Median Real Estate Taxes Paid by Mortgage Status (B25103), 2020–2024 ACS 5-year estimates — Richland township, Madison County, Indiana
- Selected Social Characteristics (DP02), 2020–2024 ACS 5-year estimates — Richland township, Madison County, Indiana
- Total Population (B01003), 2015–2019 ACS 5-year estimates — Richland township, Madison County, Indiana
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — Richland township, Madison County, Indiana
- HUD Fair Market Rents, fiscal year 2027: Anderson, IN HUD Metro FMR Area
- HUD Income Limits, fiscal year 2026: Anderson, IN HUD Metro FMR Area
- US Census Bureau, American Community Survey 2020–2024 5-year estimates for ZIP Code Tabulation Areas
- Consumer Price Index for All Urban Consumers (CPI-U), US city average, all items, US Bureau of Labor Statistics: annual averages 2019 and 2024
- US Census Bureau, 2024 Gazetteer Files
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) for Richland township, Madison County, Indiana (county subdivision:64116, in state:18 county:095).
Each estimate (E or PE) has a margin of error beside it (M or PM).
The 2015–2019 figures are B01003_001E, B01003_001M, B25064_001E, B25064_001M from the 2019 release.
The API needs a free key.
DP05_0001E, DP05_0001M, DP04_0001E, DP04_0001M, DP04_0047PE, DP04_0047PM, DP04_0134E, DP04_0134M, DP03_0062E, DP03_0062M, DP04_0089E, DP04_0089M
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 .