Housing data for Richfield, NC

Richfield, NC has an estimated 937 residents and 340 homes (US Census Bureau, 2020–2024 American Community Survey).

It is a town in Stanly County.

19.2% of households rent.

The median gross rent is $1,060 a month.

Its population grew measurably since 2015–2019 (+71.9%).

Figures last updated on .

Residents
937 (±304)
Housing units
340 (±94)
Households that rent
19.2%
Median gross rent
$1,060
Residents since 2015–2019
+71.9%

What stands out in Richfield

Working from home: 1.1% (±1.7 points) in Richfield, lower than in Stanly County (9.8%).

Households without a vehicle: 1.0% (±1.2 points) in Richfield, lower than in Stanly County (5.5%).

Households that moved in since 2020: 12.8% (±7.2 points) in Richfield, lower than in Stanly County (21.7%).

Median real estate taxes: $1,165 (±$142) in Richfield, lower than in Stanly County ($1,385).

Housing in Richfield at a glance

  • Median rent: $1,060 median gross rent a month (Small sample: wide margin of error)
  • Rent by bedrooms: $788 median gross rent, 2 bedrooms (Small sample: wide margin of error)
  • Rent burden: 52.8% of renters pay 30% or more of income (Small sample: wide margin of error)
  • Renters and owners: 19.2% of households rent (Small sample: wide margin of error)
  • Income and affordability: $70,750 median household income (Small sample: wide margin of error)
  • Home values: $219,900 median home value
  • Homeowner costs: $1,648 median monthly cost with a mortgage
  • Property taxes: $1,165 median real estate taxes a year
  • Types of homes: 0.0% of homes are in buildings of 5 or more units
  • Bedrooms: 84.7% of homes have 3 or more bedrooms (Small sample: wide margin of error)
  • Age of homes: 51.2% of homes were built before 1980
  • Vacancy rate: 0.0% rental vacancy rate (Small sample: wide margin of error)
  • Heating fuel: 88.5% heat with electricity
  • Commute and cars: 23.8 minutes average trip to work
  • Growth: +71.9% residents since 2015–2019 (Small sample: wide margin of error)
  • How long people stay: 12.8% moved in since 2020 (Small sample: wide margin of error)
  • Crowding and facilities: 8.9% of homes have more than 1 person per room (Small sample: wide margin of error)

Richfield against Stanly County, its state and the nation

Estimate (90% margin of error)
RichfieldStanly CountyNorth CarolinaUnited States
Residents937 (±304)64,651 (exact)10,730,404 (exact)334,922,499
Housing units340 (±94)28,632 (±62)4,895,668 (±642)143,775,355
Households that rent19.2% (±11.8 points)25.5% (±1.9 points)33.4% (±0.2 points)34.8%
Median gross rent$1,060 (±$210)$861 (±$32)$1,228 (±$5)$1,413
Median household income$70,750 (±$42,521)$60,704 (±$3,835)$72,388 (±$324)$80,734
Median home value$219,900 (±$59,744)$242,400 (±$7,205)$288,900 (±$1,086)$332,700
Median real estate taxes (a year)$1,165 (±$142)$1,385 (±$51)$1,896 (±$8)$3,119
Built before 198051.2% (±19.9 points)55.7% (±3.3 points)33.9% (±0.2 points)49.7%
Average commute23.8 minutes (±5.1)28.1 minutes (±1.1)25.1 minutes (±0.1)26.4 minutes
Households with broadband94.9% (±4.3 points)88.4% (±1.7 points)90.1% (±0.2 points)91.0%
Median age of residents30.9 years (±8.0)40.5 years (±0.5)39.1 years (±0.2)38.9 years

Richfield covers 2.4 square miles of land, about 387 residents per square mile (Census Bureau Gazetteer).

How Richfield has changed since 2015–2019

2015–2019 and 2020–2024 American Community Survey 5-year estimates
2015–20192020–2024Amount of changeVerdict
Residents545 (±135)937 (±304)+71.9%Measurable increase
Housing units242 (±46)340 (±94)+40.5%Not a measurable change
Median gross rent$1,083 (±$328)$1,060 (±$210)−2.1%No measurable change after inflation
Median home value$124,500 (±$17,773)$219,900 (±$59,744)+76.6%Up after inflation
Median household income$55,833 (±$15,762)$70,750 (±$42,521)+26.7%No measurable change after inflation
Median owner cost with a mortgage$1,089 (±$131)$1,648 (±$489)+51.3%No measurable change after inflation
Median real estate taxes$1,014 (±$152)$1,165 (±$142)+14.9%No measurable change after inflation
Households that rent20.9% (±9.6 points)19.2% (±11.8 points)−1.7 percentage pointsNot a measurable change
Rental vacancy rate0.0% (±44.4 points)0.0% (±43.8 points)0.0 percentage pointsNot 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.

Places near Richfield

Nearest places with Census figures, by straight-line distance
PlaceDistanceMedian gross rentMedian home valueHouseholds that rent
Misenheimer1.5 mi$806$225,00046.1%
New London3.4 mi$1,234$296,20029.5%
Albemarle8.8 mi$880$204,80043.7%
Badin9.1 mi$975$160,20028.4%
Rockwell10 mi$952$237,20031.7%
Mount Pleasant11 mi$1,178$306,50025.5%
Southmont12 mi—$424,1006.8%
Faith14 mi$944$264,00013.4%

Places in North Carolina most like Richfield

PlaceMedian gross rentMedian home valueMedian household incomeHouseholds that rent
Trinity$955$216,600$82,66419.9%
Broadway$981$254,500$64,92621.5%
Pinebluff$1,176$234,200$80,83321.5%
St. Stephens$958$213,300$60,39416.4%
Tobaccoville$976$234,200$80,26314.6%
Wrightsboro$1,250$255,700$78,45022.0%

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 North Carolina.

HUD Fair Market Rent for Richfield, fiscal year 2027

Stanly County, NC, dollars a month
Studio1 bedroom2 bedrooms3 bedrooms4 bedrooms
$769$774$1,012$1,388$1,447

HUD income limits for Richfield, fiscal year 2026

Stanly County, NC, annual household income
Household sizeExtremely low (30%)Very low (50%)Low (80%)
1 person$17,650$29,450$47,050
2 people$21,640$33,600$53,750
3 people$27,320$37,800$60,450
4 people$33,000$41,950$67,150
5 people$38,680$45,350$72,550
6 people$44,360$48,700$77,900
7 people$50,040$52,050$83,300
8 people$55,400$55,400$88,650

These are the limits HUD sets for its housing programs in the Stanly County, NC, where HUD’s median family income for fiscal year 2026 is $80,400.

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 Richfield

What is the average home value in Richfield, NC?

The Census Bureau publishes the median: $219,900 (±$59,744) for owner-occupied homes in Richfield (2020–2024 American Community Survey).

What is the average mortgage payment in Richfield?

The Census Bureau publishes total owner costs rather than the mortgage alone: the median for owners with a mortgage in Richfield, NC is $1,648 (±$489) a month, including taxes, insurance and utilities.

How much are property taxes in Richfield?

The median real estate tax paid by homeowners in Richfield, NC is $1,165 (±$142) a year (2020–2024 American Community Survey).

How many homes are in Richfield?

Richfield, NC has an estimated 340 (±94) housing units, occupied and vacant (2020–2024 American Community Survey).

How old are most homes in Richfield?

51.2% of homes in Richfield, NC were built before 1980 (2020–2024 American Community Survey).

What is the most common way to heat a home in Richfield?

Electricity is the most common heating fuel in Richfield, used by 88.5% of occupied homes (2020–2024 American Community Survey).

Is Richfield growing?

In Richfield, the number of residents went from 545 in 2015–2019 to 937 in 2020–2024 (+71.9%), a measurable increase.

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) for Richfield town, North Carolina (place:56340, in state:37).

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.

Request a Census API 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 .

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