What percentage of people rent in Richfield, OH?
15.5% (±5.8 points) of the occupied homes in Richfield, OH are rented (2020–2024 American Community Survey).
That is 247 renting households against 1,342 that own their home.
In Richfield, the share of households that rent went from 10.7% in 2015–2019 to 15.5% in 2020–2024 (+4.8 percentage points), not a measurable change.
Figures last updated on .
- Households that rent
- 15.5% (±5.8 points)
- Renting households
- 247 (±94)
- Median renter income
- $54,688 (±$25,909)
Who rents and who owns in Richfield
| Richfield | Summit County | Ohio | United States | |
|---|---|---|---|---|
| Renter-occupied share | 15.5% (±5.8 points) | 32.5% (±0.7 points) | 32.8% (±0.3 points) | 34.8% |
| Renting households | 247 (±94) | 75,130 (±1,691) | 1,595,287 (±11,760) | 45,017,354 |
| Owning households | 1,342 (±191) | 156,137 (±1,656) | 3,267,904 (±16,882) | 84,210,142 |
| Average renter household size | 2.1 (±0.5) | 2.1 (±0.0) | 2.1 (±0.0) | 2.3 |
| Average owner household size | 2.3 (±0.3) | 2.4 (±0.0) | 2.5 (±0.0) | 2.6 |
| Median renter household income | $54,688 (±$25,909) | $41,345 (±$1,452) | $42,829 (±$325) | $52,966 |
| Median owner household income | $96,750 (±$65,949) | $91,848 (±$1,541) | $90,122 (±$343) | $100,009 |
In Richfield, the renter share is lower than in Summit County (32.5%).
It is also lower than in Ohio (32.8%).
It is lower than the national figure (34.8%).
In Summit County, Richfield ranks 17 of 35 places with a published estimate, from highest to lowest renter share.
Statewide, it ranks 1498 of 2,382.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
How renting in Richfield has changed since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Households that rent | 10.7% (±5.1 points) | 15.5% (±5.8 points) | +4.8 percentage points | Not a measurable change |
| Median gross rent | $970 (±$89) | $1,210 (±$393) | +24.7% | No measurable change after inflation |
| Median household income | $92,243 (±$27,870) | $82,560 (±$28,769) | −10.5% | 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 Richfield
| Place | Distance | Households that rent | Compared with this place |
|---|---|---|---|
| Richfield | — | 15.5% (±5.8 points) | — |
| Richfield Township (Summit County) | 0.9 mi | 9.8% (±3.5 points) | Not measurably different |
| Bath Township (Summit County) | 3.8 mi | 3.6% (±3.0 points) | Lower |
| Peninsula | 4.7 mi | 15.2% (±6.3 points) | Not measurably different |
| Boston Township | 4.7 mi | 17.7% (±7.1 points) | Not measurably different |
| Hinckley Township | 5.0 mi | 4.9% (±3.3 points) | Lower |
| Brecksville | 5.3 mi | 14.8% (±4.1 points) | Not measurably different |
| Montrose-Ghent | 5.3 mi | 5.6% (±4.7 points) | Lower |
| Cuyahoga Falls | 5.9 mi | 35.6% (±2.3 points) | Higher |
Nearby places with a measurably lower figure: Bath Township (Summit County), OH (3.6%), Hinckley Township, OH (4.9%), Montrose-Ghent, OH (5.6%).
Nearby places with a measurably higher figure: Cuyahoga Falls, OH (35.6%).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Households that rent across Summit County, place by place
| Rank | Place | Households that rent |
|---|---|---|
| 11 | Fairlawn | 23.3% (±5.8 points) |
| 12 | Munroe Falls | 20.8% (±9.3 points) |
| 13 | Twinsburg | 20.6% (±3.1 points) |
| 14 | Boston Township | 17.7% (±7.1 points) |
| 15 | Tallmadge | 17.3% (±3.6 points) |
| 16 | Lakemore | 15.7% (±7.1 points) |
| 17 | Richfield | 15.5% (±5.8 points) |
| 18 | Peninsula | 15.2% (±6.3 points) |
| 19 (tie) | Reminderville | 14.7% (±7.1 points) |
| 19 (tie) | Springfield Township (Summit County) | 14.7% (±3.0 points) |
| 21 | Sagamore Hills Township | 14.6% (±3.8 points) |
| 22 | Twinsburg Township | 13.7% (±4.7 points) |
| 23 | Norton | 12.6% (±3.5 points) |
Showing 13 of 35 places in Summit County, ranked from highest to lowest.
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
How many renters are there in Richfield?
Richfield has an estimated 247 (±94) renting households, 15.5% of its occupied homes (2020–2024 American Community Survey).
Is renting growing in Richfield?
In Richfield, the share of households that rent went from 10.7% in 2015–2019 to 15.5% in 2020–2024 (+4.8 percentage points), not a measurable change.
How big are renting households in Richfield?
A renting household in Richfield has 2.1 people on average, against 2.3 in an owned home.
How much do renters earn in Richfield?
The median renting household in Richfield, OH has an income of $54,688 (±$25,909) a year, against $96,750 for households that own their home.
Sources
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Richfield village, Ohio
- Median Household Income by Tenure (B25119), 2020–2024 ACS 5-year estimates — Richfield village, Ohio
- Selected Housing Characteristics (DP04), 2015–2019 ACS 5-year estimates — Richfield village, Ohio
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — Richfield village, Ohio
- Median Household Income (B19013), 2015–2019 ACS 5-year estimates — Richfield village, Ohio
- 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 Richfield village, Ohio (place:66530, in state:39).
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.
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 .
Related
- Housing in Richfield at a glance
- Median rent in Richfield
- Income and affordability in Richfield
- Home values in Richfield
- Homeowner costs in Richfield
- Property taxes in Richfield
- Types of homes in Richfield
- Bedrooms in Richfield
- Age of homes in Richfield
- Heating fuel in Richfield
- Commute and cars in Richfield
- Population growth in Richfield
- How long people stay in Richfield
- Fair Market Rent in Richfield
- Ohio landlord and tenant rules
- Housing across Summit County
- Ohio places ranked by share of renters
- Housing data for every place in Ohio