Housing data for Richmond, RI
Richmond, RI has an estimated 8,142 residents and 3,214 homes (US Census Bureau, 2020–2024 American Community Survey).
It is a town in Washington County.
3.4% of households rent.
The median gross rent is $1,580 a month.
Its population grew measurably since 2015–2019 (+6.4%).
Figures last updated on .
- Residents
- 8,142 (±38)
- Housing units
- 3,214 (±202)
- Households that rent
- 3.4%
- Median gross rent
- $1,580
- Residents since 2015–2019
- +6.4%
What stands out in Richmond
Households that rent: 3.4% (±1.9 points) in Richmond, lower than in Washington County (22.5%).
Homes in buildings of 5 or more units: 0.8% (±2.2 points) in Richmond, lower than in Washington County (9.4%).
Homes heated by fuel oil: 71.1% (±7.0 points) in Richmond, higher than in Washington County (40.5%).
Households without a vehicle: 0.0% (±1.7 points) in Richmond, lower than in Washington County (4.4%).
Housing in Richmond at a glance
- Median rent: $1,580 median gross rent a month
- Rent burden: 0.0% of renters pay 30% or more of income (Small sample: wide margin of error)
- Renters and owners: 3.4% of households rent (Small sample: wide margin of error)
- Income and affordability: $124,653 median household income
- Home values: $435,800 median home value
- Homeowner costs: $2,309 median monthly cost with a mortgage
- Property taxes: $6,362 median real estate taxes a year
- Types of homes: 0.8% of homes are in buildings of 5 or more units
- Bedrooms: 71.0% of homes have 3 or more bedrooms
- Age of homes: 41.4% of homes were built before 1980
- Vacancy rate: 0.0% rental vacancy rate (Small sample: wide margin of error)
- Heating fuel: 71.1% heat with fuel oil or kerosene
- Commute and cars: 34.0 minutes average trip to work
- Crime reported to police: 12 violent crimes per 100,000 residents
- Growth: +6.4% residents since 2015–2019
- How long people stay: 10.6% moved in since 2020 (Small sample: wide margin of error)
- Crowding and facilities: 0.0% of homes have more than 1 person per room (Small sample: wide margin of error)
Richmond against Washington County, its state and the nation
| Richmond | Washington County | Rhode Island | United States | |
|---|---|---|---|---|
| Residents | 8,142 (±38) | 130,344 (exact) | 1,101,801 (exact) | 334,922,499 |
| Housing units | 3,214 (±202) | 66,385 (±65) | 485,932 (±179) | 143,775,355 |
| Households that rent | 3.4% (±1.9 points) | 22.5% (±1.4 points) | 36.4% (±0.6 points) | 34.8% |
| Median gross rent | $1,580 (±$777) | $1,327 (±$86) | $1,342 (±$19) | $1,413 |
| Median household income | $124,653 (±$26,720) | $106,638 (±$2,789) | $87,796 (±$1,209) | $80,734 |
| Median home value | $435,800 (±$21,745) | $510,800 (±$16,509) | $404,200 (±$4,032) | $332,700 |
| Median real estate taxes (a year) | $6,362 (±$413) | $5,102 (±$168) | $4,900 (±$36) | $3,119 |
| Built before 1980 | 41.4% (±9.1 points) | 54.7% (±2.2 points) | 70.9% (±1.0 points) | 49.7% |
| Average commute | 34.0 minutes (±3.5) | 26.0 minutes (±0.8) | 25.5 minutes (±0.3) | 26.4 minutes |
| Households with broadband | 100.0% (±1.7 points) | 94.4% (±0.8 points) | 91.7% (±0.3 points) | 91.0% |
| Median age of residents | 42.7 years (±4.1) | 45.5 years (±0.2) | 40.6 years (±0.2) | 38.9 years |
Richmond covers 40.3 square miles of land, about 202 residents per square mile (Census Bureau Gazetteer).
How Richmond has changed since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Residents | 7,653 (±18) | 8,142 (±38) | +6.4% | Measurable increase |
| Housing units | 2,995 (±136) | 3,214 (±202) | +7.3% | Not a measurable change |
| Median gross rent | $1,067 (±$98) | $1,580 (±$777) | +48.1% | No measurable change after inflation |
| Median home value | $278,800 (±$11,747) | $435,800 (±$21,745) | +56.3% | Up after inflation |
| Median household income | $95,391 (±$10,685) | $124,653 (±$26,720) | +30.7% | No measurable change after inflation |
| Median owner cost with a mortgage | $1,994 (±$123) | $2,309 (±$140) | +15.8% | No measurable change after inflation |
| Median real estate taxes | $5,266 (±$369) | $6,362 (±$413) | +20.8% | No measurable change after inflation |
| Households that rent | 10.4% (±5.1 points) | 3.4% (±1.9 points) | −7.0 percentage points | Measurable decrease |
| Rental vacancy rate | 0.0% (±11.9 points) | 0.0% (±36.2 points) | 0.0 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 Richmond
In 2025, the Richmond Police Department reported 12 violent and 258 property crimes per 100,000 residents to the FBI.
Across Washington County, the departments that report recorded 40 violent and 438 property crimes per 100,000 residents that year.
ZIP codes in Richmond
| ZIP code | Share of the ZIP’s land in this place | Residents | Median gross rent | Median home value | Median household income |
|---|---|---|---|---|---|
| 02812 | 100% | 1,479 | — | $472,800 | $104,934 |
| 02836 | 100% | 104 | — | $458,100 | — |
| 02875 | 100% | 44 | — | — | — |
| 02898 | 100% | 1,912 | — | $424,300 | $119,038 |
| 02894 | 90% | 831 | — | $340,600 | — |
| 02892 | 48% | 5,768 | — | $490,600 | $135,809 |
| 02832 | 23% | 4,998 | — | $432,300 | $105,976 |
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 Richmond
| Place | Distance | Median gross rent | Median home value | Households that rent |
|---|---|---|---|---|
| Hope Valley | 3.0 mi | — | $447,500 | 8.2% |
| Hopkinton | 4.7 mi | $1,040 | $404,300 | 20.4% |
| Exeter | 5.6 mi | $1,317 | $509,200 | 19.7% |
| Ashaway | 7.6 mi | $1,604 | $343,600 | 26.4% |
| Kingston | 7.7 mi | — | $553,400 | 18.1% |
| Charlestown (community) | 8.4 mi | $1,159 | $583,200 | 12.3% |
| Charlestown | 8.5 mi | $1,374 | $525,500 | 8.0% |
| South Kingstown | 8.6 mi | $1,368 | $560,200 | 24.6% |
Places in Rhode Island most like Richmond
| Place | Median gross rent | Median home value | Median household income | Households that rent |
|---|---|---|---|---|
| Glocester | $1,417 | $396,500 | $113,508 | 9.0% |
| Foster | $1,509 | $425,300 | $113,646 | 8.6% |
| Scituate | $1,489 | $449,300 | $112,315 | 12.7% |
| Charlestown | $1,374 | $525,500 | $109,404 | 8.0% |
| Burrillville | $1,206 | $384,400 | $119,813 | 18.4% |
| Tiverton | $1,247 | $411,900 | $106,036 | 19.3% |
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 Rhode Island.
HUD Fair Market Rent for Richmond, fiscal year 2027
| Studio | 1 bedroom | 2 bedrooms | 3 bedrooms | 4 bedrooms |
|---|---|---|---|---|
| $1,423 | $1,509 | $1,879 | $2,302 | $2,615 |
HUD income limits for Richmond, fiscal year 2026
| Household size | Extremely low (30%) | Very low (50%) | Low (80%) |
|---|---|---|---|
| 1 person | $23,600 | $39,250 | $62,800 |
| 2 people | $26,950 | $44,850 | $71,800 |
| 3 people | $30,300 | $50,450 | $80,750 |
| 4 people | $33,650 | $56,050 | $89,700 |
| 5 people | $38,680 | $60,550 | $96,900 |
| 6 people | $44,360 | $65,050 | $104,100 |
| 7 people | $50,040 | $69,550 | $111,250 |
| 8 people | $55,720 | $74,000 | $118,450 |
These are the limits HUD sets for its housing programs in the Providence-Fall River, RI-MA HUD Metro FMR Area, where HUD’s median family income for fiscal year 2026 is $112,100.
A program can use its own limits; tax-credit and local programs often do.
The figures for Richmond include the places inside it that have pages of their own: Carolina.
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 Richmond
What is the average rent in Richmond, RI?
The Census Bureau publishes the median rather than the average: the median gross rent in Richmond is $1,580 (±$777) a month (2020–2024 American Community Survey), so half of renting households pay less and half pay more.
What is the median household income in Richmond?
The median household income in Richmond is $124,653 (±$26,720) a year (2020–2024 American Community Survey).
What is the average home value in Richmond, RI?
The Census Bureau publishes the median: $435,800 (±$21,745) for owner-occupied homes in Richmond (2020–2024 American Community Survey).
What is the average mortgage payment in Richmond?
The Census Bureau publishes total owner costs rather than the mortgage alone: the median for owners with a mortgage in Richmond, RI is $2,309 (±$140) a month, including taxes, insurance and utilities.
How much are property taxes in Richmond?
The median real estate tax paid by homeowners in Richmond, RI is $6,362 (±$413) a year (2020–2024 American Community Survey).
How many homes are in Richmond?
Richmond, RI has an estimated 3,214 (±202) housing units, occupied and vacant (2020–2024 American Community Survey).
Is Richmond growing?
In Richmond, the number of residents went from 7,653 in 2015–2019 to 8,142 in 2020–2024 (+6.4%), a measurable increase.
What ZIP codes are in Richmond?
The ZIP codes that cover Richmond are 02812, 02836, 02875, 02898, 02894, 02892, 02832.
Sources
- Demographic and Housing Estimates (DP05), 2020–2024 ACS 5-year estimates — Richmond town, Washington County, Rhode Island
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Richmond town, Washington County, Rhode Island
- Selected Economic Characteristics (DP03), 2020–2024 ACS 5-year estimates — Richmond town, Washington County, Rhode Island
- Median Real Estate Taxes Paid by Mortgage Status (B25103), 2020–2024 ACS 5-year estimates — Richmond town, Washington County, Rhode Island
- Selected Social Characteristics (DP02), 2020–2024 ACS 5-year estimates — Richmond town, Washington County, Rhode Island
- Total Population (B01003), 2015–2019 ACS 5-year estimates — Richmond town, Washington County, Rhode Island
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — Richmond town, Washington County, Rhode Island
- HUD Fair Market Rents, fiscal year 2027: Providence-Fall River, RI-MA HUD Metro FMR Area
- HUD Income Limits, fiscal year 2026: Providence-Fall River, RI-MA HUD Metro FMR Area
- US Census Bureau, American Community Survey 2020–2024 5-year estimates for ZIP Code Tabulation Areas
- FBI Uniform Crime Reporting Program, Crime Data Explorer: Richmond Police Department (ORI RI0050500)
- FBI: Uniform Crime Reporting statistics and their proper use
- 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 Richmond town, Washington County, Rhode Island (county subdivision:61160, in state:44 county:009).
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 .