What percentage of people rent in Richmond, UT?
11.6% (±4.6 points) of the occupied homes in Richmond, UT are rented (2020–2024 American Community Survey).
That is 106 renting households against 811 that own their home.
In Richmond, the share of households that rent went from 24.8% in 2015–2019 to 11.6% in 2020–2024 (−13.2 percentage points), a measurable decrease.
Figures last updated on .
- Households that rent
- 11.6% (±4.6 points)
- Renting households
- 106 (±43)
- Median renter income
- $68,929 (±$17,385)
Who rents and who owns in Richmond
| Richmond | Cache County | Utah | United States | |
|---|---|---|---|---|
| Renter-occupied share | 11.6% (±4.6 points) | 36.3% (±1.3 points) | 29.8% (±0.4 points) | 34.8% |
| Renting households | 106 (±43) | 16,151 (±660) | 334,678 (±4,794) | 45,017,354 |
| Owning households | 811 (±84) | 28,288 (±561) | 790,144 (±5,369) | 84,210,142 |
| Average renter household size | 3.3 (±1.1) | 2.7 (±0.1) | 2.5 (±0.0) | 2.3 |
| Average owner household size | 3.3 (±0.3) | 3.2 (±0.0) | 3.2 (±0.0) | 2.6 |
| Median renter household income | $68,929 (±$17,385) | $51,225 (±$2,128) | $60,778 (±$948) | $52,966 |
| Median owner household income | $115,817 (±$10,774) | $106,719 (±$2,770) | $114,089 (±$863) | $100,009 |
In Richmond, the renter share is lower than in Cache County (36.3%).
It is also lower than in Utah (29.8%).
It is lower than the national figure (34.8%).
In Cache County, Richmond ranks 13 of 20 places with a published estimate, from highest to lowest renter share.
Statewide, it ranks 186 of 272.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
How renting in Richmond has changed since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Households that rent | 24.8% (±6.2 points) | 11.6% (±4.6 points) | −13.2 percentage points | Measurable decrease |
| Median gross rent | $797 (±$120) | $1,063 (±$213) | +33.4% | No measurable change after inflation |
| Median household income | $61,667 (±$11,544) | $110,428 (±$21,499) | +79.1% | Up 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
| Place | Distance | Households that rent | Compared with this place |
|---|---|---|---|
| Richmond | — | 11.6% (±4.6 points) | — |
| Lewiston | 5.1 mi | 19.1% (±9.5 points) | Not measurably different |
| Franklin | 6.0 mi | 19.2% (±10.9 points) | Not measurably different |
| Smithfield | 6.1 mi | 19.5% (±4.0 points) | Higher |
| Amalga | 6.5 mi | 29.7% (±18.6 points) | Not measurably different |
| Trenton | 6.6 mi | 18.4% (±16.1 points) | Not measurably different |
| Cornish | 8.3 mi | 13.6% (±13.6 points) | Not measurably different |
| Hyde Park | 8.4 mi | 9.3% (±5.2 points) | Not measurably different |
| North Logan | 10 mi | 40.3% (±4.5 points) | Higher |
Nearby places with a measurably higher figure: Smithfield, UT (19.5%), North Logan, UT (40.3%).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Households that rent across Cache County, place by place
| Rank | Place | Households that rent |
|---|---|---|
| 7 | Trenton | 18.4% (±16.1 points) |
| 8 | Hyrum | 16.6% (±4.7 points) |
| 9 | Providence | 14.5% (±5.1 points) |
| 10 | Newton | 13.9% (±8.6 points) |
| 11 | Mendon | 13.8% (±8.0 points) |
| 12 | Cornish | 13.6% (±13.6 points) |
| 13 | Richmond | 11.6% (±4.6 points) |
| 14 | River Heights | 9.8% (±5.2 points) |
| 15 | Hyde Park | 9.3% (±5.2 points) |
| 16 | Wellsville | 9.1% (±5.2 points) |
| 17 | Millville | 7.3% (±5.0 points) |
| 18 | Nibley | 6.2% (±4.0 points) |
| 19 | Clarkston | 5.7% (±3.9 points) |
Showing 13 of 20 places in Cache 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.
What you can do on Seayora in Richmond
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Questions about Richmond
How many renters are there in Richmond?
Richmond has an estimated 106 (±43) renting households, 11.6% of its occupied homes (2020–2024 American Community Survey).
Is renting growing in Richmond?
In Richmond, the share of households that rent went from 24.8% in 2015–2019 to 11.6% in 2020–2024 (−13.2 percentage points), a measurable decrease.
How big are renting households in Richmond?
A renting household in Richmond has 3.3 people on average, against 3.3 in an owned home.
How much do renters earn in Richmond?
The median renting household in Richmond, UT has an income of $68,929 (±$17,385) a year, against $115,817 for households that own their home.
Sources
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Richmond city, Utah
- Median Household Income by Tenure (B25119), 2020–2024 ACS 5-year estimates — Richmond city, Utah
- Selected Housing Characteristics (DP04), 2015–2019 ACS 5-year estimates — Richmond city, Utah
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — Richmond city, Utah
- Median Household Income (B19013), 2015–2019 ACS 5-year estimates — Richmond city, Utah
- 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 Richmond city, Utah (place:63680, in state:49).
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 Richmond at a glance
- Income and affordability in Richmond
- Home values in Richmond
- Homeowner costs in Richmond
- Property taxes in Richmond
- Types of homes in Richmond
- Bedrooms in Richmond
- Age of homes in Richmond
- Heating fuel in Richmond
- Commute and cars in Richmond
- Population growth in Richmond
- How long people stay in Richmond
- Utah landlord and tenant rules
- Housing across Cache County
- Utah places ranked by share of renters
- Housing data for every place in Utah