Is New Richmond, WI growing?
New Richmond, WI had an estimated 10,539 (±29) residents in 2020–2024, against 9,034 in 2015–2019.
That is a change of +16.7%, a measurable increase.
Its housing went from 3,901 to 4,513 homes (+15.7%), a measurable increase.
3.7% of today’s homes were built in 2020 or later.
Figures last updated on .
- Residents now
- 10,539 (±29)
- Amount of change
- +16.7%
- Homes change
- +15.7%
- Built 2020 or later
- 3.7%
Residents and homes in New Richmond, 2015–2019 and 2020–2024
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Residents | 9,034 (±21) | 10,539 (±29) | +16.7% | Measurable increase |
| Housing units | 3,901 (±209) | 4,513 (±285) | +15.7% | Measurable increase |
| Households that rent | 43.5% (±5.1 points) | 37.9% (±7.0 points) | −5.6 percentage points | Not a measurable change |
| Median gross rent | $835 (±$71) | $1,168 (±$174) | +39.9% | No measurable change after inflation |
| Median home value | $180,100 (±$9,554) | $285,100 (±$10,613) | +58.3% | 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.
Growth in New Richmond against St. Croix County, its state and the nation
| Residents | Verdict | Housing units | |
|---|---|---|---|
| New Richmond | +16.7% | Measurable increase | +15.7% |
| St. Croix County | +8.2% | Measurable increase | +8.6% |
| Wisconsin | +2.1% | Measurable increase | +3.1% |
| United States | +3.1% | Measurable increase | +4.6% |
A change in a place’s boundaries between the two periods (an annexation, say) changes its counts as well; the Census Bureau’s figures are for the place as it was drawn in each period.
New homes in New Richmond
| Year built | New Richmond | St. Croix County | Wisconsin | United States |
|---|---|---|---|---|
| 2020 or later | 3.7% (±1.9 points) | 3.0% | 1.4% | 2.0% |
| 2010 to 2019 | 11.6% (±4.2 points) | 10.6% | 7.1% | 9.4% |
| 2000 to 2009 | 19.0% (±4.4 points) | 25.8% | 12.5% | 13.6% |
15.3% of the homes in New Richmond were built in 2010 or later.
The median age of residents is 38.0 years.
Growth in places near New Richmond
| Place | Distance | Residents now | Amount of change | Verdict |
|---|---|---|---|---|
| New Richmond | — | 10,539 | +16.7% | Measurable increase |
| Town of Richmond (St. Croix County) | 3.8 mi | 4,201 | +17.2% | Measurable increase |
| Town of Star Prairie | 4.1 mi | 3,766 | +4.9% | Measurable increase |
| Star Prairie | 5.1 mi | 674 | −7.9% | Not a measurable change |
| Town of Stanton (St. Croix County) | 5.8 mi | 927 | 0.0% | Not a measurable change |
| Somerset | 6.1 mi | 3,208 | +15.0% | Measurable increase |
| Town of Erin Prairie | 7.0 mi | 718 | +7.2% | Not a measurable change |
| Town of Somerset | 7.7 mi | 4,405 | +4.0% | Measurable increase |
| Town of Warren (St. Croix County) | 8.7 mi | 1,935 | +22.5% | Not a measurable change |
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 New Richmond
Is New Richmond growing?
New Richmond, WI had an estimated 10,539 residents in 2020–2024 and 9,034 in 2015–2019, a change of +16.7%: a measurable increase by the Census Bureau’s test.
How many homes have been added in New Richmond?
The estimated number of housing units went from 3,901 in 2015–2019 to 4,513 in 2020–2024 (+15.7%), a measurable increase.
How much new construction is there in New Richmond?
3.7% of homes in New Richmond were built in 2020 or later and 11.6% between 2010 and 2019.
Sources
- Demographic and Housing Estimates (DP05), 2020–2024 ACS 5-year estimates — New Richmond city, Wisconsin
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — New Richmond city, Wisconsin
- Total Population (B01003), 2015–2019 ACS 5-year estimates — New Richmond city, Wisconsin
- Housing Units (B25001), 2015–2019 ACS 5-year estimates — New Richmond city, Wisconsin
- Selected Housing Characteristics (DP04), 2015–2019 ACS 5-year estimates — New Richmond city, Wisconsin
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — New Richmond city, Wisconsin
- Median Value (B25077), 2015–2019 ACS 5-year estimates — New Richmond city, Wisconsin
- 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) for New Richmond city, Wisconsin (place:57100, in state:55).
Each estimate (E or PE) has a margin of error beside it (M or PM).
The 2015–2019 figures are B01003_001E, B01003_001M, B25001_001E, B25001_001M, DP04_0047PE, DP04_0047PM, B25064_001E, B25064_001M, B25077_001E, B25077_001M from the 2019 release.
The API needs a free key.
DP05_0001E, DP05_0001M, DP04_0001E, DP04_0001M, DP04_0017PE, DP04_0017PM, DP04_0018PE, DP04_0018PM, DP05_0018E, DP05_0018M
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 New Richmond at a glance
- Median rent in New Richmond
- Rent by bedrooms in New Richmond
- Renters and owners in New Richmond
- Income and affordability in New Richmond
- Home values in New Richmond
- Homeowner costs in New Richmond
- Property taxes in New Richmond
- Types of homes in New Richmond
- Bedrooms in New Richmond
- Age of homes in New Richmond
- Vacancy rate in New Richmond
- Heating fuel in New Richmond
- Commute and cars in New Richmond
- Crime reported to police in New Richmond
- How long people stay in New Richmond
- Crowding and facilities in New Richmond
- Wisconsin landlord and tenant rules
- Housing across St. Croix County
- Housing data for every place in Wisconsin