The median household income in Richmond, MI in 2022 was $64,114, which was 4.5% less than the median annual income of $66,986 across the entire state of Michigan. Compared to the median income of $43,378 in 2000 this represents an increase of 32.3%. The per capita income in 2022 was $32,801, which means an increase of 34.8% compared to 2000 when it was $21,384.
Whole page based on the data from 2000 / 2022 when the population of Richmond, Michigan was 4,897 / 5,824
Income statistics for all residents
Median household income in Richmond, MI in 2022:
Richmond:
$64,114
State:
$66,986
Change in median household income between 2000 and 2022:
Richmond, Michigan:
+47.8%
State:
+50.0%
Number of households with income < $10k:
Richmond:
6.9% (167)
State:
5.7% (231,223)
Number of households with income $10k - 20k:
Richmond:
8.7% (211)
Michigan:
7.5% (306,955)
Number of households with income $20k - 30k:
Richmond:
5.3% (129)
State:
7.9% (324,153)
Number of households with income $30k - 40k:
Richmond:
8.9% (215)
Michigan:
8.3% (341,408)
Number of households with income $40k - 50k:
Richmond:
6.1% (147)
State:
7.9% (322,255)
Number of households with income $50k - 60k:
Richmond:
8.8% (214)
Michigan:
7.5% (305,914)
Number of households with income $60k - 75k:
Richmond:
12.2% (296)
Michigan:
10.1% (414,440)
Number of households with income $75k - 100k:
Richmond:
9.8% (237)
State:
13.2% (538,299)
Number of households with income $100k - 125k:
Richmond:
14.8% (359)
State:
9.7% (396,282)
Number of households with income $125k - 150k:
Richmond:
8.1% (197)
State:
6.7% (273,144)
Number of households with income $150k - 200k:
Richmond:
6.9% (167)
State:
7.5% (305,077)
Number of households with income > $200k:
Richmond:
3.7% (89)
State:
8.1% (330,644)
Aggregate household income in Richmond in 2022: $189,953,371
Median family income in Richmond in 2022:
Richmond:
$99,471
State:
$85,865
Number of families with income < $10k:
Richmond:
5.1% (66)
State:
3.5% (89,010)
Number of families with income $10k - 20k:
Richmond:
4.1% (53)
Michigan:
3.9% (100,567)
Number of families with income $20k - 30k:
Richmond:
8.3% (108)
State:
5.0% (127,320)
Number of families with income $30k - 40k:
Richmond:
1.9% (25)
Michigan:
6.4% (163,565)
Number of families with income $40k - 50k:
Richmond:
4.5% (60)
Michigan:
6.8% (172,384)
Number of families with income $50k - 60k:
Richmond:
7.8% (102)
State:
7.1% (179,870)
Number of families with income $60k - 75k:
Richmond:
8.7% (114)
State:
10.3% (263,723)
Number of families with income $75k - 100k:
Richmond:
8.2% (107)
State:
15.0% (383,364)
Number of families with income $100k - 125k:
Richmond:
20.9% (274)
Michigan:
11.8% (301,751)
Number of families with income $125k - 150k:
Richmond:
13.7% (180)
Michigan:
8.6% (220,338)
Number of families with income $150k - 200k:
Richmond:
10.1% (132)
State:
10.2% (259,462)
Number of families with income > $200k:
Richmond:
6.7% (88)
State:
11.3% (287,206)
Median non-family income in Richmond in 2022:
Richmond:
$47,579
Michigan:
$40,459
Change in median non-family income between 2000 and 2022:
Richmond, Michigan:
+82.0%
State:
+54.5%
Median per capita income in Richmond in 2022:
Richmond:
$32,802
State:
$38,151
Change in median per capita income between 2000 and 2022:
Richmond, Michigan:
+53.4%
State:
+72.1%
Income statistics for White residents
Median household income in Richmond, MI in 2022:
Richmond:
$65,461
Michigan:
$71,609
Change in median household income between 2000 and 2022:
Richmond, Michigan:
+48.4%
State:
+52.9%
Number of households with income < $10k:
Richmond:
4.3% (93)
State:
4.4% (140,440)
Number of households with income $10k - 20k:
Richmond:
9.0% (197)
Michigan:
6.5% (205,547)
Number of households with income $20k - 30k:
Richmond:
5.8% (127)
State:
7.6% (242,254)
Number of households with income $30k - 40k:
Richmond:
8.3% (182)
State:
8.1% (257,175)
Number of households with income $40k - 50k:
Richmond:
6.3% (138)
State:
7.8% (246,839)
Number of households with income $50k - 60k:
Richmond:
9.5% (207)
State:
7.4% (233,723)
Number of households with income $60k - 75k:
Richmond:
12.4% (271)
State:
10.4% (328,664)
Number of households with income $75k - 100k:
Richmond:
10.7% (233)
State:
13.6% (431,867)
Number of households with income $100k - 125k:
Richmond:
14.6% (318)
Michigan:
10.3% (325,164)
Number of households with income $125k - 150k:
Richmond:
8.6% (189)
State:
7.1% (226,232)
Number of households with income $150k - 200k:
Richmond:
7.4% (161)
Michigan:
8.1% (255,445)
Number of households with income > $200k:
Richmond:
3.2% (69)
Michigan:
8.7% (276,727)
Aggregate household income in Richmond in 2022: $175,201,550
Median family income in Richmond in 2022:
Richmond:
$100,871
Michigan:
$90,317
Number of families with income $10k - 20k:
Richmond:
5.0% (58)
State:
3.2% (64,106)
Number of families with income $20k - 30k:
Richmond:
10.8% (126)
Michigan:
4.6% (91,551)
Number of families with income $30k - 40k:
Richmond:
0.8% (9)
Michigan:
5.9% (117,356)
Number of families with income $40k - 50k:
Richmond:
4.5% (52)
Michigan:
6.4% (127,491)
Number of families with income $50k - 60k:
Richmond:
8.1% (94)
Michigan:
6.8% (135,883)
Number of families with income $60k - 75k:
Richmond:
9.6% (111)
State:
10.5% (209,130)
Number of families with income $75k - 100k:
Richmond:
9.3% (108)
State:
15.5% (309,815)
Number of families with income $100k - 125k:
Richmond:
20.1% (233)
Michigan:
12.4% (248,235)
Number of families with income $125k - 150k:
Richmond:
14.7% (170)
State:
9.2% (182,895)
Number of families with income $150k - 200k:
Richmond:
11.1% (128)
State:
11.0% (218,573)
Number of families with income > $200k:
Richmond:
5.9% (69)
State:
12.0% (239,713)
Median non-family income in Richmond in 2022:
Richmond:
$48,228
Michigan:
$42,438
Change in median non-family income between 2000 and 2022:
Richmond, Michigan:
+84.5%
State:
+56.8%
Median per capita income in Richmond in 2022:
Richmond:
$35,801
Michigan:
$41,514
Change in median per capita income between 2000 and 2022:
Richmond, Michigan:
+65.1%
State:
+75.2%
Income statistics for Black or African American residents
Number of households with income < $10k:
Richmond:
47.2% (25)
State:
12.7% (66,307)
Number of households with income $10k - 20k:
Richmond:
0.0% (0)
Michigan:
14.2% (73,877)
Number of households with income $20k - 30k:
Richmond:
0.0% (0)
State:
10.2% (52,930)
Number of households with income $30k - 40k:
Richmond:
0.0% (0)
State:
10.3% (53,542)
Number of households with income $40k - 50k:
Richmond:
17.0% (9)
State:
9.1% (47,110)
Number of households with income $50k - 60k:
Richmond:
0.0% (0)
Michigan:
8.1% (41,969)
Number of households with income $60k - 75k:
Richmond:
35.8% (19)
State:
9.0% (46,784)
Number of households with income $75k - 100k:
Richmond:
0.0% (0)
State:
9.7% (50,718)
Number of households with income $100k - 125k:
Richmond:
0.0% (0)
Michigan:
6.7% (34,802)
Number of households with income $125k - 150k:
Richmond:
0.0% (0)
State:
4.1% (21,083)
Number of households with income $150k - 200k:
Richmond:
0.0% (0)
State:
3.4% (17,885)
Number of households with income > $200k:
Richmond:
0.0% (0)
State:
2.6% (13,430)
Aggregate household income in Richmond in 2022: $1,864,962
Median per capita income in Richmond in 2022:
Richmond:
$15,338
State:
$25,207
Change in median per capita income between 2000 and 2022:: -5.2%
Richmond, Michigan:
-5.2%
State:
+60.4%
Income statistics for Hispanic or Latino residents
Median household income in Richmond, MI in 2022:
Richmond:
$32,014
State:
$62,497
Change in median household income between 2000 and 2022:
Richmond, Michigan:
+21.3%
State:
+62.4%
Number of households with income < $10k:
Richmond:
0.0% (0)
Michigan:
6.0% (10,028)
Number of households with income $10k - 20k:
Richmond:
0.0% (0)
State:
6.5% (10,959)
Number of households with income $20k - 30k:
Richmond:
0.0% (0)
State:
9.1% (15,369)
Number of households with income $30k - 40k:
Richmond:
97.2% (69)
State:
7.9% (13,373)
Number of households with income $40k - 50k:
Richmond:
0.0% (0)
Michigan:
9.1% (15,369)
Number of households with income $50k - 60k:
Richmond:
2.8% (2)
State:
8.9% (14,990)
Number of households with income $60k - 75k:
Richmond:
0.0% (0)
State:
11.5% (19,325)
Number of households with income $75k - 100k:
Richmond:
0.0% (0)
Michigan:
14.9% (25,158)
Number of households with income $100k - 125k:
Richmond:
0.0% (0)
State:
8.8% (14,758)
Number of households with income $125k - 150k:
Richmond:
0.0% (0)
State:
5.3% (8,915)
Number of households with income $150k - 200k:
Richmond:
0.0% (0)
Michigan:
6.7% (11,249)
Number of households with income > $200k:
Richmond:
0.0% (0)
State:
5.3% (8,978)
Aggregate household income in Richmond in 2022: $2,272,829
Median family income in Richmond in 2022:
Richmond:
$20,935
State:
$69,994
Number of families with income $20k - 30k:
Richmond:
59.9% (53)
Michigan:
7.6% (8,369)
Number of families with income $30k - 40k:
Richmond:
36.3% (32)
State:
7.5% (8,261)
Number of families with income $50k - 60k:
Richmond:
3.8% (3)
State:
9.1% (10,009)
Median per capita income in Richmond in 2022:
Richmond:
$7,313
State:
$25,462
Change in median per capita income between 2000 and 2022:: -36.6%
Richmond, Michigan:
-36.6%
Michigan:
+83.3%
Income statistics for Multirace residents
Number of households with income < $10k:
Richmond:
0.0% (0)
State:
6.1% (12,463)
Number of households with income $10k - 20k:
Richmond:
0.0% (0)
State:
8.7% (17,830)
Number of households with income $20k - 30k:
Richmond:
0.0% (0)
State:
7.6% (15,686)
Number of households with income $30k - 40k:
Richmond:
0.0% (0)
State:
9.5% (19,444)
Number of households with income $40k - 50k:
Richmond:
0.0% (0)
Michigan:
7.5% (15,476)
Number of households with income $50k - 60k:
Richmond:
0.0% (0)
Michigan:
8.1% (16,622)
Number of households with income $60k - 75k:
Richmond:
0.0% (0)
Michigan:
10.6% (21,725)
Number of households with income $75k - 100k:
Richmond:
0.0% (0)
Michigan:
14.4% (29,501)
Number of households with income $100k - 125k:
Richmond:
66.7% (34)
State:
8.9% (18,231)
Number of households with income $125k - 150k:
Richmond:
0.0% (0)
State:
5.8% (11,923)
Number of households with income $150k - 200k:
Richmond:
0.0% (0)
State:
6.8% (13,956)
Number of households with income > $200k:
Richmond:
33.3% (17)
Michigan:
6.2% (12,672)
Aggregate household income in Richmond in 2022: $20,041,094
Median per capita income in Richmond in 2022:
Richmond:
$30,745
State:
$26,098
Change in median per capita income between 2000 and 2022:
Richmond, Michigan:
+127.5%
Michigan:
+106.5%
Income statistics for other residents
Number of households with income < $10k:
Richmond:
0.0% (0)
State:
7.8% (4,680)
Number of households with income $10k - 20k:
Richmond:
0.0% (0)
State:
6.4% (3,815)
Number of households with income $20k - 30k:
Richmond:
0.0% (0)
State:
9.4% (5,582)
Number of households with income $30k - 40k:
Richmond:
100.0% (43)
State:
7.3% (4,338)
Number of households with income $40k - 50k:
Richmond:
0.0% (0)
State:
10.2% (6,092)
Number of households with income $50k - 60k:
Richmond:
0.0% (0)
State:
8.2% (4,875)
Number of households with income $60k - 75k:
Richmond:
0.0% (0)
Michigan:
11.6% (6,923)
Number of households with income $75k - 100k:
Richmond:
0.0% (0)
State:
16.3% (9,741)
Number of households with income $100k - 125k:
Richmond:
0.0% (0)
State:
8.5% (5,050)
Number of households with income $125k - 150k:
Richmond:
0.0% (0)
State:
4.7% (2,776)
Number of households with income $150k - 200k:
Richmond:
0.0% (0)
Michigan:
4.5% (2,682)
Number of households with income > $200k:
Richmond:
0.0% (0)
State:
5.2% (3,111)
Aggregate household income in Richmond in 2022: $3,609,270
Median per capita income in Richmond in 2022:
Richmond:
$9,656
State:
$27,114
Change in median per capita income between 2000 and 2022:
Richmond, Michigan:
+78.5%
State:
+104.6%
Discuss Richmond, Michigan (MI) on our hugely popular Michigan forum.