HomeIndianaSpencer CountyRichland town
Richland town, Indiana: commercial real estate data.
Richland town is a Census town of 588 people across 0.51 square miles of land, in Spencer County. Median household income is $73,250, 88.3 percent of occupied homes are owned.
50 sourced place values · tier FULL · 6 sections · underlined figures are computed by MMCG Analytics, not published by the agency
Richland
What Richland is
- Census place typetown
- Land area0.51 sq mi
- Water area0 sq mi
- Population per square mile of land1,142 plus or minus 268
- County holding the largest share of its areaSpencer County, 100.0 percent
US Census Bureau, cartographic boundary file, places, 2024 vintage. US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Richland
How many people live in Richland
- Population588 plus or minus 138
- Median age37.3 plus or minus 10.7
- Population under 18116 plus or minus 43
- Share under 1819.7 percent plus or minus 5.7
- Population 65 and over102 plus or minus 39
- Share 65 and over17.3 percent plus or minus 5.2
- Households240 plus or minus 60
- Family households183 plus or minus 51
- Share of households that are families76.3 percent
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Richland
Income and work in Richland
- Median household income$73,250 plus or minus $24,337
- Per capita income$33,692
- Civilian labor force331 plus or minus 118
- Employed319 plus or minus 114
- Unemployed12 plus or minus 12
- Unemployment rate3.6 percent plus or minus 3.4
- Adults 25 and over422 plus or minus 110
- Adults 25 and over with a high school diploma or higher91.7 percent plus or minus 33.1
- Adults 25 and over with a bachelor degree or higher12.8 percent plus or minus 6.2
- Adults 25 and over with a graduate degree5.7 percent plus or minus 5.5
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Richland
Housing in Richland
- Housing units266 plus or minus 62
- Occupied units240 plus or minus 60
- Vacant units26 plus or minus 18
- Vacancy rate9.8 percent plus or minus 6.4
- Owner occupied212 plus or minus 58
- Renter occupied28 plus or minus 15
- Ownership rate88.3 percent
- Median owner-occupied home value$146,400 plus or minus $45,814
- Median gross rent, monthly$850
- Annual rent as a share of median income13.9 percent plus or minus 4.8
- Single family units241 plus or minus 59
- Share single family90.6 percent
- Units in buildings of two or more0
- Share in buildings of two or more0.0 percent
- Mobile homes25 plus or minus 18
- Median year structure built1974
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Richland
How Richland gets to work
- Workers 16 and over who commute311 plus or minus 118
- Commuting under 15 minutes25 plus or minus 16
- Share commuting under 15 minutes8.0 percent plus or minus 4.1
- Commuting 30 minutes or more185 plus or minus 80
- Share commuting 30 minutes or more59.5 percent plus or minus 12.6
- Drove alone95.9 percent plus or minus 50.9
- Carpooled3.2 percent plus or minus 3.3
- Public transport0.0 percent
- Walked0.0 percent
- Worked from home1.0 percent plus or minus 1.9
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Spencer County, not Richland
Spencer County context, not Richland figures
These are Spencer County figures. There is no place level equivalent published for any of them, so they are shown as the county backdrop and never as Richland measurements.
- Establishments in Spencer County423
- Employment at those establishments, Spencer County5,132
- Covered employment, Spencer County6,990
- Average annual pay, Spencer County$48,388
- Average weekly wage, Spencer County$931
- Housing units permitted, Spencer County67
- Of those, single family, Spencer County67
- County product, 2024, Spencer County$1,297,637,000
- County product change over the prior year, Spencer County12.1 percent
- Average income of an arriving household, Spencer County$51,441
Every figure in this section is published for Spencer County as a whole and is not a measurement of Richland. It is here because a county backdrop is what a credit committee reads a place against, and it is labelled so that it can never be quoted as the place's own.
US Census Bureau, County Business Patterns, 2023. US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages. US Census Bureau, Building Permits Survey, 2024 annual. US Bureau of Economic Analysis, Regional, table CAGDP2, CAGDP2, through 2024. US Internal Revenue Service, Statistics of Income county migration flows, 2021 to 2022 filing years.
Coverage
What this page does not hold.
Every item below could be filled with a plausible figure. None of them is. On a page a lender may read, a number that cannot be traced is worse than an absence, so the absences are named.
- No SBA approvals are recorded to a borrower address in this place in either FOIA release.
- This place is not listed as a community in the FEMA Community Status Book, so no NFIP participation or CRS class is shown.
- Parcel level detail, zoning and flood zone at an address are resolved in the platform, not on this page.
SBA figures count approvals to borrowers whose address is in the place. They are not approvals for projects inside the place boundary: the tape records a borrower city and a project county, and those can differ.
Common questions
Richland questions, answered from the record.
How many people live in Richland, Indiana?
588, in 240 households. Richland town covers 0.51 square miles of land, which is 1,142 people per square mile. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
What county is Richland in?
Spencer County, which holds 100.0 percent of the place by area. Source: US Census Bureau, cartographic boundary file, places, 2024 vintage.
What is the median household income in Richland?
$73,250. The median owner-occupied home is valued at $146,400. Median gross rent is $850 per month. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Are the county figures on this page Richland figures?
No, and they are labelled so. County Business Patterns, QCEW, the Building Permits Survey, BEA product and IRS migration are published for Spencer County as a whole and there is no place level equivalent. They appear in one clearly marked section as context and are never presented as measurements of Richland.
Is zoning published for Richland?
Not yet. The zoning layer is in build. Nothing on this page presents parcel level zoning.
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