HomeIndianaWayne CountyRichmond city
Richmond city, Indiana: commercial real estate data.
Richmond city is a Census city of 35,581 people across 24.26 square miles of land, in Wayne County. Median household income is $45,399, 57.2 percent of occupied homes are owned, and the SBA record carries 25 7(a) approvals to borrowers here worth $22.9 m.
76 sourced place values · tier FULL · 8 sections · underlined figures are computed by MMCG Analytics, not published by the agency
Richmond
What Richmond is
- Census place typecity
- Land area24.26 sq mi
- Water area0.15 sq mi
- Population per square mile of land1,467
- County holding the largest share of its areaWayne 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.
Richmond
How many people live in Richmond
- Population35,581
- Median age38.6
- Population under 187,965
- Share under 1822.4 percent
- Population 65 and over6,739
- Share 65 and over18.9 percent
- Households14,849
- Family households8,134
- Share of households that are families54.8 percent
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Richmond
Income and work in Richmond
- Median household income$45,399
- Per capita income$28,724
- Civilian labor force15,776
- Employed14,695
- Unemployed1,081 plus or minus 284
- Unemployment rate6.9 percent plus or minus 1.8
- Adults 25 and over23,722
- Adults 25 and over with a high school diploma or higher85.7 percent
- Adults 25 and over with a bachelor degree or higher20.1 percent
- Adults 25 and over with a graduate degree8.3 percent
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Richmond
Housing in Richmond
- Housing units17,312
- Occupied units14,849
- Vacant units2,463
- Vacancy rate14.2 percent
- Owner occupied8,497
- Renter occupied6,352
- Ownership rate57.2 percent
- Median owner-occupied home value$114,400
- Median gross rent, monthly$822
- Annual rent as a share of median income21.7 percent
- Single family units12,515
- Share single family72.3 percent
- Units in buildings of two or more4,292
- Share in buildings of two or more24.8 percent
- Mobile homes505 plus or minus 153
- Median year structure built1957
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Richmond
How Richmond gets to work
- Workers 16 and over who commute13,495
- Commuting under 15 minutes7,176
- Share commuting under 15 minutes53.2 percent
- Commuting 30 minutes or more2,619
- Share commuting 30 minutes or more19.4 percent
- Drove alone77.6 percent
- Carpooled12.4 percent plus or minus 2.8
- Public transport0.3 percent plus or minus 0.3
- Walked4.7 percent plus or minus 1.6
- Worked from home4.7 percent plus or minus 1.1
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Richmond
SBA loans in Richmond (7(a))
- Approvals25
- Gross approval$22,899,700
- Average approval$915,988
- Median approval$500,000
- Ninetieth percentile approval$2,223,000
- Largest approval$4,932,000
- Jobs supported336
- Jobs per approval13.4
- Loans with a final outcome6
- Paid in full6
- Charged off0
- Median term120 months
- Share on real estate terms of 20 years or more24.0 percent
- Share to franchises24.0 percent
- Distinct lenders13
- Distinct industries by NAICS17
A charge-off rate is not published here. only 6 resolved loans, too few to publish a rate, and a rate over that few outcomes would move several points on one loan.
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30.
Richmond
SBA loans in Richmond (504)
- Approvals13
- Gross approval$4,347,000
- Average approval$334,385
- Median approval$235,000
- Largest approval$1,297,000
- Jobs supported171
- Loans with a final outcome7
- Charged off2
- Median term240 months
- Distinct CDCs2
US Small Business Administration, 504 FOIA release, FY2010 to FY2026 year to date, as of 2026-06-30.
Wayne County, not Richmond
Wayne County context, not Richmond figures
These are Wayne County figures. There is no place level equivalent published for any of them, so they are shown as the county backdrop and never as Richmond measurements.
- Establishments in Wayne County1,453
- Employment at those establishments, Wayne County25,774
- Covered employment, Wayne County29,736
- Average annual pay, Wayne County$51,067
- Average weekly wage, Wayne County$982
- Housing units permitted, Wayne County45
- Of those, single family, Wayne County41
- County product, 2024, Wayne County$3,814,557,000
- County product change over the prior year, Wayne County3.3 percent
- Average income of an arriving household, Wayne County$46,160
Every figure in this section is published for Wayne County as a whole and is not a measurement of Richmond. 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.
- 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
Richmond questions, answered from the record.
How many people live in Richmond, Indiana?
35,581, in 14,849 households. Richmond city covers 24.26 square miles of land, which is 1,467 people per square mile. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
What county is Richmond in?
Wayne 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 Richmond?
$45,399. The median owner-occupied home is valued at $114,400. Median gross rent is $822 per month. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
How much SBA lending goes to Richmond businesses?
25 7(a) approvals totalling $22.9 m, across 13 lenders, median approval $500,000, plus 13 504 approvals worth $4.3 m. These count approvals to borrowers whose address is in Richmond, not projects sited inside the place boundary, and they are approvals recorded in the release rather than loans disbursed.
Do SBA loans to Richmond borrowers get paid back?
No rate is published for Richmond. only 6 resolved loans, too few to publish a rate, and a percentage over that few outcomes would move several points on a single loan. The counts are shown instead.
Are the county figures on this page Richmond figures?
No, and they are labelled so. County Business Patterns, QCEW, the Building Permits Survey, BEA product and IRS migration are published for Wayne 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 Richmond.
Is zoning published for Richmond?
Not yet. The zoning layer is in build. Nothing on this page presents parcel level zoning.