HomeNorth CarolinaStanly CountyRichfield town
Richfield town, North Carolina: commercial real estate data.
Richfield town is a Census town of 937 people across 2.42 square miles of land, in Stanly County. Median household income is $70,750, 80.8 percent of occupied homes are owned, and the SBA record carries 3 7(a) approvals to borrowers here worth $1.6 m.
70 sourced place values · tier FULL · 8 sections · underlined figures are computed by MMCG Analytics, not published by the agency
Richfield
What Richfield is
- Census place typetown
- Land area2.42 sq mi
- Water area0.02 sq mi
- Population per square mile of land387 plus or minus 125
- County holding the largest share of its areaStanly 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.
Richfield
How many people live in Richfield
- Population937 plus or minus 304
- Median age30.9 plus or minus 8.0
- Population under 18211 plus or minus 88
- Share under 1822.5 percent plus or minus 5.9
- Population 65 and over135 plus or minus 66
- Share 65 and over14.4 percent plus or minus 5.3
- Households313 plus or minus 88
- Family households226 plus or minus 78
- Share of households that are families72.2 percent plus or minus 14.5
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Richfield
Income and work in Richfield
- Median household income$70,750 plus or minus $42,521
- Per capita income$28,988 plus or minus $7,476
- Civilian labor force481 plus or minus 168
- Employed459 plus or minus 167
- Unemployed22 plus or minus 22
- Unemployment rate4.6 percent plus or minus 4.3
- Adults 25 and over661 plus or minus 218
- Adults 25 and over with a high school diploma or higher92.0 percent plus or minus 38.1
- Adults 25 and over with a bachelor degree or higher26.6 percent plus or minus 11.4
- Adults 25 and over with a graduate degree8.3 percent plus or minus 8.5
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Richfield
Housing in Richfield
- Housing units340 plus or minus 94
- Occupied units313 plus or minus 88
- Vacant units27 plus or minus 26
- Vacancy rate7.9 percent plus or minus 7.3
- Owner occupied253 plus or minus 82
- Renter occupied60 plus or minus 40
- Ownership rate80.8 percent
- Median owner-occupied home value$219,900 plus or minus $59,744
- Median gross rent, monthly$1,060
- Annual rent as a share of median income18.0 percent plus or minus 11.4
- Single family units289 plus or minus 95
- Share single family85.0 percent
- Units in buildings of two or more9 plus or minus 15
- Share in buildings of two or more2.6 percent plus or minus 4.5
- Mobile homes42 plus or minus 26
- Median year structure built1979
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Richfield
How Richfield gets to work
- Workers 16 and over who commute451 plus or minus 168
- Commuting under 15 minutes90 plus or minus 69
- Share commuting under 15 minutes20.0 percent plus or minus 13.4
- Commuting 30 minutes or more135 plus or minus 44
- Share commuting 30 minutes or more29.9 percent plus or minus 14.8
- Drove alone89.3 percent
- Carpooled8.6 percent plus or minus 5.8
- Public transport0.0 percent
- Walked0.4 percent plus or minus 0.9
- Worked from home1.1 percent plus or minus 1.5
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Richfield
SBA loans in Richfield (7(a))
- Approvals3
- Gross approval$1,555,000
- Average approval$518,333
- Median approval$250,000
- Ninetieth percentile approval$1,287,000
- Largest approval$1,287,000
- Jobs supported11
- Jobs per approval3.7
- Loans with a final outcome1
- Paid in full0
- Charged off1
- Median term120 months
- Share on real estate terms of 20 years or more33.3 percent
- Share to franchises33.3 percent
- Distinct lenders3
- Distinct industries by NAICS3
A charge-off rate is not published here. only 1 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.
Richfield
Flood risk in Richfield
- Listed NFIP communities1
- Of those, participating1
- NFIP community number370511
- Currently effective map date06/16/09(M)
This community carries no Community Rating System class, so no CRS premium discount applies to it.
FEMA, National Flood Insurance Program Community Status Book, Community Status Book, as retrieved.
Stanly County, not Richfield
Stanly County context, not Richfield figures
These are Stanly County figures. There is no place level equivalent published for any of them, so they are shown as the county backdrop and never as Richfield measurements.
- Establishments in Stanly County1,459
- Employment at those establishments, Stanly County18,013
- Covered employment, Stanly County23,093
- Average annual pay, Stanly County$44,697
- Average weekly wage, Stanly County$860
- Housing units permitted, Stanly County367
- Of those, single family, Stanly County367
- County product, 2024, Stanly County$2,784,779,000
- County product change over the prior year, Stanly County5.8 percent
- Average income of an arriving household, Stanly County$63,921
Every figure in this section is published for Stanly County as a whole and is not a measurement of Richfield. 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.
- 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
Richfield questions, answered from the record.
How many people live in Richfield, North Carolina?
937, in 313 households. Richfield town covers 2.42 square miles of land, which is 387 people per square mile. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
What county is Richfield in?
Stanly 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 Richfield?
$70,750. The median owner-occupied home is valued at $219,900. Median gross rent is $1,060 per month. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
How much SBA lending goes to Richfield businesses?
3 7(a) approvals totalling $1.6 m, across 3 lenders, median approval $250,000. These count approvals to borrowers whose address is in Richfield, not projects sited inside the place boundary, and they are approvals recorded in the release rather than loans disbursed.
Do SBA loans to Richfield borrowers get paid back?
No rate is published for Richfield. only 1 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.
Is Richfield in the National Flood Insurance Program?
Yes. Richfield appears in the FEMA Community Status Book as community 370511, with no Community Rating System class, so no CRS discount applies. Whether a specific parcel sits in a mapped special flood hazard area is an address level question the platform answers.
Are the county figures on this page Richfield figures?
No, and they are labelled so. County Business Patterns, QCEW, the Building Permits Survey, BEA product and IRS migration are published for Stanly 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 Richfield.
Is zoning published for Richfield?
Not yet. The zoning layer is in build. Nothing on this page presents parcel level zoning.
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