HomeOhioUnion CountyRichwood village
Richwood village, Ohio: commercial real estate data.
Richwood village is a Census village of 2,332 people across 1.24 square miles of land, in Union County. Median household income is $64,007, 70.3 percent of occupied homes are owned, and the SBA record carries 1 7(a) approvals to borrowers here worth $80,000.
80 sourced place values · tier FULL · 9 sections · underlined figures are computed by MMCG Analytics, not published by the agency
Richwood
What Richwood is
- Census place typevillage
- Land area1.24 sq mi
- Water area0.03 sq mi
- Population per square mile of land1,878
- County holding the largest share of its areaUnion 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.
Richwood
How many people live in Richwood
- Population2,332
- Median age34.8
- Population under 18660 plus or minus 166
- Share under 1828.3 percent plus or minus 5.9
- Population 65 and over291 plus or minus 87
- Share 65 and over12.5 percent plus or minus 3.3
- Households925
- Family households617
- Share of households that are families66.7 percent
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Richwood
Income and work in Richwood
- Median household income$64,007 plus or minus $14,039
- Per capita income$31,983 plus or minus $9,285
- Civilian labor force1,119
- Employed1,030
- Unemployed89 plus or minus 89
- Unemployment rate8.0 percent plus or minus 7.8
- Adults 25 and over1,553
- Adults 25 and over with a high school diploma or higher93.5 percent
- Adults 25 and over with a bachelor degree or higher10.3 percent plus or minus 5.2
- Adults 25 and over with a graduate degree0.6 percent plus or minus 1.1
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Richwood
Housing in Richwood
- Housing units995
- Occupied units925
- Vacant units70 plus or minus 56
- Vacancy rate7.0 percent plus or minus 5.5
- Owner occupied650
- Renter occupied275 plus or minus 91
- Ownership rate70.3 percent
- Median owner-occupied home value$180,300 plus or minus $36,197
- Median gross rent, monthly$852
- Annual rent as a share of median income16.0 percent plus or minus 3.7
- Single family units799
- Share single family80.3 percent
- Units in buildings of two or more143 plus or minus 72
- Share in buildings of two or more14.4 percent plus or minus 6.9
- Mobile homes53 plus or minus 42
- Median year structure built1953
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Richwood
How Richwood gets to work
- Workers 16 and over who commute925
- Commuting under 15 minutes157 plus or minus 84
- Share commuting under 15 minutes17.0 percent plus or minus 8.5
- Commuting 30 minutes or more395 plus or minus 103
- Share commuting 30 minutes or more42.7 percent
- Drove alone80.9 percent
- Carpooled7.1 percent plus or minus 6.7
- Public transport3.4 percent plus or minus 3.3
- Walked0.0 percent
- Worked from home7.7 percent plus or minus 4.4
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Richwood
SBA loans in Richwood (7(a))
- Approvals1
- Gross approval$80,000
- Average approval$80,000
- Median approval$80,000
- Ninetieth percentile approval$80,000
- Largest approval$80,000
- Jobs supported0
- Jobs per approval0.0
- Loans with a final outcome0
- Paid in full0
- Charged off0
- Median term120 months
- Share on real estate terms of 20 years or more0.0 percent
- Share to franchises0.0 percent
- Distinct lenders1
- Distinct industries by NAICS1
A charge-off rate is not published here. only 0 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.
Richwood
SBA loans in Richwood (504)
- Approvals1
- Gross approval$50,000
- Average approval$50,000
- Median approval$50,000
- Largest approval$50,000
- Jobs supported4
- Loans with a final outcome0
- Charged off0
- Median term300 months
- Distinct CDCs1
US Small Business Administration, 504 FOIA release, FY2010 to FY2026 year to date, as of 2026-06-30.
Richwood
Flood risk in Richwood
- Listed NFIP communities1
- Of those, participating1
- NFIP community number390549
- Currently effective map date09/21/23
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.
Union County, not Richwood
Union County context, not Richwood figures
These are Union County figures. There is no place level equivalent published for any of them, so they are shown as the county backdrop and never as Richwood measurements.
- Establishments in Union County1,240
- Employment at those establishments, Union County29,795
- Covered employment, Union County34,660
- Average annual pay, Union County$74,039
- Average weekly wage, Union County$1,424
- Housing units permitted, Union County1,498
- Of those, single family, Union County646
- County product, 2024, Union County$6,199,741,000
- County product change over the prior year, Union County11.1 percent
- Average income of an arriving household, Union County$104,314
Every figure in this section is published for Union County as a whole and is not a measurement of Richwood. 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
Richwood questions, answered from the record.
How many people live in Richwood, Ohio?
2,332, in 925 households. Richwood village covers 1.24 square miles of land, which is 1,878 people per square mile. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
What county is Richwood in?
Union 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 Richwood?
$64,007. The median owner-occupied home is valued at $180,300. Median gross rent is $852 per month. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
How much SBA lending goes to Richwood businesses?
1 7(a) approvals totalling $80,000, across 1 lenders, median approval $80,000, plus 1 504 approvals worth $50,000. These count approvals to borrowers whose address is in Richwood, not projects sited inside the place boundary, and they are approvals recorded in the release rather than loans disbursed.
Do SBA loans to Richwood borrowers get paid back?
No rate is published for Richwood. only 0 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 Richwood in the National Flood Insurance Program?
Yes. Richwood appears in the FEMA Community Status Book as community 390549, 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 Richwood figures?
No, and they are labelled so. County Business Patterns, QCEW, the Building Permits Survey, BEA product and IRS migration are published for Union 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 Richwood.
Is zoning published for Richwood?
Not yet. The zoning layer is in build. Nothing on this page presents parcel level zoning.
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