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The total population of New Richmond is estimated to be 407 with 196 males (48.16%) and 211 females (51.84%). There are 15 more females than males in New Richmond.
The median household income in New Richmond was $76,243 in 2021, which marked an a decrease of 717(0.93%) from $76,960 in 2020. This income is 102.19% of the U.S. median household income of $74,606 (all incomes in 2022 inflation-adjusted dollars).
Per the latest American Community Survey by the Census Bureau, New Richmond sees its highest median household income among householders in the age group of 45 to 64 years old, at $87,149. Overall, the median household income for the town of New Richmond stands at $76,243.
In New Richmond, the median income for all workers aged 15 years and older, regardless of work hours, was $26,482 for males and $30,806 for females. However, when specifically considering full-time, year-round workers within the same age group, the median income was $51,794 for males and $48,371 for females.
In New Richmond, population is primarily represented by White households, reporting a median income of $76,165.
In 2022, the population of New Richmond was 313, a 0.64% increase year-by-year from 2021. Previously, in 2021, New Richmond's population was 311, a decline of 0.00% compared to a population of 311 in 2020.
The median age in New Richmond, IN is 37.9, as per 2021 ACS 5-Year Estimates. Of the total population, 19.66% were under the age of 15, 22.36% aged 15 to 29, 39.56% aged 30 to 64, 16.46% aged 65 to 84, and 1.97% were 85 years of age and older.
Racial distribution of New Richmond population: 93.12% are White, 1.47% are Black or African American, 4.42% are Asian and 0.98% are multiracial.