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The total population of Richland is estimated to be 979 with 416 males (42.49%) and 563 females (57.51%). There are 147 more females than males in Richland.
The median household income in Richland was $79,380 in 2021, which marked an a decrease of 1,121(1.39%) from $80,501 in 2020. This income is 106.40% 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, Richland sees its highest median household income among householders in the age group of 25 to 44 years old, at $107,821. Overall, the median household income for the village of Richland stands at $79,380.
In Richland, the median income for all workers aged 15 years and older, regardless of work hours, was $50,262 for males and $29,455 for females. However, when specifically considering full-time, year-round workers within the same age group, the median income was $67,434 for males and $49,391 for females.
In Richland, population is primarily represented by White households, reporting a median income of $79,380.
In 2022, the population of Richland was 943, a 0.53% decrease year-by-year from 2021. Previously, in 2021, Richland's population was 948, a decline of 0.73% compared to a population of 955 in 2020.
The median age in Richland, MI is 40.9, as per 2021 ACS 5-Year Estimates. Of the total population, 14.79% were under the age of 15, 22.29% aged 15 to 29, 36.15% aged 30 to 64, 21.15% aged 65 to 84, and 5.62% were 85 years of age and older.
Racial distribution of Richland population: 98.96% are White, 0.10% are American Indian and Alaska Native, 0.42% are Asian and 0.52% are multiracial.