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The total population of Richmond town is estimated to be 1,435 with 692 males (48.22%) and 743 females (51.78%). There are 51 more females than males in Richmond town.
The median household income in Richmond town was $102,011 in 2021, which marked an a decrease of 7,408(6.77%) from $109,419 in 2020. This income is 136.73% 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, Richmond town sees its highest median household income among householders in the age group of 45 to 64 years old, at $108,430. Overall, the median household income for the town of Richmond town stands at $102,011.
In Richmond town, the median income for all workers aged 15 years and older, regardless of work hours, was $48,249 for males and $46,614 for females. However, when specifically considering full-time, year-round workers within the same age group, the median income was $69,449 for males and $87,824 for females.
In Richmond town, there are just two different racial groups among households. Among these, White households report a median household income of $102,687, while Two or More Races households have a median household income of $80,393.
In 2022, the population of Richmond town was 1,402, a 0.50% decrease year-by-year from 2021. Previously, in 2021, Richmond town's population was 1,409, a decline of 0.00% compared to a population of 1,409 in 2020.
The median age in Richmond, Massachusetts is 56.5, as per 2021 ACS 5-Year Estimates. Of the total population, 11.51% were under the age of 15, 8.31% aged 15 to 29, 48.77% aged 30 to 64, 29.70% aged 65 to 84, and 1.70% were 85 years of age and older.
Racial distribution of Richmond town population: 93.87% are White, 3.47% are Black or African American, 1.70% are Asian and 0.95% are multiracial.