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The total population of Richmond is estimated to be 2,926 with 1,434 males (49.01%) and 1,492 females (50.99%). There are 58 more females than males in Richmond.
The median household income in Richmond was $80,731 in 2021, which marked an an increase of 4,345(5.69%) from $76,386 in 2020. This income is 108.21% 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 sees its highest median household income among householders in the age group of 45 to 64 years old, at $102,810. Overall, the median household income for the city of Richmond stands at $80,731.
In Richmond, the median income for all workers aged 15 years and older, regardless of work hours, was $48,880 for males and $27,684 for females. However, when specifically considering full-time, year-round workers within the same age group, the median income was $58,504 for males and $39,634 for females.
In Richmond, there are just two different racial groups among households. Among these, Two or More Races households report a median household income of $98,633, while White households have a median household income of $80,655.
In 2022, the population of Richmond was 2,986, a 0.67% increase year-by-year from 2021. Previously, in 2021, Richmond's population was 2,966, an increase of 0.95% compared to a population of 2,938 in 2020.
The median age in Richmond, UT is 35.2, as per 2021 ACS 5-Year Estimates. Of the total population, 30.75% were under the age of 15, 13.92% aged 15 to 29, 45.09% aged 30 to 64, 9.86% aged 65 to 84, and 0.38% were 85 years of age and older.
Racial distribution of Richmond population: 96.15% are White, 0.49% are Black or African American, 0.28% are American Indian and Alaska Native and 3.09% are multiracial.