Cost Of Living
Taking into account the cost of goods and services like housing, groceries, transportation and utilities, the overall cost of living in this area is well below average.
Crime
Crime per 100,000 people is significantly lower than the national average, making it a safe place to live. These crime statistics include both violent and property crimes.
Employment
Higher than average median household income, income per capita and lower unemployment rates are seen in this area. The result is a high score in the employment category.
Housing
High scores in the housing category are a distinguishing feature of this area, possibly driven by a favorable home affordability ratio, higher home values and appreciation rates.
Schools
The schools category earns a high score due to factors like exceptional test scores, strong education levels and the close proximity of elementary and high schools in this area.
Amenities
The majority of amenities are not ideally located within walking distance. To access these amenities, residents may be required to rely on a vehicle or public transit.
Commute
A low commute score could be due to longer-than-average work commutes and the limited availability of public transportation in this area.
Health & Safety
The low score in this category could be due to challenges related to air quality and the limited accessibility of health-related facilities like hospitals, nursing homes, doctors and pharmacies.
Located in the state of Utah, Richmond is a small-sized city with a population of 2,733 people. If we look at the most recent Census, Richmond is known to have a predominantly White population. The next two most common races are Asian and Native Hawaiian. If you are looking for a family friendly city, Richmond might be a good fit as 73% of the population over 15 years old are married, and 47% have kids who are 18 years old or younger. If you prefer shorter commutes, living in Richmond will be a delight. With an average one-way commute time of just 20 minutes, traveling to and from work is notably more convenient than the national average, which stands at 26 minutes.
Are you trying to ascertain if living in Richmond is the right fit for your lifestyle? To ensure a good experience before moving to any new city in Utah, you will probably want to make sure that you check all of the most important boxes. Several key factors deserve attention. For one, safety is paramount, ensuring that your new area is low in crime is key. Proximity to workplaces or schools minimizes commute times and fosters convenience. Access to essential amenities like parks, grocery stores, food, fitness, shops and healthcare facilities enhances daily life. Efficient public transportation options provide mobility and connectivity. The sense of community creates a welcoming and supportive environment. Lastly, the overall atmosphere, encompassing the vibe, aesthetics, and lifestyle offerings, contributes to a fulfilling living experience. Considering these elements helps identify the ideal neighborhood for your needs and preferences. To help you find the best places to live in and around Richmond, AreaVibes has created a livability score using key metrics like health & safety, education, employment, housing and more.
The livability score in Richmond is 68/100 and the city is ranked in the 71st percentile of all cities across America. If we check out each of the categories individually, we see that Richmond ranks well for crime (A+), cost of living (A), education (B), employment (B+) and housing (A+). There are some categories that Richmond ranks poorly for, including: amenities (F). It might be worth taking a closer look to determine why.
When contemplating a move, job prospects often top the list of priorities. In Richmond, the outlook for new employment is notably brighter than in many other areas. The low unemployment rate of 1.83% points to a surge in job opportunities, the potential for higher wages, enhanced workforce productivity and increased economic growth. These favorable conditions bode well for individuals seeking career advancement and financial stability, making this area an appealing destination for those prioritizing professional opportunities and economic prosperity.
Finding affordable real estate and housing in Richmond can be tricky. Having said that, this area might be the place to get the best of both worlds. Based on factors like home/rental affordability and appreciation rates, this area has received an above average score in the housing category. A healthy real estate market can lead to wealth appreciation for property owners, as rising property values can contribute to homeowners' equity, financial stability and the ability to build long-term wealth.
Richmond real estate prices and overall affordability will play a huge role in determining if the area is the right fit for you. Of course there are probably some other items on your “wish list”, but even before they are considered, let’s take a look at the home prices and affordability in Richmond. Median real estate prices in Richmond come in at $230,800, which is 2.8% higher than the Utah average. The home price to income ratio compares the median home prices to the median household income. In Richmond, the home price to income ratio is 3.4, which is 5.6% lower than the Utah average.
| Statistic | Richmond | Utah | National |
| Average one way commute | 20min | 22min | 26min |
| Workers who drive to work | 75.8% | 75.9% | 76.4% |
| Workers who carpool | 13.2% | 11.6% | 9.3% |
| Workers who take public transit | 0.7% | 2.6% | 5.1% |
| Workers who bicycle | 1.1% | 0.8% | 0.6% |
| Workers who walk | 2.5% | 2.6% | 2.8% |
| Working from home | 6.2% | 5.4% | 4.6% |
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