Richmond, LA Profile: Facts & Data

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Richmond, Louisiana - Basic Facts

The Village of Richmond had a population of 583 as of July 1, 2019.

The primary coordinate point for Richmond is located at latitude 32.3879 and longitude -91.1821 in Madison Parish. The formal boundaries for the Village of Richmond encompass a land area of 1.66 sq. miles and a water area of 0 sq. miles. Madison Parish is in the Central time zone (GMT -6). The elevation is 75 feet.

The Village of Richmond (GNIS ID: 2407536) has a C1 Census Class Code which indicates an active incorporated place that does not serve as a county subdivision equivalent. It also has a Functional Status Code of "A" which identifies an active government providing primary general-purpose functions.

The Village of Richmond is located within Parish Governing Authority District 2, a minor civil division (MCD) of Madison Parish.


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  1. Richmond 2019 Demographic Data
  2. Growth Rates for Richmond (Historical & 5-Year Forecast)
  3. Peer Comparisons (Rank and Percentile)
  1. Neighborhoods Demographics (Home Values, Household Income, etc.)
  2. Louisiana Research Tools (Easy Tools & Current Data)
  3. Louisiana Data Comparison Tool - 2019 Demographics

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Boundary Maps, Demographic Data, School Zones Review maps and data for the neighborhood, city, parish, ZIP Code, and school zone. July 1, 2019, data includes home values, household income, percentage of homes owned, rented or vacant, etc.


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Richmond, LA Data & Demographics (As of July 1, 2019)

HOUSING AFFORDABILITY INDEX

Richmond, LA Housing Affordability Index is 170
State of Louisiana Housing Affordability Index is 143
The Housing Affordability Index base is 100 and represents a balance point where a resident with a median household income can normally qualify to purchase a median price home. Values above 100 indicate increased affordability, while values below 100 indicate decreased affordability.

WEALTH INDEX

Richmond, LA Wealth Index is 57
State of Louisiana Wealth Index is 71
The Wealth Index is based on a number of indicators of affluence including average household income and average net worth, but it also includes the value of material possessions and resources. It represents the wealth of the area relative to the national level. Values above or below 100 represent above-average wealth or below-average wealth compared to the national level.

These new demographic attributes are availiable for cities, Parishes, ZIP Codes and even neighborhoods (Census Blocks) when you search by a specific Louisiana address.

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  2. References & Data Sources page for more information about methodology and sources of data.

POPULATION

Total Population 583
Population in Households 492
Population in Familes 416
Population in Group Qrtrs 91
Population Density 351
Diversity Index1 43
 

INCOME

Median Household Income $41,179
Average Household Income $60,421
Per Capita Income $21,349
Wealth Index3 57

HOUSING

Total Housing Units 201 (100%)
Owner Occupied HU 130 (64.7%)
Renter Occupied HU 50 (24.9%)
Vacant Housing Units 20 ( 10.0%)
Median Home Value $136,957
Housing Affordability Index2 170
 

HOUSEHOLDS

Total Households 181
Average Household Size 2.72
Family Households 128
Average Family Size 3
NOTES
  1. The Diversity Index is a scale of 0 to 100 that represents the likelihood that two persons, chosen at random from the same area, belong to different race or ethnic groups. If an area's entire population belongs to one race AND one ethnic group, then the area has zero diversity. An area's diversity index increases to 100 when the population is evenly divided into two or more race/ethnic groups.
  2. The Housing Affordability Index base is 100 and represents a balance point where a resident with a median household income can normally qualify to purchase a median price home. Values above 100 indicate increased affordability, while values below 100 indicate decreased affordability.
  3. The Wealth Index is based on a number of indicators of affluence including average household income and average net worth, but it also includes the value of material possessions and resources. It represents the wealth of the area relative to the national level. Values above or below 100 represent above-average wealth or below-average wealth compared to the national level.

GROWTH RATE / YEAR

2010-2019 2019-2024
Population 0.11% -0.31%
Households 0.18% -0.33%
Families -0.57% -0.31%
Median Household Income   1.45%
Per Capita Income   2.06%

Richmond, LA - Peer Comparisons by Rank and Percentile

The table below compares Richmond to the other 474 incorporated cities, towns and CDPs in Louisiana by rank and percentile using July 1, 2019 data. The location Ranked # 1 has the highest value. A location that ranks higher than 75% of its peers would be in the 75th percentile of the peer group.

Variable Description Rank Percentile
Total Population # 357 25th
Population Density # 320 33rd
Diversity Index # 277 42nd
Median Household Income # 232 51st
Per Capita Income # 264 45th

Additional comparisons and rankings can be made with a VERY EASY TO USE Louisiana Census Data Comparison Tool.

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