Richmond, LA Profile: Facts & Data

Richmond, Louisiana - Basic Facts

The Village of Richmond had a population of 481 as of July 1, 2025.

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 Village of Richmond 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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Richmond, LA Data & Demographics (As of July 1, 2025)

POPULATION
Total Population	481 (100%)
Population in Households	387 (80.5%)
Population in Families	329 (68.4%)
Population in Group Quarters¹	94 (19.5%)
Population Density	290
Diversity Index²	55


INCOME
Median Household Income	$63,314
Average Household Income	$75,683
% of Income for Mortgage⁴	21%
Per Capita Income	$25,960
Wealth Index⁵	60
Socioeconomic Status Index⁶	Moderate (51.0)

HOUSING
Total HU (Housing Units)	202 (100%)
Owner Occupied HU	116 (57.4%)
Renter Occupied HU	47 (23.3%)
Vacant Housing Units	39 (19.3%)
Median Home Value	$213,462
Average Home Value	$285,991
Housing Affordability Index³	113

HOUSEHOLDS
Total Households	163
Average Household Size	2.37
Family Households	110
Average Family Size	3.00

HOUSING

Total HU (Housing Units)

202 (100%)

Owner Occupied HU

116 (57.4%)

Renter Occupied HU

47 (23.3%)

Vacant Housing Units

39 (19.3%)

Median Home Value

$213,462

Average Home Value

$285,991

Housing Affordability Index³

113

HOUSEHOLDS

Total Households

163

Average Household Size

2.37

Family Households

110

Average Family Size

3.00

NOTES

Group Quarters - a place where people live or stay in a group living arrangement. Includes college residents halls, nursing facilities, military barracks, and correctional facilities.
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 races 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.
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.
The % of Income for Mortgage quantifies the percentage of median household income dedicated to mortgage payments on a home priced at the median value (assuming a 30-year mortgage and a 20% down payment).
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.
The Socioeconomic Index ranges from zero (lowest relative status) to 100 (highest relative status). This measure quantifies disparities in social position of an area's inhabitants and is built from a broad range of demographic, housing, and socioeconomic inputs. More information on this measure can be found in Esri's SEI tutorial.

GROWTH RATE / YEAR	2020-2025	2025-2030
Population	-1.15%	-2.49%
Households	-0.46%	-2.31%
Families		-3.93%
Median Household Income		1.64%
Per Capita Income		1.78%
Owner Occupied HU		-1.60%

GROWTH RATE / YEAR

2020-2025

2025-2030

Population

-1.15%

-2.49%

Households

-0.46%

-2.31%

Families

-3.93%

Median Household Income

1.64%

Per Capita Income

1.78%

Owner Occupied HU

-1.60%

Richmond, LA - Peer Comparisons by Rank and Percentile

The table below compares Richmond to the other 489 incorporated cities, towns and CDPs in Louisiana by rank and percentile using July 1, 2025 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	27th
Population Density	# 336	31st
Median Household Income	# 144	71st
Housing Affordability Index	# 261	53rd
Per Capita Income	# 324	34th
Diversity Index	# 200	60th

Variable Description

Rank

Percentile

Total Population

# 357

27th

Population Density

# 336

31st

Median Household Income

# 144

71st

Housing Affordability Index

# 261

53rd

Per Capita Income

# 324

34th

Diversity Index

# 200

60th

Louisiana Census Data Comparison Tool

Richmond, LA Profile: Facts & Data

Richmond, Louisiana - Basic Facts

Richmond, LA Data & Demographics (As of July 1, 2025)

POPULATION

INCOME

HOUSING

HOUSEHOLDS

GROWTH RATE / YEAR

Richmond, LA - Peer Comparisons by Rank and Percentile

Richmond, LA - Most Popular Things to Do

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Madison Parish