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AREA INFORMATION

56368 (Richmond, MN)

Explore the real estate in 56368 (Richmond, MN)

Area Highlights

56368 (Richmond, MN) residents have a median age of 45.1 years old, with employment highest in the administrative support and sales industries.

4,740 Population

The population has increased by 21.5% since the year 2000.

1,832 Households

The annual residential turnover is 0% in this area.

$71,908 /yr
Median Household Income

$231,203
Median Home Sale Price

24m Median Commute Time

Most people in this area drive to work.

Area Map

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Median Age

Median age is the age that divides a population into two numerically equally sized groups; that is, half the people are younger than this age and half are older. It is a single index that summarizes the age distribution of a population.

LEGEND

  • 61+ years old
  • 51 to 60 years old
  • 41 to 50 years old
  • 31 to 40 years old
  • 21 to 30 years old
  • 11 to 20 years old
  • 0 to 10 years old

Median Home Price

The median sale price measures the “middle” price of homes that sold, meaning that half of the homes sold for a higher price and half sold for less.

LEGEND

  • $2,000,000+
  • $1,000,000 to $2,000,000
  • $800,000 to $1,000,000
  • $600,000 to $800,000
  • $400,000 to $600,000
  • $200,000 to $400,000
  • $0 to $200,000

Median Household Income

The median household income is the income amount that divides a population into two equal groups, half having a household income above that amount, and half having a household income below that amount.

LEGEND

  • $500,000+ per year
  • $250,000 to $500,000 per year
  • $150,000 to $250,000 per year
  • $100,000 to $150,000 per year
  • $75,000 to $100,000 per year
  • $50,000 to $75,000 per year
  • $0 to $50,000 per year

Family & Education

45.1 Median Age
4 /5
Educational Climate Score
Factors include income, educational achievement, and the occupations of residents. This may not reflect the nature of an individual school.

53.3%

Married
This location’s average annual expenditures compared to the national average. Index score (100=National Average)

Community Population By Education

High School Graduate 37%
Some College 23%
Associates Degree 14%
Bachelors Degree 13%
Graduate Degree 4%
Less than 9th Grade 4%
Some High School 4%
Of the 3,392 people surveyed, the most prevalent educational attainment level is High School Graduate by 1,263 people, representing 37% of the population.

Household Family Expenses vs National Average

This location’s average annual expenditures compared to the national average. Index score (100=National Average)
28.1% of households have children

Area Schools

PRESCHOOL-5
0.9 MILES


Ss Peter & Paul School

K-5
0.9 MILES


Richmond Elementary School

Proximity to listed schools and their school district(s) does not guarantee enrollment eligibility. Please contact a local real estate professional or the local school district(s) for the most current information relating to schools in the area.

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Economics

$71,908 /yr
Median Household Income
66.8%
increase in household
income since the year 2000.
24 min
Median Commute Time

Household Expenses vs National Average

This location’s average annual expenditures by category compared to the national average. Index score (100=National Average)

Household by Income

There are 1,832 households in this area. The largest income group of $75-100k is made out of 317 households.

Transportation to Work

  • Drive 89%
  • Work from Home 7%
  • Walk or Bike 4%
  • Public Transit 0%

Occupancy by Type

Owned 1,622 66%
Vacant 622 25%
Rented 210 9%

White vs Blue Collar Jobs







White Collar 54%
Blue Collar 46%

Employment

Employees by Industry

  • Agriculture 4
  • Mining 53
  • Manufacturing 35
  • Transportation 49
  • Sales 77
  • Finance 30
  • Personal Care 25
  • Food Service 37
  • Education 37
  • Engineering 8

Employees by Occupation

  • Legal 1
  • Management 41
  • Construction 53
  • Protective Services 14
  • Transportation 49
  • Labor 51
  • Education 37
  • Food Service 37
  • Computer 7
  • Arts 6
  • Agriculture 4

Demographics

Community Population By Age

The median age for this area is 45.1 years old. There are 387 people aged 55-59. 362 aged 60-64 and 317 aged 15-19.

Community Population By Ethnicity

White 4,650 97%
Hispanic 98 2%
Asian 19 <1%
Other 14 <1%
Black 7 <1%
Native American 4 <1%
Hawaiian 2 <1%
Of the 4,794 people surveyed, the most prevalent ethnicity is White at 97%, followed by Hispanic at 2%, Asian at <1%, and Other at <1%.

Crime & Pollution

Crime vs National Average

This location’s average annual crime rates compared to the national average. Index score (100=National Average)

Pollution vs National Average

This location’s average annual pollution rates compared to the national average. Index score (100=National Average)

Weather

82° July
Hottest Average Month
4° January
Coldest Average Month

Severe Weather

This location’s average annual severe weather events compared to the national average. Index score (100=National Average)

Average Temperature by Month

Low (°F)
High (°F)
Jan
4°
21°
Feb
5°
24°
Mar
24°
40°
Apr
36°
57°
May
46°
70°
Jun
55°
77°
Jul
59°
82°
Aug
57°
79°
Sep
49°
71°
Oct
37°
56°
Nov
26°
43°
Dec
8°
24°

Average Temperature in Degrees Fahrenheit

Humidity & Precipitation

Relative Humidity (%)
Precipitation (inch)
Weather Data Source: PAYNESVILLE MUNI

Listings in the Area

$2,000,000
For sale
79.02 acres

Xxx Eastfield Drive
Munson Twp, MN 56368

$344,900
For sale
4 beds • 2 baths • 2,395 sqft

132 Main Street E
Richmond, MN 56368

$395,000
For sale
2 beds • 2 baths • 1,440 sqft

21192 Big Lake Road
Munson Twp, MN 56368

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Data powered by Attom Data Solutions. Copyright© 2022. Information deemed reliable but not guaranteed. * Based on a 30-year fixed rate of 4.75% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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