Richfield, MN
Comprehensive Demographic, Economic, and Housing Data Profile
Living in Richfield, MN: Quick Facts & Overview
- Population: 36,642 residents (2,087 people per sq. mi.)
- Average House Price: $343,553
- Average Household Income: $85,132
Richfield, MN is located in the state of Minnesota. It is home to about 36,642 people, with around 2,087 residents living in every square mile.
If you want to buy a house in Richfield, the average price is around $343,553. That makes local housing 32% higher than the Minnesota average of $260,056, and 11% higher than the national average of $308,592.
The average household in Richfield earns about $85,132 a year. This income is 4% higher than the average family in Minnesota ($82,068), and 8% higher than the national average ($78,686).
Population
36,642
Median Household Income
$85,132
Median Home Value
$343,553
Median Age
39.4 yrs
Household Income Brackets
Racial & Ethnic Demographics
Age Distribution
Educational Attainment
Economic & Labor Indicators
| Individual Median Income | $50,491 |
| Labor Force Participation | 69.9% |
| Unemployment Rate | 5.3% |
| Average Commute Time | 23.1 mins |
Housing & Community Metrics
| Home Ownership Rate | 61.6% |
| Median Rent | $1,393 |
| Rent Burdened (>30% Income) | 26.1% |
| Total Housing Units | 16,547 |
Additional Census & Housing Profile
Geographic Overview
| County | Hennepin |
| County FIPS | 27053 |
| Metro Area (CBSA) | Minneapolis-St. Paul-Bloomington, MN-WI |
| Combined Area (CSA) | Minneapolis-St. Paul, MN-WI |
| Population Density | 2,087.3/sq mi |
| Coordinates (lat/lng) | 44.8763, -93.2829 |
| Timezone | America/Chicago |
| National Ranking | 2 |
| Incorporated | Yes |
Household Structure
| Average Family Size | 2.82 |
| Dual Income Families | 62.7% |
Marital Status
| Married | 51.2% |
| Never Married | 35.0% |
| Divorced | 9.2% |
| Widowed | 4.6% |
Gender
| Male | 49.9% |
| Female | 50.1% |
Health & Poverty
| Uninsured Rate (Health) | 5.4% |
| Poverty Rate | 8.2% |
Key Population Groups
| Veterans | 4.5% |
| Disabled Population | 12.2% |
| Limited English Proficiency | 3.7% |
All ZIP Codes in Richfield
| ZIP Code | Population | Median Household Income | Median Home Value |
|---|---|---|---|
| 55423 | 36,724 | $85,182 | $343,371 |
Nearby Cities
| City | Distance | Population |
|---|---|---|
| Bloomington, MN | 3.5 miles | 88,665 |
| Edina, MN | 3.9 miles | 53,262 |
| Mendota, MN | 6 miles | 207 |
| Minneapolis, MN | 6.1 miles | 2,937,870 |
| St. Louis Park, MN | 6.4 miles | 49,594 |
| Hopkins, MN | 6.9 miles | 18,819 |
| Mendota Heights, MN | 7 miles | 11,612 |
| Eagan, MN | 7.1 miles | 68,000 |
| Burnsville, MN | 7.7 miles | 64,463 |
| Lilydale, MN | 7.8 miles | 772 |
| Golden Valley, MN | 8.7 miles | 21,725 |
| Eden Prairie, MN | 8.9 miles | 63,051 |
| Lauderdale, MN | 9 miles | 2,388 |
| Sunfish Lake, MN | 9.2 miles | 533 |
| Savage, MN | 9.3 miles | 32,889 |
| Falcon Heights, MN | 9.4 miles | 5,085 |
| Minnetonka, MN | 9.5 miles | 53,064 |
| West St. Paul, MN | 9.8 miles | 21,382 |
| Apple Valley, MN | 9.9 miles | 55,679 |
| St. Paul, MN | 10.1 miles | 307,284 |
| Robbinsdale, MN | 10.6 miles | 14,234 |
| St. Anthony, MN | 10.9 miles | 9,671 |
| Medicine Lake, MN | 10.9 miles | 596 |
| Inver Grove Heights, MN | 11.5 miles | 35,906 |
| Roseville, MN | 11.5 miles | 35,802 |
| Shakopee, MN | 11.8 miles | 46,012 |
| Crystal, MN | 11.8 miles | 22,476 |
| South St. Paul, MN | 11.9 miles | 20,611 |
| Columbia Heights, MN | 12 miles | 22,155 |
| New Hope, MN | 12.2 miles | 21,181 |
| Hilltop, MN | 12.4 miles | 1,053 |
| Woodland, MN | 12.5 miles | 477 |
| Deephaven, MN | 12.7 miles | 3,793 |
| Wayzata, MN | 13 miles | 4,354 |
| Prior Lake, MN | 13.1 miles | 28,016 |
| Plymouth, MN | 13.4 miles | 79,220 |
| Brooklyn Center, MN | 13.4 miles | 32,479 |
| Greenwood, MN | 13.5 miles | 699 |
| New Brighton, MN | 13.6 miles | 22,710 |
| Lakeville, MN | 13.8 miles | 74,354 |
| Chanhassen, MN | 13.8 miles | 26,006 |
| Rosemount, MN | 13.9 miles | 27,562 |
| Little Canada, MN | 14 miles | 10,514 |
| Newport, MN | 14 miles | 4,754 |
| Excelsior, MN | 14 miles | 2,570 |
| Fridley, MN | 14.4 miles | 30,241 |
| St. Paul Park, MN | 14.4 miles | 5,457 |
| Maplewood, MN | 14.7 miles | 40,695 |
| Arden Hills, MN | 14.7 miles | 9,658 |
| Credit River, MN | 14.7 miles | 5,551 |
| Shorewood, MN | 15.2 miles | 7,647 |
| Tonka Bay, MN | 15.2 miles | 1,270 |
| Long Lake, MN | 15.8 miles | 1,728 |
| Landfall, MN | 15.8 miles | 776 |
| Shoreview, MN | 16.1 miles | 26,714 |
| Farmington, MN | 16.1 miles | 23,902 |
| Vadnais Heights, MN | 16.1 miles | 12,838 |
| Orono, MN | 16.3 miles | 8,195 |
| Mounds View, MN | 16.4 miles | 12,926 |
| Chaska, MN | 16.5 miles | 28,706 |
| Brooklyn Park, MN | 16.6 miles | 83,876 |
| Coates, MN | 16.6 miles | 131 |
| Spring Lake Park, MN | 16.7 miles | 7,032 |
| North St. Paul, MN | 16.8 miles | 12,570 |
| Gem Lake, MN | 17.3 miles | 483 |
| Oakdale, MN | 17.4 miles | 28,585 |
| Osseo, MN | 17.6 miles | 2,584 |
| Spring Park, MN | 17.6 miles | 1,896 |
| Woodbury, MN | 17.7 miles | 78,305 |
| Cottage Grove, MN | 17.9 miles | 40,992 |
| Medina, MN | 18.2 miles | 6,968 |
| North Oaks, MN | 18.2 miles | 5,179 |
| Maple Grove, MN | 18.3 miles | 71,173 |
| Victoria, MN | 18.4 miles | 11,295 |
| White Bear Lake, MN | 18.5 miles | 23,908 |
| Mound, MN | 18.8 miles | 9,107 |
| Lexington, MN | 18.9 miles | 2,770 |
| Circle Pines, MN | 19.4 miles | 4,968 |
| Pine Springs, MN | 19.5 miles | 395 |
| Birchwood Village, MN | 19.6 miles | 866 |
| Carver, MN | 19.7 miles | 6,239 |
| Empire, MN | 20 miles | 3,092 |
| Mahtomedi, MN | 20.1 miles | 8,133 |
| Willernie, MN | 20.1 miles | 495 |
| Lake Elmo, MN | 20.3 miles | 13,140 |
| Blaine, MN | 20.6 miles | 72,488 |
| Coon Rapids, MN | 20.7 miles | 63,468 |
| Maple Plain, MN | 20.7 miles | 1,701 |
| Champlin, MN | 21 miles | 23,294 |
| Vermillion, MN | 21 miles | 399 |
| Loretto, MN | 21.2 miles | 784 |
| Minnetrista, MN | 21.3 miles | 8,708 |
| Elko New Market, MN | 21.6 miles | 5,002 |
| Corcoran, MN | 21.8 miles | 7,302 |
| Dellwood, MN | 21.8 miles | 1,181 |
| Lino Lakes, MN | 22.4 miles | 22,113 |
| Crown College, MN | 22.5 miles | 422 |
| Jordan, MN | 22.6 miles | 6,771 |
| Centerville, MN | 22.8 miles | 3,935 |
| St. Bonifacius, MN | 22.8 miles | 1,997 |