Richmond, ME Profile: Facts & Data

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Richmond, Maine - Basic Facts

The Richmond Census Designated Place had a population of 1,881 as of July 1, 2019. Richmond ranks in the lower quartile for Population Density and Diversity Index when compared to the other cities, towns and Census Designated Places (CDPs) in Maine. See peer rankings below.

The primary coordinate point for Richmond is located at latitude 44.0873 and longitude -69.7989 in Sagadahoc County. The formal boundaries for the Richmond Census Designated Place encompass a land area of 7.12 sq. miles and a water area of 0 sq. miles. Sagadahoc County is in the Eastern time zone (GMT -5). The elevation is 0 feet.

The Richmond Census Designated Place (GNIS ID: 2377951) has a U1 Census Class Code which indicates a census designated place with an official federally recognized name. It also has a Functional Status Code of "S" which identifies a statistical entity.

The Richmond Census Designated Place is located within Town of Richmond, a minor civil division (MCD) of Sagadahoc County.


Jump to... (On This Page!)
  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. Maine Research Tools (Easy Tools & Current Data)
  3. Maine Data Comparison Tool - 2019 Demographics

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Boundary Maps, Demographic Data, School Zones Review maps and data for the neighborhood, city, county, 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, ME Data & Demographics (As of July 1, 2019)

HOUSING AFFORDABILITY INDEX

Richmond, ME Housing Affordability Index is 156
State of Maine Housing Affordability Index is 126
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, ME Wealth Index is 51
State of Maine Wealth Index is 86
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, Counties, ZIP Codes and even neighborhoods (Census Blocks) when you search by a specific Maine address.

See our:

  1. New 2-Minute Introduction and Concise Guide to Big Data which will help you make the most effective use of HomeTownLocator Tools.
  2. References & Data Sources page for more information about methodology and sources of data.

POPULATION

Total Population 1,881
Population in Households 1,863
Population in Familes 1,444
Population in Group Qrtrs 18
Population Density 264
Diversity Index1 9
 

INCOME

Median Household Income $53,513
Average Household Income $61,636
Per Capita Income $26,497
Wealth Index3 51

HOUSING

Total Housing Units 936 (100%)
Owner Occupied HU 554 (59.2%)
Renter Occupied HU 273 (29.2%)
Vacant Housing Units 108 (11.5%)
Median Home Value $157,095
Housing Affordability Index2 156
 

HOUSEHOLDS

Total Households 828
Average Household Size 2.25
Family Households 520
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 0.72% 0.6%
Households 0.82% 0.67%
Families 0.96% 0.53%
Median Household Income   1.94%
Per Capita Income   2.68%

Richmond, ME - Peer Comparisons by Rank and Percentile

The table below compares Richmond to the other 130 incorporated cities, towns and CDPs in Maine 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 # 68 48th
Population Density # 101 23rd
Diversity Index # 98 25th
Median Household Income # 48 64th
Per Capita Income # 75 43rd

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

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