The Town of New Richmond had a population of 302 as of July 1, 2020.
The primary coordinate point for New Richmond is located at latitude 40.1956 and longitude -86.9789 in Montgomery County. The formal boundaries for the Town of New Richmond encompass a land area of 0.2 sq. miles and a water area of 0 sq. miles. Montgomery County is in the Eastern time zone (GMT -5). The elevation is 784 feet.
The Town of New Richmond (GNIS ID: 2396808) 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.
|Total Population||302 (100%)|
|Population in Households||302 (100.0%)|
|Population in Families||257 (85.1%)|
|Population in Group Quarters1||0|
|Median Household Income||$57,702|
|Average Household Income||$65,340|
|% of Income for Mortgage4||10%|
|Per Capita Income||$25,022|
|Total HU (Housing Units)||128 (100%)|
|Owner Occupied HU||101 (78.9%)|
|Renter Occupied HU||20 (15.6%)|
|Vacant Housing Units||8 ( 6.2%)|
|Median Home Value||$131,522|
|Average Home Value||$139,851|
|Housing Affordability Index3||284|
|Average Household Size||2.52|
|Average Family Size||3|
GROWTH RATE / YEAR
|Median Household Income||1.0%|
|Per Capita Income||1.56%|
|Owner Occupied HU||0.39%|
The table below compares New Richmond to the other 679 incorporated cities, towns and CDPs in Indiana by rank and percentile using July 1, 2020 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.
|Total Population||# 554||19th|
|Population Density||# 249||63rd|
|Median Household Income||# 246||64th|
|Housing Affordability Index||# 410||60th|
|Per Capita Income||# 389||43rd|
|Diversity Index||# 459||33rd|
Additional comparisons and rankings can be made with a VERY EASY TO USE Indiana Census Data Comparison Tool.