New Richmond vs Waveland

A side-by-side comparison of New Richmond and Waveland: population, income, housing, and more.

New Richmond and Waveland are places in Indiana. This page compares them across population, income, housing, education, commuting, and how each has changed since 2019.

New Richmond has the higher population (441 vs 431 in Waveland). New Richmond has the higher median household income ($80,104 vs $60,956 in Waveland). Waveland has the higher median home value ($96,800 vs $81,500 in New Richmond).

Population, income & housing

	New Richmond	Waveland
Population	441	431
Median age	37.5 yrs	27.2 yrs
Median household income	$80,104	$60,956
Median home value	$81,500	$96,800
Median gross rent	$1,063	$920
Housing units	176	185
Homeownership rate	92.0%	84.6%
Bachelor's degree or higher	10.8%	12.3%
Unemployment rate	6.8%	5.3%

Trends (ACS 5-year, 2019–2023)

	New Richmond	Waveland
Population	333 → 441 (+32.4%)	522 → 431 (-17.4%)
Median household income	$50,938 → $80,104 (+57.3%)	$52,788 → $60,956 (+15.5%)
Median home value	$78,100 → $81,500 (+4.4%)	$74,600 → $96,800 (+29.8%)
Median gross rent	$725 → $1,063 (+46.6%)	$842 → $920 (+9.3%)

New Richmond

Population

333441

Median household income

$50,938$80,104

Median home value

$78,100$81,500

Median gross rent

$725$1,063

Waveland

Population

522431

Median household income

$52,788$60,956

Median home value

$74,600$96,800

Median gross rent

$842$920

Age & race/ethnicity

Age distribution (share)

	New Richmond	Waveland
Under 5	2.3%	13.9%
5 to 17	24.3%	26.0%
18 to 24	10.7%	9.3%
25 to 34	7.9%	13.5%
35 to 44	16.3%	9.3%
45 to 54	9.1%	12.1%
55 to 64	16.8%	1.4%
65 to 74	8.2%	7.2%
75 and over	4.5%	7.4%

Race & ethnicity (share)

	New Richmond	Waveland
White (non-Hispanic)	97.3%	97.2%
Black or African American	0.0%	0.0%
American Indian & Alaska Native	0.0%	0.0%
Asian	2.0%	0.0%
Native Hawaiian & Pacific Islander	0.2%	0.0%
Some other race	0.0%	0.0%
Two or more races	0.5%	2.6%
Hispanic or Latino	0.0%	0.2%

Educational attainment (age 25+)

Share of adults 25+

	New Richmond	Waveland
No high school diploma	21.7%	8.7%
High school graduate	45.5%	45.2%
Some college or associate's	22.0%	33.8%
Bachelor's degree	8.7%	7.8%
Graduate or professional degree	2.2%	4.6%

Commute to work

How workers get to work (share)

	New Richmond	Waveland
Drove alone	80.8%	84.0%
Carpooled	11.0%	13.1%
Public transit	0.0%	1.1%
Walked	0.6%	0.0%
Bicycle	0.0%	0.0%
Worked from home	7.6%	1.7%
Other means	0.0%	0.0%

Housing

Units in structure (share)

	New Richmond	Waveland
1-unit, detached	93.8%	92.4%
1-unit, attached	1.1%	0.0%
2 to 4 units	2.8%	5.4%
5 to 19 units	0.0%	0.0%
20 or more units	0.0%	0.0%
Mobile home & other	2.3%	2.2%

Poverty & households

	New Richmond	Waveland
Poverty rate	6.3%	15.8%
Average household size	2.71	2.89
Mean commute (minutes)	43	29
Median year structure built	1938	1938