Richland

Population: 548
Median household income: $71,635
Median home value: $145,800

Richland is a community in Spencer County, Indiana, home to 548 residents. Its median household income of $71,635 runs in line with the Spencer County figure of $70,890.

From 2019 to 2023, Richland's population grew 37.7% from 398 to 548, while its median home value rose 59.5% from $91,400 to $145,800.

10.4% of residents live below the poverty line. Households average 2.57 people.

Demographics

ACS 2019–2023

Population: 548
Median age: 32.6 yrs
Median household income: $71,635
Median home value: $145,800
Median gross rent: $930
Housing units: 237
Homeownership rate: 88.3%
Bachelor's degree or higher: 14.7%
Unemployment rate: 3.4%

Trends

ACS 5-year · 2019–2023

Population

398548

Median household income

$60,625$71,635

Median home value

$91,400$145,800

Median gross rent

$644$930

Year	Population	Median household income	Median home value	Median gross rent
2019	398	$60,625	$91,400	$644
2020	506	$66,250	$122,100	$725
2021	528	$66,250	$130,200	$850
2022	542	$71,250	$133,500	$788
2023	548	$71,635	$145,800	$930

Each year is a US Census Bureau ACS 5-year estimate ending that year.

Age distribution

Under 59.1%

5 to 1713.3%

18 to 248.0%

25 to 3420.3%

35 to 4410.6%

45 to 5415.3%

55 to 646.9%

65 to 748.4%

75 and over8.0%

	Count	Share
Under 5	50	9.1%
5 to 17	73	13.3%
18 to 24	44	8.0%
25 to 34	111	20.3%
35 to 44	58	10.6%
45 to 54	84	15.3%
55 to 64	38	6.9%
65 to 74	46	8.4%
75 and over	44	8.0%

Race & ethnicity

	Count	Share
White (non-Hispanic)	533	97.3%
Black or African American	0	0.0%
American Indian & Alaska Native	0	0.0%
Asian	0	0.0%
Native Hawaiian & Pacific Islander	0	0.0%
Some other race	2	0.4%
Two or more races	12	2.2%
Hispanic or Latino (any race)	1	0.2%

Educational attainment (age 25+)

No high school diploma6.3%

High school graduate43.0%

Some college or associate's36.0%

Bachelor's degree9.4%

Graduate or professional degree5.2%

	Count	Share
No high school diploma	24	6.3%
High school graduate	164	43.0%
Some college or associate's	137	36.0%
Bachelor's degree	36	9.4%
Graduate or professional degree	20	5.2%

Commute to work

Mean travel time to work: 34 min

Drove alone98.3%

Carpooled1.0%

Public transit0.0%

Walked0.0%

Bicycle0.0%

Worked from home0.7%

Other means0.0%

How workers get to work

	Count	Share
Drove alone	296	98.3%
Carpooled	3	1.0%
Public transit	0	0.0%
Walked	0	0.0%
Bicycle	0	0.0%
Worked from home	2	0.7%
Other means	0	0.0%

Travel time

	Count	Share
Under 15 min	19	6.4%
15 to 29 min	82	27.4%
30 to 44 min	131	43.8%
45 to 59 min	53	17.7%
60+ min	14	4.7%

Households

Average household size: 2.57
Poverty rate: 10.4% (57 of 548)

	Count	Share
Family households	167	78.4%
Nonfamily households	46	21.6%

Housing

Median year structure built: 1972

Occupancy

	Count	Share
Occupied	213	89.9%
Vacant	24	10.1%

Tenure (of occupied units)

	Count	Share
Owner-occupied	188	88.3%
Renter-occupied	25	11.7%

1-unit, detached93.7%

1-unit, attached0.8%

2 to 4 units0.0%

5 to 19 units0.0%

20 or more units0.0%

Mobile home & other5.5%

Units in structure

	Count	Share
1-unit, detached	222	93.7%
1-unit, attached	2	0.8%
2 to 4 units	0	0.0%
5 to 19 units	0	0.0%
20 or more units	0	0.0%
Mobile home & other	13	5.5%

Geography

Place GEOID: 1864206
Type (LSAD): 43
Land area: 0.51 sq mi
Water area: 0 sq mi
Center point: 37.9466, -87.1697