Richfield

Population: 36,725
Median household income: $84,055
Median home value: $320,400

Richfield is a community in Hennepin County, Minnesota, home to 36,725 residents. Its median household income of $84,055 runs below the Hennepin County figure of $96,339.

From 2019 to 2023, Richfield's population grew 1.8% from 36,063 to 36,725, while its median home value rose 42.3% from $225,200 to $320,400.

7.3% of residents live below the poverty line. Households average 2.24 people.

Demographics

ACS 2019–2023

Population: 36,725
Median age: 38.9 yrs
Median household income: $84,055
Median home value: $320,400
Median gross rent: $1,334
Housing units: 16,759
Homeownership rate: 62.4%
Bachelor's degree or higher: 44.3%
Unemployment rate: 5.1%

Trends

ACS 5-year · 2019–2023

Population

36,06336,725

Median household income

$66,908$84,055

Median home value

$225,200$320,400

Median gross rent

$1,079$1,334

Year	Population	Median household income	Median home value	Median gross rent
2019	36,063	$66,908	$225,200	$1,079
2020	36,253	$70,091	$241,100	$1,150
2021	36,899	$74,301	$259,200	$1,206
2022	36,809	$80,712	$294,000	$1,299
2023	36,725	$84,055	$320,400	$1,334

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

Age distribution

Under 55.2%

5 to 1713.5%

18 to 246.9%

25 to 3417.3%

35 to 4417.3%

45 to 549.6%

55 to 6411.3%

65 to 7411.3%

75 and over7.5%

	Count	Share
Under 5	1,922	5.2%
5 to 17	4,965	13.5%
18 to 24	2,548	6.9%
25 to 34	6,367	17.3%
35 to 44	6,345	17.3%
45 to 54	3,526	9.6%
55 to 64	4,147	11.3%
65 to 74	4,141	11.3%
75 and over	2,764	7.5%

Race & ethnicity

	Count	Share
White (non-Hispanic)	22,434	61.1%
Black or African American	3,619	9.9%
American Indian & Alaska Native	137	0.4%
Asian	2,262	6.2%
Native Hawaiian & Pacific Islander	0	0.0%
Some other race	258	0.7%
Two or more races	1,272	3.5%
Hispanic or Latino (any race)	6,743	18.4%

Educational attainment (age 25+)

No high school diploma8.6%

High school graduate19.6%

Some college or associate's27.5%

Bachelor's degree31.3%

Graduate or professional degree13.0%

	Count	Share
No high school diploma	2,343	8.6%
High school graduate	5,362	19.6%
Some college or associate's	7,506	27.5%
Bachelor's degree	8,539	31.3%
Graduate or professional degree	3,540	13.0%

Commute to work

Mean travel time to work: 23 min

Drove alone68.1%

Carpooled6.8%

Public transit4.3%

Walked2.6%

Bicycle0.3%

Worked from home15.7%

Other means2.1%

How workers get to work

	Count	Share
Drove alone	13,761	68.1%
Carpooled	1,375	6.8%
Public transit	868	4.3%
Walked	523	2.6%
Bicycle	69	0.3%
Worked from home	3,181	15.7%
Other means	430	2.1%

Travel time

	Count	Share
Under 15 min	4,120	24.2%
15 to 29 min	8,188	48.1%
30 to 44 min	3,166	18.6%
45 to 59 min	735	4.3%
60+ min	817	4.8%

Households

Average household size: 2.24
Poverty rate: 7.3% (2,658 of 36,520)

	Count	Share
Family households	9,401	58.0%
Nonfamily households	6,820	42.0%

Housing

Median year structure built: 1959

Occupancy

	Count	Share
Occupied	16,221	96.8%
Vacant	538	3.2%

Tenure (of occupied units)

	Count	Share
Owner-occupied	10,129	62.4%
Renter-occupied	6,092	37.6%

1-unit, detached59.2%

1-unit, attached2.3%

2 to 4 units2.5%

5 to 19 units11.1%

20 or more units24.8%

Mobile home & other0.2%

Units in structure

	Count	Share
1-unit, detached	9,916	59.2%
1-unit, attached	385	2.3%
2 to 4 units	414	2.5%
5 to 19 units	1,855	11.1%
20 or more units	4,152	24.8%
Mobile home & other	37	0.2%

Geography

Place GEOID: 2754214
Type (LSAD): 25
Land area: 6.78 sq mi
Water area: 0.14 sq mi
Center point: 44.8744, -93.2824