Richfield

Population: 839
Median household income: $80,536
Median home value: $212,100

Richfield is a community in Stanly County, North Carolina, home to 839 residents. The median household income of $80,536 is above the Stanly County median ($61,631).

Between 2019 and 2023, Richfield's population grew 53.9% from 545 to 839, while its median home value rose 70.4% from $124,500 to $212,100.

88.1% of homes are single-family detached houses. The typical home was built around 1977.

Demographics

ACS 2019–2023

Population: 839
Median age: 31.3 yrs
Median household income: $80,536
Median home value: $212,100
Median gross rent: $1,071
Housing units: 352
Homeownership rate: 77.1%
Bachelor's degree or higher: 30.3%
Unemployment rate: 3.4%

Trends

ACS 5-year · 2019–2023

Population

545839

Median household income

$55,833$80,536

Median home value

$124,500$212,100

Median gross rent

$1,083$1,071

Year	Population	Median household income	Median home value	Median gross rent
2019	545	$55,833	$124,500	$1,083
2020	892	$67,028	$240,000	$867
2021	871	$69,268	$254,700	$931
2022	921	$74,651	$254,700	$940
2023	839	$80,536	$212,100	$1,071

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

Age distribution

Under 59.2%

5 to 1710.0%

18 to 246.4%

25 to 3428.0%

35 to 445.6%

45 to 5412.4%

55 to 6414.4%

65 to 7411.0%

75 and over3.0%

	Count	Share
Under 5	77	9.2%
5 to 17	84	10.0%
18 to 24	54	6.4%
25 to 34	235	28.0%
35 to 44	47	5.6%
45 to 54	104	12.4%
55 to 64	121	14.4%
65 to 74	92	11.0%
75 and over	25	3.0%

Race & ethnicity

	Count	Share
White (non-Hispanic)	738	88.0%
Black or African American	15	1.8%
American Indian & Alaska Native	0	0.0%
Asian	54	6.4%
Native Hawaiian & Pacific Islander	0	0.0%
Some other race	0	0.0%
Two or more races	7	0.8%
Hispanic or Latino (any race)	25	3.0%

Educational attainment (age 25+)

No high school diploma9.3%

High school graduate17.8%

Some college or associate's42.6%

Bachelor's degree19.7%

Graduate or professional degree10.6%

	Count	Share
No high school diploma	58	9.3%
High school graduate	111	17.8%
Some college or associate's	266	42.6%
Bachelor's degree	123	19.7%
Graduate or professional degree	66	10.6%

Commute to work

Mean travel time to work: 24 min

Drove alone89.5%

Carpooled7.6%

Public transit0.0%

Walked0.4%

Bicycle0.0%

Worked from home1.1%

Other means1.3%

How workers get to work

	Count	Share
Drove alone	402	89.5%
Carpooled	34	7.6%
Public transit	0	0.0%
Walked	2	0.4%
Bicycle	0	0.0%
Worked from home	5	1.1%
Other means	6	1.3%

Travel time

	Count	Share
Under 15 min	88	19.8%
15 to 29 min	226	50.9%
30 to 44 min	77	17.3%
45 to 59 min	32	7.2%
60+ min	21	4.7%

Households

Average household size: 2.79
Poverty rate: 12.8% (107 of 836)

	Count	Share
Family households	215	71.4%
Nonfamily households	86	28.6%

Housing

Median year structure built: 1977

Occupancy

	Count	Share
Occupied	301	85.5%
Vacant	51	14.5%

Tenure (of occupied units)

	Count	Share
Owner-occupied	232	77.1%
Renter-occupied	69	22.9%

1-unit, detached88.1%

1-unit, attached0.3%

2 to 4 units2.0%

5 to 19 units0.0%

20 or more units0.0%

Mobile home & other9.7%

Units in structure

	Count	Share
1-unit, detached	310	88.1%
1-unit, attached	1	0.3%
2 to 4 units	7	2.0%
5 to 19 units	0	0.0%
20 or more units	0	0.0%
Mobile home & other	34	9.7%

Geography

Place GEOID: 3756340
Type (LSAD): 43
Land area: 2.42 sq mi
Water area: 0.02 sq mi
Center point: 35.4725, -80.2595