B

Richfield, OH

Source:

Affordability Score: 73/100

Population: 6,109 · 1 ZIP codes

The affordability dashboard for Richfield, OH aggregates Census ACS 5-Year Estimates across 1 ZIP code covering 6,109 residents, then layers in county-level federal data to produce an overall grade of B (73/100). The headline inputs are median household income of $112,778, median home value of $435,200, median rent of $1,250 per month, and 50.2% of adults holding a bachelor's degree or higher. These four metrics alone explain most of the variance between city dashboards.

Cross-agency feeds widen the picture beyond Census demographics. HUD publishes a Fair Market Rent for a 2-bedroom in this county at $1,268 per month (studio $904, 1BR $985, 3BR $1,547, 4BR $1,681). Department of Labor data lists infant center-based childcare at $15,340 per year, consuming 14% of the local median household income.

Reading the overall grade requires reading all seven dimensions together. The score weights Income 20%, Safety 20%, Housing 15%, Rent 15%, Education 10%, Commute 10%, and Childcare 10%, with each sub-score benchmarked against national percentiles rather than state averages — so the grade is genuinely comparable across any city in the country. Strengths visible in the raw data for Richfield, OH include income, education, rent. Unemployment currently reads 3.7% and poverty 5.9% — numbers worth keeping alongside the headline grade.

Score Breakdown

Income A
$112,778
Median household income
Education A-
50.2%
Bachelor's degree or higher
Housing D
3.9x
Home value $435,200 vs income
Commute N/A
N/A
Average commute time
Rent A+
$1,268/mo
2BR fair market rent (13% of income)
Safety N/A
N/A
Violent crime rate (county)
Childcare C
$15,340/yr
Center-based infant care (14% of income)

Income & Employment

Median Income
$112,778
▲ 82% vs national
Per Capita Income
$68,070
Unemployment Rate
3.7%
Poverty Rate
5.9%

Housing

Median Home Value
$435,200
▲ 58% vs national
Median Rent
$1,250/mo
Owner Occupied
90.0%
2BR Fair Market Rent
$1,268/mo
▲ 6% vs national

Fair Market Rents by Bedroom

Studio
$904
1BR
$985
2BR
$1,268
3BR
$1,547
4BR
$1,681

Safety

Violent Crime Rate
Data Source
FBI UCR (county-level)

Education & Family

Bachelor's Degree+
50.2%
▲ 20 ppt vs national
High School+
69.7%
Median Age
55.1
Avg. Commute

Childcare Costs

Infant (Center)
$15,340/yr
14% of income
Toddler (Center)
$13,780/yr
Preschool (Center)
$12,064/yr
School-Age (Center)
$7,800/yr

What This Means

Richfield, OH receives an overall affordability grade of B (73/100), aggregated from 1 ZIP codes with a total population of 6,109. This area performs well in income and education and rent. Data was unavailable for commute, safety — these dimensions were excluded from the overall score.

Nearby City Dashboards

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What are common questions about this dashboard?

Is Richfield, OH affordable?
Richfield, OH receives an overall affordability grade of B (73/100) based on Census, HUD, FBI, and DOL data. Median household income is $112,778. Median home value is $435,200.
What is the cost of living in Richfield?
Key cost metrics: Median rent $1,250/mo. 2BR fair market rent $1,268/mo. Infant childcare $15,340/yr. Median home value $435,200.
How is the affordability score calculated?
The score evaluates 7 dimensions weighted by importance: Income (20%), Safety (20%), Housing (15%), Rent (15%), Education (10%), Commute (10%), and Childcare (10%). Each metric is compared against national percentile benchmarks from Census, HUD, FBI, and DOL data.

Data as of 2024. Source: U.S. Census Bureau ACS 5-Year Estimates. Source: HUD Fair Market Rents. Source: FBI Uniform Crime Report. Source: DOL National Database of Childcare Prices. Verify with HUD →