C-

Richmond, ME

Source:

Affordability Score: 50/100

Population: 3,399 · 1 ZIP codes

The affordability dashboard for Richmond, ME aggregates Census ACS 5-Year Estimates across 1 ZIP code covering 3,399 residents, then layers in county-level federal data to produce an overall grade of C- (50/100). The headline inputs are median household income of $65,854, median home value of $242,700, median rent of $1,077 per month, and 35.8% 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 $1,577 per month (studio $1,105, 1BR $1,264, 3BR $2,193, 4BR $2,645). Department of Labor data lists infant center-based childcare at $11,007 per year, consuming 17% 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. Pressure points are commute. Unemployment currently reads 2.6% and poverty 12.4% — numbers worth keeping alongside the headline grade.

Score Breakdown

Income C-
$65,854
Median household income
Education C+
35.8%
Bachelor's degree or higher
Housing D
3.7x
Home value $242,700 vs income
Commute F
29 min
Average commute time
Rent C-
$1,577/mo
2BR fair market rent (29% of income)
Safety N/A
N/A
Violent crime rate (county)
Childcare D
$11,007/yr
Center-based infant care (17% of income)

Income & Employment

Median Income
$65,854
▲ 6% vs national
Per Capita Income
$34,148
Unemployment Rate
2.6%
Poverty Rate
12.4%

Housing

Median Home Value
$242,700
▼ 12% vs national
Median Rent
$1,077/mo
Owner Occupied
69.9%
2BR Fair Market Rent
$1,577/mo
▲ 31% vs national

Fair Market Rents by Bedroom

Studio
$1,105
1BR
$1,264
2BR
$1,577
3BR
$2,193
4BR
$2,645

Safety

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

Education & Family

Bachelor's Degree+
35.8%
▲ 6 ppt vs national
High School+
66.1%
Median Age
36.9
Avg. Commute
29 min
▲ 3 min vs national

Childcare Costs

Infant (Center)
$11,007/yr
17% of income
Toddler (Center)
$10,400/yr
Preschool (Center)
$9,793/yr
School-Age (Center)
$7,280/yr

What This Means

Richmond, ME receives an overall affordability grade of C- (50/100), aggregated from 1 ZIP codes with a total population of 3,399. Challenges include commute. Data was unavailable for safety — these dimensions were excluded from the overall score.

Nearby City Dashboards

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What are common questions about this dashboard?

Is Richmond, ME affordable?
Richmond, ME receives an overall affordability grade of C- (50/100) based on Census, HUD, FBI, and DOL data. Median household income is $65,854. Median home value is $242,700.
What is the cost of living in Richmond?
Key cost metrics: Median rent $1,077/mo. 2BR fair market rent $1,577/mo. Infant childcare $11,007/yr. Median home value $242,700.
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 →