Richmond, UT
Source:
Affordability Score: 71/100
Population: 2,722 · 1 ZIP codes
The affordability dashboard for Richmond, UT aggregates Census ACS 5-Year Estimates across 1 ZIP code covering 2,722 residents, then layers in county-level federal data to produce an overall grade of B (71/100). The headline inputs are median household income of $108,750, median home value of $398,900, median rent of $1,063 per month, and 32.6% 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 $1,241 per month (studio $940, 1BR $946, 3BR $1,726, 4BR $2,082). Department of Labor data lists infant center-based childcare at $11,766 per year, consuming 11% 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 Richmond, UT include income, rent. Unemployment currently reads 0.7% and poverty 1.0% — numbers worth keeping alongside the headline grade.
Score Breakdown
Income & Employment
Housing
Fair Market Rents by Bedroom
Safety
Education & Family
Childcare Costs
What This Means
Richmond, UT receives an overall affordability grade of B (71/100), aggregated from 1 ZIP codes with a total population of 2,722. This area performs well in income and rent. Data was unavailable for commute, safety — these dimensions were excluded from the overall score.
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Official Data Resources
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 →
Read our methodology to see how this data is sourced, computed, and verified.