B-

Richmond, VT

Source:

Affordability Score: 68/100

Population: 4,397 · 1 ZIP codes

The affordability dashboard for Richmond, VT aggregates Census ACS 5-Year Estimates across 1 ZIP code covering 4,397 residents, then layers in county-level federal data to produce an overall grade of B- (68/100). The headline inputs are median household income of $108,971, median home value of $424,400, median rent of $1,125 per month, and 60.9% 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 $2,140 per month (studio $1,497, 1BR $1,651, 3BR $2,745, 4BR $2,833).

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, VT include income, education. Unemployment currently reads 0.9% and poverty 4.2% — numbers worth keeping alongside the headline grade.

Score Breakdown

Income A-
$108,971
Median household income
Education A+
60.9%
Bachelor's degree or higher
Housing D
3.9x
Home value $424,400 vs income
Commute C-
25 min
Average commute time
Rent B
$2,140/mo
2BR fair market rent (24% of income)
Safety N/A
N/A
Violent crime rate (county)
Childcare N/A
N/A
Center-based infant care cost

Income & Employment

Median Income
$108,971
▲ 76% vs national
Per Capita Income
$58,029
Unemployment Rate
0.9%
Poverty Rate
4.2%

Housing

Median Home Value
$424,400
▲ 54% vs national
Median Rent
$1,125/mo
Owner Occupied
77.5%
2BR Fair Market Rent
$2,140/mo
▲ 78% vs national

Fair Market Rents by Bedroom

Studio
$1,497
1BR
$1,651
2BR
$2,140
3BR
$2,745
4BR
$2,833

Safety

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

Education & Family

Bachelor's Degree+
60.9%
▲ 31 ppt vs national
High School+
72.1%
Median Age
41.9
Avg. Commute
25 min
▼ 1 min vs national

Childcare Costs

Infant (Center)
Toddler (Center)
Preschool (Center)
School-Age (Center)

What This Means

Richmond, VT receives an overall affordability grade of B- (68/100), aggregated from 1 ZIP codes with a total population of 4,397. This area performs well in income and education. Data was unavailable for safety, childcare — these dimensions were excluded from the overall score.

Nearby City Dashboards

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What are common questions about this dashboard?

Is Richmond, VT affordable?
Richmond, VT receives an overall affordability grade of B- (68/100) based on Census, HUD, FBI, and DOL data. Median household income is $108,971. Median home value is $424,400.
What is the cost of living in Richmond?
Key cost metrics: Median rent $1,125/mo. 2BR fair market rent $2,140/mo. Median home value $424,400.
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 →