New Richmond is a town located in Montgomery County, Indiana. New Richmond has a 2025 population of 316 . New Richmond is currently growing at a rate of 0.32% annually and its population has increased by 1.61% since the most recent census, which recorded a population of 311 in 2020.
The average household income in New Richmond is $72,826 with a poverty rate of 6.35%. The median age in New Richmond is 37.5 years: 26.6 years for males, and 37.8 years for females. For every 100 females there are 99.5 males.
Data after 2023 is projected based on recent change
The racial composition of New Richmond includes 97.28% White, and smaller percentages for Asian, Two or more races, Native Hawaiian or Pacific Islander and multiracial populations.
White (97.28%)
Asian (2.04%)
Two or more races (0.45%)
Native Hawaiian or Pacific Islander (0.23%)
Race | Population | Percentage (of total) |
|---|---|---|
| White | 429 | 97.28% |
| Asian | 9 | 2.04% |
| Two or more races | 2 | 0.45% |
| Native Hawaiian or Pacific Islander | 1 | 0.23% |
Married
Widowed
Divorced
Separated
Never Married
New Richmond's average per capita income is $46,620. Household income levels show a median of $80,104. The poverty rate stands at 6.35%.
Name | Median | Mean |
|---|---|---|
| Married Families | $80,541 | - |
| Families | $80,203 | $75,934 |
| Households | $80,104 | $72,826 |
| Non Families | $49,750 | $59,770 |
Average Income
Median Household Income
Poverty Rate