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 1.94% since the most recent census, which recorded a population of 310 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.
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.
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