Richland is a town located in Spencer County, Indiana. Richland has a 2026 population of 420. Richland is currently growing at a rate of 0.48% annually and its population has increased by 2.94% since the most recent census, which recorded a population of 408 in 2020.
The median household income in Richland is $73,250 with a poverty rate of 11.39%. The median age in Richland is 37.3 years: 31 years for males, and 43.5 years for females. For every 100 females there are 121.9 males.
Data after 2023 is projected based on recent change
Overall: 37.3 years
Female: 43.5 years
Male: 31 years
There are 472 adults, (102 of whom are seniors) in Richland.
Female: 265 (45.1%)
Male: 323 (54.9%)
The racial composition of Richland includes 97.62% White, and smaller percentages for Two or more races, other race and multiracial populations.
| Race | Population ↓ | Percentage (of total) |
|---|---|---|
| White | 574 | 97.62% |
| Two or more races | 12 | 2.04% |
| Other race | 2 | 0.34% |
Richland 's average per capita income is $35,441. Household income levels show a median of $73,250. The poverty rate stands at 11.39%.
| Name | Median ↓ | Mean |
|---|---|---|
| Families | $96,875 | $95,274 |
| Married Families | $77,917 | - |
| Households | $73,250 | $80,287 |
| Non Families | $30,729 | $30,656 |
Average Income
Median Household Income
Poverty Rate