Is New Richmond, Wisconsin a Good Place To Live? - Living In New Richmond, WI

Is New Richmond, Wisconsin a good place to live?
New Richmond is a city in Wisconsin state in USA with a population of 9212 residents.. The poverty rate of New Richmond is 5.2%, which is 63% lower than national average. The typical household in New Richmond earns $68034 a year, compared to the national median of $67,500. Nearly 35% of households earn less than $50,000 a year compared to 39% national rate.

A high school education is a basic prerequisite for most jobs, and in New Richmond, only 96% of adults have a high school diploma, compared to the 87.7% of adults nationwide. The unemployment rate of New Richmond remained 0.6%, which is 87% lower than national rate. Higher educational attainment can lead to improved job security and reduce the likelihood of financial insecurity. In New Richmond, only 28% of adults have a bachelor's degree and 40% have some college but no degree.

Cost of living in New Richmond is 97, which is 3% lower than national average. Median home value in New Richmond is $199800 , which is 13% lower than national average. While median income in New Richmond remained $68034, which is 1% higher than national average.
Population
9212
Unemployment
0.6%
87% NAT AVG.
Poverty
5.2%
63% NAT AVG.
Overall Score
8.5
Median Home Cost
$199800
13% NAT AVG.
Median Income
$68034
1% NAT AVG.
Median Rent
$895
23% NAT AVG.
Cost Of Living
97
3% NAT AVG.
People Living BPL
1 in 19
Unemployed People
1 in 167
People Earning < $10,000
1 in 36
People Earning < $50,000
35%
People with <= High School
1 in 3.1
People With Any Degree
1 in 2.2
Pros & Cons Overview

Jobs90%

Housing80%

Affordability80%

Safety80%

Amenities80%

Diversity40%

Education85%

Commute70%