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Situation & Outlook Report

Richmond, IN Micropolitan Statistical Area
(CBSA 39980)
Geographic-Demographic-Economic Characteristics -- access other areas
See about updates.

This section is no longer being updated. Access the permanent replacement section at http://proximityone.com/cbsa/1/cbsa39980.htm. Please bookmark this new URL.

Access 2018 S&O Reports, featuring county and metro projections to 2030, via the interactive table at http://proximityone.com/metros.htm. The 2018 reports are similar but have been greatly expanded and updated.

Contents of this Report
This document is organized into these sections:
1. Recent Trends & Outlook
2. Overview & Updates
3. Reference & Thematic Pattern Maps
3.1. Lay of the Land
3.2. Neighborhood Patterns of Economic Prosperity
4. Population Characteristics & Trends
4.1. Component City Characteristics
4.2. Component County Characteristics
4.2.1. RDEMS Component County Characteristics
4.3. General Demographic Characteristics
5. Housing Characteristics & Trends
5.1. Total Housing Units
5.2. General Housing Characteristics
5.3. Residential Construction; Housing Units Authorized & Value
5.4. Housing Price Index
6. Economic Characteristics & Trends
6.1. Economic Profile
6.2. Cost of Living Indexes
6.3. Cost of Doing Business Indexes
6.4. Consumer Price Index
6.5. Gross Domestic Product
6.6. Establishments, Employment & Earnings by Type of Business
6.7. Labor Market Characteristics & Trends
7. Education Infrastructure
7.1. Component School District Characteristics
7.2. Component Higher Education Institution Characteristics
8. GeoPolitics
  Terms of Use
  Related Resources
  Using this Document
  Updates
  About Metros & Principal Cities
  Glossary


1. Recent Trends & Outlook
Summary of recent business, demographic, economic trends; year-ahead & 5-year outlook.
- the Recent Trends & Outlook section, updated quarterly, covers topics about this metro such as .. assessing the implications of next jobs report .. impact of Fed''s interest rate action .. which sectors are expanding or contracting .. housing market conditions .. insights to help your planning and decision-making. The Recent Trends & Outlook section is available in the subscription edition.

2. Overview & Update
The total population of the Richmond, IN MISA metro changed from 68,900 in 2010 to 67,447 in 2015, a change of -1,899 (-2.8%). Among all 917 metros, this metro was ranked number 482 in 2010 and 489 in 2015, based on total population. Annual net migration was -257 (2011), -475 (2012), -408 (2013), -241 (2014), -241 (2015). View annual population estimates and components of change table. See more about population characteristics below.

This metro is projected to have a total population in 2020 of 71,345. The projected population change from 2010 to 2020 is 2,386 (3.5%). The population ages 65 years and over is projected to change from 11,611 (2010) to 15,285 (2020), a change of 3,674 (31.6%). See more about population projections.

Based on per capita personal income (PCPI), this metro was ranked number 588 in 2008 and 634 in 2014. among the 917 metros for which personal income was estimated.The PCPI changed from $30,831 in 2008 to $34,801 in 2014, a change of $3,970 (12.9%). Per capita personal income (PCPI) is a comprehensive measure of individual economic well-being. Use the interactive table to compare PCPI in this metro to other metros. See more about PCPI in Economic Characteristics section below.

Attributes of driil-down, small area geography within the metro ... metros account for 65,744 of the national scope 73,056 census tracts (others are in non-metro areas). This metro is comprised of 17 tracts covering the metro wall-to-wall. View, rank, compare demographic-economic attributes of these tracts using the interactive tables. Use the CBSA code 39980; see table usage details below the table.

3. Lay of the Land & Neighborhood Patterns of Economic Prosperity   go top

3.1. Lay of the Land go top
Lay of the Land. The following map shows the metro with bold boundary.
Counties are labeled with county name and state-county FIPS code.

 
  View developed with CV XE GIS software.   See this section to learn about making custom metro maps.

3.2. Patterns of Economic Prosperity by Neighborhood go top

Median household income by census tract (see color/data legend at left of map).

 
  View developed with CV XE GIS software.   See this section to learn about making custom metro maps.

4. Population Characteristics & Trends go top
Updated monthly, quarterly, annually. Housing market conditions and extended detail Available in subscription edition.

4.1. Component City Characteristics go top
Principal Cities (about principal cities); Click link to view city profile.
  •   Richmond

Cities 10,000 population and over; click link to view city profile.
  AreaCensus
2010
July 1
2010
July 1
2011
July 1
2012
July 1
2013
July 1
2014
Change
2010-14
%Change
2010-14
  Richmond, IN (1864260) 36,812 36,771 36,833 36,547 36,331 36,159 -612 -1.70

All places interactive tables General Demographics | Social | Economic | Housing
All places time series population estimates interactive table.

4.2. Component County Characteristics   go top
Updated periodically, annually. General demographics, social characteristics and extended detail Available in subscription edition.

Metropolitan areas are defined as one or more contiguous counties based on a set of demographic-economic criteria. Counties comprising the metro are shown below. For multi-county metros, this section provides insights into how the population is changing by county. Many metros changed geographic composition (counties included in the metro) between the Census 2010 vintage and the current vintage. These changes, if any, are also shown below (county is marked with **). See projections in related section.Click county code link to view county components of change.

  AreaJuly 1
2010
PctJuly 1
2011
PctJuly 1
2012
PctJuly 1
2013
PctJuly 1
2014
PctJuly 1
2015
Pct
Metro Summary ... more details 197,069 100.0 202,628 100.0 202,375 100.0 202,173 100.0 203,483 100.0 204,275 100.0
  Wayne County (18177) 68,900 35.0 68,754 33.9 68,287 33.7 67,839 33.6 67,447 33.1 67,001 32.8

All counties interactive tables General Demographics | Social | Economic | Housing
All counties population estimates & components of change time series interactive table.

4.2.1. RDEMS County Characteristics
Updated quarterly. For more information, see RDEMS Main.
Links open HSG1 Housing & New Residential Construction section. Select other sections from list above table.
  Wayne County, IN

4.3. General Demographic Characteristics
Updated annually. For more information, detail & to compare areas use interactive table.
  Item20132014Change
2013-14
%Change
2013-14
Total Population: Race/Origin 67,893 67,671 -222 -0.33
  One race 66,379 66,301 -78 -0.12
    White 61,225 61,216 -9 -0.01
    Black/African American 61,225 61,216 -9 -0.01
    American Indian/Alaska Native 48 0 -48 -100.00
    Asian alone 190 148 -42 -22.11
    Native Hawaiian/Pacific Islander 0 0 0...
    Some other race alone 905 424 -481 -53.15
  Two or more races 1,514 1,370 -144 -9.51
  Hispanic or Latino (of any race) 1,835 1,834 -1 -0.05
Population 25 years and over 46,504 46,150 -354 -0.05
  % high school graduate or higher 81.5 88.4 6.9 8.47
  % bachelor's degree or higher 18.8 18.9 0.1 0.53
Total Households 27,425 26,937 -488 0.53
  Median household income ($) 34,745 41,204 6,459 18.59
  Mean household income ($) 47,227 56,461 9,234 19.55
  Item20132014Change
2013-14
%Change
2013-14
Total Population: Gender & Age 67,893 67,671 -222 -0.33
  Male 32,602 32,641 39 19.55
  Female 35,291 35,030 -261 19.55
  Under 5 years 4,112 4,211 99 19.55
  5 to 9 years 4,087 4,250 163 3.99
  10 to 14 years 4,113 3,814 -299 -7.27
  15 to 19 years 5,209 4,726 -483 -9.27
  20 to 24 years 3,868 4,520 652 16.86
  25 to 34 years 7,837 7,748 -89 -1.14
  35 to 44 years 8,085 8,066 -19 -0.24
  45 to 54 years 9,633 9,027 -606 -6.29
  55 to 59 years 4,313 5,029 716 16.60
  55 to 59 years 4,313 5,029 716 16.60
  60 to 64 years 4,726 3,955 -771 -16.31
  65 to 74 years 6,297 6,754 457 7.26
  75 to 84 years 3,619 4,293 674 18.62
  85 years and over 1,994 1,278 -716 -35.91
  Median age 41.3 40.6 -0.7 -1.69
  18 years and over 52,622 52,483 -139 -0.26
  21 years and over 49,876 48,720 -1,156 -2.32
  62 years and over 14,964 15,033 69 0.46
  65 years and over 11,910 12,325 415 3.48

5. Housing Characteristics & Trends go top
Updated monthly, quarterly, annually. Housing market conditions and extended detail Available in subscription edition.

5.1. Total Housing Units
Updated Annually. Independent annual model-based estimates. For more information, detail & to compare areas use interactive table.
  ItemCensus
2010
July 1
2010
July 1
2011
July 1
2012
July 1
2013
July 1
2014
Change
2010-2014
%Change
2010-2014
  Total Housing Units 31,242 31,230 31,291 31,243 31,192 31,144 -86 -0.28

5.2. General Housing Characteristics
Updated Annually. For more information, detail & to compare areas use interactive table.
  Item20132014Change
2013-14
%Change
2013-14
Housing Units: Units in Structure 31,086 31,148 62 0.20
  1-unit, detached 22,935 22,378 -557 -2.43
  1-unit, attached 441 559 118 26.76
  2 units 1,812 2,164 352 19.43
  3 or 4 units 1,361 1,543 182 13.37
  5 to 9 units 903 1,246 343 37.98
  10 to 20 units 609 861 252 41.38
  20 or more units 1,353 968 -385 -28.46
  Item20132014Change
2013-14
%Change
2013-14
Housing Units: Occupancy & Tenure 31,086 31,148 62 0.20
  Occupied Housing Units 27,425 26,937 -488 -1.78
    Owner 18,072 18,524 452 2.50
    Renter 9,353 8,413 -940 -10.05
  Vacant Housing Units 3,661 4,211 550 15.02
  Homeowner vacancy rate 3.00 3.60 0.60...
  Rental vacancy rate 7.40 18.20 10.80...
Average household size; owner-occ 2.37 2.47 0.10 4.22
Average household size; renter-occ 2.39 2.30 -0.09 -3.77
Median Value $ owner occupied 87,900 90,700 2,800 3.19
Median Rent $ renter occupied 659 608 -51 -7.74

6. Economic Characteristics & Trends go top

6.1. Economic Profile go top
The Economic Profile shows shows derivation and key components of total personal income. Data are organized by place of residence and place of work. The place of residence profile includes estimates of total personal income, population, and per capita personal income. The place of work profile includes estimates of total earnings, total employment and average earnings per job. Updated annually. See related interactive table.

  Item20112012201320142015Change
2011-2015
%Change
2011-2015
Personal income 2,189,351 2,280,221 2,316,161 2,396,021 2,445,151 255,800 11.7
  Net earnings 1/ 1,233,293 1,285,662 1,323,295 1,350,804 1,350,718 117,425 9.5
  Personal current transfer receipts 636,812 667,626 664,931 693,761 730,589 93,777 14.7
    Income maintenance 2/ 65,465 65,711 65,957 64,683 63,757 -1,708 -2.6
    Unemployment insurance compensation 23,752 16,561 9,654 4,563 3,664 -20,088 -84.6
    Retirement and other 547,595 585,354 589,320 624,515 663,168 115,573 21.1
  Dividends, interest, and rent 3/ 319,246 326,933 327,935 351,456 363,844 44,598 14.0
  Population 4/ 68,754 68,287 67,839 67,447 67,001 -1,753 -2.5
  Per capita personal income 31,843 33,392 34,142 35,525 36,494 4,651 14.6
  Per capita net earnings 17,938 18,827 19,506 20,028 20,160 2,222 12.4
  Per capita personal current transfer receipts 9,262 9,777 9,802 10,286 10,904 1,642 17.7
    Per capita income maintenance 952 962 972 959 952 0 0.0
    Per capita unemployment insurance compensation 345 243 142 68 55 -290 -84.1
    Per capita retirement and other 7,965 8,572 8,687 9,259 9,898 1,933 24.3
  Per capita dividends, interest, and rent 4,643 4,788 4,834 5,211 5,430 787 17.0
  Earnings by place of work 1,469,326 1,526,643 1,593,630 1,637,274 1,635,969 166,643 11.3
    Wages and salaries 1,056,505 1,085,046 1,115,721 1,159,962 1,183,298 126,793 12.0
    Supplements to wages and salaries 273,008 284,487 279,263 307,690 296,696 23,688 8.7
      Employer cont. for empl. pension & insur. funds 6/ 191,286 200,569 192,190 217,338 206,226 14,940 7.8
      Employer cont. for government social insurance 81,722 83,918 87,073 90,352 90,470 8,748 10.7
    Proprietors' income 139,813 157,110 198,646 169,622 155,975 16,162 11.6
      Nonfarm proprietors' income 19,193 18,910 57,096 25,081 4,303 -14,890 -77.6
      Farm proprietors' income 120,620 138,200 141,550 144,541 151,672 31,052 25.7
Total full-time and part-time employment 37,066 37,446 37,753 38,454 38,464 1,398 3.8
  Wage and salary jobs 30,682 31,225 31,484 32,218 32,049 1,367 4.5
  Number of proprietors 6,384 6,221 6,269 6,236 6,415 31 0.5
    Number of nonfarm proprietors 7/ 759 715 717 702 695 -64 -8.4
    Number of farm proprietors 5,625 5,506 5,552 5,534 5,720 95 1.7
Average earnings per job (dollars) 39,641 40,769 42,212 42,577 42,532 2,891 7.3
  Average wages and salaries 34,434 34,749 35,438 36,004 36,922 2,488 7.2
  Average nonfarm proprietors' income 21,444 25,100 25,495 26,119 26,516 5,072 23.7
Dollar items are in current dollars (not adjusted for inflation). Per capita items in dollars; other dollar items in thousands of dollars.
See related notes.

6.2. Cost of Living Indexes   go top
Updated periodically. Available in subscription edition.

6.3. Cost of Doing Business Indexes   go top
Updated periodically. Available in subscription edition.

6.4. Consumer Price Index   go top
Updated monthly. Available in subscription edition.

6.5. Gross Domestic Product by Sector   go top
Updated quarterly, annually. For more information, detail & to compare areas use interactive table. Additional detail in subscription edition.

6.6. Establishments, Employment & Earnings by Detailed Type of Business go top
Updated quarterly. For more information, detail & to compare areas use interactive table.

Use the following links to access detailed establishment and employment data by type of business (CSV files).
  .. see notes on using these files.
  2013Q1 .. 2013Q2 .. 2013Q3 .. 2013Q4 .|. 2014Q1 .. 2014Q2 .. 2014Q3 .. 2014Q4 .|. 2015Q1 .. 2015Q2 .. 2015Q3 .. 2015Q4 .. 2016Q1 .. 2016Q2
 
6.7. Labor Market Characteristics & Trends go top
Updated monthly. Available in subscription edition.
For more information, detail & to compare areas use interactive table.
Table shows 13 most recent months.
  ItemAug15Sep15Oct15Nov15Dec15Jan16Feb16Mar16Apr16May16Jun16Jul16Aug16
Unemplymnt Rate 5.0 4.5 4.8 5.1 5.2 5.6 6.0 6.1 5.4 4.6 5.1 4.7 5.1
Unemployment 1,525 1,386 1,465 1,565 1,564 1,712 1,838 1,873 1,678 1,460 1,617 1,463 1,588
Employment 29,034 29,098 29,060 29,022 28,798 28,655 29,014 29,022 29,439 30,127 30,107 29,887 29,730
Labor Force30,55930,48430,52530,58730,36230,36730,85230,89531,11731,58731,72431,35031,318

7. Education Infrastructure   go top

7.1. Component School District Characteristics   go top
Districts in this metro. Updated periodically. See related School District interactive table.
District NameCity Name District
Code
Locale
Code
CountyState2012-13
Enrollment
2013 Total
Population
Grade Relevant
Pop Ages 5-17
Centerville-Abington Com SchsCenterville 18015603218177IN 1,681 8,381 1,631
Nettle Creek School CorpHagerstown 18073804218177IN 1,144 7,013 1,345
Northeastern Wayne SchoolsFountain City 18081904218177IN 1,219 5,747 1,101
Richmond Community SchoolsRichmond 18095103218177IN 5,172 41,427 6,127
Western Wayne SchoolsPershing 18130503218177IN 1,089 5,998 1,061

Number of districts: 5 ... Total enrollment: 10,305
All school districts interactive tables General Demographics | Social | Economic | Housing
All school districts enrollment & adminstratively reported data interactive table.

7.2. Component Higher Education Institution Characteristics   go top
2014-15 School Year. Extended detail Available in subscription edition.
  Institution City Name Code LevelTotal UG EnrollmentFulltime UG EnrollmentTotal Grad EnrollmentFulltime Grad Enrollment
Earlham College Richmond, IN1504557 993 981 83 60
Indiana University-East Richmond, IN1513887 4,430 2,015 143 35

  Number of institutions: 2 ... Total undergraduate enrollment: 5,423
  Levels: 3-Assoc degree, 4-at least 2, but < 4 years, 5-Bach degree, 6-Postbacc cert, 7 Masters degree, 8 Post-masters cert, 9 Doctors degree

8. GeoPolitics   go top
Updated periodically. Voting patterns, citizen voting age population, state legislative districts, congressional districts .. in this metro.
Available in subscription edition.

Notes
  • All data are for current vintage county and metro definition.
  • Developed by ProximityOne -- Metro Reports (888-364-7656)
  • Data sources: ProximityOne, Census Bureau, Bureau of Economic Analysis, Bureau of Labor Statistics, Federal Housing Finance Agency,
    National Center for Education Statistics.

Updates go top
The subscription edition updates frequently. Selected items are listed below. Register to receive update notifications.
  • Overview lead narrative; quarterly & annual/March.
  • Housing Price Index (section 5.4) quarterly.
  • Establishments, employment & earnings (section 6.6) quarterly.
  • Economic profile and personal income (section 6.1) annual/November.
  • Labor market situation (section 6.7) monthly.
  • Residential construction; units authorized & value (section 5.3.) monthly.
  • Population by county; annual series 2010-2016 (section 4.2.) annual/July.
  • Population by county; links for individual counties (section 4.2.) annual/July.
      -- includes annual data 2010-2016.
      -- includes components of change; race/origin; single year of age; age group summaries.
  • Total population and components of change; annual/March.
  • Census tracts overview section; annual/December.
  • General Demographics section updated/extended; annual/December.
  • Gross Domestic Product section; annual/September.
  • Higher education institutions; annual/February.
  • Metro & county demographic component detailed annual estimates; annual/March.
  • School districts in metro & K-12 enrollment; annual/August.
More about schedule and upcoming events ... Calendar ... Upcoming Events ... Find Event

Terms of Use go top
Situation & Outlook Reports are a proprietary resource developed by ProximityOne. There is no warranty of any type associated with any aspect of this report. The user of this document is solely responsible to any use, direct or indirect, that might be made of this document.

Related Resources go top
  • Metros main page
  • Current estimates and projections: states to 2030, counties & metros to 2020 by age, counties & states to 2060.
  • Making Custom Metropolitan Area Maps
  • Rental Market Conditions by Metropolitan Area
  • Metro Gross Domestic Product
  • Housing Price Index
  • Establishments, Employment & Earnings
  • Regional Economic Information System
  • ACS 2014 1-year General Demographics ... Social Characteristics ... Economic Characteristics ... Housing Characteristics

Using this Document go top
The Situation & Outlook Report, a component of the Situation & Outlook, is a core ProximityOne information resource providing insights into characteristics and trends of counties, metropolitan areas, states and the U.S. The Report also provides a gateway to drill-down demographic, economic and business data for smaller geographic areas.

Metropolitan areas include approximately 94 percent of the U.S. population -- 85 percent in metropolitan statistical areas (MSAs) and 9 percent in micropolitan statistical areas (MISAs).

About Metropolitan Areas & Principal Cities -- scroll section go top
Metropolitan Areas are designated by OMB ("Standards for Delineating Metropolitan and Micropolitan Statistical Areas") based mainly on Census Bureau-sourced data. Metropolitan areas are defined as Metropolitan Statistical Areas (MSA) and Micropolitan Statistical Areas (MISA). MSAs and MISAs are also referred to a Core-Based Statistical Areas (CBSAs). Contiguous CBSAs are defined as Combined Statistical Areas (CSA).

By definition, metropolitan areas are comprised of one or more contiguous counties. Metropolitan areas are not single cities and typically include many cities. Metropolitan areas are comprised of urban and rural areas and often have large expanses of rural territory. A business and demographic-economic synergy exists within each metro; metros often interact with adjacent metros. The demographic-economic make-up of metros vary widely and change often. See more about metros.

Principal Cities. The largest city in each metropolitan or micropolitan statistical area is designated a "principal city." Principal cities are designated by OMB based on Census-sourced data. Additional cities qualify as principal cities if specified requirements are met concerning population size and employment. The title of each metropolitan or micropolitan statistical area consists of the names of up to three of its principal cities and the name of each state into which the metropolitan or micropolitan statistical area extends. Titles of metropolitan divisions also typically are based on principal city names but in certain cases consist of county names.

One or more principal cities are designated within each Metropolitan Statistical Area (MSA) and Micropolitan Statistical Area (MISA). The term "principal city" is defined in the OMB "Standards for Delineating Metropolitan and Micropolitan Statistical Areas." A principal city is an OMB designation applied to one or more incorporated places and/or census designated places (CDPs). The OMB standards designate a Principal City (or Cities) of a Core-Based Statistical Area (CBSA) as determined by:
  a) The largest incorporated place with a 2010 Census population of at least 10,000 in the CBSA or,
        if no incorporated place of at least 10,000 population is present in the CBSA,
        the largest incorporated place or census designated place in the CBSA; and
  b) Additional places with 2010 Census population of at least 250,000 or in which 100,000 or more persons work; and
  c) Additional places with 2010 Census population of 50,000-250,000,
        and number of workers working in the place meets or exceeds the number of workers living in the place; and
  d) Additional places with 2010 Census population of 10,000-50,000, and at least one-third the population size of the largest place,
        and in which the number of workers working in the place meets or exceeds the number of workers living in the place.

ProximityOne User Group go top
Join the ProximityOne User Group to keep up-to-date with new developments relating to metros and component geography decision-making information resources. Receive updates and access to tools and resources available only to members. Use this form to join the User Group.

Support Using these Resources go top
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Additional Information go top
ProximityOne develops geographic-demographic-economic data and analytical tools and helps organizations knit together and use diverse data in a decision-making and analytical framework. We develop custom demographic/economic estimates and projections, develop geographic and geocoded address files, and assist with impact and geospatial analyses. Wide-ranging organizations use our tools (software, data, methodologies) to analyze their own data integrated with other data. Follow ProximityOne on Twitter at www.twitter.com/proximityone. Contact us (888-364-7656) with questions about data covered in this section or to discuss custom estimates, projections or analyses for your areas of interest.

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