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About Richfield Minnesota

By
Mortgage and Lending with Waterstone Mortgage NMLS#186434 NMLS# 274129

If you are looking to purchase a home in Richfield, Minnesota here are some demographics of the area that I thought would be useful to you. If you are moving to the area and would like help with financing or would like me to refer a realtor to you I would be happy to do that for you as well.

Richfield, Minnesota
Population:34594Major City:MINNEAPOLIS
Households:15149County:HENNEPIN
Average Household Income:$45,598State:MN
Average Commute Time:20.6 Minutes
 
Household Details
Total Housing Units:15419Total Households:15149
Total Population in Households:34106Total Households with a member under 18:3966
Total Households with a member over 65:4742Total Families in Households:8771
Total 2-Person Families in Households:4339Total 3-Person Families in Households:1955
Total 4-Person Families in Households:1469Total 5-Person Families in Households:647
Total 6-Person Families in Households:218Total 7+ Person Families in Households:143
Total Households with Non-Family Members:6364Total 1-Person Non-Family Households:5093
Total 2-Person Non-Family Households:1030Total 3-Person Non-Family Households:170
Total 4-Person Non-Family Households:50Total 5-Person Non-Family Households:11
Total 6-Person Non-Family Households:5Total 7+ Person Non-Family Households:5
 
Family Details
Families:8910Families w/Children Under 18 Yrs:281
Families w/Children Under 5 Yrs:166Families w/Female Householder - no Husband:166
 
Commuting Details
Commuting Workers 16 or Over:19328Drive Alone:14906
Carpooled:1925Public TransportationPublic Transportation:1229
Walked:512Other Means:247
Work at Home:509Mean Travel Time (minutes):20.6
 
Employment Details
Employed Civilian Pop 16 Yrs and Over:19590Mgmt and Professional:6363
Employed Civilian Females:9475Employed Civilian Females w/Children Under 6 Yrs:2572
Service:3019Sales and Office:6492
Farming, Fishing and Forestry:14Construction, Extraction and Maintenance:1357
Production, Transportation and Material Moving:2345Agriculture, Forestry, Fishing and Hunting:46
Construction:837Manufacturing:2375
Wholesale Trade:795Retail Trade:2878
Transportation, Warehousing and Utilities:1187Employment Information:615
Finance, Insurance, Real Estate and Rental/Leasing:1822Prof., Scientific, Mgmt, Admin and Waste Mgmt:2246
Employment, Education, Health, and Social Services:3591Arts, Entertainment Recreation, Accomodation and Food Services:1640
Employment Other_Services:1023Public Administration:535
Private Wage and Salary:16837Government:1850
Self-Employed - not Incorporated:899Unpaid Family Workers:4
 
Income Details
Families:8910Family Average Income:56528
Family Per Capita Income:24715Families In Poverty:342
Female, Fulltime Median Earnings:29948Male, Fulltime Median Earnings:38404
With Social Security Income:4179Mean Social Security Income:12548
With Supplemental Security Income:401Mean Supplemental Security Income:6180
With Public Assistance:405Mean Public Assistance Income:3304
Mean Retirement Income:17146Individuals in Poverty:2150
Less than $10,000:227$10,000 to $14,999:170
$15,000 to $24,999:674$25,000 to $34,999:1041
$35,000 to $49,999:1557$50,000 to $74,999:2656
Families Grand To 100 Grand:1430$100,000 to $149,999:852
$150,000 to $199,999:124$200,000 or More:179

Information Courtesy of Shawn Gerhardson with Homestead Mortgage and the Home Buyer Scouting Report

If you would like to estimate payments click on my mortgage calculator

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