Richfield Minnesota Real Estate
Richfield, Minnesota, is located in Hennepin County, 3 miles NE of Bloomington, Minnesota and 294 miles NW of Milwaukee, Wisconsin. Richfield has a population of 34,439.
Richfield Homes
Richfield properties pool is 15,073 residential properties including Richfield new homes. Median age of real estate in Richfield is 1956. Average Household size is 2.89 people. 4% are one bedroom homes, 27% are 2 bedroom homes, 52% are 3 bedroom homes, 15% are 4 bedroom homes, and 1% are 5+ bedroom homes.
Richfield Mortgage Statistics
Richfield mortgages vs. USA median statistics
| Homes |
Richfield |
USA |
| Homes With No Mortgage |
29% |
30% |
| Homes With Mortgage |
71% |
70% |
| First Mortgage Only |
53% |
54% |
| First & Second Mortgage or HELOC |
18% |
16% |
Richfield Area Real Estate Tax
Richfield Real estate Tax: Median Real Estate Taxes (2000) were $1,444 comparing to 1999 Median Family income $ 56,434. Compare to USA median yearly Real Estate Tax $1,300 and USA median Family Income $42,000 (1999).
Richfield School District: Children make up 20.2% of Richfield population. Richfield has 6,971 under 18 years old residents, or 0.36 kids per one worker, or 0.46 kids per one household.
Richfield Real Estate & Richfield Homeownership
There are 5124.82 or 34% one person households, 5275.55 or 35% two person households, and 2110.22 or 14% three person households in Richfield, Minnesota. Median residents age is 37.1, Senior citizens (65+) make up 5,633 or 16.4%% of Richfield population.
There are 19,187 workers (over 16 years of age) in Richfield. Of these, 87.01% drive to work. Approximately 6.38% of workers in Richfield take public transportation. An estimated 2.67% walk to work.
Median Richfield homeowner's housing expences are 17.4%
Crime in Richfield (2003), crimes per 10,000 residents per year
| Type of Crime |
Richfield |
USA, 2003 |
| Violent Crimes |
43.56 |
47.5 |
| Robberies |
13.94 |
14.2 |
| Aggravated Assaults |
24.68 |
29.5 |
| Property Crimes |
329.28 |
358.8 |
| Burglaries |
58.07 |
74.0 |
| Larceny-Thefts |
235.2 |
241.5 |
| Motor Vehicle Thefts |
36.01 |
43.3 |
Invest in Richfield Properties
When making a decision about buying real estate in Richfield Minnesota area, you should consider following statistical data:
| Category |
Richfield |
USA |
| Near Medium City |
Bloomington, Minnesota |
- |
| Near Large City |
Milwaukee, Wisconsin |
- |
| Richfield Zip Codes |
55423 |
- |
| Richfield Area Codes |
612 |
- |
| White population |
81.25% |
75.1% |
| African-American population |
6.65% |
12.3% |
| Asian |
5.3% |
3.6% |
| American Indian & Alaskan |
0.72% |
0.9% |
| Hispanic (of any race) |
6.27% |
12.5% |
| Median Family Income (1999) |
$ 56,434% |
$42,000 |
| Population Below Poverty Level |
6.24% |
12.4% |
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