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Population & People
Population
8,213
Median age
31.9
Median household income
$74,756
Poverty rate
12.5%
Unemployment rate
3.7%
Bachelor's degree+
23.1%
Avg. commute
12 min
Hispanic or Latino
4.9%
Source: U.S. Census Bureau, American Community Survey.
Housing & Rent
Median home value
$332,500
Median gross rent
$915/mo
Homeownership rate
65.02%
HUD FMR — 2 bedroom
$1,313
HUD Fair Market Rent (Utah statewide average across 29 areas — not specific to Richfield), 2026. Efficiency $981, 1BR $1082, 2BR $1313, 3BR $1746, 4BR $2105. This is a different official figure from Census median gross rent above.
Energy
Utah commercial electricity
10.04¢/kWh
Utah industrial electricity
8.43¢/kWh
Utah residential electricity
13.07¢/kWh
Economy
Gross Domestic Product: All Industry Total
315973.2
Real Gross Domestic Product: All Industry Total
240786.9
All-Transactions House Price Index for Utah
864.92
Unemployment Rate
3.6%
Source: FRED, Utah-specific series.
