New Richmond is a town located in Montgomery County, Indiana. New Richmond has a 2026 population of 315. New Richmond is currently declining at a rate of 0% annually and its population has increased by 1.29% since the most recent census, which recorded a population of 311 in 2020.
The median household income in New Richmond is $80,329 with a poverty rate of 6.93%. The median age in New Richmond is 37.7 years: 28.5 years for males, and 37.9 years for females. For every 100 females there are 98.6 males.
Data after 2023 is projected based on recent change
Overall: 37.7 years
Female: 37.9 years
Male: 28.5 years
There are 322 adults, (53 of whom are seniors) in New Richmond.
Female: 218 (50.3%)
Male: 215 (49.7%)
The racial composition of New Richmond includes 97.46% White, and smaller percentages for Asian, Two or more races, Native Hawaiian or Pacific Islander and multiracial populations.
Race | Population | Percentage (of total) |
|---|---|---|
| White | 422 | 97.46% |
| Asian | 5 | 1.15% |
| Two or more races | 5 | 1.15% |
| Native Hawaiian or Pacific Islander | 1 | 0.23% |
New Richmond's average per capita income is $46,509. Household income levels show a median of $80,329. The poverty rate stands at 6.93%.
Name | Median | Mean |
|---|---|---|
| Married Families | $80,592 | - |
| Families | $80,428 | $76,793 |
| Households | $80,329 | $74,638 |
| Non Families | $73,750 | $66,008 |
Average Income
Median Household Income
Poverty Rate