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MI area data

Richland, MI

Richland, MI.

Population: 8,254 (Census ACS)

Home values & appreciation

Median home value
$383,477
1-year appreciation
+2.6%
3-year appreciation
+8.6%
5-year appreciation
+20.5%
10-year appreciation
+66.5%
All-time peak (2026-04)
$383,515
House Price Index
387.5 (+5.5% YoY)

Market activity

Median sale price
$360,000
Median list price
$400,000
Median days on market
297 days
Sale-to-list ratio
97.9%
Active listings
3
1-year forecast
+1.6%
New listings (monthly)
12

Rents

2-bedroom fair-market rent (HUD reference)
$1,261/mo
3BR fair-market rent
$1,639/mo

Affordability

Cost of living index (Below Average)
92.0 (100 = US avg)
Electricity rate (state-level)
20.0¢/kWh
Natural gas rate (state-level)
$10.90/MCF
30-year mortgage rate (national)
6.66%
15-year mortgage rate (national)
6.00%

Schools

Total schools
5
Elementary schools
2
Middle schools
1
High schools
2

Natural hazards & flood risk

Overall hazard risk
Relatively Moderate
Top hazards
hail, strongWind, tornado, coldWave, iceStorm
FEMA flood zone
X
Flood risk level
Minimal

Climate (30-year normals)

Average annual temperature
51.0°F
Average high
60.0°F
Average low
41.0°F
Annual precipitation
41.7 in

Air quality

Air quality rating
Moderate
Median AQI (annual)
53
Days with Good air quality
151
Days with Unhealthy air quality
2

Walkability & transit

Walkability index
6.8 / 20
Transit service frequency
-99,999

Amenities

Nearest airport
Walker Airport (6 mi)
Nearest major airport
Kalamazoo/Battle Creek International Airport (AZO) (11 mi)
Hospitals nearby (~15 mi)
5
Avg hospital rating
3.7 / 5
Solar radiation rating
Fair (3.8 kWh/m²/day)

Migration

Net migration
-650 tax filers

Housing stock

Median year housing built
1,987
Median annual property tax
$3,987
Mean commute to work
19 min
Households with broadband internet
71.9%

Employment & development

Total county employment
107,753
Average weekly wage
$1,212
Top industries (by employment)
Health Care, Accommodation & Food, Construction
Annual residential building permits (county)
269

Area data compiled from public government, academic, and industry research feeds. Data sources →

Data last updated

Most recent source refresh: Aug 2026. See all data sources →

Data compiled by REAIGENT7 — AI listing platform for real estate agents