Richmond West CDP, FL Profile: Facts & Data

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Richmond West CDP, Florida - Basic Facts

The Richmond West Census Designated Place had a population of 37,280 as of July 1, 2019. Richmond West CDP ranks in the upper quartile for Population Density when compared to the other cities, towns and Census Designated Places (CDPs) in Florida. See peer rankings below.

The primary coordinate point for Richmond West CDP is located at latitude 25.6105 and longitude -80.4297 in Miami-Dade County. The formal boundaries for the Richmond West Census Designated Place encompass a land area of 4.17 sq. miles and a water area of 0.12 sq. miles.

The Richmond West Census Designated Place (GNIS ID: 1853280) has a U2 Census Class Code which indicates a census designated place without an official federally recognized name. It also has a Functional Status Code of "S" which identifies a statistical entity.

Florida is one of 20 states where Census County Divisions (CCDs) are used for statistical tracking of subdivisions within each county. The Richmond West Census Designated Place is located within Kendale Lakes-Tamiami CCD of Miami-Dade County.

Alternate Unofficial Names for Richmond West CDP: Richmond West.

Jump to... (On This Page!)
  1. Richmond West CDP 2019 Demographic Data
  2. Growth Rates for Richmond West CDP (Historical & 5-Year Forecast)
  3. Peer Comparisons (Rank and Percentile)
  1. Neighborhoods Demographics (Home Values, Household Income, etc.)
  2. Florida Research Tools (Easy Tools & Current Data)
  3. Florida Data Comparison Tool - 2019 Demographics

Richmond West CDP, FL - Most Popular Things to Do

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Richmond West CDP, FL Data & Demographics (As of July 1, 2019)

HOUSING AFFORDABILITY INDEX

Richmond West CDP, FL Housing Affordability Index is 128
State of Florida Housing Affordability Index is 113
The Housing Affordability Index base is 100 and represents a balance point where a resident with a median household income can normally qualify to purchase a median price home. Values above 100 indicate increased affordability, while values below 100 indicate decreased affordability.

WEALTH INDEX

Richmond West CDP, FL Wealth Index is 86
State of Florida Wealth Index is 94
The Wealth Index is based on a number of indicators of affluence including average household income and average net worth, but it also includes the value of material possessions and resources. It represents the wealth of the area relative to the national level. Values above or below 100 represent above-average wealth or below-average wealth compared to the national level.

These new demographic attributes are availiable for Neighborhoods, Cities, Counties, and ZIP Codes.

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  4. See the References & Data Sources page for more information about methodology and sources of data.
  5. See the Florida COVID-19 Data and US COVID-19 Data for more information on the spread of the novel coronavirus.

POPULATION

Total Population 37,280
Population in Households 37,198
Population in Families 34,249
Population in Group Qrtrs 82
Population Density 8,936
Diversity Index1 49
 

INCOME

Median Household Income $75,986
Average Household Income $89,744
Per Capita Income $24,755
Wealth Index3 86

HOUSING

Total Housing Units 10,680 (100%)
Owner Occupied HU 8,024 (75.1%)
Renter Occupied HU 2,257 (21.1%)
Vacant Housing Units 399 ( 3.7%)
Median Home Value $278,616
Housing Affordability Index2 128
 

HOUSEHOLDS

Total Households 10,281
Average Household Size 3.62
Family Households 9,215
Average Family Size 4
NOTES
  1. The Diversity Index is a scale of 0 to 100 that represents the likelihood that two persons, chosen at random from the same area, belong to different race or ethnic groups. If an area's entire population belongs to one race AND one ethnic group, then the area has zero diversity. An area's diversity index increases to 100 when the population is evenly divided into two or more race/ethnic groups.
  2. The Housing Affordability Index base is 100 and represents a balance point where a resident with a median household income can normally qualify to purchase a median price home. Values above 100 indicate increased affordability, while values below 100 indicate decreased affordability.
  3. The Wealth Index is based on a number of indicators of affluence including average household income and average net worth, but it also includes the value of material possessions and resources. It represents the wealth of the area relative to the national level. Values above or below 100 represent above-average wealth or below-average wealth compared to the national level.

GROWTH RATE / YEAR

2010-2019 2019-2024
Population 1.67% 1.41%
Households 1.54% 1.29%
Families 1.55% 1.31%
Median Household Income   2.76%
Per Capita Income   3.18%

Richmond West CDP, FL - Peer Comparisons by Rank and Percentile

The table below compares Richmond West CDP to the other 919 incorporated cities, towns and CDPs in Florida by rank and percentile using July 1, 2019 data. The location Ranked # 1 has the highest value. A location that ranks higher than 75% of its peers would be in the 75th percentile of the peer group.

Variable Description Rank Percentile
Total Population # 110 88th
Population Density # 26 97th
Diversity Index # 460 50th
Median Household Income # 157 83rd
Per Capita Income # 555 40th

Additional comparisons and rankings can be made with a VERY EASY TO USE Florida Census Data Comparison Tool.

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