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Richmond, Louisiana

village · Madison Parish

At a glance

447
Population
$161,400
Median home value (all homes)
47% below U.S. median
$77,554
Typical market value
Zillow, county-wide, 2026-07
$817/mo
Median rent
39% below U.S. median
$45,500
Median household income
42% below U.S. median
13.2 min
Average commute
70.6%
Homes with broadband
4.59%
Locations with fiber available
0%
Unemployment

Cost of living (Clay Affordability Index)

CAI 88 — 12% below the national average. how it's computed

Housing29% below
Goods & services6% below
Utilities7% below
Taxes19% below
Insurance43% above
Commute cost56% below
For business: Louisiana is CBII band 2/5 · time to build band 1/5. See state page for the breakdown.

Living here

Nearest 4-year college35 mi
Nearest community college46 mi
Nearest technical college50 mi
High school graduates87.5%
College graduates14.4%

Doing business here

Economic development contacts, most local first:

region Northeast Louisiana Economic Alliance
state Acadiana Economic Development Council
state America Electric Power Economic Development
American Electric Power's Economic Development page outlines the company's site selection services, energy solutions, and resources to help businesses locate and grow within AEP's service territory across 11 states.
state Jeff Davis Parish Economic Development
Industrial, Agricultural & Commercial Development for Jeff Davis Parish, Louisiana.
state Louisiana Association of Planning and Development Districts
State sales taxYes
State income taxYes
Right-to-work stateYes

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