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Real Estate Prices & Overview

Richmond South median real estate price is $214,933, which is more expensive than 41.1% of the neighborhoods in Missouri and 24.5% of the neighborhoods in the U.S.

The average rental price in Richmond South is currently $1,252, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 70.8% of Missouri neighborhoods.

Richmond South is a rural neighborhood (based on population density) located in Richmond, Missouri.

Richmond South real estate is primarily made up of medium sized (three or four bedroom) to small (studio to two bedroom) single-family homes and small apartment buildings. Most of the residential real estate is occupied by a mixture of owners and renters. Many of the residences in the Richmond South neighborhood are older, well-established, built between 1940 and 1969. A number of residences were also built between 1970 and 1999.

Home and apartment vacancy rates are 9.2% in Richmond South. NeighborhoodScout analysis shows that this rate is lower than 42.1% of the neighborhoods in the nation, approximately near the middle range for vacancies.

Notable & Unique Neighborhood Characteristics

The way a neighborhood looks and feels when you walk or drive around it, from its setting, its buildings, and its flavor, can make all the difference. This neighborhood has some really cool things about the way it looks and feels as revealed by NeighborhoodScout's exclusive research. This might include anything from the housing stock to the types of households living here to how people get around.

Occupations

More people work in manufacturing and as laborers here in the Richmond South neighborhood than in 96.5% of the neighborhoods in America. Despite the loss of manufacturing jobs across the nation, this neighborhood remains a place where, compared to other parts of the country, you will find many laborers and manufacturers.

Diversity

Did you know that the Richmond South neighborhood has more Belgian ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 0.6% of this neighborhood's residents have Belgian ancestry.

The Neighbors

There are two complementary measures for understanding the income of a neighborhood's residents: the average and the extremes. While a neighborhood may be relatively wealthy overall, it is equally important to understand the rate of people - particularly children - who are living at or below the federal poverty line, which is extremely low income. Some neighborhoods with a lower average income may actually have a lower childhood poverty rate than another with a higher average income, and this helps us understand the conditions and character of a neighborhood.

The neighbors in the Richmond South neighborhood in Richmond are middle-income, making it a moderate income neighborhood. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 44.6% of the neighborhoods in America. With 13.7% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 57.6% of U.S. neighborhoods.

A neighborhood is far different if it is dominated by enlisted military personnel rather than people who earn their living by farming. It is also different if most of the neighbors are clerical support or managers. What is wonderful is the sheer diversity of neighborhoods, allowing you to find the type that fits your lifestyle and aspirations.

In the Richmond South neighborhood, 43.8% of the working population is employed in manufacturing and laborer occupations. The second most important occupational group in this neighborhood is executive, management, and professional occupations, with 26.0% of the residents employed. Other residents here are employed in sales and service jobs, from major sales accounts, to working in fast food restaurants (20.0%), and 10.2% in clerical, assistant, and tech support occupations.

Languages

The most common language spoken in the Richmond South neighborhood is English, spoken by 97.4% of households. Some people also speak Spanish (2.3%).

Ethnicity / Ancestry

Culture is shared learned behavior. We learn it from our parents, their parents, our houses of worship, and much of our culture – our learned behavior – comes from our ancestors. That is why ancestry and ethnicity can be so interesting and important to understand: places with concentrations of people of one or more ancestries often express those shared learned behaviors and this gives each neighborhood its own culture. Even different neighborhoods in the same city can have drastically different cultures.

In the Richmond South neighborhood in Richmond, MO, residents most commonly identify their ethnicity or ancestry as German (14.2%). There are also a number of people of Irish ancestry (9.8%), and residents who report English roots (8.2%), and some of the residents are also of Mexican ancestry (4.3%), along with some French ancestry residents (2.9%), among others.

Getting to Work

Even if your neighborhood is walkable, you may still have to drive to your place of work. Some neighborhoods are located where many can get to work in just a few minutes, while others are located such that most residents have a long and arduous commute. The greatest number of commuters in Richmond South neighborhood spend under 15 minutes commuting one-way to work (41.2% of working residents), one of the shortest commutes across America.

Here most residents (83.4%) drive alone in a private automobile to get to work. In addition, quite a number also ride the bus to get to work (7.5%) . In a neighborhood like this, as in most of the nation, many residents find owning a car useful for getting to work.


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