Jobs & Economy in Richmond

Richmond's economy has genuinely transitioned from its historic wagon-manufacturing and Starr Piano-era industrial base toward a current mix anchored by regional healthcare.

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Reid Health's real regional anchor role

Reid Health, a nonprofit, accredited regional health system with its main campus in Richmond, has served the region for roughly a century and anchors real, substantial local employment across an eight-county area.

A real, disclosed historic transition

Richmond's economy has genuinely shifted from its historic wagon- and carriage-manufacturing base (Gaar, Scott & Co.) and Starr Piano/Gennett Records-era industry toward a current mix of advanced manufacturing (automotive and aerospace components), healthcare, logistics, and agriculture.

A genuinely dense higher-education base

Earlham College, Indiana University East, Purdue Polytechnic Richmond, and Ivy Tech Community College give Richmond a genuinely dense concentration of higher education for a city this size.

Key takeaways

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Last reviewed: 2026-08-25. Independent research; not financial, tax, or legal advice -- confirm current figures with a local professional before making a decision.