Who Should / Shouldn’t Move to Richmond

Richmond is a strong fit for affordability- and safety-focused buyers and retirees, especially those with a specific tie to Reid Health or Richmond's colleges. It's a weaker fit for buyers prioritizing strong population and job growth.

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Best fit: affordability- and safety-focused buyers

Richmond's clearest case is for buyers drawn to its genuinely low crime rate, low cost of living, and real regional healthcare access via Reid Health.

Good fit: retirees and those tied to Richmond's colleges

Retirees drawn to Richmond's genuinely low costs and crime rate, and those with a specific tie to Earlham College, IU East, or Reid Health, have a genuine, practical case for the city.

Weaker fit: buyers prioritizing growth

Buyers whose top priority is strong population growth or a large, expanding job market should weigh Richmond's real, disclosed gradual decline honestly against other Indiana Tier A markets.

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.