Richmond vs Indianapolis city (balance): Housing
| Richmond | Indianapolis city (balance) | |
|---|---|---|
| Median Home Value | $114,400 | $224,800 |
| Median Gross Rent | $822/mo | $1,156/mo |
| Homeownership Rate | 57.2% | 56.0% |
| Rent as Share of Income | 21.7% | 20.9% |
Source: U.S. Census Bureau, American Community Survey, ACS 2020-2024.