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Outlook of Richland Washington
The City of Richland Washington offers this mission to its residents: The City of Richland furnishes low cost services and well maintained facilities, policing the public and property, encouraging the community’s favorable quality of life, protecting Richland’s natural resources and environment, sustaining a healthy, growing economy.
Population numbers have experienced a slight but steady increase over the past decade. The median age of the population is 37 years old, just 1 year older than the national average. The median income is $22,000 above the national average at $62,500 per year.
There are over 9000 housing units in Richland Washington, quite sufficient for a population of just over 40,000 residents. The majority of single family units are owner-occupied. This is great if you are looking for a community the residents are invested in.
Average Home Price
The average home price is $156,800, nearly $20,000 less than the national average and $71,000 less than the Washington State average. Vacancies are lower in Richland than in Benton County, Washington State and the US. The average time a home is on the market is 60-90 days, quite common in small towns.
So what do you get when you buy the average home? $155,000 will typically get you 3-5 bedrooms, 2 baths, 1600 – 2200 square feet, air conditioner and heating system, 2 car garage and a yard large enough to play in. On the low-end of the spectrum, a $100,000 property will find you moving into a 3 bedroom, 1 bath home with 900 – 1200 square feet and a spacious yard. If you are looking for a much larger home, $750,000 might buy you a 5500 +- square foot home with 5 or more bedrooms and .5 acres to call your own.
Students in Richland attend one of the eight elementary schools, three middle schools and three high schools. According to the Washington State Report Card, more than 80% of fourth, fifth and tenth graders meet or exceed the reading standard. More than 50% of all student meet or exceed the math standard. Sixty-six percent of all students tested for writing proficiency met or exceeded the standard.
With an off-road vehicle park, community center, a calendar full of community events, a skate park and plenty of trails to keep you busy, the City of Richland offers a great deal of fun for the whole family. Of course, you’ll have to find time to work, too. The City of Richland, Benton County, and Washington State are all very friendly to small business owners. While taxes must be paid at the county and state levels, the rate is in line with other states.
Quality schools, an active community, high annual incomes and reasonable housing costs all contribute to Richland’s reputation as a great place to buy a home and settle down.
Call us, 509.438.9344, Email us, or fill out the contact form below.
We respond right away! -Colleen & Joe Lane, Realtors®
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