Median mortgage payment for 2018: $1,531
Median rent for 2018: $664
Category |
Estimated Annual Spend (in 000's) |
---|---|
Food | $12,109 |
--Home Prepared Food | $6,823 |
--Restaurant/Takeaway Food | $5,286 |
Alcoholic Beverages | $889 |
Housing | $30,692 |
--Rent/Mortgage/Upkeep/Taxes | $17,947 |
--Utilities | $6,186 |
--Operations | $2,330 |
--Supplies | $1,141 |
--Furnishings | $3,099 |
Apparel | $2,847 |
--Men & Boys | $637 |
--Women & Girls | $1,153 |
--Children < 2 | $12 |
--Footwear | $601 |
Transportation | $14,908 |
--New Vehicles | $2,787 |
--Used Vehicles | $3,183 |
--Fuel | $3,219 |
--Insurance | $1,490 |
--Public Transit | $1,249 |
Healthcare | $7,592 |
Entertainment | $4,925 |
--Pets | $1,009 |
--Toys | $240 |
Personal Care Products | $1,177 |
Books & Literature | $168 |
Education | $2,150 |
Tobacco Products | $529 |
Miscellaneous | $1,514 |
Retirement | $2,883 |
Non-health Insurance | $11,148 |
Total Expenditures | $93,530 |
Period | Geography | Population |
---|---|---|
2014 | Richmond city, Michigan | 5,806 |
2015 | Richmond city, Michigan | 5,825 |
2016 | Richmond city, Michigan | 5,844 |
2017 | Richmond city, Michigan | 5,871 |
2018 | Richmond city, Michigan | 5,874 |