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 |