Richfield

Nestled in Summit County, Richfield is a small Ohio community with a population of 3,711 and 1,673 housing units. The area has an exceptionally high owner-occupancy rate of 90.9 percent, pointing to a predominantly owner-occupied housing stock with relatively few rentals. For those who do rent, the median gross rent sits at $1,019 per month. The median household income is $78,426. Commuting is the norm here, with just 0.7 percent of workers doing their jobs from home, meaning the vast majority of residents travel to work elsewhere. The community sits in the broader Summit County region, which encompasses Akron and its surrounding suburbs, placing Richfield within reasonable reach of the employment and commercial centers of northeastern Ohio. The combination of high homeownership and low remote-work rates suggests a community where most households are rooted in place and connected to jobs in the wider metropolitan area.

Market description generated from current MLS and U.S. Census data.