Richmond, Illinois.
Typical home $388,334 (+8.6% in a year), asking rent $1,300 . Chicago-Naperville-Elgin, IL-IN-WI metro.
to buy the typical home at today's mortgage rate — +$1,205 (+145%) since Jan 2020.
- 1 year
- Up $30,815 +9%
- $357,519$388,334 since Sep 2025
- 5 years
- Up $110,435 +40%
- $277,898$388,334 since Sep 2021
Monthly payment to buy the typical home
Home value × that month's 30-year mortgage rate, 20% down, principal and interest. This is the line households feel: prices and rates compound each other.
- Richmond$2,038
- Illinois$1,553
- United States$1,922
At the last five years' pace, a typical home here doubles in price every 10 years.
Typical home values in Richmond, IL rose 8.6% over the past year — faster than the nation's +1.2%.
Living in Richmond, McHenry County, Illinois
Richmond is a village of 2,089 people in McHenry County. Half its households earn more than $73,029 a year and half less, against $104,802 across McHenry County; 5% of its people live below the poverty line. 51% of its homes are lived in by their owners and 49% are rented. Unemployment in McHenry County was 4.7% in August 2026, and the county had 1.2% more jobs in 2025 than the year before. The most residents work in schools and health care, then manufacturing.
Written by AI Claude Sonnet 5.5 wrote this on 23 October 2026 from the figures here, a list of nearby places and what it knows. It can be wrong or out of date.
What it’s like
The place. Richmond is a small village in McHenry County, with a population that skews younger than many towns its size. Household incomes run well below the county's, and fewer homes are lived in by their owners than you might expect for a village this size. Winters are cold, with January the coldest month, and summers are warm, with a good amount of rain and melted snow across the year.
Work. Residents work mostly in schools, hospitals and social care, with manufacturing, shops and the building trades close behind. Some of the biggest workplaces in the village itself are Atlantic Track and Turnout, a railroad equipment wholesaler, Jan-Air, which makes dies and cutting tools, and EMS Industrial and Service, a machine shop. The typical commute is fairly long, and a modest number of people work from home.
Things to do. Several protected natural areas lie a short drive away, including Chain O' Lakes State Park and Big Foot Beach State Park, both good for time near the water. Wilmot Mountain, a ski area, is also a short drive off. For a longer outing, Geneva Lake is a longer drive away, as is Six Flags Great America, an amusement park.
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- 1,236households
- 27%of adults have a degree
- 5%below the poverty line
- 31 mintypical commute
- 11%work from home
What residents work in
Employed residents by industry, from the Census survey. McHenry County had 98,058 jobs in 2025, 1.2% more than the year before (Bureau of Labor Statistics).
Weather through the year
Coldest in January, with highs near 29° and lows near 13°; warmest in July, with highs near 82° and lows near 59°. About 37 inches of rain and melted snow a year.
Average daily high and low, 1991–2020, at the Pell Lake weather station, 5 miles away (NOAA).
Largest workplaces in Richmond
- Atlantic Track and TurnoutRailroad equipment and supplies merchant wholesalers51
- Jan-AirDies, cutting, manufacturing30
- EMS Industrial and ServiceMachine shops20
Staff on average in 2025, as each workplace reported it to OSHA with its injury records: 3 workplaces with 20 or more staff, 101 people in all. Not listed: many offices and banks, which need not report to OSHA; military bases, whose staff OPM withholds; and, in about half the states, city and county governments.
Natural hazards
- Cold wavesRelatively high
- TornadoesRelatively high
- Inland floodingRelatively moderate
- Strong windRelatively moderate
- Winter weatherRelatively moderate
- LightningRelatively moderate
FEMA’s National Risk Index (December 2025) rates the risk each natural hazard poses to the people, buildings and farms in Richmond’s census tracts, against the rest of the country; all of them together, relatively moderate. It is meant for planning, not a substitute for a local risk assessment or a flood map: FEMA’s index.
From the U.S. Census Bureau’s 2020 census and its American Community Survey (2020–2024 five-year estimates), and the Bureau of Labor Statistics. A survey, so each figure has a margin of error, and figures it is not sure of are left out. More on McHenry County and the Chicago-Naperville-Elgin, IL-IN-WI metro.
Richmond home values
Zillow measures a city over its municipal boundary. Against the state and national figures, mid-tier homes, smoothed and seasonally adjusted.
- Richmond$388,334
- Illinois$295,943
- United States$366,157
When this market ran hot
Each cell is that month's year-on-year home-value growth. Read left to right, top row is the latest year — the 2021–22 band is the boom.
Market heat, inside the city limits
Homes for sale
Active for-sale inventory. More supply hands power to buyers.
- Richmond16
New listings per month
Sellers arriving at the market.
- Richmond7
Zip codes with a Richmond address
A different geography, not a breakdown. The figure above covers the municipality; these zips cover everywhere the Post Office calls Richmond — often including townships beyond the city limits. Both come straight from Zillow, and they are not expected to average out.