Electricity rates in Richfield, Minnesota
Richfield, MN ranks 1 of 31 Minnesota cities with 30,000+ residents for damaging-wind and tornado reports within 15 miles (232 since 2015). Richfield, Minnesota has 36,725 residents in 16,221 households; 20.4% heat with electricity.
Richfield on the map
Hennepin County, with Richfield marked
Outage risk around Richfield
Richfield, MN, NWS reports within 15 miles of the centre, 2015 to 2025: 221 wind and 11 tornado, 631.7 per 100,000 residents of 36,725. Top gust near Richfield, MN: 67 knots, 77 mph. Damage near Richfield, MN: $4.9M.
Reports within 15 miles of Richfield, MN
wind and tornado reports, Richfield, MN
- 11'15
- 26'16
- 18'17
- 18'18
- 13'19
- 11'20
- 25'21
- 37'22
- 9'23
- 46'24
- 18'25
| Richfield, MN | Wind | Tornado | Total |
|---|---|---|---|
| Richfield, MN, 2015 | 11 | 0 | 11 |
| Richfield, MN, 2016 | 26 | 0 | 26 |
| Richfield, MN, 2017 | 17 | 1 | 18 |
| Richfield, MN, 2018 | 18 | 0 | 18 |
| Richfield, MN, 2019 | 13 | 0 | 13 |
| Richfield, MN, 2020 | 9 | 2 | 11 |
| Richfield, MN, 2021 | 22 | 3 | 25 |
| Richfield, MN, 2022 | 32 | 5 | 37 |
| Richfield, MN, 2023 | 9 | 0 | 9 |
| Richfield, MN, 2024 | 46 | 0 | 46 |
| Richfield, MN, 2025 | 18 | 0 | 18 |
Who supplies Richfield
Hennepin County lists 6 utilities for Richfield, MN (36,725 residents): homes pay 13.66 to 16.98 cents per kWh, about $97 to $121 a month at 712 kWh, 1.4% to 1.7% of the $84,055 Richfield median income. Hennepin County page.
Facts about Richfield
- Residents of Richfield, MN, ACS 2023
- 36,72526 of 31 Minnesota cities with 30,000+
- Median household income in Richfield, MN
- $84,05523 of 31 of those cities
- Households in Richfield, MN
- 16,2212.26 people each
- Owner-occupied homes in Richfield, MN
- 62.4%10,129 owners and 6,092 renter households
- Housing units in Richfield, MN
- 16,759538 vacant or seasonal
- Homes heated by electricity in Richfield, MN
- 20.4%3,316 of 16,221 homes
- Land area of Richfield, MN
- 6.8 sq mi5,418.3 people per sq mi
- Bill as share of income in Richfield, MN
- 1.4% to 1.7%at 712 kWh a month over the $84,055 median household income
- Wind and tornado reports within 15 miles of Richfield, MN
- 232NWS point reports 2015 to 2025, 631.7 per 100,000 residents
- Median year homes were built in Richfield, MN
- 195912,896 of 16,759 homes (76.9%) before 1980
- Median home value and rent in Richfield, MN
- $320,400$1,334 gross rent a month, 5.00% of value a year
Who lives in Richfield: income, cars, homes
In Richfield, MN, 1,679 households own no vehicle and 8,691 own two or more; home EV charging depends on that. Richfield, MN homes: 8,276 have 3+ bedrooms, 4,307 none or one, median 5.4 rooms. In Richfield, MN, 2,568 of 6,008 renter households pay 30% or more of income in rent; 4,759 households moved in since 2018 and 3,790 before 2000, so electric accounts turn over at a moderate pace. In Richfield, MN, 2,600 of 16,221 households earn under $35,000, 4,555 $35,000-$75,000, 5,753 $75,000-$150,000 and 3,313 $150,000 or more. Of 20,207 workers in Richfield, MN, 3,181 work from home, 13,761 drive alone, 868 ride transit and 523 walk. 2,658 residents of Richfield, MN live below the poverty line, and the median age is 38.9.
Household income in Richfield, MN
| Richfield, MN | Value | Rank in Minnesota |
|---|---|---|
| Richfield, MN, households under $35,000 | 16.0% | 10 of 31 |
| Richfield, MN, households $150,000 or more | 20.4% | 23 of 31 |
| Richfield, MN, residents below poverty | 7.3% | 15 of 31 |
| Richfield, MN, median age | 38.9 | 13 of 31 |
| Richfield, MN, homes with 3+ bedrooms | 49.4% | 28 of 31 |
| Richfield, MN, households without a vehicle | 10.4% | 3 of 31 |
| Richfield, MN, households with 2+ vehicles | 53.6% | 28 of 31 |
| Richfield, MN, workers at home | 15.7% | 21 of 31 |
| Richfield, MN, cost-burdened renters | 42.7% | 24 of 31 |
| Richfield, MN, moved in since 2018 | 29.3% | 24 of 31 |
| Richfield, MN, moved in before 2000 | 23.4% | 9 of 31 |
Housing and heating in Richfield
Richfield, MN: 12,896 of 16,759 homes were built before 1980 and 1,807 in 2000 or later. Richfield, MN has 9,916 detached houses, 6,007 homes in 5+ unit buildings and 37 mobile homes.
Age of homes in Richfield, MN
% of homes by decade built, Richfield, MN
- 5pre-40
- 1740s
- 3250s
- 1560s
- 970s
- 780s
- 590s
- 600s
- 410s
- 120+
Heating fuel in Richfield, MN
| Richfield, MN | Value | County | Gap | Rank |
|---|---|---|---|---|
| Richfield, MN, median year built | 1959 | 1973 | -14 years | 28 of 31 |
| Richfield, MN, built before 1980 | 76.9% | 60.3% | +16.7 points | 4 of 31 |
| Richfield, MN, built 2000 or later | 10.8% | 17.6% | -6.8 points | 27 of 31 |
| Richfield, MN, detached houses | 59.2% | 52.2% | +6.9 points | 11 of 31 |
| Richfield, MN, apartments in 5+ unit buildings | 35.8% | 33.2% | +2.6 points | 6 of 31 |
| Richfield, MN, mobile homes | 0.2% | 0.4% | -0.1 points | 25 of 31 |
| Richfield, MN, renter households | 37.6% | 37.0% | +0.5 points | 9 of 31 |
| Richfield, MN, median home value | $320,400 | $376,500 | -$56,100 | 21 of 31 |
| Richfield, MN, median gross rent a month | $1,334 | $1,439 | -$105 | 22 of 31 |
| Richfield, MN, people per household | 2.24 | 2.32 | -0.08 | 27 of 31 |
Cost of living with electricity in Richfield
Richfield, MN: 16,221 households at $902 a year per home for electricity (Hennepin County average, DOE LEAD) come to about $14.6 million, an estimate; all home energy is $1,766 a year per household.
| Group in Richfield, MN | Households | Power per home | Power bill of the group | Share of Richfield, MN median income |
|---|---|---|---|---|
| Richfield, MN, all households | 16,221 | $902 | $14.6 million | 1.07% |
| Richfield, MN, homeowners | 10,129 | $1,122 | $11.4 million | 1.33% |
| Richfield, MN, renters | 6,092 | $528 | $3.2 million | 0.63% |
Analyst note on Richfield
Household income in Richfield, MN is $84,055; 10,129 of its 16,221 households own. Richfield, MN counts 36,725 residents in 16,221 households, on 6.8 square miles. 3,316 of the 16,221 occupied homes in Richfield, MN heat with electricity.
Richfield, MN has 16,759 housing units, 538 of them vacant or seasonal. Richfield, MN ranks 3 of 31 Minnesota cities for households without a vehicle (10.4%). Richfield, MN ranks 4 of 31 Minnesota cities for the oldest homes (median year built 1959).
Richfield, MN ranks 6 of 31 Minnesota cities for homes in buildings of 5+ units (36%).
Bill and heat pump calculator, Richfield
Compare Richfield with nearby cities
| City near Richfield, MN | Distance from Richfield | Residents | Median income | Median year built | Median home value | Storm reports within 15 miles | Work from home |
|---|---|---|---|---|---|---|---|
| Richfield, MN (this page) | 0 mi | 36,725 | $84,055 | 1959 | $320,400 | 232 | 15.7% |
| Bloomington, MN | 3.5 mi southwest | 88,838 (+52,113) | $90,677 (+$6,622) | 1971 (+12 yr) | $346,200 (+$25,800) | 226 (-6) | 19.6% (+3.8 pts) |
| Edina, MN | 4.0 mi west | 53,125 (+16,400) | $129,225 (+$45,170) | 1971 (+12 yr) | $624,000 (+$303,600) | 230 (-2) | 25.4% (+9.7 pts) |
| Minneapolis, MN | 6.2 mi north | 426,845 (+390,120) | $80,269 (-$3,786) | 1950 (-9 yr) | $345,600 (+$25,200) | 223 (-9) | 23.3% (+7.6 pts) |
| St. Louis Park, MN | 6.5 mi northwest | 49,541 (+12,816) | $100,250 (+$16,195) | 1965 (+6 yr) | $371,600 (+$51,200) | 224 (-8) | 25.2% (+9.5 pts) |
| Eagan, MN | 7.1 mi southeast | 68,158 (+31,433) | $107,486 (+$23,431) | 1987 (+28 yr) | $380,800 (+$60,400) | 186 (-46) | 20.5% (+4.8 pts) |
ZIP codes in Richfield
| ZIP area touching Richfield, MN | Share of the ZIP's land inside Richfield | Share of Richfield's land in the ZIP |
|---|---|---|
| 55423 (Richfield, MN) | 95.9% | 100.0% |
Census 2020 ZCTA to place land-area overlap. Look up any ZIP.
Minnesota: home prices since 2001, planned plants.
Questions on Richfield
Richfield: what is the electricity rate?
Richfield, MN has no price of its own; its 36,725 residents are served by one of 6 utilities, and a 712 kWh month costs $97 to $121.
Richfield: how does it rank among Minnesota cities?
Richfield, MN: rank 26 of 31 by its 36,725 residents, rank 23 of 31 by $84,055 median income.
Richfield: how many homes heat with electricity?
Richfield, MN: 3,316 of 16,221 occupied homes, 20.4%; Hennepin County 19.8%.
Richfield: how much income goes to electricity?
At 712 kWh a month, 1.4% to 1.7% of the $84,055 median income in Richfield, MN.
Richfield: damaging storms reported nearby?
232 NWS wind and tornado reports within 15 miles of the centre of Richfield, MN, 2015 to 2025, 631.7 per 100,000 residents.
How old are the homes in Richfield?
Richfield, MN: median home built 1959; 12,896 of 16,759 homes (76.9%) predate 1980, 9,916 are detached and 6,007 sit in buildings of 5+ units.
How many Richfield, MN households have no car?
1,679 households; 8,691 have two or more.
How big are the homes in Richfield, MN?
8,276 of 16,759 homes have 3+ bedrooms; median 5.4 rooms.
How many Richfield, MN renters struggle with rent?
2,568 of 6,008 renter households pay 30% or more of income in rent.