Richland County, Ohio: commercial real estate data.
Richland County, Ohio has a population of 125,099 across 495 square miles, down 0.1 percent since the 2020 census base. County output reached $6.00 bn in 2024, 2,616 establishments operate here, and the SBA record carries 144 7(a) approvals worth $54.9 m.
129 sourced county values · tier FULL · 12 sections
Richland County
How many people live in Richland County
- Population125,099
- Households50,111
- Average household size2.50
- Median household income$59,509
- Median age40.9
- Median gross rent$824 per month
- Median owner-occupied home value$164,800
- Home value to household income2.8 times
- Annual rent as a share of median income16.6 percent
- Adults 25 and over with a bachelor degree or higher17.9 percent
- Adults 25 and over with a graduate degree6.4 percent
- Adults 25 and over87,570
- Population under 1827,226
- Share under 1821.8 percent
- Population 65 and over25,199
- Share 65 and over20.1 percent
- Working age population, 18 to 6472,674
- Civilian labor force56,957
- Unemployment rate5.4 percent
- Labor force participation, adults 18 and over58.2 percent
- Rank by population among Ohio counties23rd of 88
- Rank by population among US county-equivalents522nd
Richland County is the 23rd largest of 88 Ohio counties by population. A median home costs 2.8 times median household income, which is an affordable ownership market by national standards. Residents under 18 outnumber those 65 and over, at 21.8 percent against 20.1 percent, a household formation profile rather than a retirement one.
US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.
Richland County
Is Richland County growing
- Population change since the 2020 census base-0.07 percent
- Census 2020 base population124,944
- Births, 20241,298
- Deaths, 20241,600
- Natural change, 2024-302
- Net domestic migration, 20249
- Net international migration, 2024147
- Total net migration, 2024156
- Cumulative net domestic migration, 2021 to 20241,142
- Rank by growth among US county-equivalents1865th
The county has lost 0.07 percent of its population since the 2020 census base. Deaths exceeded births in 2024, so all of the growth came from people moving in. A market held up by migration alone is more sensitive to a change in relative cost than one growing from household formation.
US Census Bureau, Population Estimates Program, Vintage 2024, Vintage 2024, estimates 2020 to 2024.
Richland County
Where people moving to Richland County come from
- Tax returns filed by households arriving2,531
- People arriving, from those returns4,346
- Adjusted gross income arriving$118.6 m
- Net adjusted gross income movement$0
- Average income of an arriving household$46,866
- Largest single originRichland County Non-migrants (47,995 households)
- Largest single destination (47,995 households)
| Origin | Households | People | Adjusted gross income |
|---|---|---|---|
| Richland County Non-migrants | 47,995 | 92,663 | $3.01 bn |
| Other flows - Different State | 638 | 1,155 | $34.4 m |
| Other flows - South | 320 | 598 | $18.2 m |
| Other flows - Same State | 309 | 450 | $12.1 m |
| Crawford County | 282 | 498 | $10.9 m |
| Ashland County | 247 | 447 | $10.5 m |
| Franklin County | 246 | 401 | $11.7 m |
| Huron County | 135 | 233 | $6.3 m |
The largest single source of arrivals is Richland County Non-migrants, which is the catchment a retail or multifamily study should look at first.
US Internal Revenue Service, Statistics of Income county migration flows, 2021 to 2022 filing years.
Richland County
What the Richland County economy runs on
- County GDP, 2024$6.00 bn
- County GDP, 2023$5.83 bn
- GDP change, 2023 to 20243.0 percent
- GDP change over five years28.6 percent
- Rank by GDP among Ohio counties29th
- Rank by GDP among US county-equivalents651st
- GDP per resident$47,998
Output grew 3.0 percent in the latest year and 28.6 percent over five, which is the trend line a lender will read behind any single year figure.
US Bureau of Economic Analysis, Regional, table CAGDP2, CAGDP2, through 2024.
Richland County
Who employs people in Richland County
- Covered employment, annual average48,954
- Establishments reporting2,896
- Average annual pay$50,804
- Average weekly wage$977
- Sector 31-33, employment9,428
- Sector 31-33, average annual pay$63,491
- Sector 62, employment7,944
- Sector 62, average annual pay$56,976
- Sector 44-45, employment6,068
- Sector 44-45, average annual pay$31,653
- Sector 72, employment4,809
- Sector 72, average annual pay$19,826
- Sector 56, employment2,533
- Sector 23, employment2,171
| Sector | Employment | Establishments | Average annual pay |
|---|---|---|---|
| Sector 31-33 | 9,428 | 186 | $63,491 |
| Sector 62 | 7,944 | 351 | $56,976 |
| Sector 44-45 | 6,068 | 400 | $31,653 |
| Sector 72 | 4,809 | 248 | $19,826 |
| Sector 56 | 2,533 | 162 | $37,779 |
| Sector 23 | 2,171 | 283 | $67,700 |
| Sector 42 | 1,626 | 139 | $65,785 |
| Sector 48-49 | 1,544 | 94 | $69,920 |
The largest sector is the biggest private employer group at 9,428 jobs, 19.3 percent of covered employment. Average pay per job sits below median household income, so households here typically need more than one earner.
US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages.
Richland County
What businesses operate in Richland County
- Establishments, all industries2,616
- Employment at those establishments39,131
- Annual payroll$1.79 bn
- Establishments per 1,000 residents20.9
These are counts of establishments physically operating in the county, not listings, so they are the supply side a feasibility study measures demand against.
US Census Bureau, County Business Patterns, 2023.
Richland County
What is being built in Richland County
- Housing units authorised by permit, 2024143
- Declared construction value permitted$46.7 m
- Single family units authorised122
- Multifamily units authorised21
- Multifamily share of units14.7 percent
- Average declared value per unit$326,293
- Units authorised per 1,000 households2.9
Multifamily is 14.7 percent of units authorised, so the pipeline is predominantly for sale product.
US Census Bureau, Building Permits Survey, 2024 annual.
Richland County
How much SBA lending happens in Richland County
- 7(a) approvals recorded144
- 7(a) gross approval dollars$54.9 m
- Average 7(a) approval$381,499
- Median 7(a) approval$100,000
- 10th percentile approval$24,900
- 90th percentile approval$867,600
- Largest single approval$5,000,000
- Jobs reported supported, 7(a)1,010
- Jobs per approval7.0
- Distinct 7(a) lenders active26
- Distinct industries receiving approvals67
- Median 7(a) term120 months
- Share of loans on real estate terms, 240 months or longer16.0 percent
- Loans on real estate terms23
- Loans on working capital terms, 120 months or shorter118
- Franchise loans14
- Franchise share of approvals9.7 percent
- Leading industry by approval countAll Other Specialty Trade Contractors (11)
- Most active lenderThe Huntington National Bank (72)
- 504 approvals recorded20
- 504 gross approval dollars$8.8 m
- Average 504 approval$441,750
- Median 504 approval$430,000
- Distinct CDCs active4
- 504 jobs per approval6.5
- 504 jobs per million dollars approved14.7
- Most active CDCOhio Statewide Development Corporation (12)
- 7(a) share of SBA approvals87.8 percent
- Combined SBA approval dollars$63.8 m
The average approval of $381,499 sits well above the median of $100,000, so a small number of large deals is pulling the mean up. The median is the better guide to what a typical borrower here actually gets. Only 16.0 percent of approvals run on real estate terms, so SBA credit here is mostly working capital and equipment rather than property acquisition.
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30. US Small Business Administration, 504 FOIA release, FY2010 to FY2026 year to date, as of 2026-06-30.
Richland County
Do SBA loans in Richland County get paid back
- Loans with a final outcome recorded41
- Paid in full40
- Charged off1
- Charge off rate on resolved loans2.4 percent
- Status: Paid in full40
- Status: Exempt from disclosure85
- Status: Cancelled9
- Status: Charged off1
- Status: Committed, not yet disbursed9
Of the 41 loans that have reached a final outcome, 2.4 percent were charged off. This is computed only over resolved loans, because a loan still running has not yet succeeded or failed and counting it either way would be wrong.
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30.
Richland County
Which parts of Richland County get the lending
- Places in the county with recorded lending11
- Mansfield, approvals103
- Ontario, approvals11
- Bellville, approvals9
- Shelby, approvals8
- Lexington, approvals4
- Butler, approvals3
| Place | Approvals | Gross approval dollars |
|---|---|---|
| Mansfield | 103 | $40,094,400 |
| Ontario | 11 | $2,084,800 |
| Bellville | 9 | $5,981,400 |
| Shelby | 8 | $5,151,300 |
| Lexington | 4 | $238,800 |
| Butler | 3 | $717,000 |
| Galion | 2 | $189,300 |
| Plymouth | 1 | $39,500 |
Mansfield accounts for 103 approvals against 11 in Ontario. County level figures average over that gap, which is why a site decision is made at the submarket rather than the county.
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30.
Richland County
How big is Richland County
- Land area495 sq mi
- Rank by land area among Ohio counties26th of 88
- Width, east to west20.4 mi
- Height, north to south30.8 mi
- Geographies sharing a boundary5
- Residents per square mile of land253
- Establishments per square mile5.28
US Census Bureau county boundary geometry, TIGER, adjacency computed from shared boundary vertices, TIGER county boundaries. US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year. US Census Bureau, County Business Patterns, 2023.
Richland County
What hazards affect Richland County
- EPA radon zone predicted average indoor radon screening level greater than 4 pCi/LZone 1
- Communities in the NFIP Community Status Book10
- Of those, participating in the NFIP10
- NFIP participation rate100.0 percent
- Best Community Rating System class in the county A lower CRS class is a larger flood insurance premium discount.Class 7
- Communities carrying a CRS class1
The EPA places the county in radon zone 1, a predicted average indoor radon screening level greater than 4 pCi/L. The best Community Rating System class in the county is 7, which carries a flood insurance premium discount for properties in the participating community.
US EPA, Map of Radon Zones, county spreadsheet, 2024-05 publication, EPA 402/A-16/001. FEMA OpenFEMA, NFIP Community Status Book, Community Status Book, as retrieved.
Coverage
What this page does not hold.
Every item below could be filled with a plausible figure. None of them is. On a page a lender may read, a number that cannot be traced is worse than an absence, so the absences are named.
- Flood zone record counts are not held. The flood coverage export has not landed, so no count is shown rather than an estimated one.
- Traffic counts resolve in the platform, not in this dataset, so no AADT figure is printed here.
- Zoning is in build. Parcel level zoning is not published on this page.
Feasibility studies
When a Richland County site needs a document a lender will accept.
The same data layer behind this page is the one the studies are written from. A study for a Richland County site starts with the figures you are reading, carrying the same source and period into the credit file.
- Population125,099
- Households50,111
- Average household size2.50
- Median household income$59,509
- Median age40.9
Common questions
Richland County questions, answered from the record.
How many people live in Richland County, Ohio?
125,099, in 50,111 households, ranking 23rd of 88 Ohio counties. Source: US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.
Is Richland County growing?
The population has fallen 0.07 percent since the 2020 census base. In 2024 there were 1,298 births against 1,600 deaths, with net migration of 156. Source: US Census Bureau, Population Estimates Program, Vintage 2024, Vintage 2024, estimates 2020 to 2024.
What is the median household income in Richland County?
$59,509. The median owner-occupied home is valued at $164,800, which is 2.8 times income, and median gross rent is $824 per month. Source: US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.
How many businesses are there in Richland County?
2,616 establishments, employing 39,131 people with an annual payroll of $1.79 bn. These are establishments physically operating in the county, not listings. Source: US Census Bureau, County Business Patterns, 2023.
What is the average wage in Richland County?
Average annual pay is $50,804, or $977 a week, across 48,954 covered jobs. Source: US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages.
How much SBA lending happens in Richland County?
144 7(a) approvals totalling $54.9 m since FY2020, across 26 lenders, with a median approval of $100,000, plus 20 504 approvals worth $8.8 m. These are approvals recorded in the release, not loans disbursed.
Do SBA loans in Richland County get paid back?
Of the 41 loans that have reached a final outcome, 40 were paid in full and 1 charged off, a charge off rate of 2.4 percent. Loans still running are excluded, because they have not yet succeeded or failed.
What is being built in Richland County?
143 housing units were authorised by permit in 2024, with a declared construction value of $46.7 m. Multifamily was 14.7 percent of units. Source: US Census Bureau, Building Permits Survey, 2024 annual.
What is the radon zone for Richland County?
Zone 1, a predicted average indoor radon screening level greater than 4 pCi/L. Source: US EPA, Map of Radon Zones, county spreadsheet, 2024-05 publication, EPA 402/A-16/001.
Where do people moving to Richland County come from?
The largest single origin is Richland County Non-migrants, with 47,995 households. Arriving households report an average income of $46,866 against null for those leaving. Source: US Internal Revenue Service, Statistics of Income county migration flows, 2021 to 2022 filing years.
Are traffic counts available for Richland County on this page?
No. Annual average daily traffic resolves in the platform rather than in this dataset, so no AADT figure is printed here. It is a gap we know about rather than a figure we estimated.
Is zoning published for Richland County?
Not yet. The zoning layer is in build. Nothing on this page presents parcel level zoning, and where a statutory framework applies it is marked as the statewide frame with confirm locally attached.