Richmond
The Richmond, Indiana, Micropolitan Statistical Area consists of Wayne County in east-central Indiana.* The city of Richmond, located on the Ohio border 40 miles east of Dayton, is the county seat and most populous city in Wayne County.
* Micropolitan areas are defined by the U.S. Office of Management and Budget. They have smaller urban clusters relative to metropolitan areas.Quick Stats
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The Richmond Futurecast Event
Vivian Auditorium – Whitewater Hall
2325 Chester Boulevard,
Richmond, IN 47374
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Join us to discuss how the changing economic environment will affect the local region, Indiana and the nation in the coming year.
This event is co-hosted by the IU Alumni Association East Region, the IU East School of Business and Economics, the IU East Business & Economic Research Center, the IBRC and the Kelley School of Business.
What did we say last year about the Richmond region?
Published December 2025
As of the first quarter of 2025, manufacturing remains the Richmond region’s leading employment sector, providing 13,582 jobs. The region's average monthly labor force for January to August increased by 0.63% from the previous year, totaling 100,328 people in 2025. Over the same eight-month period in 2025, the region's overall average monthly unemployment rate was 3.89%, a decline of 0.35 percentage points from the previous year.
The region’s average monthly unemployment rate for 2026 is forecasted to stabilize at an exceptionally low level in the mid-to-upper range of 3%, with variations across industries and counties, depending on the impacts of the U.S. government shutdown, tariffs and artificial intelligence on businesses’ operations. Read the full Richmond article »
Each year in December, the Indiana Business Research Center publishes a special Outlook edition of the Indiana Business Review.
Published continuously since 1926, the Indiana Business Review is a quarterly publication that provides analysis and insight on economic and demographic issues.