Groundwork

Groceries and convenience · Small-town market · Indiana

Convenience stores in the Richmond, IN area

How the Richmond, IN area compares with other small-town markets and the U.S. for convenience stores: competitors, household spending, official counts and growth.

Groundwork market score · out of 100

Score 58 out of 100: Upper middle

Ranked #200 of 529 scored small-town markets
#18 of 24 scored small-town markets based in Indiana

Listings
14
8 chain locations (57%)
Official establishments
8
Businesses with payroll, 2023
Household spending a year
$148.3M
On groceries · $5,496 a household
Spending per listing
$10.6M
34% above the U.S.
Listings per 10k households
5.2
35% below the U.S.
Population, 2025
66,169
−0.5% since 2020

See the convenience stores around any address in the Richmond area

The site report maps the convenience stores on map listings near the address, by name and distance, and sizes the households and spending around it. Or open the report at the center of the Richmond area. Signed out, you see a blurred preview; on an account, each report is one action.

Free10 actions over 3 days, no card

Survey estimates 2020–2024 · population estimates 2025 · official business counts 2023 · map listings September 2026 · Data credits · How we measure

What this means

Map listings as of September 2026 show 14 convenience stores in the Richmond area. 8 of them (57%) are chain locations, against 60% across the U.S. Per 10,000 households, that is 5.2, 35% below the U.S. rate of 8.0.

At $5,496 per household (13% below the U.S. average), households in the Richmond area spend about $148.3M a year on groceries. Spread across 14 convenience stores, that is $10.6M per store, 34% above the U.S. figure of $7.9M. That spending covers all groceries, which convenience stores share with other businesses in the trade.

The official count of businesses with payroll classed as convenience stores in the Richmond area was 8 in 2023. That is one for every 3,372 households, against one for every 3,493 across the U.S.

Between 2020 and 2025, the population of the Richmond area declined 0.5%, against +3.1% for the U.S. The Richmond area scores 58 (upper middle) on the Groundwork market score for convenience stores, ranking #200 of 529 scored small-town markets and #18 of 24 scored small-town markets based in Indiana.

How the Richmond area compares

The same measures for Indiana and the whole U.S. Spending per listing divides a year of household spending on all groceries by the convenience stores counted, so it measures the demand for each competitor, not any business’s revenue. Households per establishment does the same with the official count.

Convenience stores in Richmond, IN area compared with Indiana and the U.S.
MeasureRichmond areaIndianaU.S.
Listings per 10k households5.25.98.0
Spending per listing$10.6M$10.1M$7.9M
Households per official establishment3,3728,9933,493
Official establishment growth, 2019–2023n/a+30.2%+22.0%
Population growth, 2020–2025−0.5%+2.7%+3.1%
Spending per household on groceries$5,496$5,959$6,319
Median household income$55,692$71,957$80,734
Groundwork market score5865

Official counts and lending

Businesses

Official establishments, 2019 to 2023
8
Employees, 2023
44
Annual payroll, 2023
$1.1M
One-person businesses, 2023
Not publishedNot published for this business type
Map listings, September 2026
148 chain locations
Listings at the U.S. rate for this spending
19The U.S. ratio of listings to household spending, applied here

SBA-backed loans since fiscal 2022

Loans
0
Amount
$0

SBA-backed loans to businesses classed as convenience stores in the Richmond area, through June 2026, placed by the borrower’s ZIP code. Official establishments are businesses with payroll; the official counts leave out places with fewer than 3.

Population and households in the Richmond area

Population, 2025 estimate
66,169−0.5% since 2020
Households
26,975
Median age
41.4
Homes lived in by their owners
69%
Vehicles per household
1.8
Land area
402 sq. mi.
People per square mile
165
Median household income
$55,692+19.7% vs. 2015–2019, before inflation
Average household income
$79,425
Median home value
$140,200
Jobs located here
29,039
Daytime population
66,064Residents who don’t work, plus everyone whose job is here

Looking at a specific site in the Richmond area?

These figures cover the whole small-town market. A site report draws rings around one address and counts what’s inside them: households, spending, jobs, and the convenience stores on map listings by name and distance.

Or open the report at the center of the Richmond area. Signed out, you see a blurred preview; on an account, each report is one action.

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Convenience stores across Indiana

Every Indiana market ranked →

The highest-scoring small-town markets in Indiana for convenience stores, numbered among those based in Indiana, with the Richmond area marked.

Top small-town markets in Indiana

Small-town markets in Indiana ranked for convenience stores by Groundwork market score
MarketScoreListingsPer 10k householdsSpending per listingPopulation growthU.S. rank
1Auburn, IN84105.8$10.1M+2.9%#5 of 529
2Jasper, IN81105.7$10.7M+0.9%#16 of 529
3Angola, IN8185.7$10.5M+1.0%#17 of 529
4Decatur, IN7975.6$10.2M+2.2%#27 of 529
5Plymouth, IN78105.6$10.4M+1.2%#31 of 529
6Monticello, IN7865.9$9.9M+2.0%#32 of 529
7Warsaw, IN77278.5$7.1M+0.9%#44 of 529
8Seymour, IN75137.2$8.2M+1.9%#52 of 529
9Crawfordsville, IN72138.3$7.1M+2.7%#72 of 529
10Frankfort, IN7186.4$9M+0.4%#79 of 529
18Richmond, IN58145.2$10.6M−0.5%#200 of 529

Other business types in the Richmond area

Each with its Groundwork market score here, out of 100, where it has one.

Questions

How many convenience stores are in the Richmond, IN area?

There are 14 convenience stores on map listings in the Richmond area as of September 2026. 8 of them (57%) are chain locations. The listings count convenience stores without fuel. Official counts show 8 businesses with payroll classed as convenience stores in 2023.

How much do households in the Richmond, IN area spend on groceries?

About $148.3M a year, or $5,496 per household. That is 13% below the U.S. average (an index of 87, where 100 is the U.S. average). Spread across the 14 convenience stores on map listings, it comes to $10.6M per store. The spending figure covers all groceries, not only convenience stores. It is estimated from the incomes of the 26,975 households in the Richmond area and national spending patterns by income.

How does the Richmond, IN area compare with the U.S. for convenience stores?

The Richmond area has 5.2 convenience stores per 10,000 households, 35% below the U.S. rate of 8.0. Spending per store is $10.6M, 34% above the U.S. figure of $7.9M. At the national ratio of convenience stores to household spending, the Richmond area would have about 19, against 14 on map listings. There is one business with payroll in the industry for every 3,372 households, against one for every 3,493 across the U.S.

How fast is the Richmond, IN area growing?

Population estimates put the Richmond area at 66,169 people in 2025, down 0.5% since 2020, against +3.1% for the U.S. It has 26,975 households. Median household income in the Richmond area is $55,692, 31% below the U.S. median of $80,734. Against the 2015–2019 survey, the median rose 19.7%, before inflation.

What is the Groundwork market score?

The Groundwork market score runs from 0 to 100 and compares a market with others of its kind for one business type: states with states, metro areas with metro areas, small-town markets and counties with their own. A small-town market is a town of 10,000 to 50,000 people and the county or counties tied to it by commuting. It weighs household spending per competitor (35%), households per business with payroll (25%), population growth (20%) and spending power (20%), each ranked against those peers. A higher score means that, taken together, the market has more household spending and more households for each business already there, faster population growth and more spending per household than similar markets. It describes a market, not any one site or deal. The Richmond area scores 58 for convenience stores (upper middle), #200 of 529 scored small-town markets.

How can I see the market around a specific site?

Run a Groundwork site report on an address in the Richmond area. It maps the convenience stores on map listings near the site and sizes the households and spending within the distance you choose. New accounts get 10 actions over 3 days, no card.

How the score works · Top markets for convenience stores · All 56 business types in the Richmond area

Screening a site or an acquisition in the Richmond area?

A site report maps the competitors on map listings near an address and sizes the households and spending around it.

The button opens the report at the center of the Richmond area. Signed out, you see a blurred preview; on an account, each report is one action.

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

Figures are estimates for research only. Not investment or real estate advice.