Groundwork

Food and drink · Small-town market · Indiana

Pizza places in the Richmond, IN area

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

Groundwork market score · out of 100

Score 31 out of 100: Lower middle

Ranked #452 of 520 scored small-town markets
#22 of 25 scored small-town markets based in Indiana

Listings
30
23 chain locations (77%)
Official establishments
51
All limited-service restaurants · +13.3% since 2019
Household spending a year
$89.2M
On food away from home · $3,307 a household
Spending per listing
$3M
41% below the U.S.
Listings per 10k households
11.1
39% above the U.S.
Population, 2025
66,169
−0.5% since 2020

See the pizza places around any address in the Richmond area

The site report maps the pizza places 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.

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

What this means

The Richmond area scores 31 (lower middle) on the Groundwork market score for pizza places, ranking #452 of 520 scored small-town markets and #22 of 25 scored small-town markets based in Indiana. That puts it in the bottom quarter of small-town markets.

Households in the Richmond area spend about $89.2M a year on food away from home, or $3,307 per household, 19% below the U.S. average. Spread across 30 pizza places, that is $3M per pizza place, 41% below the U.S. figure of $5.1M. The spending figure covers all food away from home, not only pizza places.

There are 30 pizza places on map listings in the Richmond area as of September 2026. 23 of them (77%) are chain locations, against 58% across the U.S. Per 10,000 households, that is 11.1, 39% above the U.S. rate of 8.0.

The official count of businesses with payroll classed as limited-service restaurants in the Richmond area was 51 in 2023, up 13.3% from 2019. That is one for every 529 households, against one for every 478 across the U.S. That count covers all limited-service restaurants (fast food and sandwich shops included), not only pizza places. Since fiscal 2022, 1 SBA-backed loan worth $2.2M has gone to businesses classed as limited-service restaurants in the Richmond area. Population estimates put the population change in the Richmond area from 2020 to 2025 at −0.5%, against +3.1% for the U.S.

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 food away from home by the pizza places counted, so it measures the demand for each competitor, not any business’s revenue. Households per establishment does the same with the official count.

Pizza in Richmond, IN area compared with Indiana and the U.S.
MeasureRichmond areaIndianaU.S.
Listings per 10k households11.110.68.0
Spending per listing$3M$3.6M$5.1M
Households per official establishment (all limited-service restaurants)529503478
Official establishment growth, 2019–2023+13.3%+9.1%+6.1%
Population growth, 2020–2025−0.5%+2.7%+3.1%
Spending per household on food away from home$3,307$3,802$4,070
Median household income$55,692$71,957$80,734
Groundwork market score3130

Official counts and lending

Businesses

Official establishments, 2019 to 2023
51All limited-service restaurants · +13.3% over the period
Employees, 2023
1,087
Annual payroll, 2023
$19.5M
One-person businesses, 2023
8All limited-service restaurants with no payroll
Map listings, September 2026
3023 chain locations
Listings at the U.S. rate for this spending
18The U.S. ratio of listings to household spending, applied here

SBA-backed loans since fiscal 2022

Loans
1
Amount
$2.2M

SBA-backed loans to businesses classed as limited-service restaurants 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. These official figures cover all limited-service restaurants, not only pizza places.

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

Top small-town markets in Indiana

Small-town markets in Indiana ranked for pizza places by Groundwork market score
MarketScoreListingsPer 10k householdsSpending per listingPopulation growthU.S. rank
1Bedford, IN66178.9$4M+1.2%#109 of 520
2Warsaw, IN60288.8$4.3M+0.9%#155 of 520
3Kendallville, IN58179.4$3.9M+1.0%#171 of 520
4Angola, IN57139.2$4.1M+1.0%#178 of 520
5Huntington, IN541610.4$3.4M+1.6%#222 of 520
6Decatur, IN521713.7$2.6M+2.2%#238 of 520
7Greencastle, IN512316.3$2.3M+3.2%#248 of 520
8Washington, IN512016.9$2.1M+2.5%#249 of 520
9Monticello, IN502120.5$1.7M+2.0%#260 of 520
10Crawfordsville, IN482918.6$2M+2.7%#283 of 520
22Richmond, IN313011.1$3M−0.5%#452 of 520

Other business types in the Richmond area

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

Questions

How many pizza places are in the Richmond, IN area?

As of September 2026, map listings count 30 pizza places in the Richmond area. 23 of them (77%) are chain locations. The listings count pizza restaurants. Official counts show 51 businesses with payroll classed as limited-service restaurants in 2023, up 13.3% from 2019. The official count takes in all limited-service restaurants, not only pizza places: fast food and sandwich shops are counted too. Another 8 one-person businesses have no payroll, by official counts.

How much do households in the Richmond, IN area spend on food away from home?

About $89.2M a year, or $3,307 per household. That is 19% below the U.S. average (an index of 81, where 100 is the U.S. average). Spread across the 30 pizza places on map listings, it comes to $3M per pizza place. That spending covers all food away from home, which pizza places share with other businesses in the trade. 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 pizza places?

The Richmond area has 11.1 pizza places per 10,000 households, 39% above the U.S. rate of 8.0. Spending per pizza place is $3M, 41% below the U.S. figure of $5.1M. At the U.S. ratio of pizza places to household spending, the Richmond area would have about 18, against 30 on map listings. There is one business with payroll in the industry for every 529 households, against one for every 478 across the U.S. The official count rose 13.3% from 2019 to 2023, against +6.1% for 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 31 for pizza places (lower middle), #452 of 520 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 pizza places 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 pizza places · 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.