New Richmond, IN

New Richmond is a small town located in the northwest corner of Indiana. The population was just over 2,000 in 2010 and has been growing at a rate of about 10% each year since then. The town's economy is based largely on agriculture, with crops such as corn, soybeans, and wheat being the primary products. However, there has been a recent trend towards the development of new businesses and industries within New Richmond.

Real estate is one of the most important sectors of the New Richmond economy. The town has seen an increase in home sales over the past few years, with median prices reaching $130,000 in 2016. This growth can be attributed to several factors:

First and foremost, New Richmond is located in a desirable area with plenty of amenities nearby (such as Indianapolis). Additionally, there are many new businesses moving into the town which are looking for space to grow their operations. Finally, New Richmond's schools are among the best in Indiana and this is likely contributing to increased demand for homes within the community.