Richwood is located in north Louisiana. Richwood is part of Ouachita County. Richwood has 2.55 square miles of land area and has no water area. As of 2010-2014, the total Richwood population is 5,846, which has grown 176.41% since 2000. The population growth rate is much higher than the state average rate of 2.96% and is much higher than the national average rate of 11.61%. Richwood median household income is $18,854 in 2010-2014 and has grown by 12.29% since 2000. The income growth rate is much lower than the state average rate of 38.15% and is much lower than the national average rate of 27.36%. Richwood median house value is $48,600 in 2010-2014 and has grown by 40.06% since 2000. The house value growth rate is much lower than the state average rate of 65.18% and is lower than the national average rate of 46.91%. As a reference, the national Consumer Price Index (CPI) inflation rate for the same period is 26.63%. On average, the public school district that covers Richwood is much better than the state average in quality.